Unlike other countries where reference is made to their Country Specific Recommendations in the European Semester, in the case of Cyprus there is no reference to the issue of social housing/affordable housing and, as a result, social housing is not reflected as an investment pillar in the National Recovery and Resilience Plan (NRP), the Ministry of Finance said in a statement in relation to statements on the issue by DIKO (S&D) MEP Costas Mavridis.
It also notes in relation to the reduced VAT rate of 5% on the delivery or construction of housing, the issue arose after a complaint by MEP Costas Mavridis himself "for purely petty political purposes, putting the state in an embarrassing position, leading us to amend the framework by making it stricter".
Specifically in its statement on the statements of Mr.
(CNA)
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