EIB President to visit Cyprus

The cooperation between Cyprus and the European Investment Bank, in the framework of the joint efforts to support the economy of Cyprus, will be on the agenda of the visit of Werner Hoyer, the Banks President, on Monday.

An official press release issued on Friday, says that Hoyer will hold a series of meetings with Cyprus President Nicos Anastasiades and Finance Ministry officials.

On Monday, the President of EIB and the Permanent Secretary of the Ministry of Finance Christos Patsalides will sign an agreement with the Hellenic Bank on the financing of small and medium-sized enterprises (SMEs) and mid-caps for the amount of Euros 50 million.

Source: Cyprus News Agency