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12° Nicosia,
05 August, 2020
 

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

1. 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....

2. Israel approves pipeline deal to sell gas to Europe

https://knews.kathimerini.com.cy/en/news/israel-approves-pipeline-deal-to-sell-gas-to-europe

The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean....

3. LNG terminal project marks new era for Cyprus

https://knews.kathimerini.com.cy/en/news/lng-terminal-project-marks-new-era-for-cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...

4. Pandemic's impact on tourism poses significant risks to Cyprus economy

https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

5. US ambassador sees opportunities in Cyprus

https://knews.kathimerini.com.cy/en/news/us-ambassador-see-opportunities-in-cyprus

US Ambassador to Nicosia Judy Garber says the pandemic aftermath in Cyprus could be seen as an opportunity for the island, praising officials for managing the crisis and calling the country a “fantastic place for people” to do business...

6. New Ministers of Justice and Defence sworn in

https://knews.kathimerini.com.cy/en/news/new-justice-defence-ministers-sworn-in

The new Ministers of Justice and Defence, Emily Yiolitis and Charalambos Petrides, were sworn in at the Presidential Palace on Monday....

7. 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....

8. Cyprus to host next trilateral meeting of Greek, Cyprus, Israel FMs

https://knews.kathimerini.com.cy/en/news/cyprus-to-host-next-trilateral-meeting-of-greek-cyprus-israel-fms

Cyprus will host the next trilateral meeting of the foreign ministers of Cyprus, Israel and Greece, the Cyprus foreign minister Nicos Christodoulides agreed with his Israeli counterpart during a visit to Israel on Tuesday....

9. Nicosia midtown center in the works

https://knews.kathimerini.com.cy/en/news/nicosia-midtown-business-center-in-the-works

A new modern business centre on the most popular main street in Nicosia is said to be in the pipeline, following reports that the Bank of Cyprus has sold a parking lot in the midtown area...

10. No progress among EU leaders on virus recovery deal

https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

11. Businesses pursue strategies for turning challenges into opportunities

https://knews.kathimerini.com.cy/en/business/businesses-pursue-strategies-for-turning-challenges-into-opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

12. Mitsotakis makes Israel his first destination

https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-makes-israel-his-first-destination

Greek Prime Minister Kyriakos Mitsotakis is traveling to Israel today on his first foreign visit since the coronavirus outbreak. The message is clear, and it is being sent out in several directions. After deepening their mutually beneficial relationship (which is not aimed at any third country) for a decade, Greece and Israel are pushing ties to a new level....

13. Cyprus gets tough on golden passports

https://knews.kathimerini.com.cy/en/news/cyprus-gets-tough-on-golden-passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

14. Cabinet approves stricter regulations for citizenship-by-investment scheme

https://knews.kathimerini.com.cy/en/news/cabinet-approves-stricter-regulations-for-citizenship-by-investment-program

The Cabinet on Wednesday approved new regulations to the citizenship-by-investment program, an important provision of which ties the program to anti-money laundering legislation, interior minister Nikos Nouris said. ...

15. 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....

16. 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. ...

17. 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....

18. 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...

19. Pandemic highlighted urgency of tackling climate challenges

https://knews.kathimerini.com.cy/en/news/pandemic-highlighted-urgency-of-tackling-climate-challenges

While the coronavirus crisis has highlighted our vulnerabilities as a globally connected society, the recognition of the need to stabilize our climate and protect biodiversity preceded the current crisis by many years, Wolfgang Cramer, Scientific Co-Director of the Mediterranean Institute of Marine and Terrestrial Biodiversity and Ecology (IMBE), said Friday....

20. Cyprus 'golden visa' scheme returns to spotlight

https://knews.kathimerini.com.cy/en/news/cyprus-golden-visa-scheme-returns-to-spotlight

Cyprus’ controversial citizenship-by-investment scheme was thrust into the spotlight once again after the investigative journalism platform Organized Crime and Corruption Reporting Project (OCCRP) published an in-depth report on the granting of a ‘golden passport’ to a senior member of the Saudi royal family and six of his family members....

21. Companies in Cyprus ready for the new norm

https://knews.kathimerini.com.cy/en/business/companies-in-cyprus-are-ready-for-the-new-norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

22. Eurozone set for record recession, EU Commission warns

https://knews.kathimerini.com.cy/en/news/eurozone-set-for-record-recession-eu-commission-warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

23. Attorney general weighs in on casino probe

https://knews.kathimerini.com.cy/en/news/attorney-general-weighs-in-on-casino-probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

24. 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....

25. We will defeat our shared pandemic enemy and rise stronger in its wake

https://knews.kathimerini.com.cy/en/comment/opinion/we-will-defeat-our-shared-pandemic-enemy-and-rise-stronger-in-its-wake

The story of U.S. leadership in the global battle against Covid-19 is a story of days, months, and decades. Every day, new U.S. technical and material assistance arrives in hospitals and labs around the world. These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and planning that is unmatched in history....

26. 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....

27. Corporate Social Responsibility and Corporates’ response to COVID19

https://knews.kathimerini.com.cy/en/business/corporate-social-responsibility-and-corporates-response-to-covid19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

28. Cooperation and Transparency Needed to Fight COVID-19

https://knews.kathimerini.com.cy/en/comment/opinion/cooperation-and-transparency-needed-to-fight-covid-19

In today’s age of social media, it has unfortunately become normal to see false information reach a broad audience instantaneously through the Interne...

29. Government considering to give banks €2b in state guarantees to unlock credit

https://knews.kathimerini.com.cy/en/news/government-considering-to-give-banks-€2b-in-state-guarantees-to-unlock-credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

30. 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....

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