The deal makes it the 4th largest shareholder in the Cypriot bank
Eurobank
Developing Story
Established in 1932, Vitex - Yannidis Bros is the largest Greek-owned company of architectural paints
The borrowers will not be given the chance to buy their loans first for the same price, as it happened in Cyprus
This is the second loan to be signed between the EIB & Eurobank
The country’s path during the years of crisis was due to a series of other factors beyond debt sustainability
Both attacks took place in 2016