budget Archives - Page 3 of 3

COVID19: State budget designed to overcome economic crisis

Finance Minister Constantinos Petrides said the 2021 state budget will increase by €742 mln, or 10.6%, compared to last year, despite the coronavirus pandemic’s economic squeeze. Addressing the House plenary on Thursday,

11th December 2020

Cyprus/Economy

Budget at risk over corruption

DIKO is the first party to say outright it will reject the 2021 state budget at the parliament’s plenum for final debate and approval on December 17. It may be punishing the

6th December 2020

Cyprus/Editorial

COVID19: Government 2021 budget ‘unaffected’ by second wave

Cyprus’ state budget 2021 is not affected by the recent surge of coronavirus cases which has led to a local lockdown of Limassol and Paphos, triggering more financial support for employees and

24th November 2020

Business

Cyprus COVID budget debate hits passports row

Cyprus’ COVID-affected budget 2021 debate begins on Monday in parliament with some opposition MPs threatening to vote against it after the ‘golden passports’ debacle. Minister of Finance Constantinos Petrides will brief MPs

26th October 2020

Cyprus/Economy

COVID19: Pandemic causes budget deficit until 2023

Cyprus’ Finance Ministry forecasts a budget deficit until 2023, due to crisis support measures and a spike in public debt from borrowing to soften the impact of coronavirus. The cabinet on Wednesday

8th October 2020

Cyprus/Economy

House approves 2020 budget with conditions

Cyprus Finance Minister Constantinos Petrides welcomed parliament passing the €9.4 bln 2020 state budget for the government to continue on the path of economic stability, growth and shielding the economy from external

12th December 2019

Cyprus/Economy

‘No room for complacency, reforms must be pushed through’

New Finance Minister Constantinos Petrides warned against complacency regarding the economy as he reaffirmed the government’s commitment to ensure its justice and local administration reform agenda is implemented. Presenting the 2020 state

6th December 2019

Cyprus/Economy