Minister of Finance Constantinos Petrides said the state budget for 2023 is not deemed as a pre-election one, noting it is a responsible budget.Presenting the budget at the House Finance Committee,...
Capital Intelligence Ratings (CI Ratings or CI) has announced that it has upgraded the Republic of Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR)...
24/10/2022
Through a responsible stance and with a prudent fiscal policy, we hand over to the next government an economy that has the reserves to address the great challenges we are living in, Finance Minister...
24/10/2022
Cyprus absorbed 80% of its European funds in 2021, is a net recipient of €461 mln since accession, Lazarou says.Member of the European Court of Auditors, Lazaros Lazarou said Thursday that Cyprus has...
21/10/2022
The euro area annual inflation rate was 9.9% in September 2022, up from 9.1% in August and up from 3.4% a year earlier, according to figures published by Eurostat, the statistical office of the...
20/10/2022
Cyprus has evolved in the recent years as a technology hub in the region and we have to reconsider infrastructural and other inhibitors so that Cyprus becomes an established technology hub on a lobal...
20/10/2022
Cyprus submitted its draft budgetary plan for 2023 to the European Commission and the European Council featuring an upward revision for economic growth this year, followed by a slower growth in 2023....
19/10/2022
The need for a prudent fiscal stance which would maintain the necessary buffers that would enable government support to the vulnerable amid the current energy crisis, was highlighted during the 18th...
19/10/2022
In 2021 Cyprus was the net recipient of approximately 133 million euro from the EU and is consistent in the implementation of programs with the absorption of European funds, Lazaros Lazarou, Cyprus’...
18/10/2022
President of the Republic Nicos Anastasiades said Tuesday that he has decided and will recommend to the Council of Ministers to proceed with a relevant decision so that from November 1st, any new...
18/10/2022