Cyprus retains its capacity to service its debts and its fiscal position remains strong, although challenges remain regarding the management of non-performing loans (NPLs) and the implementation of a...
The issue of financial illiteracy is a problem that we have to face as a society, President of the Cyprus Republic, Nikos Christodoulides, said on Thursday, noting that in 2024 a series of activities...
21/12/2023
A delegation of the European Investment Bank, headed by its Vice-President Kyriacos Kakouris, will pay an official visit to Cyprus on Friday, for the signing of four loan agreements.Among the...
21/12/2023
The President of the Republic, Nikos Christodoulides, has expressed his satisfaction over the approval on Wednesday by the House of Representatives plenary of the budget for 2024."The approval of the...
21/12/2023
The plenary session of the House of Representatives approved on Wednesday the state budget for 2024 and the Medium-Term Fiscal Framework for the years 2024-2026, with 37 members of the parliament...
21/12/2023
The three-day debate in the House of Representatives, which began last Monday, will conclude this afternoon with the adoption of the 2024 state budget and the Medium-Term Financial Framework 2024-...
20/12/2023
The European Commission announced that it has received Cyprus's second payment request under the Recovery and Resilience Facility. The second payment is worth 152 million euro in grants (net of pre-...
19/12/2023
Cyprus sent to the European Commission two payment requests on Friday from the Recovery and Resilience Mechanism, totaling €152.3 million, after the completion of the 38 milestones and targets for...
18/12/2023
The House of Representatives plenary begins on Monday a three-day debate for the state budget and the Medium-Term Fiscal Framework 2024-2026.The first day of Monday's debate will start with a brief...
18/12/2023
Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said.PDMO has...
15/12/2023