European Investment Bank and Piraeus Bank Catalyze Greek Defense Sector with €100 Million Financing
The first €100 million credit line via Piraeus Bank to bridge the financing gap for SMEs and Mid-caps in the Greek security and dual-use technology sectors.
The European Investment Bank (EIB) has formalised a strategic €100 million credit line with Piraeus Bank, marking the first intermediated lending operation in Greece specifically tailored for the security and defense sectors. This transaction addresses the structural barriers that have historically impeded access to capital for small and medium-sized enterprises (SMEs) and mid-caps within this strategic ecosystem. By providing a dedicated framework for credit, the initiative aims to bolster the industrial base of a sector increasingly central to European sovereignty. The agreement reflects a broader shift in the continental financial architecture, where security is no longer the exclusive domain of state budgets but a viable field for structured private and institutional investment.