Economy category powered by

FinMin travels to Luxembourg for Eurogroup and Ecofin meetings

Minister of Finance Makis Keravnos is in Luxembourg to take part in the Euro area Finance Ministers Council (Eurogroup) and EU Finance Minister council (Ecofin), as well as the Annual General Meetings of the European Stability Mechanism and the European Investment Bank.

Cyprus’ 14th post-programme monitoring report will be discussed during the Eurogroup meeting, according to an official announcement.

The Euro Area Finance Ministers will also discuss the post-proramme reports for Greece, Portugal, Ireland and Spain, as well as the progress being made with the digital euro.

The Ecofin Council will discuss the “VAT in the digital ages” legislative package and the proposed reform of the EU fiscal governance.

In the context of the European Semester, the Council will adopt the recommendations on the 2023 national reform programme and will provide its opinion on the updated stability and convergence programmes.

(Source: CNA)

Read More

Christodoulides and Mitsotakis confirm political will for participation in GSI
Cyprus President and Greek PM set to discuss electricity interconnection
Harmonised Index of Consumer Prices up 2.2% in August
Price of construction materials dropped in August compared to last year
US Ambassador welcomes announcement on Aphrodite gas field
EIB Vice President in Cyprus for two loan agreements for CUT
Cyprus and Chevron discuss path forward for 'Aphrodite' gas field
Cyprus Marine Club hosts first Get Together after summer break
Cyprus and Greece to share potential interconnector geopolitical cost 50/50
President and CBC Governor discuss Cypriot economy, interest rates