#Makis Keravnos

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 ...

The government is “constantly taking measures” in the battle against inflation rates, according to Finance Minister Makis Keravnos. Speaking after a meeting with the Association for the protection of borrowers (...

Cyprus has received a loan of over €350 million from the European Investment Bank (EIB) to boost social cohesion, Finance Minister Makis Keravnos said on Wednesday. The loan of €369 million is ...

The head of the Association for the Protection of Bank Borrowers (Syprodat) Costas Melas said on Monday that he requested to meet with finance minister to present him with new ...

Finance minister Makis Keravnos was disparaged and ridiculed for the measures he announced after Wednesday’s council of ministers meeting, one newspaper columnist referring to them as “targeted mockery.” He ...