Risks seen from Gesy, public wage bill
DESPITE ITS strong growth, the Cypriot economy still has key vulnerabilities, like the high level of bad debts, which could be compounded by the worsening...
European Commission
EU Commission lists ‘excessive imbalances’ in Cyprus’ economy
Cyprus faces ‘excessive’ budgetary imbalances, the European Commission said on Wednesday in its winter package report approved by the College of Commissioners and presented in...
EC funding coming through for park linking both sides
The go-ahead has been given for the construction of a five-kilometre linear park along the Pedieos River in the north aiming to bring the two...
Estia green light from Brussels, not considered ‘state aid’
The European Commission on Monday approved, under EU state aid rules, Cyprus’ controversial Estia scheme to support private households and small businesses that have...
EU executive rejects Italian 2019 draft budget
The European Commission rejected on Tuesday Italy’s draft 2019 budget because the plan breaks EU rules in an “unprecedented” way and asked Rome to submit...
EU official holds meetings over cybercrime
European Commissioner for the Security Union Julian King is set visit Cyprus on Tuesday and meet with Justice Minister Ionas Nicolaou. The two are set...
European Commission sees rising fiscal risk in Cyprus
Fiscal risks to Cyprus’ outlook have increased considerably due to the uncertainties surrounding the sale of the Cyprus Cooperative Bank and the associated government bond...
EU parliament urges Commission to act against Poland
Five of the main political groups in the European Parliament urged the European Commission on Thursday to open infringement proceedings against Poland and to take it to...
Former English School student back for presentation
EU Back to School is an inter-institutional initiative whereby European Union officials go back to their former secondary school in their hometown, and discuss their work...
EU Commission regrets Afrika violence
The European Commission is aware of the intimidation of Turkish Cypriot newspaper Afrika and regrets the violence of protesters against the newspaper’s offices, EU Commissioner...
