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[PIO] Address by the President of the Republic Mr. Nicos Anastasiades at the inauguration ceremony of the redevelopment of the centre of Ayia Napa, ph

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The works speak for themselves. Therefore, words are superfluous.

What I want to say is that co-financing, which is often referred to as co-financing from EU funds, I want to point out that it is nothing but Cyprus' money which is given and if the country has the capacity, it is absorbed.

But for it to be absorbed, the projects have to mature and for them to mature, the local authorities, the Mayor, the Municipal Councils have a major role to play.

For this and if there is one thing I want to congratulate the Mayor and the members of the Ayia Napa City Council for is the fact that any funding from funds was done because they had the vision that matured the projects and justified the government to justify why they should be adopted and funded so that we have the wealth of projects not only in Ayia Napa but in every town and community that have been realized.

This decade has been a decade of regeneration, in general, and of municipalities and communities.

I feel particularly satisfied because with my tour around Cyprus as a farewell at the end of my term of office, I am able to inaugurate projects, to take stock of the projects that have been carried out especially considering the difficulties during the assumption of power and that through prudent, economic policies we have been able to announce, implement and carry out projects from 2015 onwards.

Projects that have reached five billion. The projects have reached five million euros and involve major infrastructure projects throughout the country, whether they are major roads that for decades have remained the request of communities, mayors, municipal councils or infrastructure development projects that have transformed, reshaped and modernized our cities, municipalities and communities.

I wish all the best for the Municipality of Ayia Napa and I will be following you as a private citizen after March 1, so that I can spend more time with you in this beautiful environment we have created.

(PM/MX/SX)



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