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
The new government has presented its first official medium-term budgetary targets since taking office on February 28, with rating agency DBRS Morningstar saying it signals fiscal policy continuity. While the election of
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
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
Finance Minister Constantinos Petrides said the 2023 state budget is not a pre-election ploy but a responsible one to navigate the country through turbulent times. Presenting the budget at the House Finance
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
The Cabinet approved the 2023 state budget on Friday, with Finance Minister Constantinos Petrides heralding it “the greenest, with the most social benefits” ever submitted by a government. The budget approved by
The cost of government intervention to deal with the energy crisis rises daily as gas and electricity prices across Europe lose touch with reality and move into unchartered waters, a senior finance
The Automobile Association branded the Finance Ministry’s refusal to underwrite holding the Cyprus Rally over the next four years at WRC/ERC level as “irrational and criminal”, costing €120 mln in lost revenues
By Hussein Sayed, Chief Market Strategist at Exinity Nothing appears to stop the bullish run in equity markets that took the major US indices to new record highs last week. The S&P
