Cyprus could up its spending cap if it convinces Brussels that the models the latter uses systematically ‘downgrade’ the island’s economic indices, the head of the Fiscal Council asserted on Monday.
Michalis Persianis told MPs that the economic models used for Cyprus by the European Commission exhibit a ‘systematic bias’ towards the island. This in turn affects the expenditures for Cyprus allocated at the EU level.
Persianis said the Fiscal
