The systematic efforts
of the President of the Republic for additional financial support from the
European Union have started rendering tangible results.
In the context of the
additional financial support that the Government of Cyprus secured for the
EU Cohesion Policy, at the European Council of June, the allocation of an
allotment in the amount of 100 million euro to Cyprus was approved yesterday.
The amount of 100
million euro is included in the Agreement on the EU Budget for 2014 and it
concerns the first installment of the additional financial support that equals
a total of 200 million euro.
The President of the
Republic has issued instructions to the appropriate Ministries that as soon as
the amount in question is released, it should be allocated immediately for the
purpose of development projects and for addressing unemployment in Cyprus.
-----------------------------
