Next challenge is implementing recovery plan, Petrides says
Finance Minister Constantinos Petrides on Friday expressed satisfaction with the “excellent work” that has been done in relation to the absorption of EU funds, putting...
reforms
Cabinet discussion on reforms to continue Friday
The cabinet on Tuesday held a four-hour session reviewing the progress of various projects and reforms with the process continuing Friday, the government spokesman said....
Cabinet to discuss implementation of reforms
Ministers participating in a Cabinet meeting on Tuesday will be briefed on the implementation of the reforms, projects and policies announced by President Nicos Anastasiades...
Our View: Plenty of challenges ahead for ‘Build Back Better’ plan
European Commission President Ursula von der Leyen has given the nod to Cyprus’ recovery and resilience plan (RRP), saying it was well balanced and addressed...
Reforms: A race against time
Cyprus hopes to tap some €1.2 billion from the EU’s Resilience and Recovery Facility, in exchange for which it pledges to implement a series of...
With elections over, time to push reforms through says finance minister
Finance Minister Constantinos Petrides called on parties on Tuesday to leave the elections behind and concentrate on pushing through reforms needed by the country. Petrides...
New housing scheme ‘extremely generous’ Nouris says
The government’s new rural housing policy is targeted and “extremely generous” and could be extended next year on review, Interior Minister Nicos Nouris said on...
Regling says Cyprus should utilise EU pandemic funds to promote reforms
Cyprus should utilise EU pandemic funds to promote reforms that would diversify its economy, Klaus Regling, the European Stability Mechanism General Director told the Economist...
Cyprus set to be ‘remade’
With €1bn in EU recovery grants, the scope of the changes is said to be unprecedented By Andrew Rosenbaum IN WHAT is being seen as...
President and House president discuss reforms
President Nicos Anastasiades intends to convene a meeting of political party leaders to discuss speeding up the reform process for the public service and local...
State respects reactions to municipal mergers but benefits to citizens ‘the priority’, president says
President Nicos Anastasiades on Monday said reactions to the proposed bill on municipality mergers were respected but that the priority was on the ultimate benefits...
Public service unions call for dialogue on reforms
PUBLIC service unions on Friday called for dialogue with the government over reforms with some arguing that it was not completed while others saying they...
Liopetri council will merge with Ayia Napa and Sotira
The Liopetri community council announced on Thursday it had decided to join the municipalities of Ayia Napa and Sotira as part of the local government...
Petrides: We want to create a new kind of local authority
Legislation on the radical reform of local authorities should be ready within a month, Interior Minister Constantinos Petrides said on Wednesday, as various municipalities are...
Education reforms up to the government, not unions, says spokesman
EDUCATIONAL reforms can only be implemented by the government and such policies cannot be planned by others, government spokesman Prodromos Prodromos said on Thursday after...
Sustained reform key to mitigating Cyprus’ economic risks, ESM warns
Cyprus regained an investment grade rating in 2018 thanks to strong economic growth, a prudent fiscal policy, and a more resilient financial sector, and the...
Reform, reform, reform, Fiscal Council says
By Gregoris Savva Cyprus needs to implement reforms, boost competitiveness and maintain fiscal surpluses, President of the Fiscal Council Demetris Georgiades said on Thursday. External...
Brussels sees delays on key reforms in Cyprus
The Cyprus economy will continue to grow, fiscal performance is solid, but external headwinds are increasing and significant domestic vulnerabilities remain, while key reforms, including...
Cyprus should pursue delayed reforms, IMF says
The International Monetary Fund (IMF) urged Cyprus on Tuesday to vigorously pursue long-delayed structural reforms and maintain strict fiscal discipline, as the economic recovery, though...
Without reforms, justice system in danger of collapse (Updated)
The justice system is in danger of collapsing if no changes are made, Justice Minister, Ionas Nicolaou, said on Thursday. Presenting the budget of...