https://knews.kathimerini.com.cy/en/news/dbrs-warns-against-protracted-process-in-approving-bugdet
Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....
https://knews.kathimerini.com.cy/en/business/industrial-logistics-most-attractive-post-covid-19
Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...
https://knews.kathimerini.com.cy/en/news/blame-game-in-full-swing-after-budget-vote
The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...
https://knews.kathimerini.com.cy/en/news/cyprus-calls-on-egypt-to-assist-in-persuading-turkey-to-shift-intransigent-stance
Cyprus President Nicos Anastasiades has asked the Egyptian government to exert every effort towards persuading Turkey to alter its intransigent stance and to reverse its unilateral and provocative actions, in view of ultimately easing of tensions in a consistent and sustained manner, allowing the cultivation of a climate that is conducive to facilitating the resumption of the peace process....
https://knews.kathimerini.com.cy/en/news/turkey-at-risk-of-extended-sanctions-by-march-eu-source-tells-kathimerini
Ankara could be slapped with more European sanctions depending on the findings of an evaluation report on Turkey expected by March, a senior diplomatic official has told Kathimerini on condition of anonymity....
https://knews.kathimerini.com.cy/en/news/5g-bidding-process-wraps-up-first-licences-in-january-2021
The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....
https://knews.kathimerini.com.cy/en/news/new-chinese-ambassador-hails-deepening-relations-with-cyprus
China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-5g-frequencies-auction
In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....
https://knews.kathimerini.com.cy/en/news/ankara-tries-to-open-jerusalem-channel
In a bid to create rifts in Israel’s alliances with Greece and Cyprus, Turkey is reportedly trying to open channels with Tel Aviv through proposals officially submitted by retired rear admiral Cihat Yayci, architect of Ankara’s expansionist Blue Homeland doctrine and its maritime borders pact with Libya. ...
https://knews.kathimerini.com.cy/en/news/cyprus-energy-designs-unaffected-by-turkey-s-provations-president-says
Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....
https://knews.kathimerini.com.cy/en/news/eu-leaders-pull-turkey-punch-at-last-minute
European Union leaders agreed on Thursday to prepare limited sanctions on Turkish individuals over an energy exploration dispute with Greece and Cyprus, postponing any harsher steps until March as countries sparred over how to handle Ankara...
https://knews.kathimerini.com.cy/en/news/eu-leaders-weigh-sanctions-over-turkey-s-med-drilling-work
Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-to-toughen-sanctions-on-turkish-drilling-draft-summit-statement-says
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-jordan-to-step-up-cooperation
Cyprus, Greece and Jordan vowed Tuesday to further enhance their trilateral cooperation, which will cover defence and security issues as well as economic and trade cooperation....
https://knews.kathimerini.com.cy/en/news/past-week-was-the-worst-epidemiologically-since-outbreak
Health minister Constantinos Ioannou was the bearer of unpleasant news on Tuesday, announcing that the current epidemiological situation doesn’t appear to leave room for the planned relaxation of measures from December 14....
https://knews.kathimerini.com.cy/en/news/turkey-shrugs-off-effect-of-sanctions-as-euco-looms
The intense consultations between European Union member-states on the bloc’s response to Turkish aggression in recent months are expected to continue until the 11th hour before the start of Thursday’s crucial leaders summit. ...
https://knews.kathimerini.com.cy/en/news/finmin-confirms-cyprus-won-t-reinstate-‘golden-passports-scheme
Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...
https://knews.kathimerini.com.cy/en/news/cyprus-revises-travel-rules-for-vaccinated-passengers
An inter-ministerial committee set up to spearhead the gradual resumption of flights agreed on an updated action plan on Thursday that allows those passengers who have been vaccinated against coronavirus to be exempted from the requirement of showing proof of a negative test....
https://knews.kathimerini.com.cy/en/business/kpmg-survey-shows-biodiversity-related-risk-remains-under-reported
While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...
https://knews.kathimerini.com.cy/en/news/eu-warns-against-easing-pandemic-containing-measures
As millions of European citizens gear up for the festive season, the European Union's executive commission urged member countries to keep strong anti-Covid-19 restrictions in place to avoid a post-holiday surge of coronavirus cases and deaths but stopped short of advising against travel....
https://knews.kathimerini.com.cy/en/news/turkey-part-of-eu-agenda-on-‘reinvigorating-ties-with-us
Restoring stability in the Eastern Mediterranean and a “coordinated approach” to Turkey are among the issues outlined by the European Commission in an internal document on how to “renew and reinvigorate” transatlantic relations under the incoming US administration of Joe Biden....
https://knews.kathimerini.com.cy/en/news/biden-hits-ground-running-with-greek-pick
Greek-American political advisor and communications expert Jen Psaki has been named press secretary in US President-elect Joe Biden’s new all-female White House communications team...
https://knews.kathimerini.com.cy/en/news/cyprus-makes-last-ditch-effort-to-beat-virus
The latest measures against the spread of the coronavirus went into effect on Monday, including a night curfew across all districts, as calls for all citizens to be tested multiplied just before Christmas holidays...
https://knews.kathimerini.com.cy/en/business/global-ipo-activity-rebounds-sharply
Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...
https://knews.kathimerini.com.cy/en/news/cyprus-rationalizes-sanctions-against-turkey
Cypriot Defence Minister Charalambos Petrides has reiterated his country’s position in seeking a settlement of the Cyprus problem, adding that economic sanctions against Ankara remain on the table 'as long as Turkey continues to maintain tensions'...
https://knews.kathimerini.com.cy/en/news/eac-crucial-to-cyprus-energy-reform-energy-minister-says
The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019.
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https://knews.kathimerini.com.cy/en/news/cabinet-approves-national-framework-on-smart-cities-strategy
The Cabinet approved the development of a national framework on the strategy and promotion of smart cities, after a proposal submitted by the Deputy Ministry of Research, Innovation and Digital Policy....
https://knews.kathimerini.com.cy/en/news/cyprus-israel-affirm-excellent-bilateral-relations
Israeli Minister of Defence Benny Gantz has stressed the necessity for Turkey to immediately terminate its illegal actions in Cyprus and the broader region, in order to create the favourable conditions that would allow for the resumption of a productive dialogue on the Cyprus issue....
https://knews.kathimerini.com.cy/en/news/support-schemes-added-to-fight-lockdown-consequences
Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-celebrates-10th-anniversary
A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...
