#Constantinos Petrides

Police are investigating the slashing of the four tyres of the state BMW, used by finance minister Constantinos Petrides. The car was parked in a private area in old Nicosia, ...

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 means of attracting investments from ...

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 few years would be difficult, ...

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 spiral out of control. Appearing ...

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 Health Insurance Organisation’s (HIO) ...

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 to achieve the country’s environmental ...

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 to the ongoing reforms process. ...

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 transient. Speaking to reporters on ...

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 Cyprus in the first places ...

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 Wednesday addressing the bank association ...

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 said on Monday, as ...

As the economy recovers, the government aims at keeping unemployment levels low to safeguard people’s revenues and roll out targeted policies including the introduction of a national minimum salary, ...

The coming months, and 2022 will be crucial for ensuring the sustainability of public finances, Finance Minister Constantinos Petrides has said. His ministry is currently working on the state budget but ...

The economy is expected to grow by more than 5.5 per cent in 2021, Finance Minister Constantinos Petrides said on Tuesday, as preliminary estimates showed a 12.9 per cent year-on-year growth in the ...

Cyprus must gradually return to prudent fiscal and macroeconomic policies to bolster its economic standing, Finance Minister Constantinos Petrides said on Thursday, warning that a reversal of reforms would harm ...

Cyprus’ path to recovery “must and will” be aligned to sustainable development goals` Finance Minister Constantinos Petrides has said. Speaking at the virtual UN High-Level Political Forum to present Cyprus’ ...

Despite the crisis caused by the pandemic the government has increased development spending to boost the recovery, Finance Minister Constantinos Petrides has said. Speaking on Saturday evening during the inauguration ...

Finance Minister Constantinos Petrides called on parties on Tuesday to leave the elections behind and concentrate on pushing through reforms needed by the country. Petrides said what the government sought, ...

Cyprus’ real GDP declined by an annual 1.6 per cent in the first quarter of 2021 but maintained momentum compared with the fourth quarter of 2020, CyStat said on Tuesday. Finance Minister Constantinos ...

Cyprus’ public debt reached €26 billion, or 124 per cent of GDP at the end of February, pushed by increased government borrowing to support the economy amid the crisis caused by the ...

The government’s plan for revitalising old Nicosia – an endeavour with an approximately three-year timeframe – was presented to stakeholders on Tuesday by Finance Minister Constantinos Petrides. Petrides and Nicosia mayor ...

Cypriots need to be in one accord and make the structural reforms needed by the country to set robust foundations for the future, Finance Minister Constantinos Petrides said on Wednesday. “...

The government announced Friday it was extending the ceiling for housing and business loans included in its interest rate subsidy scheme, as well as its duration until the end of ...

The government’s cash reserves amounted to €3.84 billion at the end-2020, approximately 20 per cent of the island’s GDP, despite pressure on both public finances and the economy due to ...