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The European Investment Bank EIB is the European Union’s bank, with member states contributing jointly to its capital in accordance to their economic weight and has its headquarters in Luxembourg. EIB provides long-term finance for sound, sustainable investment projects to foster EU policy goals in Europe and beyond. EIB targets four priority areas in support of growth and job creation: innovation and skills, SMEs, climate action and strategic infrastructure across the EU.
EIB is one of the largest multilateral and credible borrowers on global markets. Drawing from its excellent credit rating AAA , EIB is able to raise funds at advantageous interest rates from international capital markets through bond issues with the benefits passed on to its clients. Since then, EIB has been a solid and reliable partner of Cyprus by financing projects in all sectors of the economy with exceptional favourable terms, offering added value, expertise and experience mainly in public investments.
Since the inauguration of our cooperation with the EIB in loan agreements of more than 4. Cyprus is in cooperation with EIB for new innovative schemes and so far three schemes have been launched for the support of SMEs in Cyprus, given that SMEs are considered to be the backbone of the Cyprus economy contributing to sustainable development and employment:.
The Scheme is accomplishing its primary target by offering to SMEs alternative medium and long term funding to sustain their activity and growth. In addition, the beneficial EIB funding and increased long-term lending capacity resulted in lower financing costs and improved terms for final beneficiaries. The establishment of CES constitutes a common instrument by the EIB Group and the Republic of Cyprus with the purpose to facilitate access to finance for Cypriot SMEs through financial instruments in the form of risk sharing loans with favourable financing terms.
The establishment of CES will contribute to sustainable growth and employment in Cyprus ultimately benefiting SMEs, facing acute shortage of liquidity and limited alternative medium and long term funding. The purpose of the financing Agreements mentioned above is to facilitate the access of Mid-Caps and small and medium-sized enterprises in risk financing projects for research and innovation and to provide support in such activities for the next two years in Cyprus.
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Judge dismisses Trump’s bid to block release of his tax returns
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Aspros and Nissi Beach, on coastal formations of aeolianite, began to throw completely new light on the earliest archaeological sites on Cyprus (dating back.
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President Trump lost another key legal round Thursday in his battle to keep his tax returns away from Manhattan District Attorney Cy Vance. Even if Vance obtains the documents, he would be bound by grand jury secrecy to keep them under wraps. The president said he interprets the Supreme Court ruling as backing his claim that the subpoena is invalid.
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Been dating this woman named Jessi since the first week of January. Until lock down happened everything was going very well. During the world wide stay at home saga, our relationship turned more into a long distance thing and she became very offish. Along with that she went through a depression and also lost her job just before the furlough scheme was introduced in the UK. She had to live off her parents for that period not having any form We’re back for another speed dating event, this time it’s Speed Dating for Gays and Lesbians.
Trumps loses another legal battle over financial records with Manhattan DA Cy Vance
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Trump’s lawyers said that the request for tax records dating back to was retaliatory after the president’s company, the Trump Organization.
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Cyprus and its rich history offers plenty of things to explore and experience. Driving Distance: 5 minutes. Both boast calm, clean seawaters and provide a fantastic setting for walking amidst nature, as such they are popular with all, including families with small children. Above the Lefkara Valley, Ktima Dafermou blends uniquely with the natural surroundings of the vineyards and the rolling hills.
The white rocks resemble chalk and create platforms on the water which are suitable for exploring, sunbathing or jumping into the clear waters. Driving Distance: 15 Minutes.
allegations of possible criminal activity at plaintiff’s New York County-based Trump Organization dating back over a decade,” the filing states.
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