communist party AKEL
Cyprus gov’t spending to rise only 0.6 pct in 2015
The Cypriot Parliament has adopted a government budget that envisions an increase in spending of only 0.6 percent.
The budget forecasts state revenue of 5.928 billion euros compared with 5.952 billion euros in 2014, with spending of 6.660 billion euros.
The House of Representatives approved the tight spending plan late Tuesday by a vote of 29-26.
- Read more about Cyprus gov’t spending to rise only 0.6 pct in 2015
- Log in to post comments
Crucial Cyprus loan foreclosure bill set for vote
The Cypriot parliament will vote Saturday on a controversial bill to streamline bank foreclosures of bad debts, Finance Committee chairman Nicolas Papadopoulos said, amid fears some people could lose their homes.
- Read more about Crucial Cyprus loan foreclosure bill set for vote
- Log in to post comments