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12° Nicosia,
20 September, 2020
 

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Displaying results 1-30 of 331 matches for query Finance.

1. Pompeo coming to sound Nicosia out

https://knews.kathimerini.com.cy/en/news/pompeo-coming-to-sound-nicosia-out

US Secretary of State Mike Pompeo is expected to arrive in Cyprus on Saturday evening, a day after surprising reporters on a plane en route to Doha saying he wanted to swing by the island to hear a fresh perspective on regional tensions...

2. Solar panels being installed in over 400 Cyprus schools

https://knews.kathimerini.com.cy/en/news/solar-panels-being-installed-in-over-400-cyprus-schools

Education Minister Prodromos Prodromou said Tuesday that the Cyprus Electricity Authority has begun the process of insulating and installing solar panels at 405 schools across Cyprus, allowing schools to take on the extra electricity load of air conditioners that are desperately needed as the heatwave rages on. Currently, 107 schools have solar panels....

3. Russia’s top diplomat visits Cyprus

https://knews.kathimerini.com.cy/en/news/russia-s-top-diplomat-visits-cyprus

Russian Foreign Minister Sergey Lavrov is flying to the Republic of Cyprus on Monday where a new agreement is expected to be signed on the avoidance of double taxation between the two countries...

4. Government extends support schemes until end October

https://knews.kathimerini.com.cy/en/news/government-extends-support-schemes-until-end-october

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

5. Golden passports scheme to remain as is

https://knews.kathimerini.com.cy/en/comment/opinion/golden-passports-scheme-to-remain-as-is

The citizenship-by-investment program will not be terminated, nor will it be suspended for a short period as a way of managing the crisis developing crisis, the government decided during its Tuesday morning coffee at the Presidential Palace. What was strongly tabled was that a potential freezing or termination of the investment program at this point in time would send a message that the government is acting in light of the Al Jazeera publications, and that by extension, that it accepts them....

6. EU ‘very clear’ on expectations from Turkey for de-escalation

https://knews.kathimerini.com.cy/en/news/eu-‘very-clear-on-expectations-from-turkey-for-de-escalation

The message, the expectations, the timeline and the consequences of not acting towards a de-escalation of tension in the Eastern Mediterranean were “made clear” to Turkey, both via the informal Foreign Affairs Council last week in Berlin and in the telephone call on Monday between EU High Representative Josep Borrell and Turkish Foreign Minister Mevlut Cavusoglu, according to EU foreign policy spokesman Peter Stano....

7. Construction of the Sewage System in Pyrgos and Parekklisia

https://knews.kathimerini.com.cy/en/business/construction-of-the-sewage-system-in-pyrgos-and-parekklisia

Α ceremony took place on Friday 28/8/2020 at the Multipurpose Center of the Community of Pyrgos, for the signing of the Contracts for the construction of the Sewerage System in the Communities of Pyrgos and Parekklisia...

8. EU keeps expanding future vaccine portfolio

https://knews.kathimerini.com.cy/en/news/eu-keeps-expanding-future-vaccine-portfolio

EU Health Commissioner Stella Kyriakides said the European Commission has concluded exploratory talks with CureVac to purchase a potential vaccine against COVID-19...

9. Cyprus and Russia come to terms

https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms

It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...

10. Greek PM tweaks cabinet to increase efficiency on economy, labor and environment

https://knews.kathimerini.com.cy/en/news/greek-pm-tweaks-cabinet-to-increase-efficiency-on-economy-labor-and-environment

Prime Minister Kyriakos Mitsotakis has introduced changes to the makeup of his cabinet aimed at increasing its “operational efficiency,” government spokesman Stelios Petsas said on Tuesday....

11. Cyprus perturbed over Russia tax move

https://knews.kathimerini.com.cy/en/news/cyprus-perturbed-over-russia-tax-move

Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...

12. Cyprus refuses to offer Covid-19 tests to British tourists

https://knews.kathimerini.com.cy/en/news/cyprus-refuses-to-offer-covid-19-tests-to-british-tourists

The Cyprus government on Thursday officially put an end to hopes of local hoteliers that it would offer coronavirus tests to British tourists upon arrival on the island....

13. Cyprus to draw over €2.7b from EU pandemic recovery fund

https://knews.kathimerini.com.cy/en/news/cyprus-to-draw-over-€2-7b-from-eu-pandemic-recovery-fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

14. 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....

15. 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....

16. 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....

17. 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...

18. 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....

19. 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...

20. 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....

21. 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....

22. 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. ...

23. 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....

24. 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...

25. 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....

26. 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...

27. 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....

28. 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. ...

29. 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. ...

30. 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....

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