the european investment bank

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European Investment Bank

Počivalšek discusses space technology at European Space Conference

Ljubljana – Economy Minister Zdravko Počivalšek took part in the virtual European Space Conference to present the opportunities for Slovenian science and economy brought by the country’s participation in the European Space Agency. He sees this sector as an opportunity for successful recovery after the coronavirus crisis.

Bulgaria’s Minister of Finance: Our Country Will Join Eurozone in 2024

"We expect our country to join the eurozone in 2024. The main tasks of the Bulgarian Government on the way to achieving this goal are related to the fulfilment of the subsequent commitments under the Roadmap after the accession of the Bulgarian Lev to ERM II, as of July 10, 2020. 

Bulgarian Government Increases the Capital of the Fund of Funds

At today's regular meeting, the government approved changes to the budget of the Ministry of Finance for 2020 to increase the capital of the Fund of Funds with a cash contribution of BGN 375,000. The increase of the capital of the company will be carried out by issuing new registered shares with a nominal value of BGN 1 each.

Cyprus Announced 10 New Measures to Fight the Crisis

The Cyprus government announced an 'improved plan B' with a major input from the European Investment Bank to rescue the economy hurt by the coronavirus pandemic with loans worth €1.7 bln, as well as subsidies of interest rates for business and housing loans, after it failed to pass a smaller loans-guarantee scheme through parliament which would have required greater transparency.

PM Boyko Borissov after EU-Western Balkans Summit: EU is Mobilizing More than 3.3 Billion Euros for the Western Balkans

Speaking at a briefing on May 6 after his participation in the EU-Western Balkans Summit, Bulgaria's Prime Minister Boyko Borissov said that the EU is mobilizing very quickly a package of more than 3.3 billion euros for the health systems of the Western Balkans.

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