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Credit for 250 million euros

Credit for 250 million euros

Tags: Cyprus Economy, Credit

In accordance with the annual report, which is presented in Brussels, President of the European Investment Bank (EIB), Werner Hoyer, in 2013 year credit institution granted loans: Cyprus - worth in 250 million euros and Greece - in the amount 1 465 billion million euros.

Between 2009 2013 years by the Government of Cyprus has taken a loan from international lenders billion 1 490 million euros, while Greece has received a loan in 7 897 billion million euros.

In total in the year 2013 Member States of the European Union, the EIB provided loans totaling 75 billion euros, up 37% more than in 2012 year.

Werner Hoger also reported that about 7 billion euros have been allocated by the bank for media development in Greece, Spain, Portugal, Ireland and Cyprus.

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