Finance Minister Makis Keravnos had a meeting today, 16 March 2023, at the Ministry of Finance with the Director General of the European Commission's Directorate General for Structural Reforms, Mr Mario Nava.
The main topic of discussion was the implementation of the Technical Assistance Programme provided to the Republic of Cyprus both for the implementation of complex actions and for the acceleration and implementation of reforms for the modernization of key sectors of the economy, thus contributing to the improvement of the standard of living and quality of life of citizens. At the same time, their implementation is expected to make a decisive contribution to the creation of new jobs and the growth of the economy in general.
The Director General of the European Commission's Directorate General for Reforms welcomed Cyprus' use of a significant part of the Technical Assistance Programme for the reforms under the Recovery and Resilience Plan, noting that he expects this technical assistance to continue in the future.
For his part, the Finance Minister thanked the European Commission for its support, underlining the importance the Government attaches to the design and implementation of reforms and other actions important for the economy and citizens.
Finally, the Director General of the European Commission's Directorate General for Structural Reforms and the Minister of Finance exchanged views on actions that could be taken to contribute to confidence building between Greek Cypriots and Turkish Cypriots in the context of the Support Programme for the Turkish Cypriot community, given the de facto constraints that such an effort may have.
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