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I would first of all like to welcome and warmly thank Mr. Hoyer who is visiting Cyprus for the first time since the election of Mr. Christodoulides to the Presidency of the Republic and the assumption of the new Government. It is a sign of the EIB's commitment to Cyprus and its people. The Bank's valuable support to our Government's development efforts at very critical times in our history, such as this one, is always appreciated.
We had a constructive meeting during which we discussed Cyprus' cooperation with the Bank to date and considered the extension of this cooperation in the near future. I am particularly pleased that the main development projects in Cyprus are either funded (University Campus, roads, development programme of AHK and municipalities, gas infrastructure) or are about to be approved for funding (Museum, Sewerage Works, Student Dormitories of CUT and the University of Cyprus, the new State Chemistry building).
As you know, the green transition is a top priority for the Republic of Cyprus and accelerating this path is essential for the economy. In this effort, President Hoyer has assured me that the EIB, also called the Climate Bank of Europe, will stand by us not only by providing loans, but also by drawing on the expertise and experience of its staff. To this end, a Technical Mission to Cyprus is planned shortly, which will have contacts with the relevant government services.
We must once again express our thanks and appreciation to the EIB and to the President personally, for all their support to the Cypriot economy, and for the excellent cooperation between the Bank's services and the Ministry of Finance.
(MB/SX)
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