Minister outlines how €968m in EU funds will be spent

14 January 2021

Minister outlines how €968m in EU funds will be spent

  • 14 January 2021

Finance Minister Constantinos Petrides on Wednesday unveiled the government’s plans to absorb €968 million in EU structural funds in the period of 2021-2027 with emphasis on the green economy, tackling social disparities and job creation.

This is 30 per cent up on the previous seven-year period and, together with co-financing from national funds, means projects totaling €1.8 billion.
 
Petrides said that having managed to absorb all 100 per cent of EU funds available to it the previous period, Cyprus aimed to do so again in 2021-2027.
 
 
 
Continue reading at source: Cyprus Mail

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