‘Cyprus’ economy is doing better than most of EU’ (Update)
By Tom Cleaver
Finance Minister Makis Keravnos said on Friday that Cyprus’ economy is “operating at a better level than ...
There are some government decisions on which it is impossible to put a positive spin and maintain credibility. The Christodoulides government does not appear to have realised this yet, which ...
The government intends to participate in the Great Sea Interconnector project alongside Greece and Israel, provided that the conditions set by the cabinet will be fulfilled, Finance Minister Makis Keravnos ...
Cyprus’ compliance with international sanctions is “very good”, the finance minister said on Monday, adding that by year’s end the two units dealing with sanctions will be consolidated into ...
Finance Minister Makis Keravnos is in Brussels where he will participate on Monday and Tuesday in the meetings of the Eurogroup and the EU council of finance ministers (Ecofin).
At ...
The finance ministry said on Wednesday it will decide within the next two days whether or not to approve the opening of 56 new job positions at the Health Insurers’ Organisation (...
Extensive coverage was given by the media to the news conference given by the Federation of Patients Associations of Cyprus (Osak) on Monday, during which it attacked the government for, ...
Finance Minister Makis Keravnos hinted on Friday he would not be greenlighting the Health Insurance Organisation’s (HIO) request for 50 new job openings, saying the focus should be on improving ...
The government will commission a study on how to streamline the state payroll to reflect international and European standards, Finance Minister Makis Keravnos said on Friday, as he discussed the ...
Talking about the state budget for 2024 at the House finance committee on Monday, Finance Minister Makis Keravnos said he was worried about the increase of the public payroll, which stands ...
Finance Minister Makis Keravnos said the government is “not dogmatic” on Friday after reinstating the electricity subsidy on Thursday.
Speaking to reporters following a meeting with European Court of Auditors ...
Finance Minister Makis Keravnos said on Friday he is “in favour of targeted measures to help mostly vulnerable groups from the wave of rising costs and inflation.”
He made the ...
Finance Minister Makis Keravnos is set to deliver the state budget for 2024 to House President Annita Demetriou at 12.30pm on Wednesday.
The budget, Nikos Christodoulides’ administration’s first one, will ...
Unions and consumer organisations called on the government to set out and implement a policy to fight inflation, proposing both targeted and horizontal measures. This anti-inflation alliance has asked for ...
The government is “constantly taking measures” in the battle against inflation rates, according to Finance Minister Makis Keravnos.
Speaking after a meeting with the Association for the protection of borrowers (...
The head of the Association for the Protection of Bank Borrowers (Syprodat) Costas Melas said on Monday that he requested to meet with finance minister to present him with new ...
Finance minister Makis Keravnos was disparaged and ridiculed for the measures he announced after Wednesday’s council of ministers meeting, one newspaper columnist referring to them as “targeted mockery.” He ...
Finance Minister Makis Keravnos appears to have made it his mission to put Cyprus’ banks under his control, even though he has no such authority. The latest idea he has ...
Finance minister Makis Keravnos said on Thursday evening that Cyprus will help fund the rebuilding of war-torn Ukraine.
He made the comments at a signing ceremony in Brussels where 16 EU ...
Fuel prices have been significantly reduced and the government will review continuing a VAT cut, which expires on June 30, Finance Minister Makis Keravnos said on Friday.
Parties have already filed ...
Cyprus is the leading beneficiary of European Investment Bank (EIB) support per capita with €250 million in funds received during 2022, EIB president Werner Hoyer said during a visit on Friday.
Hoyer ...
Finance Minister Makis Keravnos will travel to Brussels this Sunday to participate in the Eurogroup and Ecofin meetings.
According to a press release issued by the Finance Ministry, Keravnos will ...
Finance Minister Makis Keravnos said on Monday that they are working towards lowering the VAT rate in general in Cyprus, adding that the government would mostly likely also further extend ...