The European Commission on Wednesday disbursed €76.9 million to Cyprus as its third tranche under its Recovery and Resilience facility.
The disbursement of the funds comes after the commission had last month issued a positive preliminary assessment of the Cypriot government’s request for the funds, with the total value of the funds Cyprus is set to receive to reach over €1.2 billion.
Of that €1.2bn, just over €1bn will be
