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June 12, 2025

Finance Minister Sets Target to Reduce Public Debt Below 60% by 2025

Nicosia: Reducing public debt below the 60% threshold by the end of 2025 is his personal goal, Finance Minister Makis Keravnos said on Thursday. He added that the Cypriot economy recorded the highest growth rates in the Eurozone ‘thanks to responsible fiscal policies’. According to Cyprus News Agency, in his

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President Christodoulides Announces New Perspective on Cyprus Problem

Glyfada: The President of the Republic of Cyprus, Nikos Christodoulides, announced a potential new beginning for resolving the long-standing Cyprus problem during an award ceremony for his contributions to Pontian Hellenism. The event, which took place in Glyfada, marked a significant moment as Christodoulides shared his optimism about breaking the

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Energy Minister Attends Raisina Mediterranean 2025 Conference in Marseille

Nicosia: Cyprus Minister of Energy, Commerce and Industry, George Papanastasiou has travelled to Marseille to represent Cyprus at the 2025 Raisina Mediterranean international geopolitical conference, taking place on June 12 and 13. According to Cyprus News Agency, the conference is the first Mediterranean edition of the Raisina Dialogue, one of

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Cyprus Adopts New VAT Rules for SMEs to Align with EU Directive

Nicosia: The plenary of the House of Representatives unanimously amended, on Thursday, the VAT law to align with an EU directive concerning the special scheme for small enterprises. The special scheme, as it previously stood, allowed VAT exemption only for businesses established in the member state where the VAT was

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Record Number of 117 Artworks at Larnaca Biennale 2025

Larnaca: A record-breaking number of 117 artworks from individual artists and artist groups from 43 different countries, out of 526 applications, have been selected to participate in Larnaca Biennale 2025. This will be the largest number in the event’s history so far, according to the organisers. According to Cyprus News

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