Cyprus’ future investment priorities were in focus during a pivotal meeting with the European Investment Bank (EIB) in Nicosia. Finance Minister Makis Keravnos engaged with EIB vice-president Marek Mora on Thursday, marking Mora’s first official visit to the island.
This visit aligns with the EIB’s involvement in the informal meeting of ministers responsible for cohesion policy, currently taking place in Nicosia. Mora, who previously served as deputy finance minister of the Czechia, took up his role as EIB vice-president in October 2025, succeeding Cypriot Kyriacos Kakouris.
The discussions centred on the enduring partnership between the EIB and the Republic of Cyprus, highlighting the progress of existing financing programmes and ongoing development projects across the island. Keravnos and Mora reviewed various initiatives that have been supported by the bank, showcasing the collaborative efforts that have benefited Cyprus over the years.
Significantly, the dialogue also addressed future investment prospects. Both parties delved into the EIB’s potential financing portfolio for Cyprus, aiming to align it with the island’s developmental needs and strategic objectives.
With the EIB representing Cyprus and five other EU member states on its management committee, these discussions are crucial for ensuring that the financial support aligns with both local and EU-wide developmental goals. The focus on future investment priorities is expected to pave the way for enhanced economic resilience and sustainable growth in Cyprus.
