Nicosia:Minister of Finance Makis Keravnos hosted a courtesy meeting with Dr. Hans-Peter Jugel, the Ambassador of the Federal Republic of Germany to Cyprus, at the Ministry of Finance. The meeting focused on enhancing bilateral relations, emphasizing the historically strong ties between Cyprus and Germany.

According to Cyprus News Agency, the discussions highlighted the importance of further strengthening bilateral cooperation within the framework of the European Union. Both parties explored various avenues to deepen ties.

The meeting addressed significant challenges impacting the European Union's future, such as security and defense issues amid geopolitical changes and the ongoing war in Ukraine. Other topics included the green transition, combating climate change, ensuring energy security, boosting the competitiveness of the European economy, and advancing digital transformation.

Both officials acknowledged the current challenges and uncertainties in the global economy due to geopolitical and economic developments. They underscored the necessity for EU Member States to collectively tackle these issues through decisive actions within EU institutions and joint efforts.