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The European Finance Ministers will approve Cyprus €1.2 billion Recovery and Resilience Plan in a scheduled videoconference to be held on Monday. The Cypriot plan is included in the second batch of national recovery and resilience plans approved by the European Commission and are scheduled to be approved by ECOFIN. The Cypriot plan provides for €1 billion in grants and €0.2 billion in loans provided the EU under the Next Generation EU package launched by the EU in a bid to boost …
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