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241. House passes state budget for 2019

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...

242. Budget 2019 goes to parliament

243. Fuel prices to drop by 6 cents

244. Unfavourable climate in the EU

245. Finance Minister: Promoting reforms must be a national goal

246. Finance Minister: Slogans and populism do not create jobs

247. Cyprus: Surplus of 842 million euros in ten months

248. Finance Minister: Fiscal stability must be preserved

249. Difficult decisions brought about positive results in the economy, President says

250. DBRS upgrades Cyprus to investment grade

251. Interview with Isfandyar Zaman Khan, lead specialist for finance and innovation at the World Bank

252. Fund Management a 'new beginning' for Cyprus

253. Grexit plan was no bluff, French ex-president tells Kathimerini

254. Economic growth in Cyprus remains strong

255. Fiscal Council: Construction sector growth will not continue indefinitely

256. Fitch Ratings upgrades Cyprus to investment grade

257. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

258. Bank of Cyprus CEO makes the case for Cyprus recovery

259. More Turkish Cypriots seek higher wages in the south

Reports in the northern part of the island show the devaluation of the Turkish lira and higher wages in the south are driving more Turkish Cypriots to seek employment in the Republic of Cyprus...

260. State budget goes to Cabinet

The President’s Cabinet is taking on the budget during a meeting on Thursday, expected to approve a whole host of new construction projects for the upcoming fiscal year...

261. Ronys Toungoulos achieves highest Mark in Module 2-ADIT

K. Treppides & Co Limited congratulates Manager Ronys Toungoulos for achieving the highest mark in Module 2-Advanced Diploma in International Taxation (ADIT). He is rewarded with the International Fiscal Association (IFA) prize which is highly recognized within the professional community worldwide....

262. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

263. The mistakes of Greece’s creditors

A lot has been said about the mistakes made by Greece’s lenders during the bailout programs. The fact is they made many errors, including some serious ones. Meanwhile, Greek politicians were responsible for refusing to take ownership of the required reforms and failing to reach a degree of basic consensus. ...

264. Trump signs defense policy bill suspending sale of F-35 jets to Turkey

US President Donald Trump has approved a defense budget law delaying the delivery of F-35 fighter jets to Turkey....

265. Global jitters hit Greek bonds

Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....

266. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

267. Unmarried paternity leave not signed into law

President Nicos Anastasiades has not signed a newly-passed law on paid paternity leave for unmarried fathers, sending it back to the House primarily on constitutional grounds while opposition sees more reasons behind it....

268. Passport scheme could bring ‘Dutch disease’ to Cyprus

The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...

269. With eye on re-election Tsipras rolls dice on Macedonia

Greek Prime Minister Alexis Tsipras is taking a big gamble in trying to settle a decades-old name dispute with neighbouring Macedonia which could backfire in a pre-election year among voters already jaded by his economic austerity policies...

270. Cyprus forecasts high GDP growth of 3% plus until 2021

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...