Cyprus’ state debt to public funds has reached €12.8 billion at the start of this year, up from €11.3 billion at the beginning of last year, the ministry of labour reported to parliament on Saturday.
The debt to the social security fund alone rose from €9.4 billion in 2023, €7.3 billion in 2018, €7 billion in 2013 and €6.6 billion in 2010.
The state’s debt to the redundant staff fund
