Business · Cyprus

Parliament approves Cyprus Business Development Organisation with EU funding of 60 million euros

7 sourcesFirst reported 7 days agoUpdated 2 days ago

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What all sources covered

The Cypriot Parliament unanimously approved the establishment of the Cyprus Business Development Organisation to support small and medium-sized enterprises.
The new organization is intended to facilitate access to financing for businesses, addressing a significant gap in the market.
The European Union will contribute €60 million to the fund associated with the organization.
The decision was made during an extraordinary session of the Parliament on July 14, 2026.
An amendment proposed by opposition parties regarding funding for medium-sized businesses was rejected.

7 sources

Who reported first

PhilenewsFirst

Politis+1h

Omega TV (Omegalive)+1h

Sigmalive+2h

Omega TV (Omegalive)+17h

Cyprus Mail+2d

Philenews+5d

All coverage