Kyriacos Kakouris

The European Investment Bank (EIB) is lending Cyprus €100 million for a range of road improvements in the country. The EIB credit will cover 50% of the costs of planned renovations and extensions to make road travel in Cyprus easier and safer.

The European Investment Bank (EIB) is lending Bulgaria €250 million to co-finance EU-backed projects and accelerate development in areas ranging from energy efficiency and water to transport and research. The loan is for projects that will strengthen the Bulgarian economy, bolster competitiveness and enhance the country’s quality of life.

After a challenging period marked by tight credit conditions, banks in Central Eastern and South-Eastern Europe (CESEE) are reporting increased willingness to lend together with a stronger credit demand from both households and businesses. However, expectations for the upcoming months indicate a slightly more cautious outlook, reflecting broader economic challenges.