Cyprus already in line with eurozone fiscal policy plan
Finance Minister Makis Keravnos expressed satisfaction with the eurozone’s fiscal policy orientation for 2025, stating that Cyprus’ conservative fiscal approach aligns with it. He mentioned that the joint statement validates Cyprus’ cautious conservative fiscal policy and efforts towards transitioning to the green and digital economy. Keravnos also supported the proposal to unify capital markets in the EU, highlighting its benefits for investor security and development. Regarding the Recovery and Resilience Facility, he noted that Cyprus is making good progress and is addressing issues while preparing for future funding tranches.