Cyprus Economy

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Cyprus Economy

A cruise ship moored behind an EU flag blowing in the wind on a pier in the Mediterranean port of Limassol. Cyprus, Thursday, May 27, 2021. The European Commission has transferred 124 million euros to the Republic of Cyprus. This is the seventh tranche under the SURE program, which was developed by the European Union during the coronavirus pandemic. The funds received by Cyprus from the EU are used to pay part of the salaries of employees of those companies that were closed during the lockdown. (Photo by Danil Shamkin/NurPhoto)


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