https://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes
President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...
https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal
The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...
https://knews.kathimerini.com.cy/en/business/overall-retail-rise-not-overshadowed-by-slight-drop
Retail trade volume in Cyprus dropped by 0.8% in April 2018 compared to March, but rose by 5.8% since a year ago...
https://knews.kathimerini.com.cy/en/news/house-prepares-to-define-good-and-bad-borrowers
The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...
https://knews.kathimerini.com.cy/en/news/cyprus-jobless-drop-in-may-biggest-in-the-eu
Cyprus recorded the largest unemployment drop in the European Union for May 2018, dropping to 8.4% from 8.6% the previous month...
https://knews.kathimerini.com.cy/en/news/bad-loans-revive-mp-financial-disclosure-debate
A ruthless debate is picking up steam among members of parliament following public discussion and media coverage that raises the issue of conflict of interest ahead of a crucial vote on bad loans...
https://knews.kathimerini.com.cy/en/news/ag-names-investigators-to-comb-though-entire-co-op
A former judge, an economist, and a banker will make up the executive committee that will investigate any suspicious dealings that took place in the troubled Cypriot co-op...
https://knews.kathimerini.com.cy/en/news/nd-tsipras-s-delusions-delayed-debt-deal-by-four-years
Commenting on the debt deal for Greece secured at the Eurogroup summit early on Friday, conservative New Democracy said that agreement could have been achieved in 2015 if Alexis Tsipras, then opposition leader, had not been "peddling his delusions on the backs of Greek citizens."...
https://knews.kathimerini.com.cy/en/business/esm-warns-cypriot-banks-of-quick-fixes
The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...
https://knews.kathimerini.com.cy/en/news/new-push-in-the-uk-for-direct-flights-in-the-north
The Turkish Cypriot Chamber of Commerce is lending its support to a new petition in the UK, sponsored by a British conservative MP, who is pushing for direct flights to the north one year after the Pegasus restrictions...
https://knews.kathimerini.com.cy/en/business/capital-controls-eased-further-as-of-monday
Capital controls were eased further on Monday with depositors now permitted to withdraw a monthly maximum of 5,000 euros from bank accounts, up from 2,300 euros....
https://knews.kathimerini.com.cy/en/business/turkish-aid-to-north-comes-to-430-million
The Turkish Cypriot economy is expected to get a boost from Turkish aid in 2018, with approximately €430 million being spent in different areas of the self-declared state in the north...
https://knews.kathimerini.com.cy/en/business/passport-scheme-could-bring-‘dutch-disease-in-cyprus
The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...
https://knews.kathimerini.com.cy/en/life/turkey-s-muslim-friendly-holidays-find-a-modest-place-in-the-sun
Turkey’s $26 billion tourism industry has been battered by security fears and political disputes in recent years but one corner of the market is quietly growing - beach holidays for conservative Muslims...
https://knews.kathimerini.com.cy/en/news/britons-dash-to-become-german-before-brexit
Driven by the prospect of Britain’s withdrawal from the European Union next year, the number of British passport holders who became German citizens jumped by 162 percent last year, Germany’s Federal Statistics Office said on Wednesday...
https://knews.kathimerini.com.cy/en/business/cyprus-forecasts-high-gdp-growth-of-3-plus-until-2021
High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...
https://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 ...
https://knews.kathimerini.com.cy/en/news/venezuela-s-re-elected-maduro-faces-overseas-censure
Venezuela’s socialist leader Nicolas Maduro faced fresh international censure on Monday after re-election in a vote foes denounced as a farce cementing autocracy in the crisis-stricken OPEC nation...
https://knews.kathimerini.com.cy/en/comment/opinion/the-first-modern-islamist-fundamentalist-conquest-of-the-west
New revelations expose Turkey stealthily positioning itself to attempt to permanently possess the northern third of Cyprus which is rich in hydrocarbons...
https://knews.kathimerini.com.cy/en/business/cyprus-malta-greece-want-red-tape-cut-to-boost-shipping
The shipping ministers of Cyprus, Malta and Greece say they want the European Union to cut red tape holding back growth in the sector, which they say provides 2.1 million jobs and 142 billion euros to Europe's economy...
https://knews.kathimerini.com.cy/en/comment/europe-s-walls-and-italy
A coalition government between two Italian parties that are ready to challenge core European Union rules and practices will show whether the Union still has reserves of strength or whether decay and fragmentation are inevitable...
https://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...
https://knews.kathimerini.com.cy/en/business/cyprus-has-lowest-annual-inflation-in-the-eu
Cyprus registered the lowest annual inflation in the European Union for April 2018, with a rate of -0.3%, according to Eurostat....
https://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...
https://knews.kathimerini.com.cy/en/news/erdogan-slams-rating-agencies-for-upgrading-bankrupt-greece
Turkish President Recep Tayyip Erdogan took a fresh swipe at rating agencies on Friday over the recent downgraded and the negative outlook they have assigned for the Turkish economy, using “bankrupt” Greece as an example....
https://knews.kathimerini.com.cy/en/news/trump-seeks-very-meaningful-summit-in-with-n-korea
US President Donald Trump has high hopes of “doing something very meaningful” to curtail North Korea’s nuclear ambitions at a summit in Singapore next month, after Pyongyang smoothed the way for talks by freeing three American prisoner...
https://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...
https://knews.kathimerini.com.cy/en/news/serbia-can-depend-on-cyprus-as-a-credible-ally-and-friend-in-europe
President Anastasiades said Serbia should consider Cyprus a reliable partner within the EU as Belgrade aims for membership and underlined that the future of Serbia must be in Europe...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/news/eu-can-t-save-iran-deal-after-trump-nuked-it
European countries are powerless to salvage the nuclear deal with Iran after the United States pulled out, the deputy head of the elite Iranian Revolutionary Guards (IRGC) said ...
