Cyprus public finances improve in Jan – Feb

A budget surplus of €84,3 millions which equals to a GDP of 0.53 %, the consolidated accounts of the Central Government have shown for the first two months of 2014, an improvement which is mainly due to a significant reduction in public spending.

According to the figures released today by the Ministry of Finance, the budget surplus for January – February 2014 period reached €84,29 million or 0.