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The Council of Ministers will approve on Friday Cyprus’ National Recovery and Resilience Plan, the blueprint containing projects and reforms with a view to absorb almost €1 billion from the EU’s Recovery and Resilience Fund (Next Generation EU). According to sources, the proposals which will be submitted by the Finance Minister Constantinos Petrides, have been finalised following discussions with European Commission technocrats which began last January over Cyprus’ draft proposals. Following the Cabinet approval, Cyprus proposals will be formally submitted to the …
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