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Cyprus’ Ministry of Finance welcomes Monday’s decision of the Ecofin Council, which paves the way for the implementation of the Cyprus Recovery and Resilience Plan, totaling € 1.2 billion. According to a press release by the Ministry, Cyprus is expected to receive pre-financing of approximately € 157 million by next September. It is noted that through the implementation of a total of 58 reforms and 75 investments, the Plan will give the necessary impetus to the Cypriot economy to meet the challenges …
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