Finance minister heads to Washington
Finance Minister Constantinos Petrides leaves for the US on Monday, where he will take part in the annual general assemblies of the International Monetary Fund and the World Bank as ...
Times are uncertain and hard, Petrides says as submits budget to House
The state budget for 2023, submitted on Thursday by Finance Minister Constantinos Petrides, has been increased by €500 million.
Petrides met with House President Annita Demetriou in her office to deliver his ...
Petrides warns opposition on VAT: don’t make comparisons with Germany (updated)
Finance Minister Constantinos Petrides has warned opposition parties not to start “making noises” about Germany seeking a VAT exemption on a new consumer levy on energy consumption, saying it was ...
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 means of attracting investments from ...
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 few years would be difficult, ...
Coronavirus: Finance minister tests positive
Finance Minister Constantinos Petrides on Saturday tweeted he has tested positive for coronavirus.
“Two years from the outbreak of the pandemic, it was my turn to test positive for Covid,” ...
Petrides welcomes S&P revision of Cyprus from ‘stable’ to ‘positive’ (Updated)
The government will continue supporting economic activity so that after the pandemic is over, previous positive growth rates will return, Finance Minister Constantinos Petrides said on Saturday.
In a written ...
Finance minister confident unemployment will remain low
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, ...
Qatar finance minister arrested over alleged embezzlement
Qatar Finance Minister Ali Sherif al-Emadi was arrested for questioning over allegations of embezzlement, abuse of power and crimes related to the public sector, a statement carried by state news ...
Ministers accuse Diko of playing ‘petty politics’ during a crisis
The government on said Monday that opposition Diko offered nothing of substance and raised obstacles to policies designed to support people, as it fought back criticism over the handling of ...
Tax chief asked to audit providers involved in passport services (Updated)
The Tax Department has been instructed to carry out strict audits of service providers involved in the citizenship by investment programme, Finance Minister Constantinos Petrides said in parliament on Thursday.
“...