Progress of the Recovery and Resilience Plan in Cyprus
October 20, 2024
The Recovery and Resilience Plan is positively impacting the Cypriot economy and businesses. Director Anthoula Savvidi mentioned that 60% of the necessary legislation has been voted on and 90% of the budget has been activated. Additionally, 55% of the funds have been committed for contracts. However, there is still room for better resource utilization.