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.
Serbia: EIB Vice-President Pavlova signs second EU grant for Belgrade – Niš railway
Only a month after the first grant was signed, EIB Global signed a second EU grant for €174.6 million for the subsection Paraćin – Trupale – Međurovo rail route, part of an EU financial package totalling €2.2 billion for the Belgrade – Niš section of the Railway Corridor X. The first grant under the Western Balkans Investment Framework (€82.8 million) was signed in February 2023. The funds will enable the upgrade and modernisation of 230 km of railway. This will enable travel speeds of up to 200 km/h between Belgrade and Niš, increase trade flows and stimulate economic growth along the route.