The social development bank in Europe

Floods prevention project

  • Approval date

    5 July 2019

  • Borrower

    Government

  • Country

    Greece

  • Loan size

    € 70 000 000

  • Line of action

    Sustainable and inclusive growth

  • Status

    In progress

This EUR 70 million Project loan will part-finance sub-projects to upgrade and modernise the flood-prevention infrastructure in selected urban or peri-urban areas and to protect populations, infrastructure, environmental and cultural assets and other productive assets against severe flooding. Final beneficiaries will be the inhabitants and visiting tourists living in high-risk flood zones of the urban and peri-urban areas of Attica, Central Macedonia and Peloponnese.

CEB provides €70 million to Greece for flood prevention measures

Press release 10 July 2019

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