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Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday. Addressing the virtual 5th International Investors Summit, organised by the Invest Cyprus, Petrides stressed that the government aims to fully utilising the €1 billion fund allocated to Cyrus by the EU Recovery and Resilience Fund to pursue “a new growth model based …
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