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FinMin Says GDP Saw A 6% Increase Due To Full Absorption Of Cohesion Funds

FinMin Says GDP Saw A 6% Increase Due To Full Absorption Of Cohesion Funds

Keravnos expressed “hope that the in the new phase that this cohesion policy is going through


Finance Minister Makis Keravnos has said that full absorption of cohesion funds by Cyprus resulted to an increase of its GDP by 6%.

The Minister participated in the General Affairs Council (Cohesion) held on Thursday in Brussels and according to a press release by the Ministry, the EU Ministers discussed the possibility of strengthening the joint management of Cohesion Policy funds.

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