The European Investment Bank (EIB) appointed a Vice President from Cyprus to its Management Committee for the first time. According to a statement, economist Kyriakos Kakouris succeeds Lilyana Pavlova, who served as EIB
Ukraine’s reconstruction requires a large-scale coordinated effort by the international community, and Cyprus will contribute, having also been a victim of foreign invasion, said Finance Minister Makis Keravnos. Keravnos was at a signature ceremony
Cyprus remains the leading beneficiary of European Investment Bank (EIB) engagement in Europe relative to GDP, confirmed EIB president Werner Hoyer during his visit. Following meetings with President Nicos Anastasiades and Finance
Cyprus and the European Investment Bank (EIB) signed two new Finance Contracts for €362 mln in record new financing for priority transport infrastructure and lending to businesses affected by Covid-19. It includes
The European Investment Bank has approved €76 mln to finance the construction of a new power plant outside Limassol by the Electricity Authority of Cyprus for cleaner energy transition. According to an
Cyprus maintains lead position among European Investment Bank (EIB) shareholder countries in 2020 with agreements for projects worth 1.5% of GDP, Finance Minister Constantinos Petrides said. He made the comments on Monday
A €374 mln floating storage and regasification unit jointly financed by the European Bank for Reconstruction and Development, the European Investment Bank and the European Union will help Cyprus benefit from cleaner
The European Investment Bank (EIB) has approved €150 mln to fund the landmark construction of a terminal to enable the import of liquefied natural gas (LNG) in Cyprus. Cyprus’ natural gas company
The Cyprus government announced an ‘improved plan B’ with a major input from the European Investment Bank to rescue the economy hurt by the coronavirus pandemic with loans worth €1.7 bln, as
Last year, the European Investment Bank provided €230 mln for investment in Cyprus, equivalent to 1.04% of GDP, the highest EIB ratio than anywhere in the EU. “2019 has been a particularly
