Nicosia: The European Investment Bank (EIB) Board of Governors, the Bank’s top decision-making body, will gather in Nicosia on Monday and Tuesday, 29-30 September 2025. This marks the first instance of the Board’s meeting in Cyprus, underscoring the nation’s significance as a pivotal EIB partner ahead of Cyprus’ forthcoming EU Council Presidency.
According to Cyprus News Agency, the Board, consisting of high-level representatives from the 27 EU Member States and EIB shareholders, will participate in a working dinner hosted by Finance Minister Makis Keravnos. Additionally, the President of the Republic of Cyprus, Nikos Christodoulides, will deliver a welcome address to the Board members. The itinerary also includes a visit to the Limassol Wastewater Treatment Plant, a project financed by the EIB.
Over the last five years, the EIB has invested more than £1.5 billion in Cyprus. Recently, three new financing agreements were signed, including £50 million for the THALIA 2021-2027 program, £5 million for the expansion and upgrade of the Cyprus Institute of Neurology and Genetics, and £62.5 million in partnership with Eurobank to support Cypriot SMEs and startups under the InvestEU program.