European Investment Bank and Piraeus Financial Holdings Sign Landmark Greek Defence Funding Agreement

Piraeus Bank and the European Investment Bank signed a deal on Friday to provide 200 million euros for defence firms. This supports Greek cybersecurity efforts.

Insights:
The European Investment Bank and Piraeus Financial Holdings S.A. signed an agreement on Friday, January 16, 2026, to provide up to 100 million euros of funding to small- and medium-sized defence companies. This landmark deal makes Piraeus Financial Holdings S.A.the first bank in Greece GRGRto sign such an agreement with the lending arm of the European Union EUEU. Through this partnership, Piraeus Financial Holdings S.A.will be able to provide a total of 200 million euros to a few hundred small and medium size Greekcompanies active in the cybersecurity and defence sectors.
A man walks past a Piraeus Bank branch in Athens, Greece, January 17, 2022. REUTERS/Louiza Vradi
A man walks past a Piraeus Bank branch in Athens, Greece, January 17, 2022. REUTERS/Louiza Vradi
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