Search results
Results from the Health.Zone Content Network
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
Ministry of Finance, Minister: Makis Keravnos. Ministry of Foreign Affairs, Minister: Constantinos Kombos. Ministry of Health, Minister: Popi Kanari. Ministry of Interior, Minister: Constantinos Ioannou. Ministry of Justice and Public Order, Minister: Anna Prokopiou. Ministry of Labour and Social Insurance, Minister: Yiannis Panayiotou [1] [2]
Taxation. Taxes in Cyprus are levied by both the central and local governments. Tax revenue stood at 39.2% of GDP in 2012. [1] The most important revenue sources are the income tax, social security, value-added tax and corporate tax, and are all collected by the central government. Income tax is levied on a progressive rate.
Christodoulides government. The Cabinet (sworn in on 1 March 2023 [1]) formed by Nikos Christodoulides is the 14th Government of Cyprus [2] and forms part of the Council of Ministers . In the House of Representatives, the Government is in a minority coalition with the Democratic Party, Movement for Social Democracy and the Democratic Alignment ...
Politics of Cyprus. The Council of Ministers is the executive branch of the Cypriot government, consisting of ministers. The council is chaired by the President of Cyprus and the ministers head executive departments of the government. The President and his ministers administer the government and the various public services .
Economy in the government-controlled area. Cyprus has an open, free-market, service-based economy with some light manufacturing. Internationally, Cyprus promotes its geographical location as a "bridge" between East and West, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.
Contents. President of Cyprus. The President of Cyprus, officially the President of the Republic of Cyprus, [a] is the head of state and the head of government of Cyprus, as well as the commander-in-chief of the Cypriot National Guard. The office was established by the Constitution of 1960, after Cyprus gained its independence from the United ...
The Economic Adjustment Programme for Cyprus, usually referred to as the Bailout programme, is a memorandum of understanding on financial assistance to the Republic of Cyprus in order to cope with the 2012–13 Cypriot financial crisis . It was signed in March 2013 by the Cypriot Government on one hand, and on the other hand by the European ...