funds

EIB funds cleaner new Cyprus power plant

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

State equity fund to finance SMEs and start-ups

Cyprus seeks to address challenges facing small and medium-sized enterprises (SMEs) in obtaining financing, by creating a state Equity Fund which will inject cash into capital-starved businesses and start-ups. Currently, the lack