EIB promotes "green cities" in Greece
26/1/10
The European Investment Bank says that it is promoting “green cities” in Greece through a pioneering loan of EUR 50m to the municipality of Heraklion in Crete.
The investment is aimed at improving the quality of life of residents and visitors, "and will mainly concern public spaces, road safety measures, environmental protection, cultural heritage and buildings for municipal services".
EIB vice-president Plutarchos Sakellaris told journalists: “Environmentally friendly and efficient urban infrastructure is key to the development and prosperity of cities. This investment in Heraklion will improve the quality and attractiveness of the city. It will moreover sustain economic growth in particular through the further development of cultural tourism.
The project includes small to large-sized schemes, primarily in the fields of urban renewal and rehabilitation of municipal infrastructure and community facilities, including a new Cultural and Conference Centre.
