Thessaloniki: Funding from the European Investment Bank

The Mayor of Thessaloniki, Stelios Angeloudis, referred to the opportunities offered by the European Investment Bank (EIB) to achieve the municipality's goals. He stated that the funding from the EIB will be directed towards the implementation of part of the broader investment plan developed by the municipality.

Mr. Angeloudis emphasized that the municipality's participation in the European Mission "Climate-Neutral and Smart Cities" is an opportunity for the urban resilience of Thessaloniki, which requires significant investments in infrastructure, energy upgrading of buildings, and renewable energy sources.

The investment plan amounts to €79,000,000 and is covered by a loan, co-financed resources (ESPA €9,200,000), national resources (€34,000,000), and own resources (€5,800,000). The €30,000,000 concerns projects such as the restoration and energy upgrading of the school complex in Iktinou, the construction of a kindergarten, library and elderly care center in 40 Ekklisies, the reconstruction of sidewalks and the upgrading of municipal lighting.

The Mayor called on all municipal parties to support the proposal for the operation of a funding line, which will be used exclusively for the implementation of development projects.