Cyprus focuses on structural reforms through the Resilience and Recovery Mechanism in order to increase the country’s potential economic performance, Finance Minister Constantinos Petrides said during Monday’s Eurogroup meeting in Brussels, according to a press release.
Petrides was speaking during the discussion following a presentation by the European Commission and the European Central Bank (ECB) on the main findings of the post-programme surveillance reports on Cyprus, Portugal, Ireland and Spain.
Referring in particular to the findings of the 11th Post-Programme Surveillance Report for Cyprus, Petrides said that the reflect the progress that has been achieved as well as prospects and challenges for the Cypriot economy.
Source: Cyprus News Agency