EIB commits additional €500 million to Greek urban sustainability projects

EIB commits additional €500 million to Greek urban sustainability projects

(IN BRIEF) The EIB and Greece’s CDLF have signed a €500 million loan under the Antonis Tritsis urban investment programme, bringing the EIB’s total commitment to €1 billion. The funds will support hundreds of local authority projects—ranging from water and waste upgrades to energy-efficient building retrofits, smart city solutions and seismic reinforcement—subject to EU climate and sustainability criteria. EIB Vice-President Yannis Tsakiris, Interior Minister Thodoris Livanios and CDLF President Dimitris Stamatis highlighted the deal’s role in enhancing quality of life, resilience and inclusive growth, while advisory support via InvestEU will help smaller municipalities prepare mature, bankable projects.

(PRESS RELEASE) LUXEMBOURG, 19-Jun-2025 — /EuropaWire/ — The European Investment Bank and Greece’s Consignment Deposits and Loans Fund (CDLF) have agreed a fresh €500 million loan to back sustainable infrastructure projects in cities and towns nationwide under the national “Antonis Tritsis” programme, taking total EIB support for the initiative to €1 billion. This latest financing will enable municipalities to upgrade water supply and wastewater systems, enhance solid waste management and recycling, improve road safety and climate resilience, retrofit public buildings for energy efficiency, regenerate urban spaces, deploy smart city technologies and strengthen seismic protection in schools and other public facilities.

EIB Vice-President Yannis Tsakiris said the loan underscores the Bank’s enduring partnership with Greece and its commitment to helping local communities boost climate resilience and citizens’ quality of life. The CDLF—a public law entity overseen by the Ministry of Interior—channels consignments into regional development by providing loans to municipalities and partnering with bodies like the EIB to co-finance projects that meet EU environmental and social standards.

Greece’s Interior Minister Thodoris Livanios welcomed the agreement, noting that secured funding will transform residents’ daily lives by creating new infrastructure and empowering local authorities. CDLF President Dimitris Stamatis added that the Antonis Tritsis programme supports investments ranging from flood and seismic protection to e-mobility and smart urban services, ensuring each project delivers lasting economic, environmental and social benefits.

All eligible schemes must align with EU climate and sustainability goals, and the EIB will supplement the loan with advisory services under InvestEU and related technical assistance to help smaller municipalities develop robust, bankable proposals. Since 2021, the CDLF and EIB have already disbursed €1.7 billion of the total €2.7 billion in signed Antonis Tritsis loan agreements, financing critical public-interest projects across Greece.

EIB

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.

All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.

Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

High-quality, up-to-date photos of our headquarters for media use are available here.

Media contacts:

Wood Graham
[email protected]
+352 4379 – 70512

Elizabeth Zitouniati
[email protected]
+352 4379 – 71692

Press Office
[email protected]
+352 43791

SOURCE: European Investment Bank