The Summit of the Finance Ministers of the Commonwealth will take place in Cyprus from September 30 to October 2, 2009. According to an official announcement released today, at the meeting held on...
The Cyprus Chamber of Commerce and Industry (CCCI) expressed its concerns on Friday about the increase in the state’s inelastic expenditure with the introduction of the new job posts in the public...
10/07/2009
One in two euros paid by the Cypriot tax payers to the tax authorities is destined to the salaries and pensions of the public employees. This has resulted from the letters sent by the Finance...
09/07/2009
The government’s social policy seems to be unrealistic, since the revenues on which it is based are non-recurrent. The variability of the public revenues is seen via an economic analysis issued by...
06/07/2009
The main aim of the governmental social policy is to secure the economic viability of the public and private pension plans taking into account the pressures on the public finances and the ageing...
03/07/2009
The average daily expenditure for the airport police that will burden the tax payers and not Hermes reached €10 million. The sum emerged today after the House Finance Committee’s session, which...
02/07/2009
Industrial output in Cyprus in April 2009 recorded the biggest drop in the past few years. According to CYSTAT data released on Tuesday, the Industrial Production Index for April 2009 recorded a...
30/06/2009
Left-wing party, AKEL, disagrees with the IMF forecasts on the growth rate and the fiscal deficit. In his statements to Parliament, AKEL spokesman, Stavros Evagorou, said that their own forecasts...
30/06/2009
Commerce Minister, Antonis Paschalides reiterated on Tuesday that the opening of a casino in Cyprus is not among the government’s priorities. Speaking at Astra Radio in the morning, Mr....
30/06/2009
The government created 1200 job posts in the public sector in a difficult period for the state coffers, asking by the tax payers the sum of €48 million for the coverage of the additional annual...
19/06/2009