CYPRUS/EAST MEDITERRANEAN 

Cyprus Electricity Authority Signs Loan Deal With EIB For Power Station Reconstruction

The Electricity Authority of Cyprus (EAC) on 8 March signed a €130mn loan agreement with the European Investment Bank (EIB) that will go towards repairing the damage caused to the Vasilikos power station in July last year as the result of a munitions explosion at the nearby Mari naval base (MEES, 1 August 2011). A statement released by the bank said the money would be...