Cyprus achieves record €372 million EIB Group financing in 2025, including new €125 million loan for public school modernisation

March 20, 2026 by European Investment Bank Leave a Comment

This article is published in association with European Investment Bank.

In 2025, the EIB and EIF reached a record level of activity in Cyprus, providing a total of €372 million in financing.
New €125 million EIB loan for public school modernisation, delivering over 140,000 m² of upgraded learning spaces.
Investments supported key sectors including education, healthcare, cultural heritage, SME financing and infrastructure, helping to strengthen skills, innovation and regional cohesion.

Record EIB Group activity in Cyprus in 2025

In 2025, the European Investment Bank Group achieved a historic level of activity in Cyprus, providing a total of €372 million in financing, of which €354 million were EIB loans and €18 million mobilised by the EIF. Overall, EIBG support represented 1.02% of Cyprus’s GDP corresponding to an estimated per capita investment of €839.

The investments supported sustainable growth, climate action, innovation and social cohesion, with a strong focus on education, healthcare, infrastructure, cultural heritage and SMEs. Climate-related projects accounted for €226 million, while cohesion and regional development projects reached €149 million. Over the past five years, cumulative EIB Group financing in Cyprus has exceeded €1.5 billion, underlining sustained support for the country’s long-term development priorities.

New financing for public schools

The EIB also signed last December a €125 million loan to modernise public schools across Cyprus. The programme includes new school construction, expansion of existing facilities, and major renovations, delivering over 140,000 m² of modern learning spaces.

The project incorporates energy-efficient and sustainable building standards, enhancing learning environments, promoting regional cohesion, and supporting EU climate objectives.

“2025 has been a landmark year for our engagement with Cyprus,” said Morak Mora, EIB Vice-President. “The record €372 million financing, including the new €125 million loan for public schools, demonstrates our commitment to sustainable and inclusive growth. These investments improve education, foster innovation and green transition, while supporting regional cohesion and delivering tangible benefits for all Cypriots.”

Key projects and investments in 2025

Transport and mobility. The EIB provided a second tranche of €100 million to support Cyprus’s national road network, enhancing safety, accessibility and connectivity. The loan agreement covers investments in highways as well as regional and rural roads and includes works on bridges, tunnels and pedestrian and cycling infrastructure, complemented by modern traffic management and drainage systems.

Education. The EIB invested €125 million to modernise public schools across Cyprus. The programme supports the construction of new schools, the expansion of existing facilities and major renovations—delivering over 140,000 m² of modern learning spaces that improve the quality, safety and functionality of the public education estate.

Culture and heritage. The EIB supported cultural heritage with €72 million for the new Cyprus Archaeological Museum, a flagship investment expected to strengthen Cyprus’s cultural infrastructure and enhance the visitor experience.

Sustainable growth. The EIB also provided €50 million to support Cyprus’s participation in the THALIA 2021–2027 Operational Programme, promoting smart, green and inclusive growth through EU co‑financed investments.

Health and scientific excellence. The EIB increased its support to the Cyprus Institute of Neurology and Genetics (CING) by an additional €5 million, bringing total EIB backing for the Institute to €31 million. The financing supports new facilities, advanced laboratory and medical equipment, research and development activities, and postgraduate education—reinforcing CING’s role in healthcare provision, medical research and talent development.

SMEs and start‑ups. To improve access to finance for smaller businesses, the European Investment Fund (EIF) launched its first €5 million InvestEU guarantee with Eurobank Ltd. The initiative is expected to mobilise loans of up to €62.5 million for SMEs and start‑ups, supporting entrepreneurship, innovation and job creation.

Overall, 2025 investments strengthened human capital, infrastructure and innovation, laying the foundations for a greener, more inclusive and competitive Cyprus.

Background information   

The EIB Group  

The European Investment Bank (ElB) Group is the financing arm of the European Union, owned by the 27 Member States, and one of the largest multilateral development banks in the world. In 2025, the EIB Group signed €100 billion of new financing and advisory services for over 870 high -impact projects in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, territorial cohesion, agriculture and the bioeconomy, social infrastructure, strong global partnerships and the savings and investment union. Beyond long-term loans for large infrastructures, the EIB Group crowds-in private investment for high-risk innovative projects and businesses, with a growing role in Europe’s markets for venture debt, venture capital, guarantees and securitisations.

The European Investment Fund (EIF) is the subsidiary of the EIB Group specialised in providing guarantees and equity to improve access to finance for small and medium size businesses and startups across Europe. Acting as an anchor investor, through its extensive network of partnering banks and investment funds, the EIF mobilizes private investment and nurtures the ecosystem of venture capital funds to support innovative European entrepreneurs.

In 2023, the EIF together with six member states (France, Germany, Italy, Spain, Belgium and the Netherlands) launched the European Tech Champions Initiative, a fund of funds to scale-up innovative startups. This initiative has already enabled the creation of 13 European venture capital mega-funds and scaled up 38 companies, including 11 unicorns (with more than €1 billion in capital).

Discover more from The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com

Subscribe to get the latest posts sent to your email.

© UNOCHA/Alina Basiuk A school in Ukraine lies in ruins after being hit by a missile.

Ukraine war ‘a human rights catastrophe’ that must end, says Türk

October 5, 2026

This article is published in association with United Nations. Human Rights The war in Ukraine is a human rights catastrophe that is “growing and intensifying by the week” and threatening an even greater disaster across the region, UN High Commissioner for Human Rights Volker Türk said on Friday. Addressing the Human Rights Council in Geneva, Mr. […]

UN News Massive tent settlement of displaced residents extends along the damaged Gaza coastline.

Palestinians yearn for ‘a return to normal life’, says top Middle East peace envoy

October 2, 2026

This article is published in association with United Nations. The UN is continuing efforts to support Palestinians in Gaza amid major challenges to humanitarian access, reconstruction and the restoration of essential services, according to Ramiz Alakbarov, Acting UN Special Coordinator for the Middle East Peace Process. Speaking to UN News on the margins of the UN […]

©UNIFIL/Tilak Pokharel UNIFIL personnel distribute food kits to displaced families in Saida, Lebanon (file).

Lebanon: One in five children goes to bed hungry, says UNICEF

October 1, 2026

This article is published in association with United Nations. Four in five households in Lebanon struggle to afford basic necessities today, with children increasingly going without food, missing school and being pushed into work as conflict compounds years of economic crisis. “I wanted to buy clothes for my children, but I could not. I also wanted […]

World News in Brief: Deadly Myanmar strikes as Malaysia begins deportations, new emergency funding released, Gaza and West Bank update

September 30, 2026

The UN chief on Tuesday strongly condemned an airstrike that reportedly killed at least 50 people at a market in Myanmar’s Rakhine state and called for those responsible to be held to account. Forces from the military junta reportedly hit Kyauktaw township around midday on Monday, when the market’s more than 200 shops were busy […]

EU provides €61 million in humanitarian aid amidst rapidly deteriorating situation in Ethiopia

September 29, 2026

This article is brought to you in association with the European Commission. Amid fears of renewed conflict in Northern Ethiopia, the European Union is providing €61 million in humanitarian funding to help the most vulnerable people in Ethiopia affected by conflict, displacement, disease outbreaks and climate-related hazards, including the impact of El Niño. The European Union […]

© UNDP A worker installs solar panels in Lanao del Sur in the Philippines.

From energy crisis to energy transition: How renewables are reshaping energy security

September 29, 2026

This article is published in association with United Nations. The continuing conflict in the Middle East is disrupting global energy markets and pushing up fuel prices, with knock-on effects far beyond the region. For Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), the crisis is also reshaping how the world understands the phrase […]

Countries adopted on Saturday a new global blueprint for tackling rapidly evolving forms of crime, as the UN’s largest gathering on crime prevention and criminal justice opened in Abu Dhabi with a call for stronger international cooperation. The Abu Dhabi Declaration was adopted by acclamation at the opening of the 15th United Nations Congress on Crime Prevention and Criminal Justice, bringing governments together around challenges ranging from cybercrime and fraud to the growing criminal exploitation of digital technology. The Declaration highlights an increasingly complex landscape in which services, infrastructure and technology can be exploited by criminals, including emerging trends described as “crime as a service” and “violence as a service”. At the same time, countries committed to making greater use of technology themselves, including by digitalizing justice systems and harnessing artificial intelligence in criminal justice responses. The Declaration stresses that safeguards must accompany those changes, including human oversight, transparency, due process and data protection. ‘Justice cannot be a privilege’ In a video message to the Congress, UN Deputy Secretary-General Amina Mohammed said the meeting was taking place at a time of profound change. “Justice cannot be a privilege. It must protect every person, uphold every person’s rights and leave no one behind,” said Ms. Mohamed. “This Congress is an opportunity to renew our shared commitment to justice and the rule of law, and to translate that commitment into action.” Countries are already being encouraged to put the Declaration into practice through the voluntary Pledge4Justice initiative, under which participating governments are announcing concrete, time-bound actions on crime prevention and criminal justice through 2031. The Abu Dhabi National Exhibition Centre with its curved glass tower and surrounding buildings reflected in calm water at dusk. UNODC The Abu Dhabi National Exhibition Centre where the 15th UN Crime Congress is set to take place. From Kyoto to Abu Dhabi Opening the Congress, UN Office on Drugs and Crime (UNODC) Executive Director Monica Juma framed the gathering as both a response to a changing criminal landscape and a test of international cooperation. “Today, the world convenes in Abu Dhabi to reaffirm that the rule of law and criminal justice are essential to the safety and security of people and the planet,” said Ms. Juma. “At a time when confidence in multilateralism is faltering, let Abu Dhabi be a testament to international cooperation.” Five years after the previous Congress in Kyoto, Japan, Ms. Juma said the world had reached another “inflection point”, with technology and artificial intelligence advancing at extraordinary speed. The same platforms connecting billions of people can also connect criminals, she warned, while digital currencies can conceal illicit profits and digital tools can be used to deceive, manipulate and exploit. Technology, she argued, is not simply accelerating crime but changing its character, while organized criminal networks increasingly exploit weaknesses across borders and institutions. Tweet URL Protecting people as the ‘north star’ Behind those broad trends, Ms. Juma urged delegates to focus on the people most exposed to harm, including children recruited by gangs, women facing violence at home or online, people unable to obtain legal assistance and young people lured into scam networks with promises of a better future. “Protecting these people must be the measure against which we judge our efforts over the coming week,” she said. “It must be our north star.” She called for laws and institutions capable of keeping pace with changing threats, greater access to justice and legal aid, and technology that serves as “a force for good” rather than an accelerator of harm. And while welcoming the Abu Dhabi Declaration as a starting point, Ms. Juma stressed that its impact would ultimately depend on implementation. A week focused on justice Hosted by the United Arab Emirates, the Congress runs through 1 October under the theme Protecting People and Planet in the Digital Age. Some 119 countries are represented, alongside more than 40 justice ministers and other senior officials, with over 5,100 participants from governments, civil society, academia and the private sector. Plenary meetings, workshops, side events and exhibitions will run throughout the session. Organizers are also billing this as the most youth-inclusive Crime Congress yet. Young people are participating in workshops, contributing to follow-up efforts and taking part in a dedicated Youth Lab and art exhibition, following a Youth Forum held ahead of the Congress on 24 and 25 September. UNODC serves as secretariat of the Congress and will support implementation of the Abu Dhabi Declaration.

Countries adopt global blueprint to tackle fast-evolving crime in digital age

September 28, 2026

This article is published in association with United Nations. Countries adopted on Saturday a new global blueprint for tackling rapidly evolving forms of crime, as the UN’s largest gathering on crime prevention and criminal justice opened in Abu Dhabi with a call for stronger international cooperation. The Abu Dhabi Declaration was adopted by acclamation at the […]

United Nations President Mahmoud Abbas of the State of Palestine addresses the General Debate of the UN General Assembly’s 81st session.

Palestinian existence under threat, Abbas tells UN, warning of ‘another Nakba’

September 25, 2026

This article is published in association with United Nations. Israeli policies now threaten “the very life and existence of the Palestinian people on their homeland”, Palestinian President Mahmoud Abbas told the UN General Assembly on Thursday, urging the world not to allow “another Nakba”. Mr. Abbas addressed the Assembly’s annual debate via pre-recorded video after his […]

© UNICEF/Oleksii Filippov A rescue worker stands outside a residential building in Kyiv’s Solomianskyi district that was severely damaged during a massive overnight attack on the city.

World News in Brief: ‘New intensity’ to Russian attacks on Ukraine, Yemen, Gaza and Colombia updates

September 25, 2026

This article is published in association with United Nations. Russian armed forces have carried out repeated attacks across Ukraine over the past several days, killing and injuring civilians and damaging homes, hospitals, shops and workplaces, UN human rights monitors said on Thursday. The attacks have involved ballistic and cruise missiles, drones and guided aerial bombs. Between […]

UN Photo/Loey Felipe President Volodymyr Zelenskyy of Ukraine addresses the General Debate of the UN General Assembly’s 81st session.

Zelenskyy urges stronger pressure on Russia, warns war’s impact is spreading beyond Ukraine

September 24, 2026

This article is published in association with United Nations. Ukrainian President Volodymyr Zelenskyy on Wednesday called for intensified pressure on Russia to end its war against Ukraine, arguing that Moscow continues to incur massive losses while prolonging a conflict whose consequences are increasingly being felt far beyond the battlefield. Addressing the UN General Assembly’s annual debate, […]

UN Photo/Loey Felipe President Donald Trump of the United States addresses the General Debate of the UN General Assembly’s 81st session.

Trump defends military action against Iran, Venezuela, and calls for rebrand of AI

September 23, 2026

This article is published in association with United Nations. US President Donald Trump used his address to the UN General Assembly on Tuesday to defend recent military action against Iran, urging countries to maintain economic pressure on Tehran – and declaring that he now faces a choice between making a deal, or taking far more drastic […]

© UNICEF/Oleksii Filippov An injured girl climbs the partially collapsed stairwell of a building in Boryspil, Ukraine, following a missile strike.

‘Nowhere is safe’: UN experts detail Ukraine war’s toll and Russia’s reach beyond its borders

September 22, 2026

This article is published in association with United Nations. UN Human Rights Council-appointed experts on Monday laid out a grim picture of the human cost of Russia’s invasion of Ukraine, with a spotlight on civilians facing a third wartime winter as well as the intimidation of Russians who have fled abroad. The Independent International Commission of Inquiry […]

© UNICEF/Robic Upadhayay Aid workers transport supplies past a flood-damaged house in Nepal.

Nepal floods: ‘Apocalyptic’ destruction signals wider climate threat across Himalayas

September 21, 2026

This article is published in association with United Nations. The catastrophic flooding that swept away entire villages in northern Nepal could occur again in the country or elsewhere in the Himalayas due to climate change. The warning comes from Sara Netzer, regional director with UN field operations office UNOPS, which provides infrastructure, procurement and project management […]

World News in Brief: Winter aid for Gaza, West Bank; Haiti food production; migrant deaths at sea; human rights funding

September 18, 2026

The UN Children’s Fund (UNICEF) is seeking to raise $97.5 million to protect 540,000 children and their families in Gaza and the West Bank from harsh winter conditions in the coming months. Nearly 84 per cent of Gaza’s population – more than 1.76 million people – live in overcrowded displacement sites or damaged shelters, leaving […]

© UNRWA Search-and-rescue operations continue following the collapse of a war-damaged building in Gaza city.

Gaza: At least 20 killed in deadly building collapse, search for survivors continues

September 17, 2026

This article is published in association with United Nations. Search and rescue operations continued in Gaza City on Wednesday following the collapse of a bombed-out building that killed at least 20 people, according to reports. The incident has highlighted the precarious situation of displaced Palestinians across the Gaza Strip who shelter wherever they can, including in […]

UN News/Nargiz Shekinskaya The UN HQ (Secretariat) building in Manhattan.

The world comes to New York: What’s at stake at UN General Assembly high-level week

September 16, 2026

This article is published in association with United Nations. Each September, New York becomes the centre of global diplomacy as presidents, prime ministers, ministers and diplomats from around the world gather at United Nations Headquarters. At a time of mounting geopolitical tensions and overlapping global crises, leaders will tackle a packed agenda that includes conflicts and […]

Six UN staff killed in Gaza school strike; Lebanon violations mount

September 15, 2026

This article is published in association with United Nations. Israeli strikes killed six UN workers and civilians at a school sheltering displaced families in Gaza as needs grow, according to the UN agency for Palestine refugees, UNRWA. At least 220 agency staff have been killed in Gaza since the Hamas-Israel war began in October 2023. UNRWA Acting […]

‘Where do we go?’: How Israel’s ‘yellow line’ is closing in on Palestinians

September 14, 2026

This article is published in association with United Nations. Ola Ishtiwi sits with her children in front of the remains of her home in the Al-Tuffah neighbourhood in eastern Gaza City, a few metres away from a series of painted cement blocks Israel has placed to mark what has become known as the “yellow line”. Initially set up following the announcement of the Israel-Hamas ceasefire […]

© UNDP/Oleksandr Ratushniak A substation in Ukraine damaged during ongoing strikes in the war with Russia.

Ukraine: Drone attacks on Chornobyl are ‘gambling with the safety of millions of people’

September 11, 2026

This article is published in association with United Nations. A drone strike on the protective structure at the Chornobyl Nuclear Power Plant could have endangered the safety of millions of people, UN Development Programme (UNDP) Administrator Alexander De Croo told reporters via video link from Kyiv on Thursday. He is visiting Ukraine, with his mission focused […]