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31° Nicosia,
16 July, 2018
 

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Displaying results 1-27 of 27 matches for query bailout.

1. Government exploring ways to suspend pension cuts

http://knews.kathimerini.com.cy/en/news/government-exploring-ways-to-suspend-pension-cuts

The government is hoping that surpluses at the Single Social Security Entity (EFKA) will allow the non-implementation of pre-legislated pension cuts on January 1 next year....

2. Tsipras in UK in bid to promote Greek role in Balkans, seek investors

http://knews.kathimerini.com.cy/en/news/tsipras-in-uk-in-bid-to-promote-greek-role-in-balkans-seek-investors

Prime Minister Alexis Tsipras is in London on Monday for a three-day visit during which he is scheduled to meet with his counterpart, Theresa May, and the head of the Labour Party, Jeremy Corbyn, while attempting to present Greece as a significant player in the Balkans and investigate investment interest....

3. Greece cannot afford policy reversal after bailout ends, says EU's Costello

http://knews.kathimerini.com.cy/en/business/greece-cannot-afford-policy-reversal-after-bailout-ends-says-eu-s-costello

Greece is on course to complete its third international bailout program but cannot afford to backtrack on adopted reforms after its expiration in August, the European Commission’s mission chief to Greece said on Thursday....

4. IMF, Berlin still divided over Greek debt but progress in sight

http://knews.kathimerini.com.cy/en/business/imf-berlin-still-divided-over-greek-debt-but-progress-in-sight

A meeting of the so-called Washington Group – representatives of Greece’s creditors as well as the governments of Germany, France, Spain and Italy, the biggest eurozone economies – failed to break a deadlock over the Greek debt as the International Monetary Fund and Berlin remain divided on the length of an upfront extension on bailout loans....

5. With eye on re-election Tsipras rolls dice on Macedonia

http://knews.kathimerini.com.cy/en/news/with-eye-on-re-election-tsipras-rolls-dice-on-macedonia

Greek Prime Minister Alexis Tsipras is taking a big gamble in trying to settle a decades-old name dispute with neighbouring Macedonia which could backfire in a pre-election year among voters already jaded by his economic austerity policies...

6. Tsipras says Greece will meet fiscal targets with no fiscal gap in 2018-9

http://knews.kathimerini.com.cy/en/business/tsipras-says-greece-will-meet-fiscal-targets-with-no-fiscal-gap-in-2018-9

Greece and its foreign creditors agreed that the country will meet its fiscal targets in the coming years and there will be no fiscal gap in 2018 and 2019, Prime Minister Alexis Tsipras told his cabinet ...

7. Booming Cyprus breaks more tourism records

http://knews.kathimerini.com.cy/en/business/booing-cyprus-breaks-more-tourism-records

An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...

8. Cyprus GDP growth is creating more jobs

http://knews.kathimerini.com.cy/en/business/cyprus-gdp-grows-by-0-8-in-the-first-three-months

Bailed out eurozone member Cyprus notched up its 13th consecutive quarter in positive growth with GDP rising 0.8 percent in the first quarter, an official estimate showed...

9. All lights 'set on green' for end to Greek bailout

http://knews.kathimerini.com.cy/en/business/all-lights-set-on-green-for-end-to-greek-bailout

Greece’s exit from a bailout program instituted by the eurozone and International Monetary Fund looks set to proceed in August, Luxembourg finance minister Pierre Gramegna said on Friday...

10. Greece's new startup culture: technology and seagrass sunglasses

http://knews.kathimerini.com.cy/en/business/greece-s-new-startup-culture-technology-and-seagrass-sunglasses

Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...

11. Don’t get caught up in the East Med energy hype

http://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype

It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...

12. EU membership has not worked as a catalyst for peace

http://knews.kathimerini.com.cy/en/news/eu-membership-has-not-worked-as-a-catalyst-for-peace

Cyprus` membership to the EU in 2004 has not worked as a catalyst towards a solution of the Cyprus problem...

13. Economic sentiment in Cyprus marginally improves in April

http://knews.kathimerini.com.cy/en/business/economic-sentiment-in-cyprus-marginally-improves-in-april

The Economic Sentiment Indicator ESI, edged up by 1.5 points in April compared with the previous month, reaching 119 points...

14. On Athens visit, Juncker appears upbeat about Greek recovery

http://knews.kathimerini.com.cy/en/news/on-athens-visit-juncker-appears-upbeat-about-greek-recovery

In a speech before Greece’s Parliament on Thursday, European Commission President Jean-Claude Juncker expressed optimism about Greece’s economic recovery and called on its European partners to honor pledges for debt relief....

15. Cyprus is open for business and China’s buying

http://knews.kathimerini.com.cy/en/business/cyprus-is-open-for-business-and-china-s-buying

As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...

16. Russian oligarchs could be Cyprus' Achilles heel

http://knews.kathimerini.com.cy/en/news/former-central-banker-says-oligarchs-are-banks-achilles-heel

Former central banker Panicos Demetriades says Cyprus is serving Russian oligarchs at the expense of its credibility abroad while doubting the success story in a tell-all interview with Kathimerini...

17. Co-op suffered 'nightmare' bank run

http://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march

A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....

18. Athens will not bow to Turkish bully-boy tactics

http://knews.kathimerini.com.cy/en/news/athens-will-not-bow-to-turkish-bully-boy-tactics

Greek PM says Greece will not back down from protecting its sovereign rights ...

19. Cyprus registers record number of tourists in March

http://knews.kathimerini.com.cy/en/news/cyprus-registers-record-number-of-tourists-in-march

Tourist arrivals in March rocketed 36.4%...

20. Scholz seen to pick up where Schaeuble left off

http://knews.kathimerini.com.cy/en/business/scholz-seen-to-pick-up-where-schaeuble-left-off

Despite the cordial meeting on Friday between Finance Minister Euclid Tsakalotos and his new German counterpart Olaf Scholz, Berlin made it clear that the key Greek demand of debt relief will only be discussed after Greece’s bailout program ends....

21. Georgiades makes a “good case” for Co-op sell-off

http://knews.kathimerini.com.cy/en/business/georgiades-makes-the-good-case-for-ccb

Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....

22. Cooperative bank outflow appears to have stopped

http://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped

The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....

23. Gross average monthly earnings begin to rise

http://knews.kathimerini.com.cy/en/business/gross-average-monthly-earnings-begin-to-rise

The average gross earnings of employees amounted to €2,169 in Q4 compared with €2,149, in Q4 of 2016...

24. Greece fears rising Turkish aggression

http://knews.kathimerini.com.cy/en/news/greece-fears-rising-turkish-aggression

25. Cyprus central government debt at €18.3 billion at end 2017

http://knews.kathimerini.com.cy/en/business/cyprus-central-government-debt-at-€18-3-billion-at-end-2017

Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....

26. Tourist arrivals spike 23.4% in February

http://knews.kathimerini.com.cy/en/news/tourist-arrivals-spike-23-4-in-february

Tourist arrivals have hit record highs in every month since March 2017 ...

27. Cysec to wrap up inquiries on the banking crisis

http://knews.kathimerini.com.cy/en/business/cysec-to-wrap-up-inquiries-on-the-banking-crisis

The three cases concerning the now-defunct Laiki Bank with regard the acquisition products by German Commerzabank, the reclassification of the Greek bonds held by Laiki, and the investment of Bank of Cyprus in Banca Transilvania...