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Cyprus: Slashed VAT expected to 'bring inflation and prices down' says Finance Minister

Video Credit: euronews (in English) - Duration: 01:39s - Published
Cyprus: Slashed VAT expected to 'bring inflation and prices down' says Finance Minister

Cyprus: Slashed VAT expected to 'bring inflation and prices down' says Finance Minister

While inflation rates have fallen in Cyprus for a sixth consecutive month, consumer prices went up by 0.3 per cent in April after a 1.02 per cent rise in March.

In an interview with Euronews, Finance Minister Makis Keravnos explained the move to cut costs.


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