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EIB Vice-President visiting Cyprus to sign €100m second loan tranche

The Vice-President of the European Investment Bank (EIB), Kyriakos Kakouris, pays an official visit to Cyprus on Thursday, 31 July.

According to a press release issued by the Ministry of Finance, the purpose of the visit is to sign the second tranche of a €100 million loan under the €200 million Loan Agreement between the Republic of Cyprus and the European Investment Bank to finance Department of Public Works road infrastructure projects.

The signing of the Loan Agreement will take place at the Ministry of Finance, the press release noted.

(Source: CNA)

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