articles | 26 February 2015

Cyprus to receive €163m for promoting employment

More than €163m is foreseen in the Cypriot Operational Programme 'Employment, Human Resources and Social Cohesion', that was approved by the European Commission.

The programme, which aims to to promote employment, skills, social inclusion and the modernisation of the public administration in Cyprus, is financed by the European Social Fund (ESF) for the period 2014-2020.

According to a European Commission announcement, almost €130 million out of the total funding will come from the ESF and another 11.

Source: CNA

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