Recovery and Resilience plan
President Nikos Christodoulides presented the government’s future objectives and major reforms during a long meeting with the ministers at the Troodos presidential residence. The entire...
‘Significant delays’ in Cyprus’ recovery and resilience plan, fiscal council warns
Cyprus’ fiscal council noted significant delays in the implementation of commitments related to the Recovery and Resilience Plan (RRP), in its interim report published on...
Cyprus leading Europe in absorbing EU funds
Cyprus must achieve the absorption of €960 million in grants and €260 million in loans from the EU, European Council of Auditors member Lefteris Christoforou...
Cyprus told to accelerate green reforms
Cyprus must accelerate the implementation of its national Recovery and Resilience Plan and reduce its dependence on fossil fuels with a focus on the development...
Our View: The planned ‘green’ taxes will hit the worst-off the hardest
While the finance minister’s statements that a planned green fuel tax would not be going ahead for now is welcome news for motorists, it is...
Disappointing performance of Cyprus banks since 2015
Accumulating huge amounts of idle cash By Les Manison In response to the financial crisis of 2012/13 the government in agreement with the troika of...
Education minister praises tech innovations as he meets robots
Education Minister Prodromos Prodromou highlighted the importance of digital skills on Monday during his visit to the digitally supported learning environment at the pedagogical institute....
Finance ministry freezes development projects not already started
The finance ministry has instructed government ministries and departments to tighten the purse strings, advising that they freeze development projects not already underway in a...
Further progress made on recovery plan
Cyprus has made further progress in its EU recovery and resilience plan after the cabinet on Monday approved the government’s agreement with the European Commission,...
Coronavirus: Party support vital to tap recovery funds says minister
Finance Minister Constantinos Petrides on Wednesday called for political parties to support necessary reforms so that Cyprus can fully utilise the €1.2 billion from the...