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61. Cyprus economy grew by 5.7% in 2021 according to Eurostat

The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....

62. A 'parked' cargo of 5 billion that no one can touch

With the market "drying up" and the anxious searching for raw materials, this aluminum stock is considered worth more than its weight in gold. ...

63. Coronavirus: What are the main symptoms of long Covid?

All citizens, young and old, should be vaccinated, scientists say, as studies show that asymptomatic patients - in the first phase - developed long Covid symptoms after months....

64. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

65. FinMin: Cyprus to reduce debt once pandemic normalises

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

66. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

67. Cyprus records deficit of €800 million in Q2

Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....

68. Cyprus public debt spikes to €24.5 billion due to Covid-19 crisis

Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....

69. Eurozone set for record recession, EU Commission warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

70. China's ambassador responds to US criticism

The Chinese ambassador in Nicosia is firing back at US and media criticism over his country’s response to the coronavirus outbreak, adding that he believes Cyprus will win the battle against the coronavirus...

71. EU leaders call for recovery plan

Cypriot President Nicos Anastasiades took part in a video conference with the EU leaders, as the bloc sought to find common ground on how best to share the burden...

72. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

73. Greek Government to proceed with new island camps, despite reactions

The Greek government is determined to move ahead with its plan to build new holding facilities for migrants and refugees as part of a plan to accelerate asylum procedures and deportations on the five islands hosting camps, its spokesman said on Tuesday, amid reactions to the scheme from island residents....

74. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

75. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

76. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

77. Cabinet approves surplus 2020 budget

The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System ...

78. Overtaxation led to tax evasion

Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...

79. The others were Merkel’s puppets, we were just naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

80. Chinese Ambassador to Cyprus: No one stands to win in a trade war

81. Cyprus fiscal debt at 102,5% of GDP

82. Opposition flaws are democracy’s problem

83. President reiterates commitment to high economic growth

84. Parsimonious northerners are the euro's biggest winners, study shows

Germany and the Netherlands have benefited enormously from the euro over the 20 years since its launch, a study has found, while for almost every other member the single currency has been a serious drag on economic growth....

85. CYTA forecasts budget deficit for 2019

86. Setting goals for the nation

87. Bloomberg reports on J&P Overseas downfall

88. Finance Minister: CCB the weakest link of the banking system

89. Economic growth in Cyprus remains strong

90. There is no economic bubble says Finance Minister