Implementing the EU-backed €1.2 bln Recovery and Resilience plan successfully is important for public finances while boosting the island’s growth prospects, said Finance Minister Constantinos Petrides. Speaking before the House Finance Committee
EU Finance Ministers have approved Cyprus’ €1.2 bln Recovery and Resilience Plan to exit the pandemic during a scheduled videoconference on Monday. The government’s proposal is included in the second batch of
Cyprus securing approval of €1.2 bln in European Union funding to restart its covid-stricken economy was hailed as a ‘milestone’ by visiting EU Commission President, Ursula von der Leyen Thursday. She is
Cyprus’ recovery and resilience plan to make the economy socially and environmentally sustainable will increase GDP growth by 7% over the five-year implementation, said Finance Ministry official George Pantelis. At the online
President Nicos Anastasiades on Monday unveiled the government’s €4.4 bln roadmap to economic recovery in the post-coronavirus era. At the Presidential Palace, President Anastasiades presented a vision of Cyprus the day after
Cyprus’ National Recovery and Resilience Plan, the blueprint to absorb over €1 bln from the EU’s Next Generation fund, will be submitted to the Cabinet next week for approval. Finance Minister Constantinos
AstraZeneca conceding it will not be able to meet its Q1 delivery commitments to the European Union is set to endanger the bloc’s strategy to get the virus in check by summer.
Finance Minister Constantinos Petrides on Friday said parliament’s 2021 budget rejection came at the worst possible time, putting the brakes on government fast-tracking economic recovery from COVID-19. Although the government is preparing