Search

91. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

92. Greek Government to proceed with new island camps, despite reactions

The Greek government is determined to move ahead with its plan to build new holding facilities for migrants and refugees as part of a plan to accelerate asylum procedures and deportations on the five islands hosting camps, its spokesman said on Tuesday, amid reactions to the scheme from island residents....

93. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

94. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

95. «Growth momentum moderates» in Cyprus according to Εuropean 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....

96. Cabinet approves surplus 2020 budget

The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System ...

97. 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)...

98. The others were Merkel’s puppets, we were just naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

99. Chinese Ambassador to Cyprus: No one stands to win in a trade war

100. Cyprus fiscal debt at 102,5% of GDP

101. Opposition flaws are democracy’s problem

102. President reiterates commitment to high economic growth

103. Parsimonious northerners are the euro's biggest winners, study shows

Germany and the Netherlands have benefited enormously from the euro over the 20 years since its launch, a study has found, while for almost every other member the single currency has been a serious drag on economic growth....

104. CYTA forecasts budget deficit for 2019

105. Setting goals for the nation

106. Bloomberg reports on J&P Overseas downfall

107. Finance Minister: CCB the weakest link of the banking system

108. Economic growth in Cyprus remains strong

109. There is no economic bubble says Finance Minister

110. Eurostat confirms Cyprus 1.8% budget surplus

111. Scotland's Sturgeon promises independence plan once UK Brexit deal known

112. More Turkish Cypriots seek higher wages in the south

Reports in the northern part of the island show the devaluation of the Turkish lira and higher wages in the south are driving more Turkish Cypriots to seek employment in the Republic of Cyprus...

113. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

114. Regling says Greece will remain linked to ESM

Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....

115. Hot weather still a Cyprus gold mine

Inbound visitors drawn to the island spend more money than what outbound locals spend overseas, and a study says it is because of the warm climate...

116. Hellenic moments away from CCB offer

The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...

117. Don’t get caught up in the East Med energy hype

It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...

118. Trump-Macron to face differences on Iran and trade as French visit begins

Trump and Macron began their improbable friendship a year ago in Belgium with a jaw-clenching handshake...

119. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

120. China urges US away from 'brink' of trade war

China showed readiness to retaliate by declaring plans to levy additional duties on up to $3 billion of US imports...