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12° Nicosia,
01 April, 2020
 

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Displaying results 1-30 of 82 matches for query Fiscal.

1. Coronavirus’ impact on local businesses

https://knews.kathimerini.com.cy/en/business/coronavirus-impact-on-local-businesses

The organisation’s experts discuss the developments and analyse the measures that need to be taken to address the challenges...

2. Tax alert: Cyprus

https://knews.kathimerini.com.cy/en/business/tax-alert-cyprus

3. EU to launch €37bn coronavirus investment initiative

https://knews.kathimerini.com.cy/en/news/eu-to-launch-€37bn-coronavirus-investment-initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

4. Coronavirus cases in Greece rise to eight

https://knews.kathimerini.com.cy/en/news/coronavirus-cases-in-greece-rise-to-eight

Greece has confirmed a new case of coronavirus, the Health Ministry said Wednesday, bringing the total number of coronavirus infections in the country to eight....

5. Greek PM meets with five EU leaders over bloc's budget

https://knews.kathimerini.com.cy/en/news/greek-pm-meets-with-five-eu-leaders-over-bloc-s-budget

Greek Prime Minister Kyriakos Mitsotakis held talks in Brussels on Friday with the leaders of Germany Angela Merkel, France Emmanuel Macron, Spain Pedro Sanchez, Italy Giuseppe Conte and Portugal Antonio Costa in a bid to break a deadlock in negotiations for the European Union’s 2021-2027 budget....

6. Cyprus enjoys strong growth prospects but contingent liabilities remain

https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

7. Senate-approved EastMed on Trump’s desk

https://knews.kathimerini.com.cy/en/news/senate-approved-eastmed-on-trump-s-desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

8. Turkey warns US over Cyprus arms embargo

https://knews.kathimerini.com.cy/en/news/turkey-denounces-move-to-end-cyprus-arms-embargo

Ankara has warned Washington that an impending lift of a US arms embargo on the Republic of Cyprus is a “dangerous escalation” that would hamper efforts to reach a peace settlement on the divided island...

9. House passes 2020 budget

https://knews.kathimerini.com.cy/en/news/house-passes-2020-budget

The House of Representatives voted the state budget for 2020 on Wednesday evening with 29 votes in favour and 23 against...

10. US arms embargo to be lifted on conditions

https://knews.kathimerini.com.cy/en/news/us-arms-embargo-to-be-lifted-on-conditions

President Donald Trump will have discretion over a current US arms embargo imposed on Cyprus, as both Senate and House conferees have reached an agreement on the defence budget for next year...

11. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

12. Cyprus fiscal surplus at 4.3% of GDP

https://knews.kathimerini.com.cy/en/news/cyprus-fiscal-surplus-at-4-3-of-gdp

Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus. ...

13. 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...

14. 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...

15. 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 ...

16. 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 ...

17. 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...

18. 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. ...

19. 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....

20. Greece approves cut on property tax, eases arrears payment

https://knews.kathimerini.com.cy/en/news/greece-approves-cut-on-property-tax-eases-arrears-payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

21. Moody’s calls for reform implementation to boost Greek growth

https://knews.kathimerini.com.cy/en/news/moody-s-calls-for-reform-implementation-to-boost-greek-growth

Greece’s credit profile is constrained by the country’s elevated debt burden, moderate growth prospects and weak banking system, Moody's Investors Service said in an annual report Thursday, adding that the new government’s implementation of reforms agreed with lenders would bolster growth....

22. 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.'' ...

23. Eurogroup rules out any talk of primary surplus target reduction for Greece

https://knews.kathimerini.com.cy/en/news/eurogroup-rules-out-any-talk-of-primary-surplus-target-reduction-for-greece

Discussion on Greece was brief at Monday’s Eurogroup, but the council of eurozone finance minsters sent a clear message to Athens that creditors are ready to cooperate with the new government while warning that the handouts announced in May by the previous administration are putting growth and fiscal targets at risk...

24. The others were Merkel’s puppets, we were just naive

https://knews.kathimerini.com.cy/en/comment/opinion/the-others-were-merkel-s-puppets-we-were-just-naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

25. US bill calls for end to Russian military vessels refueling in Cyprus

https://knews.kathimerini.com.cy/en/news/us-bill-calls-for-end-of-russian-military-vessels-refueling-in-cyprus

The Eastern Mediterranean Security and Energy Partnership Act of 2019 would allow the U.S. to fully support the trilateral partnership of Israel, Greece, and Cyprus through energy and defense cooperation initiatives...

26. When necessity becomes history

https://knews.kathimerini.com.cy/en/comment/opinion/when-necessity-becomes-history

27. Fiscal Council: Implement reforms and maintain surpluses

https://knews.kathimerini.com.cy/en/news/fiscal-council-implement-reforms-and-maintain-surpluses

28. Anastasiadescare

https://knews.kathimerini.com.cy/en/comment/opinion/anastasiadescare

29. IMF: Cyprus economic recovery gradually decelerating but remains strong

https://knews.kathimerini.com.cy/en/business/imf-cyprus-economic-recovery-gradually-decelerating-but-remains-strong

30. A new chapter for Greece

https://knews.kathimerini.com.cy/en/comment/opinion/a-new-chapter-for-greece
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