As the EU bank, the EIB has invested €1.6 billion in North Macedonia in sustainable projects, leading to better water supply and sanitation conditions, modern transport links, stronger businesses, and improved energy security. The new agreement will enable the EIB to strengthen this cooperation, maximising financial and technical support in other key areas, such as healthcare and education.
“This agreement strengthens our partnership and reaffirms our shared goals – supporting North Macedonia’s path towards EU integration, improved regional connectivity and the green transition,” said EIB Vice-President de Groot at the signing ceremony in Skopje. “Sustainable investments are vital for building a resilient, future-ready economy that can compete across the European Union and globally.”
Minister of Foreign Affairs and Foreign Trade Timčo Mucunski said: “As of today, the EIB will be even closer to state institutions, local governments, and Macedonian companies, providing support for the implementation of their development investments and projects. The closer presence of the EIB represents a clear signal that our country is moving toward a modern, European, and competitive economy – open to investment and oriented toward long-term and sustainable growth.”
The European Union is actively supporting North Macedonia across several key areas as part of its broader effort to facilitate the country’s EU integration and sustainable development.
“As the EU’s lending arm, the EIB plays a pivotal role in translating the EU’s commitment to North Macedonia’s EU integration into concrete projects,” said EU Ambassador to North Macedonia Michalis Rokas. “Together, under the Team Europe approach, we are investing in the country’s transformation – supporting sustainable and inclusive growth, modern infrastructure, and better living standards for all,” he underlined.
During his visit to North Macedonia, Vice-President de Groot also met with Minister of Finance Gordana Dimitrieska-Kočoska; Deputy Prime Minister and Minister of Transport Aleksandar Nikoloski; Minister of Energy, Mining and Mineral Resources Sanja Božinovska; and representatives of the Development Bank of North Macedonia to discuss opportunities for scaling up financial and technical support for the country.
In 2025, EIB Global partnered with the Economic Chamber of North Macedonia to launch the online Decarbonisation Guide, and is working with local banks to strengthen climate risk practices. In collaboration with the Development Bank of North Macedonia, €650 million in financing has been provided to 920 companies since 2019, sustaining over 61 000 jobs and creating around 2 000 new ones.
