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31. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

32. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

33. Bomb goes off ahead of 5G auction

An explosion took place outside a CYTA branch in Limassol with media speculating the attack could be linked to an upcoming announcement this week over 5G contracts...

34. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

35. Renewable power is only part of the solution to meet net-zero targets

36. Coast guard seizes catch of the day

Another boat has been caught fishing without a licence off the coast of Cyprus, as local coast guard officers increase efforts to target illegal activities beyond territorial waters...

37. Cyprus 'one of the success stories of ESM'

38. Cyprus to issue 5 and 30 year bonds

39. IMF warns of 'increasing headwinds to sustained growth'

40. Shell companies ''This is over, its finished''

41. Greek banks to chase borrowers who refused to open their accounts

Banks have firmly focused their attention on debtors who have resorted to the provisions of the so-called Katseli law – named after former economy minister Louka Katseli – for protection now that their bank account secrecy has been lifted....

42. Anti-foreclosure protesters scuffle with police in Athens

Protesters opposing property auctions outside the office of a notary in the upscale Athens neighborhood of Kolonaki on Wednesday clashed with police trying to move them along....