Eleventh annual report 2016 on the implementation of Community assistance under Council Regulation (EC) No 389/2006 establishing an instrument of financial support for encouraging the economic development of the Turkish Cypriot community

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Series Details (2017) 372 final (7.7.17)
Publication Date 07/07/2017
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Council Regulation (EC) No 389/2006 (the "Aid Regulation") is the basis for the provision of assistance to the Turkish Cypriot community and requires annual reporting to the Council and the European Parliament. This report covers the year 2016.

The programme is implemented in the areas of the Republic of Cyprus in which the Government of the Republic of Cyprus does not exercise effective control and where the application of the acquis is temporarily suspended pursuant to Protocol 10 of the Treaty of Accession. Assistance is implemented primarily through direct management by the European Commission, but some projects are indirectly managed by the United Nations Development Programme (UNDP), the European Bank for Reconstruction and Development (EBRD) or the British Council.

Between 2006 and the end of 2016, €450.2 million was programmed for operations under the Aid Regulation. The amount committed in December 2016 for the 2016 annual programme was €33,408,392.

Source Link http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2017:372:FIN
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