European Investment Bank

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. 

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.

EC Allocates up to € 80 Million for the Production of a Coronavirus Vaccine in Europe

The European the Commission offered up to €80 million of financial support to CureVac, a higly innovative vaccine developer from Tübingen, Germany, to scale up development and production of a vaccine against the Coronavirus in Europe.

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