Finance Minister presents National Recovery and Resilience Plan for Cyprus' post-pandemic future

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Finance Minister Constantinos Petrides presented on Wednesday in detail the National Recovery and Resilience Plan, which is the blueprint containing projects and reforms with a view to absorb 1.2 bln euro from the EU’s Recovery and Resilience Fund (Next Generation EU).The Cyprus Plan provides for a total of 1.2 billion euro, of which 1 billion in contribution and 0.23 billion in loans. Petrides said that these public investments will mobilise an additional 1.4 billion in private capital. The Minister added that …

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