#Makis Keravnos

There are some government decisions on which it is impossible to put a positive spin and maintain credibility. The Christodoulides government does not appear to have realised this yet, which ...

The government intends to participate in the Great Sea Interconnector project alongside Greece and Israel, provided that the conditions set by the cabinet will be fulfilled, Finance Minister Makis Keravnos ...

Finance Minister Makis Keravnos on Friday played down the potential cost of the green transition for consumers, saying the extra taxes would not pose a threat to households and businesses ...

The government has been on the defensive after Finance Minister Makis Keravnos announced on Tuesday that the cabinet had approved the creation of an oversight body for professional service providers – ...

Cabinet on Tuesday greenlighted the creation of an oversight body for service-sector companies, Finance Minister Makis Keravnos said. The body aims to prevent situations that “threaten the image” of the ...

Cyprus’ compliance with international sanctions is “very good”, the finance minister said on Monday, adding that by year’s end the two units dealing with sanctions will be consolidated into ...

Finance Minister Makis Keravnos said Thursday that Cyprus stands to receive the first tranche worth €20.9 million from the EU’s Recovery and Resilience Facility, as an advance payment for implementing ...

The national health scheme Gesy must continue and survive, the finance and health ministers said on Tuesday following a meeting to discuss the issue. “We had a very productive discussion… ...

EU Finance Ministers, including Cypriot minister Makis Keravnos, have said that gradual recovery is expected in 2024, but have warned that this will be in an environment of heightened uncertainty and ...

Finance Minister Makis Keravnos is in Brussels where he will participate on Monday and Tuesday in the meetings of the Eurogroup and the EU council of finance ministers (Ecofin). At ...

The most important thing for the real economy is to reduce non-performing loans as they have in the banking sector so the economy can function without obstacles, Finance Minister Makis ...

The finance ministry said on Wednesday it will decide within the next two days whether or not to approve the opening of 56 new job positions at the Health Insurers’ Organisation (...

Extensive coverage was given by the media to the news conference given by the Federation of Patients Associations of Cyprus (Osak) on Monday, during which it attacked the government for, ...

Finance Minister Makis Keravnos emphasized on Friday that initial steps have been taken to appoint experts for a study on the state payroll, with further updates expected after the holidays. ...

Finance Minister Makis Keravnos hinted on Friday he would not be greenlighting the Health Insurance Organisation’s (HIO) request for 50 new job openings, saying the focus should be on improving ...

Finance Minister Makis Keravnos on Tuesday hailed an agreement reached between the government and trade unions regarding low-wage civil servants’ pay as “a positive outcome for everyone.” He added that “...

The government will commission a study on how to streamline the state payroll to reflect international and European standards, Finance Minister Makis Keravnos said on Friday, as he discussed the ...

Talking about the state budget for 2024 at the House finance committee on Monday, Finance Minister Makis Keravnos said he was worried about the increase of the public payroll, which stands ...

By Elias Hazou and Nick Theodoulou The proposed state budget for 2024 focuses on fiscal stability and achieving greater strides towards the ‘green transition’ and digital transformation, Finance Minister Makis Keravnos ...

Finance Minister Makis Keravnos said the government is “not dogmatic” on Friday after reinstating the electricity subsidy on Thursday. Speaking to reporters following a meeting with European Court of Auditors ...

Finance Minister Makis Keravnos said on Friday he is “in favour of targeted measures to help mostly vulnerable groups from the wave of rising costs and inflation.” He made the ...

Finance Minister Makis Keravnos is set to deliver the state budget for 2024 to House President Annita Demetriou at 12.30pm on Wednesday. The budget, Nikos Christodoulides’ administration’s first one, will ...

Unions and consumer organisations called on the government to set out and implement a policy to fight inflation, proposing both targeted and horizontal measures. This anti-inflation alliance has asked for ...

Amid mounting complaints over the cost of living, the government on Thursday said it may bring back electricity and fuel tax subsidies in the near future. Speaking to public broadcaster ...