Cyprus and EIB review investment priorities and financing portfolio in Nicosia

Nicosia, Cyprus. Cyprus’ future investment priorities and the European Investment Bank’s financing portfolio were discussed on Thursday in a meeting between Finance Minister Makis Keravnos and EIB vice-president Marek Mora. The talks also covered existing financing programmes and progress in development projects across the island.

Official visit to Cyprus

According to a statement by the Finance Ministry, Keravnos met Mora during the EIB vice-president’s first official visit to Cyprus.

The visit took place in the context of the bank’s participation in the informal meeting of ministers responsible for cohesion policy, which is being held in Nicosia.

Representation on the EIB management committee

Mora, a former deputy finance minister of Czechia, succeeded Cypriot vice-president Kyriacos Kakouris in October 2025.

He now represents Cyprus and five other EU member states on the EIB’s management committee.

Financing programmes and future priorities

During the meeting, the two sides discussed the close and long-standing cooperation between the EIB and the Republic of Cyprus.

They also reviewed existing financing programmes and the progress made in implementing development projects across the island.

The discussion also focused on the prospects and priorities of the EIB’s future investment portfolio in Cyprus, the ministry said.