Omirou says that the Investment Plan should be balanced between the regions

Omirou says that the Investment Plan should be balanced between the regions

After a long period that had to do with policies about structural reforms and fiscal consolidation, the European Council adopted an investment frame “which can open the way for growth and for the creation of new jobs,”  acting President Yannakis Omirou. said.

In a statement after the conclusion of the European Council, Omirou stressed that Cyprus supported the Investment Plan – but also believes that it should be balanced between the regions, so that economic and social cohesion is secured and the gaps between north and south are bridged.

Referring to the issue of Ukraine, which was also discussed at the European Council, Omirou said that the EU could act as a catalyst in the peaceful process, secure normal, harmonic relations with Ukraine and the Russian Federation, which is a strategic partner of the EU.

CNA/EK/GCH
ENDS, CYPRUS NEWS AGENCY