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Cyprus News Agency: News in English, 16-10-25

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] EP to vote on prolonging top-up in EU funding for projects in Cyprus

    and EU LNG strategy


  • [01] EP to vote on prolonging top-up in EU funding for projects in Cyprus and EU LNG strategy

    CNA - by Athena Arsalidou - strasbourg/France 25/10/2016 07:51

    The members of the European Parliament are expected to vote on Tuesday on a special provision whereby the EU would pay up to 85% of project costs in Cyprus until the closure of the 2014-2020 programmes.

    They will also vote on plans to prolong a 10% increase in the EU contribution towards project costs in Greece until 30 June of the year following the end of its economic adjustment programme.

    It is noted that Article 24 of the Common Provisions Regulation allows the EU Commission to make increased payments under European Structural and Investment Fund (ESFI) programmes- so called "top-ups" - to countries experiencing economic difficulties.

    (CNA)

    *The full text of the news item is available in the paid version of the CNA web service.

    *CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.


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