|
|
|
Cyprus News Agency: News in English, 11-05-17
CONTENTS
[01] MINISTER - EIB GENERAL MEETING
[02] FINANCE MINISTRY PUBLIC FINANCES
[01] MINISTER - EIB GENERAL MEETING
President of the European Investment Bank Philippe Maystadt has
presented to the Board of Governors the Bank`s activities in 2010,
during the Boards Annual General Meeting, which took place in
Luxembourg on Tuesday. Cyprus Finance Minister Charilaos Stavrakis
participated in the Meeting as the Governor of the EIB for Cyprus.
According to an official announcement, total EIB lending in 2010
reached 72 billion euro (compared to 79 billion in 2009) of which 63
billion euro represent aid to the EU member states and 9 billion were
allocated to EU partner states.
In 2010, the EIB lending to Cyprus reached 460 million euro, and it
mainly financed projects in the field of energy (43%), Green
Development (39%), small and medium enterprises (11%) and transport
(7%).
[02] FINANCE MINISTRY PUBLIC FINANCES
Figures released on Tuesday show that public finances for April 2011
are improved compared with April 2010, Finance Ministry said today.
A press release issued on Tuesday by the Finance Ministry notes that
this result ``complies with the government`s estimates on the course of
the public finances which given the current figures will show gradual
improvement throughout 2011.``
|
