Cyprus News Agency

Trending-news
     CNA   Cyprus President views Berlin meeting as an opportunity, Spokesman says     CNA   Security Council members express full support to UN Secretary-General’s efforts over Cyprus     CNA   Cyprus President reiterates his will and determination for a positive conclusion of Berlin tripartite meeting     CNA   EPP adopts resolution on Cyprus problem and Turkey`s illegal actions in Cyprus EEZ     CNA   Industrial turnover up in August and first eight months of this year     CNA   Cyprus` trade deficit increases in January – August 2019     CNA   

Cyprus tops the list of EU member states concerning absorption of EU Regional Development funds
CNA - CYPRUS/Nicosia 07/11/2019 18:48


Cyprus’ absorption capacity of EU Regional Development exceeded the EU average, Government Spokesman Prodromos Prodromou has said.
 
Prodromou said that Cypriot member of the EU Court of Auditors Lazaros Lazarou presented the court’s annual report, noting that Lazarou said that Cyprus toped the list of with an absorption rate of 50% compared with the EU average of 29%.
 
Therefore, the Spokesman added, it seems that Cyprus will achieve full absorption with the end of the EU multiannual financial framework in 2020.

(CNA)

*The full text of the news item is available in the paid version of the CNA web service. Subscription Form

*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.
   

Closing:19/11/2019
Volume:196.100,59
CSE:66.800  -1.170%
FTSE/CySE:40.140  -1.180%
Nicosia25°C
Larnaca23°C