CLOSE
Loading...
12° Nicosia,
29 March, 2024
 

Search

Displaying results 61-90 of 267 matches for query Fiscal.

61. 2024 budget points to surplus and debt reduction

https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction

The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....

62. CBC governor joins EU leaders in Frankfurt

https://knews.kathimerini.com.cy/en/news/cbc-governor-joins-eu-leaders-in-frankfurt

The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, is in Frankfurt, Germany, to participate in the meeting of the Governing Council of the European Central Bank (ECB)....

63. Government cuts interest income rates from 30% to 17%

https://knews.kathimerini.com.cy/en/news/government-cuts-interest-income-rates-from-30-to-17

The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors. ...

64. Government extends zero VAT on essentials

https://knews.kathimerini.com.cy/en/news/government-extends-zero-vat-on-essentials

The government has decided to extend the application of the zero VAT rate on essential goods for another six months, with Finance Minister Makis Keraynos announcing the addition of coffee and sugar to the list of exempted products....

65. Recovery and Resilience measures target non-performing loans

https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

66. US eases defense trade rules for Cyprus in 2024

https://knews.kathimerini.com.cy/en/news/us-eases-defense-trade-rules-for-cyprus-in-2024

The US Secretary of State has lifted the Defense Trade Restrictions on the Republic of Cyprus for the fiscal year 2024....

67. Cyprus faces deceleration amid inflation and rising rates

https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

68. GDP alert: Economic storm brewing?

https://knews.kathimerini.com.cy/en/news/gdp-alert-economic-storm-brewing

Former Minister of Finance, Konstantinos Petrides, comments on the GDP results for the 2nd quarter with five observations....

69. How many public servants does it take to boil an egg?

https://knews.kathimerini.com.cy/en/comment/opinion/how-many-public-servants-does-it-take-to-boil-an-egg

In a hilariously bureaucratic process, boiling an egg in Cyprus' public service requires a series of convoluted steps. ...

70. Eurobank Cyprus reports soaring profits amid rising interest rates

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

71. Government achieves €155.5M surplus in 2023

https://knews.kathimerini.com.cy/en/news/government-achieves-€155-5m-surplus-in-2023

Cyprus government's surplus for the first half of 2023 increased to €155.5 million, equivalent to 0.5% of GDP, compared to a deficit of €92.4 million (-0.3% of GDP) for the period of January-June 2022, based on preliminary fiscal results from the Statistical Service of Cyprus. ...

72. Spain: Youngsters to receive 20,000 euros upon turning 18

https://knews.kathimerini.com.cy/en/news/spain-youngsters-to-receive-20-000-euros-upon-turning-18

A universal inheritance is proposed by the Minister of Labor of Spain, Yolanda Diaz, as a means to address social inequalities. Under this framework, all young people living in Spain would receive 20,000 euros after they turn 18....

73. Cabinet pulls plug on fuel subsidies

https://knews.kathimerini.com.cy/en/news/cabinet-pulls-plug-on-fuel-subsidies

Temporary fuel state subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified...

74. President Christodoulides unveils government's 100-Day report card

https://knews.kathimerini.com.cy/en/news/president-christodoulides-unveils-government-s-100-day-report-card

During a press conference held today, President Christodoulides provided insights into the state of the government after his first 100 days in office and responded to various questions from journalists....

75. Cyprus economy thrives: FinMin foresees robust growth and fiscal stability

https://knews.kathimerini.com.cy/en/news/cyprus-economy-thrives-finmin-foresees-robust-growth-and-fiscal-stability

During the 2023 Annual General Meeting of the Cyprus Bankers Association, the Minister of Finance, Mr. Makis Keravnos, discussed the current state and future prospects of the Cyprus economy, particularly focusing on the banking sector. ...

76. FinMin underlines the importance of disciplined policy

https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

77. IMF says Cyprus untouched by war fallout

https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

78. Divestments trigger a risk of backlash in the Recovery Fund

https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

79. Cyprus exits enhanced surveillance ten years after crisis

https://knews.kathimerini.com.cy/en/news/cyprus-exits-enhanced-surveillance-ten-years-after-financial-crisis

Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...

80. Christodoulides: Shift allowances and overtime compensation from 2024

https://knews.kathimerini.com.cy/en/news/christodoulides-shift-allowances-and-overtime-compensation-from-2024

President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....

81. Cyprus and Netherlands seal double taxation deal

https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-seal-double-taxation-deal

Cyprus' Minister of Finance, Makis Keravnos, expressed his satisfaction for the conclusion of negotiations on a double taxation avoidance agreement with the Netherlands in a meeting Thursday with the Ambassador of the Netherlands in Cyprus, Elke Merks-Schaapveld, according to a press release by the Ministry of Finance....

82. As Greek elections loom, parties vie for votes of ‘lost generation’

https://knews.kathimerini.com.cy/en/news/as-greek-elections-loom-parties-vie-for-votes-of-‘lost-generation

Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...

83. 0% VAT rate, the second round

https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

84. Labor Minister proposes compromise on CoLA issue

https://knews.kathimerini.com.cy/en/news/labor-minister-proposes-compromise-on-cola-issue

Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....

85. Fiscal surplus of €570.2 mn and 86.5% debt to GDP ratio in 2022

https://knews.kathimerini.com.cy/en/news/fiscal-surplus-of-€570-2-mn-and-86-5-debt-to-gdp-ratio-in-2022

The Statistical Service announced on Friday a fiscal surplus of €570.2 mn, which corresponds to 2.1% of GDP and a fiscal debt of €23,371.1 mn, which corresponds to 86.5% of GDP....

86. Government continues measures to counter inflationary pressures

https://knews.kathimerini.com.cy/en/business/government-continues-measures-to-counter-inflationary-pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

87. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

https://knews.kathimerini.com.cy/en/news/surplus-of-€363-mn-recorded-in-cyprus-in-jan-feb-2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

88. Shocking arrest of Nicola Sturgeon's husband in SNP funding probe

https://knews.kathimerini.com.cy/en/news/shocking-arrest-of-nicola-sturgeon-s-husband-in-snp-funding-probe

Nicola Sturgeon's husband, Peter Murrell, has been arrested in connection with an investigation into the funding and finances of the Scottish National Party (SNP)....

89. Investors flock to 'green' bonds as a secure investment

https://knews.kathimerini.com.cy/en/news/investors-flock-to-green-bonds-as-a-secure-investment

90. UN report reveals 47 mine-contaminated areas in Cyprus

https://knews.kathimerini.com.cy/en/news/un-report-reveals-47-mine-contaminated-areas-in-cyprus

According to data from UNFICYP, 47 suspected hazardous areas in Cyprus could be contaminated with mines and/or explosive remnants of war (ERW), covering roughly 1.7 million square meters of land....

X