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12° Nicosia,
10 July, 2020
 

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Displaying results 1-30 of 318 matches for query Finance.

1. Cabinet green lights creation of deputy ministry for culture

https://knews.kathimerini.com.cy/en/news/cabinet-green-lights-creation-of-deputy-ministry-for-culture

The cabinet on Wednesday gave the green light for initial efforts to be made toward setting up a deputy ministry for culture....

2. All set for implementation of new support measures, FinMin says

https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says

Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....

3. Five new support schemes announced as Cyprus enters recovery stage

https://knews.kathimerini.com.cy/en/news/five-new-support-schemes-announced-as-cyprus-enters-recovery-stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

4. Special needs home has close call with fire

https://knews.kathimerini.com.cy/en/news/special-needs-home-has-close-call-with-fire

Thirteen people were evacuated on Tuesday during a fire at a special needs residential facility in Larnaca, with officials saying a slight delay from first responders could have been deadly...

5. Law for provision of vouchers for cancelled flights illegal, Consumers Association says

https://knews.kathimerini.com.cy/en/news/law-for-provision-of-vouchers-for-cancelled-flights-illegal-consumers-association-says

The Cyprus Consumers Association said Thursday that the new law passed by the Cyprus government for the provision of vouchers as reimbursement for flights cancelled amid the coronavirus outbreak is illegal, as consumers are entitled to a full cash refund....

6. Finance minister makes the case for Cyprus

https://knews.kathimerini.com.cy/en/news/finance-minister-makes-the-case-for-cyprus

Finance Minister Constantinos Petrides is confident the tourism industry in the Republic of Cyprus won’t have a catastrophic year following the pandemic, while calling on Europe to step up its recovery plan equally across the board...

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

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

8. Market sentiment looking up, FinMin says

https://knews.kathimerini.com.cy/en/news/market-sentiment-looking-up-finmin-says

Market sentiment is looking up, Finance Minister Constantinos Petrides said Tuesday after a broad meeting at the Presidential Palace between President Nicos Anastasiades and representatives of financial institutions....

9. Lawmakers to vote on budget for new support measures

https://knews.kathimerini.com.cy/en/news/lawmakers-to-vote-on-budget-for-new-support-measures

The Finance Ministry will be seeking lawmakers’ green light for the supplementary budget of €220 million involving a string of measures to keep the economy afloat after the slowdown brought about by the coronavirus pandemic. ...

10. FinMin delves into details of 'new, more targeted measures'

https://knews.kathimerini.com.cy/en/news/finmin-delves-into-details-of-new-more-targeted-measures

Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....

11. President unveils new stimulus package

https://knews.kathimerini.com.cy/en/news/president-unveils-new-stimulus-package

President Nicos Anastasiades announced on Wednesday a new set of measures to support tourism, businesses, and the self-employed workers that took a hit in the coronavirus pandemic...

12. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

https://knews.kathimerini.com.cy/en/news/repair-and-prepare-eu-unveils-€750-bln-plan-for-coronavirus-recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

13. Sir Stelios wages battle against board

https://knews.kathimerini.com.cy/en/news/sir-stelios-wages-battle-against-board

EasyJet founder Sir Stelios Haji-Ioannou had some harsh words to say about the company’s finance director, with the Greek Cypriot billionaire renewing his call to whistleblowers to help with useful information to scrap an Airbus deal...

14. House passes bills mitigating pandemic repercussions

https://knews.kathimerini.com.cy/en/news/house-passes-bills-mitigating-pandemic-repercussions

The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....

15. Cyprus plans to tap into ESM’s pandemic credit line

https://knews.kathimerini.com.cy/en/news/cyprus-to-apply-for-financial-assistance-from-esm-s-pandemic-crisis-support

Cyprus will tap into the European Stability Mechanism’s Pandemic Crisis Support fund to cover its elevated healthcare expenditure which came as a result of the coronavirus outbreak, Finance Minister Constantinos Petrides said Thursday. ...

16. Greek economy to get multi-billion-euro lifeline

https://knews.kathimerini.com.cy/en/news/greek-economy-to-get-multi-billion-euro-lifeline

Prime Minister Kyriakos Mitsotakis will announce steps to revive the economy in a televised address on Wednesday. These steps will be mainly focused on tourism but will also concern other sectors affected by the coronavirus pandemic. ...

17. Cabinet scraps bill for government loan guarantees

https://knews.kathimerini.com.cy/en/news/cabinet-scraps-bill-for-government-loan-guarantees

The Cabinet on Tuesday withdrew a bill that would allow the government to provide guarantees for loans to be given to businesses affected by the coronavirus pandemic....

18. Cabinet in tight spot talks measures

https://knews.kathimerini.com.cy/en/news/cabinet-in-tight-spot-talks-measures

The President’s Cabinet is discussing the ease of measures ahead of a meeting later this week with health experts, amid reports there could be second thoughts among scientists...

19. The crisis is here and should not be underestimated, FinMin warns parties

https://knews.kathimerini.com.cy/en/news/the-crisis-is-here-and-should-not-be-underestimated-finmin-warns-parties

As political parties continue to quarrel over a bill seeking to release government funds as guarantees for loans to businesses hit affected by the coronavirus outbreak, Cyprus Minister of Finance Constantinos Petrides warned that “the crisis is here and should not be underestimated.”...

20. The market needs oxygen, FinMin says

https://knews.kathimerini.com.cy/en/news/the-market-needs-oxygen-finmin-says

The market needs oxygen, Finance Minister Constantinos Petrides said Monday, stressing that the least citizens expect from politicians is to reach a consensus in order to support the economy in line with a prudent policy without placing it in further danger....

21. Cabinet approves new bundle of support measures

https://knews.kathimerini.com.cy/en/news/1-cabinet-approves-new-bundle-of-support-measures

The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak....

22. Exit roadmap foresees economy on recovery path by Q3 2020

https://knews.kathimerini.com.cy/en/news/exit-roadmap-foresees-economy-on-recovery-path-by-q3-2020

Finance Minister Constantinos Petrides said Thursday that the government’s lockdown exit roadmap, aspects of which were presented by the President on Wednesday night, aims to see the island’s economy on the path of recovery by the fourth quarter of this year....

23. Energy company proposes installation of an FRSU in Cyprus

https://knews.kathimerini.com.cy/en/news/energy-company-proposes-installation-of-an-frsu-in-cyprus

Oslo-based company Hoegh LNG confirmed Friday it has submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus and has sent letters to top government officials outlining its benefits....

24. Michael Kyprianou & Co LLC recognised internationally as a Leading Cyprus Law Firm

https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-recognised-internationally-as-a-leading-cyprus-law-firm

Michael Kyprianou & Co LLC had the honour of been recommended for all its areas of practice. At the same time it has received top tier recognition in the fields of Dispute Resolution, Employment Law and Real Estate & Construction Law....

25. Cyprus to prepare three-stage coronavirus exit strategy

https://knews.kathimerini.com.cy/en/news/cyprus-to-prepare-three-stage-coronavirus-exit-strategy

The Cabinet on Wednesday approved the island’s lockdown exit strategy, which foresees the resumption of the operation of vital sectors of the economy in early May....

26. Government funds not unlimited, Finance Minister warns

https://knews.kathimerini.com.cy/en/news/government-funds-are-not-unlimited-finance-minister-warns

Finance Minister Constantinos Petrides said Monday that the government does not have unlimited funds with which to support the local economy during these tough times....

27. 'We've learnt nothing' from euro crisis, ex EC president Juncker says

https://knews.kathimerini.com.cy/en/news/we-ve-learnt-nothing-from-euro-crisis-ex-ec-president-juncker-says

In an interview with Politico's Brussels Playbook, former European Commission President Jean-Claude Juncker has expressed his disappointment over the discord that emerged between euro zone countries in their attempts to come up with a joint response to the economic fallout of the coronavirus pandemic. ...

28. President: Lockdown measures extended until end of April

https://knews.kathimerini.com.cy/en/news/president-measures-extended-until-end-of-april

Lockdown and other measures in place to contain the coronavirus outbreak will be extended until April 30, with no exceptions to be made during the Orthodox Easter period, President Nicos Anastasiades said in his televised national address on Wednesday night....

29. Over 23,000 applications filed for suspension of loan payments

https://knews.kathimerini.com.cy/en/news/over-23-000-applications-filed-for-suspension-of-loan-payments

More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....

30. Euro zone ministers look for economy quick fixes

https://knews.kathimerini.com.cy/en/news/euro-zone-ministers-look-for-economy-quick-fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

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