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07-07-2022 12:22

The President of the Republic received the EU Commissioner for Cohesion and Reforms

The President of the Republic, Mr Nicos Anastasiades, received today, at the Presidential Palace, the EU Commissioner for Cohesion and Reforms, Ms Elisa Ferreira.

After the meeting, Ms Ferreira told reporters, among other things, that with the President she had a very interesting and a very open conversation.

She added that «it is really a pleasure for us to be able to agree with Cyprus on the development agenda and the support from European funds for the whole period of 2021 - 2027. Cyprus has a very good performance in terms of the use of these funds and we think this new period will give again to Cyprus a good stimulus in getting more free from the dependence on fossil fuels, to have development based on the use of all digital and innovation technologies and in fact to make the best use of these funds for the continued, sustainable growth and development of the Republic of Cyprus».

Asked about the absorption of EU funds by the Republic of Cyprus, Ms Ferreira said that Cyprus is one of the most efficient users of these funds, adding that “we are very glad we have opened a new period of support for the sustainable growth of Cyprus».

Asked how much is allocated to Cyprus for the whole programme period, Ms Ferreira said that just from the Cohesion funding and not the Recovery and Resilience Fund, it is about one billion euro allocated to different areas.