Cyprus and the EIB

We helped develop the University of Cyprus's new campus, which has become a beacon of new talent. We have also financed projects including new hospitals and power stations.

At a glance

The EIB provides finance and expertise
for sound and sustainable investment projects in Cyprus.

Last year’s EIB Group activity in Cyprus by priority

(In € million, last updated at previous year end)

EIB activity in Cyprus by sector since start of operations

EIB stories in Cyprus

Individual stories speak far louder than figures and charts. Discover how our work improves the quality of life in Cyprus and beyond.

2 February 2023

A day in Europe

Buckle up and discover a normal day in Europe through different projects financed by the European Investment Bank. Will you recognise some of them? The journey begins now!

Slovakia Italy Croatia Austria Spain Romania Ireland Germany Sweden Slovenia Lithuania Bulgaria Malta Finland Belgium Hungary Greece Denmark Luxembourg Cyprus The Netherlands Portugal Poland France Latvia Czech Republic Estonia European Union
16 December 2022
Dawid A. Fusiek

Green and local in Cyprus

An urban regeneration project aims to make municipalities greener, boost the economy, and improve people’s lives in Cyprus

Cyprus European Union Urban development Climate action and environment
1 October 2022

Cyprus and the EIB: 2016-2021

We have worked with Cyprus since 1981. Between 2016 and 2021, we provided safe drinking water for 257 300 people and supplied energy for 316 140 homes.

Cyprus European Union Energy Water, wastewater management
2 June 2022
Dawid A. Fusiek

Digital insurance in Greece and Cyprus

A Greece Cyprus digital insurance company is pioneering a new platform to bring faster, cheaper, and more accessible insurance services to the region

Greece Cyprus European Union Research, innovation and technology SMEs
14 May 2019
Matt Rees

I Got a Job: A unique European project for Cyprus

The financial crisis made Cyprus job creation crucial. The University of Cyprus expansion boosts construction jobs now and, in the future, its facilities will bring valuable research funds.

Cyprus European Union Innovation Education and training Research, innovation and technology
9 April 2019

Cyprus and the EIB

Here’s how the EU is creating new opportunities for young people in Cyprus: the new faculties of the University of Cyprus are benefitting thousands of students. All for building a better Europe.

Infrastructure Cyprus European Union Education and training Development Health and life sciences
24 May 2017
Matt Rees

Genes unite a divided Cyprus

The Cyprus Institute of Neurology and Genetics boosts its research and patient care—for Greek and Turkish Cypriots

Cyprus European Union Innovation Research, innovation and technology Health and life sciences
5 October 2016
Matt Rees

Cyprus SMEs: The little village and the big bank

Like many villages in Cyprus, Agros gets a vital lifeline for family businesses hurt by the island’s banking crisis

Cyprus European Union SMEs SMEs
21 September 2016

Supporting investments in Cyprus

Improvements in education, small companies, key infrastructure… Over the last three decades, the EIB has been supporting Cyprus with loans of more than EUR 2.7bn. The role of the EU Bank as a partner for the country’s development has been recognised at the International Investment Awards 2016, organised by Gold magazine and Cyprus Investment Promotion Agency (CIPA).

Infrastructure Cyprus European Union Infrastructure SMEs

Get EIB support in Cyprus

We improve the lives of citizens in the EU and beyond. We support small businesses, while enhancing climate action and innovation. We also focus on energy transition and urban sustainability. We create prosperity for all EU regions, so that they reach their full potential.

For smaller projects
(generally less than €25m)

For large projects
(exceeding €25m)

Get various types of advisory and technical assistance.

The EIB economic survey of investments in Cyprus

The EIB, with the help of dozens of academics, practitioners and policymakers, surveyed 12,500 firms and 500 big cities across Europe to find out what is driving or holding back investment.

Discover the latest results