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Payments of € 4,465,000 to the beneficiaries of the National Wine Support Program …

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Payments of € 4,465,000 to the beneficiaries of the National Wine Support Program ...

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The payments to the beneficiaries of the National Support Program of the Wine Sector have been completed, for the financial year 2021, totaling € 4,465,000, the Cyprus Agricultural Payments Organization (KOAP) announced today.

In a statement, KOAP states that the National Support Program includes restructuring and conversion of vineyards, green vintage and investments in the wine sector.

According to KOAP, with the payment of the amount of € 4,465,000 to the beneficiaries, 100% of the fund, which had been approved by the EU for Cyprus, was disbursed.

It is noted that the funding comes entirely from European Union funds.

Source: www.philenews.com

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