€7.9m was released for rural development in Cyprus

The European Commission is set to release €7.9 million for Cyprus` rural development programme.

The amount was initially withheld pending intermediate targets that needed to be met, an announcement said.

From the beginning of the programming period over €105 million has been disbursed and payments are expected to intensify in the coming months, given that important investments are implemented this period on the part of beneficiaries.

A number of measures have been announced and tenders are ongoing such as forestry measures, cooperation...