Vice-President Pavlova's areas of oversight include the cohesion policy; financing of economic and social cohesion; advisory services (EIAH, JASPERS, ELENA, EPEC, InnovFin and JESSICA); IT and data governance; EIB Global (pre-accession policy and the Western Balkans Investment Framework (WBIF); development policy remains with Vice-President Fayolle and Vice-President Östros); financing operations in Bulgaria, Cyprus, the Czech Republic, Slovakia, Slovenia, the Western Balkans and Turkey. Vice-President Pavlova is Alternate Governor of the EBRD and oversees relations with the Vienna Initiative, the Black Sea Trade and Development Bank (BSTDB) and the Strategy for the Danube region.
EIB signs memorandum of understanding with Bulgarian government to improve the use of EU funds
According to the memorandum, the European Investment Bank (EIB) will provide support to the government of Bulgaria to contribute to the effective, efficient and timely preparation and implementation of projects or investment programmes financed by EU funds. Considering the government of Bulgaria’s needs and EIB’s role as the European Union’s long-term lender, the Bank will also be able to support institutional capacity building measures and assist the Bulgarian government in the preparation or update of strategy documents and investment plans for specific sectors.