The European Bank for Reconstruction and Development (EBRD) and Piraeus Bank have signed a €98.5 million portfolio guarantee agreement to expand financing for green, innovative, and digital projects across Greece. The agreement marks the first EBRD partnership with a financial institution under InvestEU that combines support for green investment, innovation, and digital transformation. The guarantee will enable Piraeus Bank to increase lending capacity and provide businesses with improved financing conditions, including longer repayment periods and reduced collateral requirements. In addition to the guarantee facility, the European Union will provide €1.5 million in advisory support through the InvestEU Advisory Hub. Piraeus Bank is currently the only Greek bank participating in this EBRD-backed InvestEU facility.