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Cyprus to end Social Insurance Fund borrowing and begin €12bn repayment plan | Collector
Cyprus to end Social Insurance Fund borrowing and begin €12bn repayment plan
Cyprus Mail

Cyprus to end Social Insurance Fund borrowing and begin €12bn repayment plan

The government will halt borrowing from the Social Insurance Fund (SIF) and begin repaying an estimated €12 billion debt, labour minister Marinos Mousiouttas affirmed on Tuesday. Addressing stakeholders and trade unionists at a conference of the labour advisory body, Mousiouttas described the move as a “structural shift in how the state manages pension-related finances”, with […]

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