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EAT secures €1.5B Recovery Fund backing for €5B SME lending

EAT (Hellenic Development Bank) announced €1.5 billion in Recovery Fund resources to support €5 billion in new SME loans, leveraging EU funds to expand credit access. The initiative signals increased public credit support in Greece, potentially boosting domestic investment and growth. Details on disbursement and eligibility remain unspecified.

Capital.grabout 8 hours agoGRCredibility 35%View source

Score Breakdown

Mosaic Score5.1
Confidence0.5
Significance0.5
Source credibility0.3

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