GDP growth slowing, better next year

Projected GDP growth of the Cyprus economy has been revised downward to 2.6% from an initial 2.8%, while next year’s momentum is expected to pick up, said Finance Minister Makis Keravnos. The


Government welcomes passing of biggest budget

The government welcomed parliament approving the 2023 state budget, the last tabled by the 10-year administration of outgoing President Nicos Anastasiades. The President extended his gratitude to most parliamentary parties for voting

2023 state budget debate begins

A three-day session of parliament to discuss the government’s 2023 state budget begins on Tuesday. The budget is the tenth and last under President Nicos Anastasiades’ administration. The budget provides for total

Presidential Elections to cost €7 mln

Higher cost of living and rising inflating will bloat the bill for the Presidential Elections 2023 in February by €2 mln compared to those held in 2018. The budget of the Ministry

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