Keravnos to submit amendments to tax reform bills on Tuesday
Finance Minister Makis Keravnos on Monday said he will submit amendments to the government’s tax reform bills to parliament on Tuesday as he appeared in front of the House ...
Tax reform will see families benefit by €150 million a year
Middle-class families will benefit from tax exemptions of up to €150 million a year under the overhauled tax system, the finance minister said on Monday.
News outlet Stockwatch published a written ...
Planned tax reform ‘on schedule’ says minister
Both Finance Minister Makis Keravnos and the organisation representing employers and industrialists expressed confidence on Tuesday that the roadmap for the planned tax reform is on schedule.
The planned tax ...
‘No one knows how much GSI will cost’
Finance Minister Makis Keravnos on Monday seemed to throw another spanner in the works, saying that “no one knows” just how much the Great Sea Interconnector (GSI) project will ultimately ...
‘60 per cent of people will not pay tax’
A total of 60 per cent of people will not pay tax according to the tax reform put forward by the government, Finance Minister Makis Keravnos said on Sunday.
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External and internal risks ‘put strain on economy’
Significant external and internal risks to the economy were highlighted by Finance Minister Makis Keravnos on Monday during the presentation of the 2025 state budget at the House finance committee.
Despite ...
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Keravnos hails Cyprus’ latest credit rating upgrade
Finance Minister Makis Keravnos on Saturday hailed rating agency Morningstar DBRS’ decision to give Cyprus a credit rating of BBB (high) and upgrade the island’s outlook from “stable” to “...
Football clubs’ tax debt repayment plan ‘last chance’
There will be “no other” tax debt repayment plans offered to Cyprus football clubs if they do not repay their debt through the current plan, Finance Minister Makis Keravnos said ...
Government hits back at oversight criticism
The government on Wednesday hit back at criticism from the bar association and accountant’s association over the creation of a unified oversight authority, saying their outcry does not send ...
Programme to boost film industry to continue
The Olivewood programme to encourage the film and audiovisual industry on the island was on Wednesday extended for an additional three years.
At the same time, the reimbursement level has ...
Minister urges banks to absorb interest rate hikes
Pledging to support vulnerable groups where needed while maintaining an ardent fiscal policy, Finance Minister Makis Keravnos on Tuesday said he expected more action from banks to absorb increasing interest ...
American University of Beirut to welcome first students in September
The American University of Beirut (AUB) will admit its first students in September with the opening of a campus in Paphos, the finance ministry announced on Tuesday.
In a series ...