Cyprus has to get EU resilience plan right

Implementing the EU-backed €1.2 bln Recovery and Resilience plan successfully is important for public finances while boosting the island’s growth prospects, said Finance Minister Constantinos Petrides. Speaking before the House Finance Committee


Recovery plan will add 7% to Cyprus GDP

Cyprus’ recovery and resilience plan to make the economy socially and environmentally sustainable will increase GDP growth by 7% over the five-year implementation, said Finance Ministry official George Pantelis. At the online


Budget defeat setback for COVID recovery plan

Finance Minister Constantinos Petrides on Friday said parliament’s 2021 budget rejection came at the worst possible time, putting the brakes on government fast-tracking economic recovery from COVID-19. Although the government is preparing