Cyprus
€54 million for cross border co-operation between Greece and Cyprus
On behalf of Regional Policy Commissioner Corina Crețu and Internal Market, Industry, Entrepreneurship and SMEs Commissioner Elżbieta Bieńkowska, the 2014-2020 cross-border co-operation programme between Greece and Cyprus, worth €54 million, has been adopted, with nearly €46 million coming from the European Regional Development Fund.
The programme will help Greece and Cyprus further develop their local economies with the objectives of creating jobs, improving infrastructures and protecting the environment, by promoting active cooperation in these areas. This programme is part of the Interreg programme framework which has a budget of €10.1 billion for the period 2014-2020, invested in over 100 cooperation programmes between regions. Interreg programmes aim to tackle common challenges identified in the border regions and to exploit their growth potential.
More information on the cross border cooperation programme between Greece and Cyprus is available online. The descriptions of the 2014-2020 Interreg programmes are available Commissioner Crețu's webpage and on the Inforegio website.
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