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30° Nicosia,
20 October, 2019
 

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Displaying results 1-30 of 336 matches for query Economy.

1. Pence urges Erdogan to halt operation

https://knews.kathimerini.com.cy/en/news/pence-urges-erdogan-to-halt-operation

US Vice President Mike Pence met President Tayyip Erdogan in Turkey on Thursday on a mission to persuade him to halt an offensive against Kurdish fighters in northeast Syria, but Turkish officials said the action would continue regardless...

2. Last straw as Johnson heads to Brussels

https://knews.kathimerini.com.cy/en/news/last-straw-as-johnson-heads-to-brussels

European Union leaders’ two-day summit in Brussels starting on Thursday will be dominated by last-gasp efforts to seal a deal on Britain’s exit from the bloc despite a raft of other pressing issues, from the crisis in the Middle East to the bloc’s budget...

3. Financial Services towards Artificial Intelligence and Machine Learning

https://knews.kathimerini.com.cy/en/business/financial-services-towards-artificial-intelligence-and-machine-learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

4. Johnson vows to stay put to hit Oct. 31 Brexit deadline

https://knews.kathimerini.com.cy/en/news/johnson-vows-to-stay-put-to-hit-oct-31-brexit-deadline

Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31. ...

5. Government to introduce Green Tax Reform by 2021

https://knews.kathimerini.com.cy/en/news/government-to-introduce-green-tax-reform-by-2021

Minister of Finance Harris Georgiades said on Thursday that the government would introduce in 2021 a “Green Tax Reform”. Georgiades was speaking to the press on the sidelines of the 20th Global Conference on Environmental Taxation which took place in Limassol...

6. K.Treppides & Co Ltd: Time Value of Money

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-time-value-of-money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

7. USA blacklists oil company in Cyprus

https://knews.kathimerini.com.cy/en/business/usa-blacklists-oil-company-in-cyprus

An oil company registered in Cyprus has been blacklisted by US officials who blocked a total of four vessels for transporting Venezuelan oil to Cuba...

8. Mitsotakis in New York – opportunities, substance, results

https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-in-new-york-–-opportunities-substance-results

This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings. ...

9. Moody's changes Cyprus outlook to positive

https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

10. Cyprus to fully repay IMF loan in 2020

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 ...

11. Cabinet approves surplus 2020 budget

https://knews.kathimerini.com.cy/en/news/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 ...

12. Israel's Netanyahu fights for record fifth term

https://knews.kathimerini.com.cy/en/news/israel-s-netanyahu-fights-for-record-fifth-term-in-do-over-election

Israeli Prime Minister Benjamin Netanyahu faces a battle for political survival in a closely fought election on Tuesday that could end his 10-year domination of national politics. ...

13. Cavusoglu speaks to Kathimerini

https://knews.kathimerini.com.cy/en/news/cavusoglu-speaks-to-kathimerini

Our meeting with the Turkish Foreign Minister Mevlut Cavusoglu took place in Famagusta on September 9, 2019, the day the Turkish official entered the fenced-off town of Varosha ...

14. US ambassador cautions Nicosia over 5G

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...

15. Johnson again bids for snap poll as Brexit delay bill to become law

https://knews.kathimerini.com.cy/en/news/johnson-again-bids-for-snap-poll-as-brexit-delay-bill-to-become-law

British Prime Minister Boris Johnson will try for a second time on Monday to call a snap election, but is set to be thwarted once more by opposition lawmakers who want to ensure he cannot take Britain out of the European Union without a divorce agreement. With no majority in parliament, which is determined to prevent what many businesses fear would be a calamitous way to quit the EU, Johnson wants to hold an election to keep his promise of leaving by Oct. 31, with or without an agreement. ...

16. Overtaxation led to tax evasion

https://knews.kathimerini.com.cy/en/business/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)...

17. Finance minister pleased with Waters’ visit

https://knews.kathimerini.com.cy/en/news/finance-minister-pleased-with-waters-visit

Finance Minister Harris Georgiades says a visit by a US delegation affirms that Cyprus is on the right track in combating money laundering, following a statement by California Congresswoman Maxine Waters who said “Cyprus is up to the challenge....

18. Scope rates Cyprus with BBB-

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...

19. Macron sends stern warning to Ankara

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...

20. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

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. ...

21. Greek PM in charm offensive aiming to ease primary surplus targets

https://knews.kathimerini.com.cy/en/news/greek-pm-in-charm-offensive-aiming-to-ease-primary-surplus-targets

Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....

22. Trump’s yuan move makes a China deal much harder

https://knews.kathimerini.com.cy/en/news/trump-s-yuan-move-makes-a-china-deal-much-harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

23. Stella Kyriakidou: Climate change and gender equality a priority for the EU

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....

24. Trump hits China with more tariffs, sharply escalating trade dispute

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. ...

25. Central Banker mulls bridging framework on foreclosures

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...

26. The first visits to Washington and Jerusalem

https://knews.kathimerini.com.cy/en/comment/opinion/the-first-visits-to-washington-and-jerusalem

It’s only three weeks since Nikos Dendias took over the foreign affairs portfolio, but he has already sent a pretty clear signal regarding the new government’s foreign policy priorities...

27. Dombrovskis: The EU leads the world in the battle against climate change

https://knews.kathimerini.com.cy/en/news/dombrovskis-the-eu-leads-the-world-in-the-battle-against-climate-change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

28. Britain begins escorting all UK vessels through Hormuz Strait

https://knews.kathimerini.com.cy/en/news/britain-begins-escorting-all-uk-vessels-through-hormuz-strait

Britain has started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so. ...

29. Stepping into power, Johnson seeks more diverse cabinet

https://knews.kathimerini.com.cy/en/news/stepping-into-power-johnson-seeks-more-diverse-cabinet

Taking over as prime minister on Wednesday, Boris Johnson is expected to unveil a more diverse top team in a government to be tasked with delivering Brexit by the end of October, with or without a deal. ...

30. Foreclosure legislation deemed unconstitutional

https://knews.kathimerini.com.cy/en/news/foreclosure-legislation-deemed-unconstitutional

Finance Minister Haris Georgiades said on Tuesday that "a legislative framework must be effective, it must not change frequently, in order to create a trustworthy framework that will enable us to manage this last remaining problem of non-performing loans.'' ...

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