The European Investment Bank (EIB) will provide the Greek government with €2 billion in loans to fund long-term, key projects, including the construction of a new railway line stretching across the country.

This is the largest ever EIB loan to Greece noted Vice-President Plutarchos Sakellaris, who signed the deal with Finance Minister George Papaconstantinou and Economy Minister Louka Katseli in Athens. The loan is in line with the European Union's strategy for Long Term growth known as Europe 2020.

Kathimerini daily: EIB chips in with 2-bln-euro loan