Regional Development minister on creation of public Investments Bank

Regional Development and Competitiveness Minister Mihalis Chryssohoidis announced at an event of the Greek Exports Promotion Organisation on the presentation of its action plan for the 2012-2013 period, the mobilisation of all forces for the creation of a public Investments Bank within the year.
The minister said that the main target of the bank, which will be public but will have private management, will be support for investments and growth.

He also said that in the month and a half another financing tool will be announced. More specifically, the ministry is in negotiations with the European Investments Bank for the leverage of 1 billion euros that will concern working capital for supporting exports businesses.

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