https://knews.kathimerini.com.cy/en/news/increasing-the-efficiency-of-the-tax-department
The increase of the efficiency of the Tax Department, both for the collection of taxes and for the service of the public is of the utmost importance...
https://knews.kathimerini.com.cy/en/news/cyprus-wants-clean-slate-in-naturalizations
The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...
https://knews.kathimerini.com.cy/en/news/2022-budget
The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....
https://knews.kathimerini.com.cy/en/news/cyprus-awaits-rrp-endorsement-during-ursula-visit
European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...
https://knews.kathimerini.com.cy/en/news/yiolitis-walks-away-with-‘clear-conscience
Cypriot President Nicos Anastasiades had no further comment but to thank outgoing Justice Minister Emily Yiolitis, who resigned Thursday following a barrage of bad publicity implicating her as the 'weakest link' in the administration ahead of an upcoming Cabinet reshuffle...
https://knews.kathimerini.com.cy/en/news/cyprus-ready-for-dialogue-on-global-tax
A decision by the Group of Seven to impose a global minimum tax rate does not seem to directly affect Cyprus, its Finance Minister Constantinos Petrides said on Monday...
https://knews.kathimerini.com.cy/en/news/g7-agree-on-plan-targeting-tax-heavens
The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...
https://knews.kathimerini.com.cy/en/news/cyprus-opposes-global-minimum-corporate-tax
Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-ambitious-stimulus-plan
Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...
https://knews.kathimerini.com.cy/en/news/minister-warns-house-over-crucial-eu-money
Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...
https://knews.kathimerini.com.cy/en/news/third-lockdown-brings-new-support-schemes-totaling-€120m
New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday....
https://knews.kathimerini.com.cy/en/news/decisions-on-hold-as-palace-summons-experts
The President’s Cabinet failed to reach a decision on pandemic measures following intense debate on Thursday afternoon, with reports saying an announcement was pushed back a day to give health experts time to visit the Palace for more consultations...
https://knews.kathimerini.com.cy/en/news/jiu-jitsu-director-says-cyprus-losing-out
The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...
https://knews.kathimerini.com.cy/en/news/cypriot-cabinet-gets-astrazeneca-‘group-shot
Members of the President’s Cabinet got the AstraZeneca shot in front of cameras on Thursday, in a publicity stunt aimed at boosting confidence among members of the public...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€250m-supplementary-pandemic-budget
The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...
https://knews.kathimerini.com.cy/en/news/govt-meets-extension-of-restrictions-with-new-support-measures
Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures....
https://knews.kathimerini.com.cy/en/news/cyprus-far-more-cautious-in-next-step
The Cypriot government is moving ahead with further relaxation of measures against the pandemic, with the announcement coming two days after a Cabinet decision that was delayed due to high hospitalization rates but also reports that not all ministers were on the same page...
https://knews.kathimerini.com.cy/en/news/vaccinations-the-main-economic-tool-in-managing-covid-crisis
Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....
https://knews.kathimerini.com.cy/en/news/cyprus-to-reduce-debt-once-pandemic-normalises-finmin-says
Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....
https://knews.kathimerini.com.cy/en/news/cyprus-new-armoured-vehicle-in-action
The first shots of the second squadron armoured vehicles dubbed Nora Alexander TGS were fired on Thursday at the Kiti shooting range in the presence of Defence Minister Charalambos Petrides, the Commander of the National Guard Lieutenant General Demokritos Zervakis and the Ambassador of Serbia to Cyprus Marko Blagojevic....
https://knews.kathimerini.com.cy/en/comment/opinion/when-the-palace-lights-begin-to-dim
The testimonies of 2013, say that in those critical days of the savings levy, there was a crowd of people on the hill of the presidential palace....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-usa-conduct-maritime-special-ops-exercise
Naval special operations forces from the Cypriot Underwater Demolition Team, the Greek Underwater Demolition Team and U.S. Navy Special Warfare Combatant-Craft Crewmen, joined forces to conduct a maritime exercise in Souda Bay, in the Greek island of Crete, between January 11-29. ...
https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....
https://knews.kathimerini.com.cy/en/news/defence-minister-egyptian-ambassador-discuss-defense-cooperation
Bilateral cooperation in the fields of defence and security and the implementation of the Bilateral Defence Cooperation Program for 2021 was on the agenda of a meeting between Cyprus' Defence Minister Charalambos Petrides with the new Ambassador of Egypt Amr Mohsen Hamza on Thursday....
https://knews.kathimerini.com.cy/en/news/dueling-small-parties-help-pass-budget
The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...
https://knews.kathimerini.com.cy/en/news/cyprus-looking-to-boost-relations-with-militarily-developed-gulf-states
The enhancement of Cyprus’ relations with militarily-developed Gulf states constitutes a priority, Defence Minister Charalambos Petrides said Wednesday, against the backdrop of diplomatic developments with the United Arab Emirates (UAE) and Saudi Arabia....
https://knews.kathimerini.com.cy/en/news/former-finmin-tells-passports-probe-he-shares-part-of-blame
Former Finance Minister Harris Georgiades told the independent investigative committee probing the citizenships by exception granted via the Republic’s nixed ‘golden passports’ program that “as a member of the Council of Ministers, I have a portion of the blame”.
...
https://knews.kathimerini.com.cy/en/news/reporters-to-sit-in-on-golden-passport-hearings
A number of reporters will be allowed from now on to attend ongoing probe hearings into alleged corruption in connection with Cyprus’ disgraced Citizenship by Investment Programme, with journalists being asked to commit in advance not to breach data privacy laws...
https://knews.kathimerini.com.cy/en/news/cyprus-uae-sign-first-military-cooperation-agreement
Cyprus and the United Arab Emirates on Tuesday signed their first military cooperation agreement as the eastern Mediterranean island nation seeks to bolster relations with nearby countries in the Middle East....
https://knews.kathimerini.com.cy/en/news/cyprus-aiming-for-full-absorption-of-eu-funds
Finance Minister Constantinos Petrides said Cyprus wants to achieve an absorption of 100% of the maximum of €968 million it could receive from the European structural and investment funds, but this requires that Cyprus invests in projects amounting to €1.8 billion....
