#finance ministry

The cabinet on Thursday greenlit an additional €109 million in spending for the finance ministry for fiscal year 2024, with Finance Minister Makis Keravnos saying the overall budget would remain balanced despite ...

A business association urged parliament on Monday to quickly pass an EU regulation that has to do with the screening of direct foreign investment in Cyprus, noting that the island ...

The finance ministry bid farewell to its permanent secretary George Panteli on Thursday, who is being transferred to the same post at the education ministry. Panteli is being moved in ...

The finance ministry on Tuesday sent a letter to football clubs participating in the debt repayment scheme, urging them to settle their debts to the state, totalling €35.6 million, which were ...

Footballers’ association Pasp chairman Spyros Neofitides on Friday demanded that his association be given a cut of the income generated by taxes levied on takings by betting shops. He said ...

The finance ministry reiterated on Thursday it’s not in a position to evaluate the mooted Cyprus-Greece electricity interconnector project as several parameters remain unknown, while the cost-benefit analysis provided ...

There are ‘weaknesses and mistakes’ in the finance ministry over the way it handles payments and grants, the audit office said in a report on Tuesday. According to the findings ...

The amount invested in Cyprus’ green transition is estimated to reach €3.1 billion by 2030, the finance ministry said on Sunday. They said the investment would be sourced from state funds, European ...

A complaint was filed by the finance ministry to police over a raffle being carried out to build an illegal monastery in the environmentally protected Natura 2000 area of Cape Greco, ...

Former state officials in hot water with the audit office over allegedly pocketing secretarial allowances do not have to give back the thousands of euros that the law allows them, ...

The state health services organisation (Okypy) needs to rein in its expenses if it is to continue receiving state grants, officials warned in parliament on Thursday. Health ministry officials and ...

Cyprus will on Friday submit a formal request for the second and third tranche of payments from the EU’s Recovery and Resilience Facility (RRF) which once granted will bring ...

MPs heard on Tuesday that to date some €43 million has been collected through a special levy on immovable property transactions, the proceeds going to assisting refugees facing financial hardship. In ...

The President of the European Investment Bank, Werner Hoyer, is set to make an official visit to Cyprus on Monday. Hoyer will be joined on the island by the newly ...

The industrial dispute between low-wage civil servants and the government was settled “in the best possible way”, Finance Minister Permanent Secretary George Panteli said on Wednesday. Panteli was speaking after ...

No agreement has been reached on the extension of a concession contract for the airport management company’s obligations regarding management and development of Larnaca and Paphos airports, the finance ...

Applications for the new mortgage to rent scheme will be accepted starting October, the finance ministry said on Thursday, a day after the scheme was given the nod of approval ...

Members of the newly formed Independent Association of Teachers of Afternoon Programmes on Tuesday called on the finance ministry to count them as ministry employees. The association’s secretary Charalambos ...

Stores will be required to carry out stock counts on the zero VAT consumer goods, the finance ministry said ahead of the introduction of VAT reductions on Friday. Cabinet on ...

The government is expected to submit a compromising proposal on the cost of living allowance (CoLA) before the end of the month, Labour Minister Yiannis Panayiotou said on Thursday. With ...

Government services were back online on Tuesday evening after shutting down throughout the day, following a flooding incident in the room they are hosted in on Monday evening. The government ...

The Audit Office on Monday said it would report the finance ministry to the EU Commission over the way it handled two contracts related to the Hermes airports concession agreements. ...

The permanent secretary of the finance ministry George Panteli has sent a letter demanding that the attorney-general investigates auditor-general Odysseas Michaelides for allegedly leaking false information and disclosing state secrets. ...

Auditor-general Odysseas Michaelides has accused the finance ministry outright of criminal offences by committing to spending taxpayer money without first securing parliamentary approval for the funds, it emerged on Tuesday. ...