Economy

Cyprus among 8 member states in line with fiscal recommendations

Cyprus is one of eight eurozone member states that the European Commission has found to be in line with its fiscal recommendations in their...

Finance Minister in Brussels for Cohesion Policy ministerial meeting

The Minister of Finance Makis Keravnos will leave for Brussels on Wednesday 27 November to participate in the General Affairs Council (GAC) Ministerial Meeting...

“Vote of confidence” by Fitch, Moody’s in Cypriot economy

A report by Fitch Ratings, on Monday, which refers to Cyprus, as well as the recent double upgrade of the Cypriot economy by Moody's,...

Cyprus in Fitch’s positive outlook, despite challenges in Europe

Cyprus is included among Fitch’s balance of Positive Outlooks in its latest Non-Rating Action Commentary on Western European sovereigns issued on Monday, 25 November,...

Cyprus receives €115 million under the RRF by Commission

Today's payment of €115 million (net of pre-financing) in grants under the Recovery and Resilience Facility (RRF) was made possible by Cyprus' fulfilment of 37 milestones and...