https://knews.kathimerini.com.cy/en/news/cavusoglu-slams-akinci-after-comment-that-turkey-north-annexation-would-be-horrible
“I’ve never worked with a more unreliable politician,” the Turkish Foreign Minister Melvut Cavusoglu said on Monday, referring to the Turkish Cypriot leader Mustafa Akinci in response to an interview where Akinci said the prospect of Crimea-style annexation with Turkey was “horrible”....
https://knews.kathimerini.com.cy/en/news/cooperation-required-to-fully-reap-energy-rewards
https://knews.kathimerini.com.cy/en/news/president-s-air-travel-under-scrutiny
Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...
https://knews.kathimerini.com.cy/en/news/fuel-targets-rehash-gas-price-debate
Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...
https://knews.kathimerini.com.cy/en/news/foreign-powers-back-libya-ceasefire
Foreign powers agreed at a summit in Berlin on Sunday to shore up a shaky truce in Libya, but the meeting was overshadowed by blockades of oilfields by forces loyal to commander Khalifa Haftar that could cripple the country’s crude production...
https://knews.kathimerini.com.cy/en/news/battle-of-grievances-in-akamas-fire-aftermath
Wednesday’s fires have been put out in Akamas national park, leaving behind an enormous environmental disaster but also allegations against groups ranging from local dissenters to hunters from the east coast...
https://knews.kathimerini.com.cy/en/news/cyprus-grants-first-natural-gas-exploitation-license
Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years
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https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/news/revenue-from-ship-management-dips
Ship management revenues decreased in the first half of 2019 by €5 million, according to the results of the Ship Management Survey for the first half of 2019, concerning the transactions of resident ship management companies published Wednesday by the Central Bank of Cyprus...
https://knews.kathimerini.com.cy/en/business/ey-climbs-world-s-best-workplaces-list
EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...
https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces
Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....
https://knews.kathimerini.com.cy/en/business/financial-services-towards-artificial-intelligence-and-machine-learning
Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...
https://knews.kathimerini.com.cy/en/comment/opinion/attracting-investments-relations-with-turkey-a-new-chapter
On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration.
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https://knews.kathimerini.com.cy/en/news/cyprus-fiscal-surplus-at-4-3-of-gdp
Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/news/anastasiades-we-accept-political-equality
In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements:
...
https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020
According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP
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https://knews.kathimerini.com.cy/en/business/overtaxation-led-to-tax-evasion
Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...
https://knews.kathimerini.com.cy/en/business/german-giant-acquires-foody
Cypriot startup Foody has been acquired by a German food delivery giant in a friendly takeover reaching dozens of countries all over the world...
https://knews.kathimerini.com.cy/en/news/locals-stage-protest-on-lara-beach
A protest in favour of local exploitation of Lara beach was held on Sunday in response to activists and state officials who recently reiterated that illegal human activity on turtle nesting sites will not be tolerated...
https://knews.kathimerini.com.cy/en/business/government-in-talks-with-businesses-to-raise-corporate-tax-rate
Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...
https://knews.kathimerini.com.cy/en/news/anastasiades-responds-to-akinci-s-hydrocarbons-proposal
In a letter to UN Secretary General Antonio Guterres President Anastasiades responded to a proposal by Turkish Cypriot leader Mustafa Akinci regarding the co-management of natural gas affairs.
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https://knews.kathimerini.com.cy/en/business/talent-shortages-costing-european-private-businesses-€414-billion-each-year
European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal.
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https://knews.kathimerini.com.cy/en/news/britain-says-iran-attempted-to-block-its-oil-tanker
Three Iranian vessels tried to block the passage of a British ship through the Strait of Hormuz but withdrew after warnings from a British warship, the British government said on Thursday.
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https://knews.kathimerini.com.cy/en/business/deutsche-bank-axes-18-000-jobs
https://knews.kathimerini.com.cy/en/business/gcc-awarded-by-hewlett-packard-enterprise-southern-europe
Hewlett Packard Enterprise Southern Europe named GCC as “Top Solutions Provider Partner of the Year” for Greece and Cyprus markets
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https://knews.kathimerini.com.cy/en/business/facebook-to-launch-cryptocurrency-called-libra
https://knews.kathimerini.com.cy/en/news/aphrodite-revenue-sharing-at-57-1-42-9
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-deal-with-noble-shell-and-delek
https://knews.kathimerini.com.cy/en/business/eurobank-posts-€10-million-first-quarter-profit
https://knews.kathimerini.com.cy/en/business/nuvei-to-buy-in-cash-cyprus-based-fintech-firm-safecharge-for-$889-million