Cyprus wants to grow investment funds sector to €25 billion
Finance Minister Constantinos Petrides on Thursday evening said that Cyprus should maximise its comparative advantages in order to turn the investment funds sector into a...
Constantinos Petrides
Petrides: The next few years will be difficult
Finance Minister Constantinos Petrides on Monday pledged support for vulnerable groups in the face of growing inflation and rising costs. He conceded that the next...
Petrides: The next generation will have to pay for our mistakes
Finance Minister Constantinos Petrides has pledged to hold fast amid mounting calls for an increase in government handouts, warning that otherwise the public debt may...
Cutting funds puts Gesy viability in danger, says HIO (updated)
By Nick Theodoulou and Gina Agapiou Knives are out in the Gesy row after the finance ministry drew its scalpel and trimmed €150m from the...
Coming tax reform will include carbon and fossil fuel levies, Petrides says (Updated)
The government plans to go ahead with taxation reform after 20 years, including raising the corporation rate and introducing carbon tax and fossil fuels taxes...
Petrides suggests Pasydy using blackmail tactics over civil service reforms
Finance Minister Constantinos Petrides on Sunday launched a scathing attack on public service union Pasydy general-secretary Stratis Mattheou who blamed the government for a delay...
Petrides says current inflation hike seen as transient
Finance Minister Constantinos Petrides voiced concern on Thursday over the risk to the economy from rising prices but said that inflation is currently viewed as...
Next challenge is implementing recovery plan, Petrides says
Finance Minister Constantinos Petrides on Friday expressed satisfaction with the “excellent work” that has been done in relation to the absorption of EU funds, putting...
Coronavirus pandemic not managed to hold back banking sector
Despite the ongoing Covid pandemic, the Cypriot banking sector has achieved remarkable progress and was steadily headed towards viability, Finance Minister Constantinos Petrides said on...
Recovery scheme ‘could add 7 per cent to GDP’, says Petrides
The successful implementation of the €1.3bn Recovery and Resilience Scheme is very important to public finances and the island’s growth prospects, Finance Minister Constantinos Petrides...
