5 Minute News

Discussion on Measures Against Inflation by the Finance Minister

September 30, 2026

Finance Minister Makis Keravnos discusses measures he will present to the Cabinet aimed at tackling inflation. The conversation focuses on new government interventions, such as potential VAT reductions on essential goods. The impact of the energy shock and the resilience of the Cypriot economy are also examined. Additionally, the article addresses fiscal policy and pressures associated with the upcoming elections. Finally, the security of the pension system for future retirees is considered.