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EIB’s Vice President optimistic about the future of Cyprus’ economy

EIB’s Vice President optimistic about the future of Cyprus’ economy

Vice President of the European Investment Bank Jonathan Taylor spoke about the economic recovery of Cyprus in a particularly positive light, and focused on the future prospects of the country as a centre of investment and business.

Speaking from the podium at “The Cyprus Economic and Investment Summit” London, he spoke of Cyprus as a “success story” for countries bouncing back from the economic crisis and navigating the difficult path of the MoU.

Taylor made particular mention of the fact that the Bank’s funding in Cyprus was the largest in relation to GDP.

Speaking to the many foreign investors that attended the event, he repeated that Cyprus is a special model case of economic recovery and revealed his optimism about the future of the local economy and the country’s growth as a whole.

 

Source: In Business

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