DISY Vice President, Averof Neophytou stated on Wednesday that the amounts announced so far as investments in US companies that collapsed don’t seem to be a problem. Mr. Neophytou expressed his...
In 2007, the performance of the sector showed marks of recovery after the deceleration that was observed in 2006. The real rate of growth, (as measured in terms of the value added at constant market...
“The General Health Plan is not a slogan but a substantial reform”, Health Minister, Christos Patsalides stated on Thursday. “The expansion of the Larnaca General Hospital and the inauguration of...
Finance Minister, Charilaos Stavrakis insists that Cyprus’s economy will not be affected by the credit crunch and will continue to growth. If he wins the bet, the government will manage to adopt a...
The state budget for 2009 is higher by 9.5%. The Ministries will receive €714.5 million more than this year, with their total expenditure reaching €8254.7 million. The Agriculture and Interior...
The Council of Ministers approved on Wednesday the state budget for 2009. After the end of the meeting, Finance Minister, Charilaos Stavrakis stated that the budget is based on two keynotes: the...
“The Council of Ministers decided on Wednesday to address to the European Union for the €67.5 million, which will be granted to the farmers and the cattle breeders”, Government Spokesman, Stephanos...
DISY Vice President, Averof Neophytou stated on Tuesday that 2009 will be a difficult year for economy and urged the government to take the proper measures. Commenting on the negative developments...
Entrepreneurs are pessimistic for the course of economy in the second half of 2008. According to an OEB specialized survey carried out by a research company to 1146 businesses, the Cypriot...
The Finance Ministry expects a strong surplus in 2009, despite the upcoming slowdown of the economy. The budget that will be presented before the Council of Ministers by Finance Minister, Charilaos...