#finance ministry

Finance Minister Makis Keravnos has called for greater flexibility in EU spending rules to allow Cyprus and other member states to support households and businesses while investing in energy security, ...

Finance Minister Makis Keravnos on Friday called for greater flexibility in EU fiscal rules to allow member states to increase spending and support households and businesses struggling with inflation and ...

The deadline for applications for state student support for the 2025-2026 academic year has been extended to October 20 at 2pm, the grants and subsidies service of the finance ministry said ...

The Fiscal Council has warned that Cyprus’s public wage bill remains one of the clearest strains on the state budget, even as it described the economy as broadly resilient. ...

Finance Minister Makis Keravnos on Thursday said that the state will operate with a budget surplus “for the third consecutive year” next year, as he presented next year’s state ...

Finance Minister Makis Keravnos presented the 2027 state budget to the council of ministers on Wednesday. Considering this is the state budget with which President Nikos Christodoulides will seek re-election, it ...

The finance ministry is “monitoring the situation” with the cost of fuel continuing to increase in recent weeks amid developments in the conflict in the Middle East, its spokesman Michalis ...

The reduction in fuel consumption tax will be extended for another one or two months, Finance Minister Makis Keravnos said on Tuesday, as the government moves to maintain relief at ...

The Cyprus State Scholarships Foundation (IKYK) was slammed by the Audit Office on Wednesday for approving scholarships without first securing the necessary funding. The office said the decision created financial ...

There was broad support among EU ministers for ensuring that every European citizen has the right to live, work and build a future in their home region if they choose ...

Cyprus “worked tirelessly” to ensure the release of €90 billion worth of European Union loans to Ukraine, Finance Minister Makis Keravnos said on Thursday after the Council of the EU approved ...

The finance ministry has urged consumers to make full use of the e-kalathi price comparison platform when buying food for the Christmas festive season. In a statement, the consumer protection ...

Finance Minister Makis Keravnos on Thursday called on MPs to pass the 2026 state budget, describing it as “an investment in the future of our country”. In a speech at the ...

A series of finance ministry discrepancies were highlighted on Tuesday by the Audit Office, including the delayed return of close to €9 million by the Cyprus Investment Promotion Agency and the ...

The finance ministry has “absolutely refused” to pay any money to Greece’s independent transmission system operator (Admie) for the Great Sea Interconnector project, on account of the fact that ...

The government and the Cyprus Football Association (CFA) clashed on Monday over who is to blame after the CFA had informed European football governing body Uefa that all of Cyprus’ ...

The finance ministry has approved new campus facilities for Tepak worth about €27 million. The new facilities include buildings for the multimedia and graphic arts department and the school of geotechnical ...

The cabinet on Thursday greenlit an additional €109 million in spending for the finance ministry for fiscal year 2024, with Finance Minister Makis Keravnos saying the overall budget would remain balanced despite ...

A business association urged parliament on Monday to quickly pass an EU regulation that has to do with the screening of direct foreign investment in Cyprus, noting that the island ...

The finance ministry bid farewell to its permanent secretary George Panteli on Thursday, who is being transferred to the same post at the education ministry. Panteli is being moved in ...

The finance ministry on Tuesday sent a letter to football clubs participating in the debt repayment scheme, urging them to settle their debts to the state, totalling €35.6 million, which were ...

Footballers’ association Pasp chairman Spyros Neofitides on Friday demanded that his association be given a cut of the income generated by taxes levied on takings by betting shops. He said ...

The finance ministry reiterated on Thursday it’s not in a position to evaluate the mooted Cyprus-Greece electricity interconnector project as several parameters remain unknown, while the cost-benefit analysis provided ...

There are ‘weaknesses and mistakes’ in the finance ministry over the way it handles payments and grants, the audit office said in a report on Tuesday. According to the findings ...