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The European Commission gave the green light to Cyprus’ €1.2 billion National Recovery and Resilience Plan, the disbursement of which will begin this year and will complete in 2026. Speaking during a joint press conference in the iconic library of the University of Cyprus, both European Commission President Ursula von der Leyen as well as Cyprus President said the plan is ambitious and has a balanced mix of reforms and investments. She said that 41% of the Plan’s fund are allocated to …
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