https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/slashed-tires-slow-down-finance-minister
The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...
https://knews.kathimerini.com.cy/en/news/paphos-police-confirm-cid-probe-in-commando-death
Investigators from Paphos’ Criminal Investigation Department are probing the death of a commando who jumped in the water from a helicopter during the shooting of a promo video, with reports saying they are focusing on footage to ascertain the aircraft’s maneuvers but also asking the army for audio recordings during the fatal mission...
https://knews.kathimerini.com.cy/en/news/government-takes-steps-to-break-cyprus-reliance-on-fossil-fuels
The government today took steps to break Cyprus’ reliance on fossil fuels....
https://knews.kathimerini.com.cy/en/news/nicosia-jittery-about-us-demand-to-ban-vessels
The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...
https://knews.kathimerini.com.cy/en/news/petrides-a-new-era-of-uncertainty
Uncertainty is the only certain thing in the new era we are entering, said Finance Minister Constantinos Petrides addressing the 14th Congress of the Free Trade Unions of Semi-Governmental Organizations (OHO-SEK)....
https://knews.kathimerini.com.cy/en/news/three-days-of-mourning-for-zeta-emilianidou
White flowers, a candle and a photo were set in the place of Zeta Aimilianidou during the meeting of the Council of Ministers....
https://knews.kathimerini.com.cy/en/news/103-million-euros-in-support-measures-for-vulnerable-households
Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/in-a-first-cypriot-defence-minister-to-pay-official-visit-to-us
Minister of Defence Charalambos Petrides will depart on Sunday to the US for a working visit. According to the Ministry of Defence, this is the first visit of a Cypriot Defence Minister for bilateral consultations at the US Pentagon....
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
https://knews.kathimerini.com.cy/en/business/tax-incentives-for-businesses-looking-to-relocate-to-cyprus
The Cypriot government on Tuesday approved a bill with tax incentives aiming to attract talent and promote headquartering in Cyprus, in line with the Strategy for Attracting Businesses for Activities and/or Expansion of their Activities in Cyprus approved by the Council of Ministers in October 2021....
https://knews.kathimerini.com.cy/en/business/first-ever-publicly-financed-equity-fund-will-benefit-cyprus-startups
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...
https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties
On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....
https://knews.kathimerini.com.cy/en/news/petrides-government-to-continue-support-measures-for-vulnerable-groups
The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/zelensky-to-address-cypriot-house
Ukrainian President Volodymyr Zelensky will address the Cypriot parliament on Thursday, during a busy week on the island with US diplomat visits and after local media suggested Nicosia was grappling with a difficult dilemma...
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
...
https://knews.kathimerini.com.cy/en/news/finance-minister-concerned-over-rising-energy-and-grain-prices
Finance Minister Constantinos Petrides said today that he is concerned about the rising prices of grain and energy and the possibility of 'stagflation', but excluded the possibility of the Cypriot economy slipping into recession....
https://knews.kathimerini.com.cy/en/news/fuel-tax-to-be-reduced-by-7-cents-per-liter
Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-banks-are-safe-from-exposure-to-russia
The economic sanctions imposed against Russia following the invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia...
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-has-not-objected-to-any-eu-sanctions-including-cutting-russia-off-swift
The Minister of Finance, Constantinos Petrides stated that reports concerning Cyprus' objection to imposing a ban on Russia from the SWIFT international payment system were false....
https://knews.kathimerini.com.cy/en/news/cabinet-expected-to-approve-implementation-of-test-to-stay-protocol-for-national-guard
The protocol for the introduction of the `test to stay` measure in the National Guard is expected to be submitted to the Council of Ministers today for approval....
https://knews.kathimerini.com.cy/en/news/modernization-of-eac-and-an-increase-of-independent-energy-providers-says-president-anastasiades
Cyprus President Nicos Anastasiades said on Thursday that the government will provide all necessary tools to allow the Electricity Authority of Cyprus (EAC) to modernize its operation, as well as to encourage even more independent energy providers to operate in the Cypriot market....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grew-by-5-7-in-2021-according-to-eurostat
The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....
https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro
Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....
https://knews.kathimerini.com.cy/en/news/cyprus-to-proceed-with-a-tax-reform-in-2022
Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....
https://knews.kathimerini.com.cy/en/news/vat-reduction
Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...
https://knews.kathimerini.com.cy/en/news/cyprus-frets-‘pandoramonium-overshadowing-good-work
The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...
https://knews.kathimerini.com.cy/en/news/digital-agenda-2021-ends-with-a-bang
The second and final day of Digital Agenda Cyprus was more impressive with speakers bringing together ideas, predictions and discussions about the future of technology and what to expect during the post-pandemic era....
https://knews.kathimerini.com.cy/en/news/cypriot-minister-picks-tax-battle-on-twitter
Cypriot Finance Minister Constantinos Petrides lashed out at critics this weekend, saying his country was in favor of setting a global minimum tax for corporations despite not having signed on the dotted line...
