Nicosia: European Commission officials paid Cyprus a visit on the 2nd and 3rd of July in the context of the Annual Performance Review Meeting of the Cohesion Policy Programme "THALIA2021-2027", focusing on the progress of the Programme's implementation and the impact of Cohesion Policy investments in Cyprus.
According to Cyprus News Agency, a press release by the Directorate General Growth of the Ministry of Finance, representatives of the DGs for Regional and Urban Policy (DG REGIO) and Employment, Social Affairs and Inclusion (DG EMPL) of the European Commission participated in the deliberations of the Annual Performance Review Meeting. This meeting was organised by the DG Growth as the Managing Authority of the Programme, with the participation of representatives from competent Ministries and other involved bodies.
During the meeting, the officials were presented with the progress of the implementation of the 'THALIA2021-2027' Programme. They reviewed the progress towards fulfilling the necessary conditions for its implementation and discussed the priorities of its mid-term review.
The representatives of the European Commission also conducted on-site visits to projects co-financed by the 'THALIA2021-2027' Programme. These projects cover areas related to the green transition, research and innovation, environmental protection, sustainable urban development, and social cohesion.
The Cohesion Policy Programme "THALIA2021-2027" is the largest public investment development programme implemented in Cyprus, featuring a total budget of £1.8 billion, of which £969 million comes from the European Union and £842 million from national resources.
The Programme finances investments that promote the green and digital transition, strengthen the competitiveness of the economy, create quality jobs, and improve the quality of life for citizens throughout Cyprus.