{"id":3899,"date":"2024-03-12T17:02:23","date_gmt":"2024-03-12T15:02:23","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=3899"},"modified":"2024-03-12T17:02:23","modified_gmt":"2024-03-12T15:02:23","slug":"cyprus-already-in-line-with-eurozone-fiscal-policy-plan","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=3899","title":{"rendered":"Cyprus already in line with eurozone fiscal policy plan"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/03\/cyprus-already-in-line-with-eurozone-fiscal-policy-plan.jpg\" class=\"ff-og-image-inserted\"><strong>Finance minister Makis Keravnos expressed satisfaction with the eurozone\u2019s fiscal policy orientation for 2025, as Cyprus\u2019 conservative fiscal approach was already in line with it.<\/strong><\/p>\n<p>He added that the joint statement \u201c<strong>finds us in agreement and satisfies us because it first of all validates the policies we have been pursuing so far, namely a cautious conservative fiscal policy, and the effort for the transition to the green economy and the digital economy<\/strong>\u201c.Regarding the efforts to unify capital markets, Keravnos said that Cyprus was in favour of this proposal because it \u201c<strong>gives investors security and guarantees that will release funds for the development of the European Union and of course of Cyprus.<\/strong>\u201dHe added: \u201cAt the same time there will be a coordinated supervision, a framework which will also use the existing supervisory structures of each country.\u201dMoving on to the state of play of the Recovery and Resilience Facility, which was to be discussed at the Economic and Financial Affairs Council of the EU on March 12, Keravnos assessed that so far \u201c<strong>Cyprus is progressing at a good pace<\/strong>\u201c.He also said: \u201c<strong>Of course, there are issues which we are addressing along the way, as I think is the case with all countries. So far we have submitted a number of requests and we are preparing for the fourth, fifth, sixth, and seventh tranches.<\/strong>\u201cFollow the<br \/>\nCyprus Mail  on Google News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Makis Keravnos expressed satisfaction with the eurozone&#8217;s fiscal policy orientation for 2025, stating that Cyprus&#8217; conservative fiscal approach aligns with it. He mentioned that the joint statement validates Cyprus&#8217; 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.<\/p>\n","protected":false},"author":3,"featured_media":3900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[1555,3,26,379,569,518,1554,304,250,61,1556,64,34,1354,827,380],"class_list":["post-3899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-conservative-fiscal-approach","tag-cyprus","tag-economy","tag-eu","tag-finance","tag-finance-minister","tag-fiscal-policy-orientation","tag-funding","tag-google","tag-green-economy","tag-green-economy-and-digital-economy","tag-makis-keravnos","tag-markets","tag-release","tag-security","tag-us"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is 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