Nicosia, 06/11/2012 (Agence Europe) - The spectre of budget cuts cast its shadow over the debates held by European ministers responsible for regional development who met up in Cyprus for an informal meeting on Tuesday 6 November. Ministers highlighted efficiency and good governance in cohesion policy (see other article). A significant reduction in the cohesion budget appears increasingly inevitable, given that the initial compromise put forward by the Cypriot presidency on the multiannual...