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Cyprus Seeks Fiscal Breathing Room as Keravnos Heads to Luxembourg

Summary by Cyprus Mail
Cyprus will press for greater fiscal flexibility and relief from high energy costs at this week’s Eurogroup and Ecofin meetings in Luxembourg, where Finance Minister Makis Keravnos will also take part in talks on banking competitiveness, capital markets and the wider European economy. Keravnos travels to Luxembourg on Wednesday ahead of the Eurogroup on October […]

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A derogation has been requested for a tax on heating oil, says the Finance Minister who is going to Eurogroup-ECOFIN Cyprus has requested a derogation for the special consumption tax on heating oil, in order to reduce a cost that households feel immediately, especially in winter, said Finance Minister Makis Keravnos during his trip to Luxembourg to participate in the […]

A derogation has been requested for a tax on heating oil, says the Finance Minister who is going to Eurogroup-ECOFIN Cyprus has requested a derogation for the special consumption tax on heating oil, in order to reduce a cost that households feel immediately, especially in winter, said Finance Minister Makis Keravnos during his trip to Luxembourg to participate in […] A derogation has been requested for a tax on heating oil, Keravnos claims

The Minister of Finance, Makis Keravnos, will travel to Luxembourg on Wednesday, October 7, 2026, to participate in the Eurogroup and ECOFIN Council meetings on October 8 and 9, respectively. According to a statement by the Ministry of Finance, the two meetings “will discuss very serious issues regarding the effectiveness of public finances as defined by the European Economic Governance Framework and the effects of the energy crisis on the Europ…

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sigmalive.com broke the news on Tuesday, October 6, 2026.
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