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Cyprus government plans over 1 billion euros in development projects

On July 23, 2026, the President of Cyprus, Nikos Christodoulides, announced that the government will soon decide on a series of significant national development projects to be included in the upcoming Multiannual Financial Framework (MFF). These infrastructure efforts are expected to exceed a total budget of 1 billion euros.

Speaking at an inauguration ceremony in the village of Omodos, President Christodoulides emphasized that the government aims to collaborate closely with local authorities, municipalities, and regional officials. The primary objective of this strategic planning is to fully leverage European Union funding to modernize public facilities and revitalize rural areas across Cyprus. The entire Cabinet was present at the event to signal the government's commitment to investing in the potential of the island's mountainous and rural regions.

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