According to CYSTAT data released on Friday, total state revenues for 2003 showed an increase of 16.29% to £2,671.6 million compared to £2,299.3 million in 2002. Total expenditure recorded an...
Right-wing party DISY criticized government on Thursday for a lack of coordination in its economic and fiscal policy. Speaking after a Press Conference, DISY MP Maria Kyriakou and Deputy Finance...
20/05/2004
Two eminent economists, members of the Council of Economic Experts recommended on Thursday more drastic measures for the settlement of the “structural problems of the state expenditure”, questioning...
20/05/2004
The new Finance Minister, Makis Keravnos, did not submit the package of supportive measures to the Council of Ministers on Wednesday, however, “the Finance Ministry is reviewing ways to deal with the...
19/05/2004
AKEL MP, Stavros Evagorou revealed to StockWatch on Tuesday that the left wing party AKEL is expected to submit certain proposals on the Cyprus fiscals. The proposals will be announced in a month...
18/05/2004
The criticisms of the European Commission on the Cyprus fiscal deficit were accompanied by a pleasant surprise for Cyprus with positive impacts on the island’s fiscals. Specifically, the Cyprus’...
13/05/2004
The European Commission expressed its doubts on Wednesday with regard to the fulfillment of the latest government’s forecasts on the Cyprus fiscal deficit. According to the European Commission...
12/05/2004
The Central Bank of Cyprus foresaw on Tuesday that under certain conditions the Cyprus economy will show significant improvement in 2004. The growth rate for 2004 is expected to reach 3% and 4%,...
11/05/2004
Two weeks after the Cyprus accession in the EU, the European Commission is reviewing the fiscal deficit of the Republic. It is not expected, however, to take any measures since the accession in the...
11/05/2004
According to Eurostat data released on Tuesday, the Cyprus fiscal deficit for 2003 reached £417 million or 6.3% of the GDP, which is the highest since 1991 and the third highest in EUR 25. Similarly...
17/03/2004