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/business/hellenic-bank-posts-profit-of-€59-1-million-in-first-half-of-2019
The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank.
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https://knews.kathimerini.com.cy/en/business/usa-blacklists-oil-company-in-cyprus
An oil company registered in Cyprus has been blacklisted by US officials who blocked a total of four vessels for transporting Venezuelan oil to Cuba...
https://knews.kathimerini.com.cy/en/news/15-thousand-uk-citizens-seek-cyprus-residence-permit
Approximately 15 thousand UK citizens have applied to get residence permits in Cyprus since the 2016 UK EU membership referendum. Currently a total of 32,281 residence permits for UK citizens are in force...
https://knews.kathimerini.com.cy/en/news/trump-impeachment-inquiry-begins
Democrats in the U.S. House of Representatives on Tuesday launched a formal impeachment inquiry into President Donald Trump, accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election...
https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures
Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011.
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https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse
Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry.
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https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse
Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe.
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https://knews.kathimerini.com.cy/en/news/turkey-disregards-international-law-says-cyprus-mfa
In response to the Statement of the Spokesperson of the Ministry of Foreign Affairs of Turkey (19/09/2019) concerning the hydrocarbon–related activities of the Republic of Cyprus in its exclusive economic zone (EEZ) /continental shelf, the Ministry of Foreign Affairs of the Republic of Cyprus notes:
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https://knews.kathimerini.com.cy/en/news/cyprus-fm-highlights-need-for-regional-cooperation-in-the-eastern-mediterranean
The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign Minister Nikos Christodoulides said on Thursday evening.
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https://knews.kathimerini.com.cy/en/news/north-to-get-security-cameras-next-year
A Turkish company is set to deliver hundreds of security cameras in the north next year, while a tender process for speed cameras in the south is concluding Friday with the aim of installing the first batch in late 2020...
https://knews.kathimerini.com.cy/en/news/eni-total-join-for-another-gas-search-license-off-cyprus
Cyprus’ energy minister says a consortium composed of energy companies Total of France and Eni of Italy has been licensed to explore for natural gas deposits in another area off Cyprus’ southern coast...
https://knews.kathimerini.com.cy/en/news/house-looks-at-state-salaries-for-clergy
State salaries for the clergy are back in the news as a House finance committee is looking for ways to amend an outdated agreement with the Church dating back to 1971...
https://knews.kathimerini.com.cy/en/news/president-launches-exandas-portal-in-a-bid-to-enhance-transparency
The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023.
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https://knews.kathimerini.com.cy/en/news/churchill-s-grandson-to-be-expelled-from-conservative-party
Nicholas Soames, the grandson of Britain’s World War Two leader Winston Churchill, will be expelled from the Conservative Party after voting against Prime Minister Boris Johnson on Brexit...
https://knews.kathimerini.com.cy/en/news/cypriot-vacationers-shell-out-more-abroad
Cypriots on holiday spend way more money and time abroad than in their own country, according to Eurostat, even as over half cannot afford a one-week annual holiday away from home...
https://knews.kathimerini.com.cy/en/news/estia-scheme-kicks-in-for-eligible-borrowers
The Estia plan aimed at boosting borrowers’ ability to repay their defaulted loans went into effect on Monday, as the Cypriot government embarks on a scheme to subsidize repayments of restructured loans...
https://knews.kathimerini.com.cy/en/news/online-madam-in-north-jailed-in-the-uk
A British woman who was arrested in the north last year for abusing children in an online porn business, has been sentenced to twelve years and four months in the UK...
https://knews.kathimerini.com.cy/en/news/woman-tries-to-sneak-drugs-into-court
Police are looking for an adult female who is suspected of attempting to sneak cocaine into the hands of a man in custody at the Paphos courthouse...
https://knews.kathimerini.com.cy/en/news/two-dead-in-separate-night-crashes
Two motorists were killed Saturday night, a car driver in Limassol and a biker in Nicosia, in two separate road accidents that left other drivers injured...
https://knews.kathimerini.com.cy/en/news/macron-sends-stern-warning-to-ankara
In a show of solidarity with Cyprus, French President Emmanuel Macron sent a stern message to Turkey on Thursday that Paris and the European Union will not tolerate violations in the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/west-nile-death-confirmed-in-the-south
The death of a senior citizen who was infected with the West Nile virus has been confirmed by authorities in south Nicosia, while a number of cases are being monitored on both sides of the divided island...
https://knews.kathimerini.com.cy/en/news/cyprus-formally-asks-eu-to-share-burden
Interior Minister Constantinos Petrides has made good on his promise to seek help in “practical ways” from his EU counterparts on the migration issue and redistribution of asylees...
https://knews.kathimerini.com.cy/en/news/greece-s-energean-snaps-up-four-new-israeli-offshore-licenses
Israel-focused Greek oil and gas group Energean was awarded four new Israeli offshore licenses in the so-called Exclusive Economic Zone, the company said on Wednesday...
https://knews.kathimerini.com.cy/en/news/non-performing-loans-decline-to-€10-14-billion
Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month.
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https://knews.kathimerini.com.cy/en/business/britain-s-lse-seals-$27-billion-refinitiv-deal-to-create-data-giant
London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.
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https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/news/greece-approves-cut-on-property-tax-eases-arrears-payment
The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....
https://knews.kathimerini.com.cy/en/news/man-sentenced-for-stabbing-unbegrudging-friend
A man who stabbed his friend downtown Nicosia while being intoxicated has been sentenced to five years, with the victim reportedly saying he has forgiven his attacker...
