[PIO] The President of the Republic received the Member of the European Court of Auditors Mr. Lefteris Christoforou

The President of the Republic Mr.Nikos Christodoulides received today, at the Presidential Palace, the Member of the European Court of Auditors Mr.Lefteris Christoforou.

After the meeting, Mr. Christoforou told reporters that the discussion with the President was "important, constructive, beneficial and productive for European issues."

He added that "we focused on issues related to EU funding. We have seen the will and determination of the President of the Republic of Cyprus to claim and absorb the funds that will be made available to us through the Recovery and Resilience Plan. EUR 960 million in grants as a net donation that came from the EU through the Recovery Mechanism, together with EUR 260 million in loans that can benefit the Cypriot society and economy.

We have discussed in depth so that the Republic of Cyprus can again succeed in absorbing all the funds. It is important that Cyprus is among the first four EU countries that managed to have the highest level of absorption for the previous EU financial framework and we hope that in the new financial framework Cyprus will again play a leading role.