In 2021, general government total expenditure in the EU amounted to 51.5% of gross domestic product (GDP) and was still influenced by the COVID-19 pandemic and government measures to mitigate its...
General Government preliminary fiscal results published by the Statistical Service of Cyprus on Tuesday, indicate a surplus of €609.5 mn, equal to 2.3% of GDP, for the period of January-December 2022...
A fiscal surplus of €448.4 mn was recorded for the period January - November 2022, which corresponds to 1.7% of GDP, as compared to a deficit of €302.3 mn (1.3% of GDP) that was recorded during the...
Cyprus general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to...
The government submits a balanced budget, adapted to an era of geopolitical instability, said the Minister of Finance, Constantinos Petrides, presenting in the Parliament, the main pillars of...
The Cyprus Fiscal Council (CFC) expects increased pressures on the macro economy for 2023, with forecasts slightly more unfavorable than those of the Ministry of Finance, in its Report for 2022,...
The European Commission called for a continuation of coordinated fiscal policies to reduce inflation to 2%, a high level of public investment, temporary and targeted support to vulnerable households...
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn...
The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €587,0 mn (2,2% of GDP) for the period of January-September...
Fiscal deficit reached €408 mln in 2021 and the fiscal debt corresponded to 101% of GDP, the Statistical Service announced on Friday.Announcing the fiscal results for 2021, audited and verified...