Description
In 2024, the EIB Group (the European Investment Bank and its subsidiary the European Investment Fund) recorded another year of impressive results in Cyprus, providing a total of €225 million in financing, which was joint fifth-highest among all EU countries as a share of GDP. Last year also marked the hugely significant milestone in November 2024 of the EIB opening an office in the country’s capital Nicosia for the first time, with the aim being to further strengthen the Bank’s local presence and facilitate collaboration with partners on strategic priorities and financing opportunities to grow the real economy.
