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.
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https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures
Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011.
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https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse
Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry.
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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...
https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse
Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe.
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https://knews.kathimerini.com.cy/en/news/turkey-disregards-international-law-says-cyprus-mfa
In response to the Statement of the Spokesperson of the Ministry of Foreign Affairs of Turkey (19/09/2019) concerning the hydrocarbon–related activities of the Republic of Cyprus in its exclusive economic zone (EEZ) /continental shelf, the Ministry of Foreign Affairs of the Republic of Cyprus notes:
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https://knews.kathimerini.com.cy/en/news/cyprus-fm-highlights-need-for-regional-cooperation-in-the-eastern-mediterranean
The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign Minister Nikos Christodoulides said on Thursday evening.
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https://knews.kathimerini.com.cy/en/business/four-new-partners-at-harris-kyriakides-llc
Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides.
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https://knews.kathimerini.com.cy/en/news/coca-cola-hellenic-buys-out-acque-minerali
Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments.
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https://knews.kathimerini.com.cy/en/comment/opinion/greece-israel-beyond-the-elections
The divided Israeli society has once again failed to reach a clear decision. The results of Tuesday’s elections have cast the country back into a cycle of negotiations. Center-left Benny Gantz and conservative incumbent Benjamin Netanyahu are weighing their options, while former foreign minister Avigdor Lieberman is pursuing the role of potential kingmaker...
https://knews.kathimerini.com.cy/en/news/eu-asylum-agency-sets-up-permanent-office-in-cyprus
Cyprus’ interior minister says the European Union’s asylum agency is setting up a permanent office on the east Mediterranean island nation to help authorities expedite the burgeoning number of asylum claims.
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https://knews.kathimerini.com.cy/en/comment/opinion/looking-for-true-followers
Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures.
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https://knews.kathimerini.com.cy/en/news/johnson-calls-anastasiades-to-touch-base
British Prime Minister Boris Johnson spoke with President Nicos Anastasiades over the phone on Wednesday, discussing the latest developments regarding UK’s withdrawal from the European Union...
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/rights-of-cypriot-nationals-secured-after-brexit
The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus on Wednesday is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a DExEU spokesperson told the Cyprus News Agency in London...
https://knews.kathimerini.com.cy/en/news/activists-chased-in-the-dead-of-night
A group of activists against illegal bird trapping, who took matters into their own hands when they tried to disrupt an unlawful operation in Famagusta, uploaded a video showing they were being chased by local poachers in the dead of night...
https://knews.kathimerini.com.cy/en/business/greek-corporations-rush-to-issue-bonds-amid-record-low-yields
The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing.
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https://knews.kathimerini.com.cy/en/news/get-ready-for-brexit-campaign-launches-in-cyprus
The UK Government launched on Monday a major information campaign urging UK nationals living in Cyprus to get ready for Brexit on 31 October...
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 ...
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/trump-sends-bimonthly-cyprus-report-to-congress
US President Donald Trump has submitted to the Members of the Congress his Bi-monthly Congressional Report on progress toward a negotiated solution of the Cyprus question covering February through March 2019...
https://knews.kathimerini.com.cy/en/news/kyriakides-up-to-the-task-for-eu-health
Cyprus’ EU Commissioner-designate, Stella Kyriakides, who has been selected as the new EU Health Commissioner, says she is ready for the challenge...
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/schinas-to-take-over-as-european-commission-vp
Chief spokesman Margaritis Schinas is slated to fill the post of European Commission vice president, replacing Frans Timmermans in the Number Two role, sources have told Kathimerini Greece....
https://knews.kathimerini.com.cy/en/news/speaker-bercow-champion-of-britain-s-parliament-in-clash-with-johnson-bows-out
House of Commons Speaker John Bercow, champion of Britain’s parliament in its move to rein in Prime Minister Boris Johnson over Brexit, said on Monday he would stand down, issuing a warning to the government not to “degrade” parliament.
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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.
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https://knews.kathimerini.com.cy/en/news/president-launches-exandas-portal-in-a-bid-to-enhance-transparency
The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023.
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https://knews.kathimerini.com.cy/en/comment/opinion/adults-in-the-theaters
The film has been dismissed outright and its director, Costa-Gavras, until recently hailed as one of Greece’s top filmmakers, is suddenly being accused by some of getting carried away. Why? ...
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)...
