The Cyprus government will stop borrowing from Social Insurance Fund (SIF) surpluses and begin gradually repaying its 12-billion-euro debt to the Fund, possibly from the end of 2028, Labour Minister Marinos Moushouttas announced yesterday. Moushouttas informed social partners of the government decision at yesterday’s session of the Labour Advisory Body. He outlined three concrete steps, … Continue reading Government to start €12bn Social Insurance Fund debt repayment