The significant role of EIB in Cyprus

The European Investment Bank (EIB) is the Bank of the European Union (EU), owned by the EU28 member states. EIB was established in 1958 and encounters 60 years of experience in financing projects within and outside Europe, amounting up to 450 projects per year in over 160 countries. Today, EIB is the largest multilateral lender and borrower in the world, raising funds from the international capital markets and passing on favorable borrowing conditions to beneficiaries, through the provision of low interest rates and longer maturities. EIB’s main priority is investing in Europe’s growth, by promoting sustainable and inclusive growth, by … Διάβασε περισσότερα…