EP approves 89 mln euro for Cypriot Structural Funds

The plenary of the European Parliament gave the green light for the mobilisation of the Flexibility Instrument for the financing of the Cypriot Structural Funds programmes for a total amount of EUR 89,33 million.

The MEPs reiterated that the mobilisation of this instrument, highlights, once more, the crucial need for the Union budget to be increasingly flexible.