Brussels, 23/06/2004 (Agence Europe) - With the aim of being able to adopt the euro in 2007, the Cypriot government is preparing to adopt austerity measures to reduce its budgetary deficit (7% of GDP) and public debt (72.6% of GDP). The plan presented on Monday by Finance Minister Makis Keravnos, notably provides for a reduction in expenditure on civil servants, whose salaries make up 60% of the Cypriot budget, and a stabilisation of the defence budget. New taxes will also be brought in on...