https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020
According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP
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https://knews.kathimerini.com.cy/en/news/eni-total-join-for-another-gas-search-license-off-cyprus
Cyprus’ energy minister says a consortium composed of energy companies Total of France and Eni of Italy has been licensed to explore for natural gas deposits in another area off Cyprus’ southern coast...
https://knews.kathimerini.com.cy/en/news/anastasiades-turkey-s-aim-for-control-scuppers-peace
Turkey is undercutting efforts to quickly revive peace talks aimed at solving Cyprus’ decades-long ethnic split by imposing unacceptable terms, the island nation’s president said Tuesday...
https://knews.kathimerini.com.cy/en/comment/opinion/the-next-six-months-are-crucial
Since July’s general election, there has been a sense of optimism regarding the country’s course, especially in business circles, inside and outside of Greece. As we learn in the first lessons in economics, climate is everything. At the moment, we have a winning combination of trust and euphoria...
https://knews.kathimerini.com.cy/en/news/minister-says-migration-‘extremely-challenging
Interior Minister Constantinos Petrides says the numbers of asylum applicants are going up, increasing the social and economic burden on the island...
https://knews.kathimerini.com.cy/en/business/us-ambassador-cautions-nicosia-over-5g
Nicosia is feeling the pressure over 5G technology as the Republic is caught in an international tech war between superpowers, only months away from state-owned Cyta making a move to upgrade its network...
https://knews.kathimerini.com.cy/en/news/migration-and-geopolitics
The significant increase in the arrival of refugees and migrants recorded on Greece’s Aegean islands over the past few weeks is cause for concern as it indicates that Turkey is seeking to exploit the issue in order to remind the European Union of Ankara’s critical role in containing inflows.
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https://knews.kathimerini.com.cy/en/news/more-us-energy-companies-to-operate-in-cyprus-us-ambassador-says
US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...
https://knews.kathimerini.com.cy/en/news/brexit-no-deal-preparedness-final-commission-call-to-all-eu-citizens-and-businesses
With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...
https://knews.kathimerini.com.cy/en/news/escrow-account-the-key-to-cyprus-eez
Kathimerini reports that President Anastasiades, in an effort to de-escalate tensions in the Cypriot exclusive economic, proposed the creation of an escrow account that would safeguard the Turkish Cypriot community's share from the natural gas proceeds...
https://knews.kathimerini.com.cy/en/news/churchill-s-grandson-to-be-expelled-from-conservative-party
Nicholas Soames, the grandson of Britain’s World War Two leader Winston Churchill, will be expelled from the Conservative Party after voting against Prime Minister Boris Johnson on Brexit...
https://knews.kathimerini.com.cy/en/news/nicosia-says-terms-of-reference-are-within-reach
Government Spokesman, Prodromos Prodromou, said on Monday that it seems that there is justified hope and ground for the formulation of the terms of reference that would pave the way for the resumption of the negotiations on the Cyprus problem.
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https://knews.kathimerini.com.cy/en/news/estia-scheme-kicks-in-for-eligible-borrowers
The Estia plan aimed at boosting borrowers’ ability to repay their defaulted loans went into effect on Monday, as the Cypriot government embarks on a scheme to subsidize repayments of restructured loans...
https://knews.kathimerini.com.cy/en/news/locals-stage-protest-on-lara-beach
A protest in favour of local exploitation of Lara beach was held on Sunday in response to activists and state officials who recently reiterated that illegal human activity on turtle nesting sites will not be tolerated...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/macron-sends-stern-warning-to-ankara
In a show of solidarity with Cyprus, French President Emmanuel Macron sent a stern message to Turkey on Thursday that Paris and the European Union will not tolerate violations in the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/common-interest-for-talks-but-disagreements-on-serious-issues-remain
President Anastasiades said that there is a positive climate and a common basis on which the talks for a Cyprus settlement can take place, noting, at the same time, that disagreements on serious issues remain, but there is an agreement that differences cannot be bridged without dialogue.
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https://knews.kathimerini.com.cy/en/news/interview-with-endy-zemenides
Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...
https://knews.kathimerini.com.cy/en/news/cyprus-leaders-meeting-underway
An informal meeting between President of Cyprus, Nicos Anastasiades, and Turkish Cypriot leader, Mustafa Akinci, is underway at the UN Protected Area in Nicosia in an effort to find common ground for the two leaders to resume negotiations after more than two years.
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https://knews.kathimerini.com.cy/en/business/moody-s-expects-deleveraging-to-resume-but-warns-over-small-economy-and-high-level-of-debt
The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report.
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https://knews.kathimerini.com.cy/en/news/1st-energy-ministerial-meeting-full-support-for-cyprus-and-greece-s-stance-on-regional-energy-issues
Full support for Cyprus' and Greece's stance on regional energy issues and for the expansion of security and environmental co-operation is the outcome of the 1st Energy Ministerial Meeting, held in Athens on Wednesday, and participated by Greece, Cyprus, Israel and the United States...
https://knews.kathimerini.com.cy/en/news/kastellorizo-ignored-by-turkey-in-eez-map
Turkish Foreign Minister Mevlut Cavusoglu presented a map Monday of Turkey’s exclusive economic zone (EEZ) stretching south of the southeastern Aegean island of Rhodes to a few miles west of Paphos on Cyprus’ western coast.
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https://knews.kathimerini.com.cy/en/news/president-anastasiades-aims-at-a-creative-meeting-with-akinci-spokesman-says
The President of Cyprus Nicos Anastasiades aims at a creative meeting with Turkish Cypriot leader Mustafa Akinci, on Friday, in a bid to create the necessary conditions for the resumption of settlement talks, Prodromos Prodromou said on Monday....
https://knews.kathimerini.com.cy/en/news/stella-kyriakidou-climate-change-and-gender-equality-a-priority-for-the-eu
There have been many who have questioned the EU because of the economic crisis that has emerged in recent years. Today we are coming out of this crisis and we realize that the EU still has a lot to offer....
https://knews.kathimerini.com.cy/en/news/trump-hits-china-with-more-tariffs-sharply-escalating-trade-dispute
U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets.
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https://knews.kathimerini.com.cy/en/news/greece-s-energean-snaps-up-four-new-israeli-offshore-licenses
Israel-focused Greek oil and gas group Energean was awarded four new Israeli offshore licenses in the so-called Exclusive Economic Zone, the company said on Wednesday...
https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/news/central-banker-mulls-bridging-framework-on-foreclosures
The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...
https://knews.kathimerini.com.cy/en/news/foreign-ministers-of-cyprus-and-egypt-to-meet-in-nicosia
Minister of Foreign Affairs Nikos Christodoulides and his Egytian counterpart, Sameh Shoukry will meet in Nicosia on Wednesday with the latter paying a one-day working visit to the island....
https://knews.kathimerini.com.cy/en/news/east-med-an-issue-for-82-million-turks-energy-minister-says
The Eastern Mediterranean is an issue for 82 million Turks, Turkey's Energy Minister Fatih Donmez has said, declaring that the country will not back down in its demands...
