Cyprus and EIB to Sign Loan Agreements Amounting to €55 Million

Cyprus and the European Investment Bank (EIB) will sign to agreements for financing infrastructure projects amounting to €55 million, Cyprus News Agency reports.
The two agreements concerning the financing of the construction of a water pipeline from the Vasilikos Desalination Unit to Nicosia (€40 mln) and of anti-flood projects in the framework of the Larnaca sewage system will be signed by Finance Minister Harris Georgiades the EIB Vice President Jonathan Talyor who will visit Cyprus on October 18, a press release issued today by the Finance Ministry writes.