https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs
Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....
https://knews.kathimerini.com.cy/en/business/cabinet-looks-to-end-decades-long-debate-on-multiple-pensions
The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b
The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/comment/opinion/the-belgian-wheel-is-in-motion
Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...
