Cyprus Business Now: ESG, Paphos Tourism, BoC Shares, EU Funds, MoU Signing

Cyprus Business Now: ESG, Paphos tourism, BoC shares, EU funds, MoU signing

The European Commission has disbursed nearly €76 million to Cyprus, representing the fourth payment under the Recovery and Resilience Facility (RRF), a key part of NextGenerationEU. In total, the commission has allocated €42.8 billion to five member states (Cyprus, Italy, Portugal, Malta, and Spain) under the RRF. This latest payment…

Cyprus Secures €76 Million Boost from EU Recovery Fund – EUROP INFO

Cyprus has secured €76 million from the European Union’s Recovery and Resilience Facility, marking a significant milestone in the island’s post-pandemic economic revival. The funding, aimed at supporting economic recovery and promoting sustainable growth, forms part of the EU’s broader effort to help member states rebound from the impacts of the COVID-19 crisis. This injection of capital is expected to bolster key sectors across Cyprus, driving …