Press Releases
CenTrust Capital Appointed as New Central Bank of the Republic
May 9, 2025
The Government of the Republic of Kavros announces that CenTrust Capital has been officially designated as the new Central Bank of the nation. This financial institution will be responsible for the country's monetary policy and financial stability from this date forward.
The appointment is part of a plan to strengthen the national financial system that includes close cooperation with international financial institutions and the implementation of modern technologies to ensure transparency and efficiency in banking operations.
"This is a historic step for the Republic of Kavros that will strengthen our financial sovereignty and contribute to sustainable economic development," declared the Minister of Economy and Finance during the official ceremony.
Kavros signs historic technological cooperation agreement
July 15, 2023
The Government of the Republic of Kavros and the European Union have signed today a historic technological cooperation agreement that will boost the country's digital development and improve connectivity throughout the national territory.
The agreement, valued at 150 million euros, includes the creation of a digital innovation center in Kavros City, as well as the implementation of training programs in emerging technologies for young professionals.
Inauguration of the new Central Hospital of Kavros
July 8, 2023
The President of the Republic has inaugurated today the new Central Hospital of Kavros, a state-of-the-art healthcare facility with 500 beds and the latest medical technology.
The project, which has involved an investment of 320 million euros, strengthens the country's public health system and significantly improves healthcare for citizens.
Kavros launches national plan for energy transition
June 28, 2023
The Ministry of Environment has presented today the National Plan for Energy Transition, a ten-year strategy that seeks to reduce CO2 emissions by 60% and achieve 80% energy generation from renewable sources.
The plan includes investments worth 2 billion euros in solar, wind, and hydroelectric energy, as well as tax incentives for companies and households adopting clean technologies.