Missed opportunities on budgets and tax reform

In recent days the government of President Nikos Christodoulides and MPs approved the government budgets and a tax reform. In doing so they have missed real opportunities to support policies which could generate the balanced and equitable growth of the Cyprus economy.

Christodoulides stated that the changes effected in the tax reform make for a “fairer, more modern, and more competitive tax system”. However, this is far from the truth as these changes hardly represent a reform and are...