Cyprus has largest tax-to-GDP rise

Cyprus had the largest rise in the EU in its tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross domestic product, according to Eurostat data.

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EU must create raw material stockpile

The EU must strengthen its raw material security quickly by creating a strategic stockpile system to protect the continent from the risk of blackmail by strategic suppliers, according to officials and mining

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Cyprus can help solve EU energy crunch

Budapest believes Cyprus’ yet untapped natural gas finds can help resolve Europe’s energy crisis instead of price caps and sanctions on Russian energy, said Hungary foreign minister Péter Szijjártó Monday. Cyprus’ gas

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Fewer Cypriots at risk of poverty

Cypriots are at a lower risk of falling into poverty or social exclusion than their fellow Europeans, with the rate dropping to 17.3% in 2021, compared to the EU’s average of 21.7%.

Cyprus to focus on asylum abusers

Cyprus believes there is an abuse of the EU asylum system and that some applicants falsely claim they are at risk from countries such as Syria, said Interior Minister Nicos Nouris. In

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