Primary budget surplus remains on course
The budget execution for the period January-August was within the revised target for a primary surplus of 3.2%, according to estimates by the Ministry of Economy and Finance.
The budget execution for the period January-August was within the revised target for a primary surplus of 3.2%, according to estimates by the Ministry of Economy and Finance.
Maritime Affairs and Island Policy Minister Vasilis Kikilias is paying an official visit to London on Monday and Tuesday, as part of London Shipping Week, where he is having a series of meetings with British government officials and contacts with the international shipping community.
Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost-of-Living Allowance (ATA) to all workers.
Government spokesperson Pavlos Marinakis reminded reporters on Monday at a regular press briefing that after the recent announcements by the prime minister at the 89th Thessaloniki International Fair, the government has implemented 83 tax breaks since taking office in 2019.
A months-long freeze on a planned electricity interconnection between Greece and Cyprus has escalated into a public rift, shifting from a point of tension with Ankara to a near-open dispute between Athens and Nicosia.
Following the government’s focus on cutting taxes, as announced by the prime minister at the Thessaloniki International Fair, is the effort to resolve a shortage of housing, through incentives to utilize state properties or those confiscated by loan servicers in Greece.
A former New Democracy official and parliamentary candidate has denied any involvement in a farm subsidy scandal, hours after reports said her assets, as well as those of family members, were frozen amid allegations they were not used for the intended agricultural and development purposes.
Next year is projected to have plenty of fiscal challenges.
Antenna Group has announced the launch of the Alliance for Europe-Gulf Geopolitics & Investments Summit (AEGGIS), in partnership with the US think tank Atlantic Council.
The European Commission is promoting a legal initiative on short-term rentals at a pan-European level.