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-...
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 ...
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...
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...
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 (...
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...
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...
Cyprus will present high and significant primary and fiscal surplus driving its public debt-to-GDP ratio below the 60% limit of the EU’s Maastricht criteria by 2027, the International Monetary Fund...
The General Government of Cyprus has reported a fiscal surplus of €881.9 million for the year 2023, equivalent to 3.1% of the country's Gross Domestic Product (GDP) for the period from January to...
Cyprus’ state budget for 2024 and the Medium-Term Fiscal Framework 2024-2026 were submitted on Thursday in the Plenary of the House of Representatives, marking the beginning of the proceedings for...