Economy, Europe
April 04, 2025
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Finance Minister Warns of Economic Risks Amid EU Instability

Cyprus’ Finance Minister, Makis Keravnos, issued a stark warning Friday, labeling the island’s economic outlook “alarming.” On CyBC radio, he stressed Cyprus’ service and tourism-dependent economy faces risks amid shifting EU trade dynamics. The EU, he said, is under global economic pressure, challenging trade norms.   “The EU was prepared, but unexpected extremes occurred,” Keravnos […]