Greece: EUR 180m EIB backing for new Heraklion airport
The EIB has agreed to provide a EUR 180 million loan to support construction of the New Heraklion International Airport on the Greek island of Crete. The new airport will replace the current airport serving Heraklion. During the summer tourism season the existing airport is heavily congested and cannot handle additional passengers, at the required Optimum level of service with the most recent security standards.