Proper use of EU funds crucial to recovery

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Proper use of EU funds crucial to recovery
 © CyprusMail 2020
The government must realise there can be no return to ‘business as usual’

By Les Manison

The impact of COVID-19 and the ongoing scandal on the unsavory implementation of Cyprus Investment Program by certain entities are inflicting considerable damage on the fragile Cyprus economy. The tourist sector has been devastated with foreign tourist arrivals falling by 85% in the first 8 months of 2020, while the reputation of Cyprus as a sound place for foreign investments is being tarnished by the scandal.  These adverse factors in turn are hurting a private sector burdened by very large amounts of...


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Proper use of EU funds crucial to recovery


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