Ministerial: Approved the Rent Against Installment

Final ratification by the EU authorities is awaited

The Council of Ministers met under the President of the Republic Mr. Nikos Anastasiadis.

The following decisions were taken:

The Council of Ministers has approved the proposal of the Ministry of Finance for therent-for-installment plan. The proposal follows the consultations with the competent European authorities. Now the proposal is referred to the competent authority which is the state aid registrar as provided for in the relevant procedures for receiving the final ratification from the competent EU authorities.
The Council of Ministers approved the donation of the Republic of Cyprus to the Hellenic Military Aviation in the amount of 2.5 million euros in memory of the two pilots who crashed with the Phantom in Andravida. The donation was announced by President Anastasiades during his recent visit to Athens.
The Grant Scheme for “Digital Upgrading of Businesses” was also approved, which is included in the Recovery and Resilience Plan (RESP) of Cyprus for the period 2021 – 2026 and will be financed by the Recovery and Resilience Mechanism (RESM) of the European Union (EU). The total amount that will be allocated for the financing of the Plan, during its implementation period, amounts to €10 million, with the possibility of submitting proposals for €14 million so that, if savings occur during the evaluation of the proposals, they have the opportunity for runner-up businesses to join the Plan. The potential beneficiaries of the Plan are existing small and medium-sized enterprises that will implement expenses in the category of digital upgrading (including e-commerce), as well as new small- and medium-sized enterprises whose investment proposal necessarily includes e-commerce and/or the application of advanced digital technologies. The Project is also included in the THALEIA Program 2021-2027 and is co-financed by the European Regional Development Fund (ERDF) of the EU. and the Republic of Cyprus, in the framework of Political Cohesion in Cyprus.
During the session of the Council of Ministers, the approval of the strategic plan of the Common Agricultural Policy 2023-2027 was ratified. In the context of the Strategic Plan of the Common Agricultural Policy 2023-2027 , it is expected that €454,855,295 million will be allocated as public expenditure. The Draft Regulations will be submitted to the Parliament for approval.
The Draft Regulations entitled “The Waste (Management of Waste from Filtered Tobacco Products and Filters Marketed for Use in Combination with Tobacco Products) Regulations 2023” were approved. The purpose of the Regulations is to harmonize and comply with an article of the Waste Laws of 2011 to 2022, regarding the establishment of measures for the management of waste filter tobacco products and filters marketed for use in combination with tobacco products, through the adoption of the principle of the extended responsibility of the producer.
The Council of Ministers approved the extension of the full financing of the operation of the Women's House (StG), through state support of the Association for the Prevention and Treatment of Violence in the Family (SPAVO ), within the framework of the State Support Plan for Social Welfare Services of the Deputy Ministry of Social Welfare, for an additional year, with the possibility of renewal for another year. The budget of the Women's House for 2023 amounts to €17,757,500.

source: Brief

Source: 24h.com.cy

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