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Cyprus needs for funding at €1.3 bln
The financing needs of Cyprus for next year amount to 1.3 billion euros, largely to be covered by the issuance of a €1 billion European medium-term note (EMTN), the Cypriot Finance Ministry's Public Debt Management Office (PDMO) said last week.
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Cyprus to join Ukraine reconstruction effort, says minister
The reconstruction of Ukraine will require a large-scale coordinated and collective effort by all actors in the international community, Cyprus' Minister for Finance Makis Keravnos said, adding that Nicosia will take part in the effort, having also been a victim of foreign invasion.
Eco groups urge review of river management project
The Hellenic Society for Environment and Culture (ELLET) and three environmental organizations are calling for a review of the Erasinos River management project in the Mesogeia region of Attica.
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Albania Urged to Save Iconic 1920s Bridge From Collapse
Two organisations, Europa Nostra and the European Investment Bank Institute, on Monday released a technical report urging Albania to save an endangered bridge built in 1927 under Albania's first and last king. Zog.
Montenegro Signs Contract With Chinese Company to Build Coastal Highway
Montenegrin government and Shandong International Economic & Technical Cooperation Group representatives in Podgorica. Photo: Government of Montenegro
According to the government, the company will build 16 kilometers of a new highway between the coastal towns of Budva and Tivat, and the 53-million-euros' worth project should be finished in two years.
Finance Days in Athens on March 30
EU Finance Days 2023, a European Commission event, will be held in Athens on March 30 to brief businesses and financial institutions about EU business support programs for the 2021-2027 financing period.
The event is organized by the Commission's services and representations, in collaboration with the European Investment Bank and the Enterprise Europe Network.
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World donates 6 bln euros for Türkiye’s quake relief
The international community has collected slightly more than 6 billion euros for Türkiye and around 1 billion euros for Syria in a major donors' conference organized by the European Union to assist the victims of the Feb. 6 earthquakes and the reconstruction of 11 Turkish provinces.
Greece signs agreement with EIB on €900 mln funding
The European Investment Bank (EIB) and Greek authorities on Thursday announced new financing agreements, worth 900 million euros in total, that will support priority investments in high-impact, large-scale projects across the country, focused on the green and digital transitions.
EIB for PPC Renewables projects in Western Macedonia
The European Investment Bank announced on Wednesday it is committing 28.5 million euros in financing for the Public Power Corporation Group's renewable energy arm, to help support the construction of three solar farms.
The EIB financing will reach a maximum amount of €35 million over the coming months.
EIB to assist with energy upgrades to public buildings
The Development Ministry and the European Investment Bank on Thursday signed a new ELENA contract for technical assistance to improve energy efficiency in public buildings and other facilities such as schools, hospitals, sports venues and administrative buildings all over Greece.