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State to begin repaying €12bn Social Insurance Fund debt | Collector
State to begin repaying €12bn Social Insurance Fund debt
Cyprus Mail

State to begin repaying €12bn Social Insurance Fund debt

As of next year, the government plans to start paying back the some €12 billion it has borrowed from the Social Insurance Fund (SIF) over the decades, the labour minister signaled on Thursday. Marinos Mousiouttas said a special-purpose vehicle, akin to a sovereign wealth fund, would be set up for the SIF by the end […]

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