#Makis Keravnos

Fuel prices have been significantly reduced and the government will review continuing a VAT cut, which expires on June 30, Finance Minister Makis Keravnos said on Friday. Parties have already filed ...

Cyprus is the leading beneficiary of European Investment Bank (EIB) support per capita with €250 million in funds received during 2022, EIB president Werner Hoyer said during a visit on Friday. Hoyer ...

Finance Minister Makis Keravnos and trade unions reiterated on Wednesday the need to hire more civil servants after the House finance committee this week refused to approve over 1,800 positions. The ...

Finance Minister Makis Keravnos will travel to Brussels this Sunday to participate in the Eurogroup and Ecofin meetings. According to a press release issued by the Finance Ministry, Keravnos will ...

Finance Minister Makis Keravnos said on Monday that they are working towards lowering the VAT rate in general in Cyprus, adding that the government would mostly likely also further extend ...

Despite the global uncertainty, the Cypriot economy is continuing a positive course in 2023, Finance Minister Makis Keravnos said. Speaking at the forum of the Cyprus association of financial analysts (CFA) ...

Two government measures for helping people cope with inflation are in the pipeline – reduction of VAT on basic consumer goods and the creation of a shopping basket app that will ...

Finance Minister Makis Keravnos wrote to associations representing the banks and loan-purchasing companies asking them to absorb part of the cost from the rise in interest rates so that loan ...

Subsidies for electricity bills have been extended for another two months on Wednesday, at a cost of €21 million, according to a relevant cabinet decision. Cabinet also approved a new two-month ...

There are no concerns over an increase in bad loans for Cyprus’ banks, Finance Minister Makis Keravnos said on Thursday after a meeting with the European Central Bank’s executive ...

The tight timetables regarding the implementation of Recovery and Resilience Plans were described as a challenge by Finance Minister Makis Keravnos during the Economic and Financial Affairs Council of the ...