European Investment Bank (EIB) plans to invest around 7.0 billion euros in Greece in the 2018-2020 period, according to Greek media reports.The report noted that EIB's deputy managing director and head of the investment group for Greece, Nicholas Jennett said last week that "Greece is one of the top countries which has benefited so far from a Juncker Plan, with projects approved worth 1.2 billion euros, leading to investments of 3.7 billion euros through private leverage".This positive climate is expected to be confirmed during the inauguration of EIB's new offices in Athens, September 29, by the bank's chief Werner Hoyer.The report mentioned that EIB will approve investment projects worth more than 7.0 billion euros for the next three years and noted that this money could double or even triple because of a leverage process.Greece signed funding deals worth 1.516 billion euros as part of the so-called Juncker Plan in 2016 and disbursements totaled 1.420 billion euros. For 2017, agreements and disbursements are expected to exceed 2.0 billion euros putting Greece at the sixth place of absorption rates after Italy, France, Spain, Germany and the UK.Greek Economy and Development ministry and the regional authority of Crete are organizing a development forum in Heraclio, Crete, September 20-21. Greek Prime Minister Alexis Tsipras will address the forum with a speech on Thursday, 21 September.Read more here.RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism reportPhoto Source: Wikimedia Commons Copyright: Palauenc05 License: CC-BY-SASource: ANA-MPA