#Makis Keravnos

Pension reforms aimed to come into effect on January 1, 2027, should include safety valves to ride out crises, Finance Minister Makis Keravnos said on Monday, following a labour advisory body meeting, ...

The social security “reform”, proposed by the Christodoulides government is inadequate, unfair and unsustainable. This is mainly because the scope for bringing many vulnerable persons out of the risk of ...

Cyprus’ economy grew by some 3.3 per cent in the first half of 2026, more than three times the average of other member states, Finance Minister Makis Keravnos said on Wednesday. Speaking ...

The Cyprus economy appears to be resilient to external shocks and continues to grow at a satisfactory rate, although inflationary trends persist, the finance minister said on Tuesday. Makis Keravnos ...

Article 9 of the Constitution of the Republic of Cyprus states that “Every person has the right to a decent existence and to social security. A law shall provide for the ...

Finance Minister Makis Keravnos on Friday hailed the striking of an agreement among the European Union’s member states on a mechanism to monitor and evaluate the bloc’s next ...

The European Commission’s new strategies for islands and coastal communities are comprehensive frameworks capable of addressing the structural disadvantages faced by island and coastal regions across the European Union, ...

Finance Minister Makis Keravnos on Wednesday warned against possible fragmentation of the European Union, with six of his counterparts set to hold a private meeting on Thursday aiming to loosen ...

Geopolitical instability, rising defence needs and strengthening Europe’s competitiveness and resilience dominated discussions at the informal Economic and Financial Affairs Council (Ecofin) meeting in Nicosia on Saturday. Speaking after ...

The views of civil servants expressed through their trade union Pasydy are “always taken into serious consideration” and implemented wherever possible, however in times of global uncertainty “stability and modernisation ...

The credit ratings agency Fitch on Saturday confirmed the Republic’s long-term A- rating with a positive outlook, citing strong fiscal results, ongoing debt deleveraging, favourable growth prospects and Cyprus’ ...

Cyprus “worked tirelessly” to ensure the release of €90 billion worth of European Union loans to Ukraine, Finance Minister Makis Keravnos said on Thursday after the Council of the EU approved ...

It is time for fiscal discipline and not populism, Finance Minister Makis Keravnos said on Sunday. In an interview with Kathimerini, he said the economy is showing resilience in the ...

Now is not the time to impose ‘green taxes’ and further burden people’s pockets, the finance minister said on Monday while reiterating that the government will roll out relief ...

Those who comment on the government’s tax reform policy should “weigh all the data”, Finance Minister Makis Keravnos said on Sunday. He said that while the views of the ...

Finance Minister Makis Keravnos expressed confidence on Monday that the 2026 state budget will be approved by parliament. Speaking after signing a tax avoidance agreement with Vietnam, Keravnos said he expects ...

Parties that were left out of Tuesday’s talks that Finance Minister Makis Keravnos had with members of Diko, Dipa and Disy about his tax reform proposal, understandably, went on ...

Finance Minister Makis Keravnos will take over as acting president of the Eurogroup following Pascal Donoghue’s resignation, it was announced on Tuesday. Donoghue announced his resignation ahead of plans ...

The six bills that make up the government’s tax reform were presented to MPs at the House finance committee on Friday, with Finance Minister Makis Keravnos describing the package ...

The finance minister said on Thursday he is “confident” that the government and parliament will work together to push through the tax reform so that the new system takes effect ...

Trade unions on Thursday appeared to signal that a deal with employers is feasible over the Cost of Living Allowance (CoLA) dispute, ahead of a crunch meeting between the sides ...

Talks continue and will continue with the aim of bringing employers and workers to an agreement over the matter of the cost-of-living allowance (CoLA), employers’ groups said on Friday after ...

Finance Minister Makis Keravnos on Monday outlined the government’s plans for next year’s state budget at a meeting of the House finance committee, telling it the government aims ...

Bills which will bring about sweeping reforms to Cyprus’ tax regime will be submitted to parliament next month at the latest, Finance Minister Makis Keravnos said on Monday. Addressing the ...