Funds from European Investment Bank to drive digital upgrade
Cyprus is the largest beneficiary of European Investment Bank (EIB) engagement in Europe relative to GDP, the EIB said on Monday as it announced a...
European Investment Bank
After 15 years, we’re still waiting for gas
The deal signed this week to import natural gas is just the latest in a long line of failed attempts By Elias Hazou The European...
EIB to halt Turkey lending till year-end in Cyprus-linked move
The European Investment Bank (EIB) will not do any new lending in Turkey linked to the government until at least the end of the year...
Auditor-general eyes probe in ‘politically driven’ appointment
JUST because the law is routinely violated is no excuse for inaction when illegality is spotted, Auditor-general Odysseas Michaelides said on Tuesday, referring to Finance...
Eide and Hoyer discuss post-solution project financing
UN Special Adviser Espen Barth Eide met in Nicosia on Monday with European Investment Bank (EIB) president Werner Hoyer to discuss the potential for infrastructure projects if...
EIB and BOC to inject €134m in new loans for SMEs
THE European Investment Bank (EIB) and Bank of Cyprus on Friday signed an agreement to inject €134m of cheap credit for small and medium-sized companies...
EU’s richest countries getting lion’s share of bloc’s investment plan
Nearly all of the money spent so far from the European Union’s €315bn investment plan has gone to the 15 richest countries in the bloc,...
Cyprus a success story, EIB president says
Cyprus has been a success story, the president of the European Investment Bank said on Friday, despite the difficulties still faced by the economy. “All...
Cyprus, EIB sign loan guarantee deals worth €150m
Finance minister Harris Georgiades said that last year’s growth rate suggests that Cyprus, which will continue its reform effort and maintain fiscal discipline even after...
Government, EIB to sign €150m loan guarantee agreement for SMEs
Cyprus and the European Investment Bank will sign on Thursday a €150m government loan guarantee agreement that will help Cypriot lenders extend loans to small...
