The Cabinet took on Wednesday a number of decisions, concerning - among other things - the creation of the National Cancer Institute, according to a written statement by Government Spokesperson,...
Minister of Finance Makis Keravnos said on Thursday that any decisions on issues related to the Cost of Living Allowance (CoLA) and the revision of the national minimum salary should be taken within...
23/11/2023
Cyprus’ debt-to -GDP ratio is estimated to register a reduction of almost 30% by the end of 2024 compared with the end-2021, the European Commission has said.In the context of the European Semester...
23/11/2023
General Government recorded a surplus of 931.6 million euros (3.1% of GDP) for the period January-September 2023 compared to a surplus of 727.1 million euros (2.6% of GDP) for the period January-...
01/11/2023
According to the latest data within the Excessive Deficit Procedure framework of the European Commission, Cyprus reported a fiscal surplus of €676.3 million in 2022. According to the Statistical ...
25/10/2023
The Statistical Service of Cyprus (CYSTAT) has released preliminary General Government fiscal results for the period of April-June 2023, showing a reduced deficit of €218.4 million, an improvement...
24/10/2023
The 2024 state budget main aim is to safeguard fiscal stability, while promoting the green transition and digital transformation ushering in a new era of more modern economy, Minister of Finance...
24/10/2023
The general government gross debt to GDP ratio in Cyprus increased by 2.2 percentage points (pp) to 85.3% at the end of the second quarter of 2023 (Q2 2023), compared with the first quarter of 2023 (...
24/10/2023
The main drive for the state budget for 2024 is to ensure fiscal stability, while the main objectives are to promote the green transition and digital transformation in order to enter a new era, a...
23/10/2023
Finance Minister Makis Keravnos has told his EU counterparts that the new economic governance framework should ensure the sustainability of public debt and promote sustainable development across all...
18/10/2023