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12° Nicosia,
07 August, 2020
 

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Displaying results 1-30 of 490 matches for query economy.

1. Greek PM tweaks cabinet to increase efficiency on economy, labor and environment

https://knews.kathimerini.com.cy/en/news/greek-pm-tweaks-cabinet-to-increase-efficiency-on-economy-labor-and-environment

Prime Minister Kyriakos Mitsotakis has introduced changes to the makeup of his cabinet aimed at increasing its “operational efficiency,” government spokesman Stelios Petsas said on Tuesday....

2. UK tourists deterred by 'complicated' Cyprus process

https://knews.kathimerini.com.cy/en/news/uk-tourists-deterred-by-complicated-cyprus-process

Though Cyprus has officially re-opened to the UK tourism market, tour operators claim that the majority of visitors from the country are Cyprus expats, with UK nationals so far appearing reluctant to jump through the hurdles Cyprus has laid out for category B countries....

3. Cyprus perturbed over Russia tax move

https://knews.kathimerini.com.cy/en/news/cyprus-perturbed-over-russia-tax-move

Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...

4. Cyprus to draw over €2.7b from EU pandemic recovery fund

https://knews.kathimerini.com.cy/en/news/cyprus-to-draw-over-€2-7b-from-eu-pandemic-recovery-fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

5. Two extradited from Cyprus to face US justice

https://knews.kathimerini.com.cy/en/news/two-extradited-from-cyprus-to-face-us-justice

The Republic of Cyprus has extradited two alleged cyber criminals to the United States, including a young man who is the first Cypriot national to be extradited under an extradition treaty with the US...

6. Tourism prospects completely lost, Famagusta hoteliers say

https://knews.kathimerini.com.cy/en/news/tourism-prospects-completely-lost-famagusta-hoteliers-say

All tourism prospects for this year are definitively lost, the Famagusta branch of the Cyprus Hotel Association claimed after a meeting between its board of directors and the president of ruling party Disy Averof Neophytou....

7. EU summit breaks up after all-night talks, to resume later

https://knews.kathimerini.com.cy/en/news/eu-summit-breaks-up-after-all-night-talks-to-resume-later

A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....

8. 74% of Cypriots want higher EU budget to tackle pandemic

https://knews.kathimerini.com.cy/en/news/74-of-cypriots-want-higher-eu-budget-to-tackle-pandemic

Three in four Cypriots believe the EU needs additional economic means in order to deal with the repercussions of the coronavirus pandemic, a study conducted by the European Parliament during the second half of June showed....

9. UNSG report on his good offices in Cyprus obtained by Kathimerini Cyprus

https://knews.kathimerini.com.cy/en/news/unsg-report-on-his-good-offices-in-cyprus-obtained-by-kathimerini-cyprus

The 39-page advance copy of the Report of the UN Secretary-General on his mission of good offices in Cyprus was obtained by Kathimerini Cyprus....

10. LNG terminal project marks new era for Cyprus

https://knews.kathimerini.com.cy/en/news/lng-terminal-project-marks-new-era-for-cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...

11. Pandemic's impact on tourism poses significant risks to Cyprus economy

https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

12. Moody's: Payment holidays shield Cyprus banks in 2020, but deterioration likely in 2021

https://knews.kathimerini.com.cy/en/news/moody-s-payment-holidays-shield-cyprus-banks-in-2020-but-deterioration-likely-in-2021

Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...

13. Cyprus based company KRU Overseas continues to supply coal to Cyprus domestic market

https://knews.kathimerini.com.cy/en/business/cyprus-based-company-kru-overseas-continues-to-supply-coal-to-cyprus-domestic-market

KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....

14. US ambassador sees opportunities in Cyprus

https://knews.kathimerini.com.cy/en/news/us-ambassador-see-opportunities-in-cyprus

US Ambassador to Nicosia Judy Garber says the pandemic aftermath in Cyprus could be seen as an opportunity for the island, praising officials for managing the crisis and calling the country a “fantastic place for people” to do business...

15. Commission approves €6.3m incentive scheme to boost Cyprus air connectivity

https://knews.kathimerini.com.cy/en/news/commission-approves-€6-3m-incentive-scheme-to-boost-cyprus-air-connectivity

The European Commission on Thursday approved a €6.3 million incentive scheme aiming to boost Cyprus air connectivity and tourism through incentivizing airlines affected by the coronavirus outbreak to re-establish air routes to and from the island....

16. Greece reopens regional airports, says Covid-19 risk calculated

https://knews.kathimerini.com.cy/en/news/greece-reopens-regional-airports-says-covid-19-risk-calculated

Greece reopened its regional airports to international flights on Wednesday, pinning its hopes on a recovery in tourism after a three-month lockdown....

17. Greece to open seven border crossings with Balkan countries, Turkey

https://knews.kathimerini.com.cy/en/news/greece-to-open-seven-border-crossings-with-balkan-countries-turkey

Greece will reopen seven of its 14 border crossings in the north on Wednesday, as part of the country’s further reopening to tourists from abroad....

18. Global coronavirus cases top 10 million; deaths surge past 500,000

https://knews.kathimerini.com.cy/en/news/global-coronavirus-cases-top-10-million-deaths-surge-past-500-000

The world surpassed two sobering coronavirus milestones Sunday -- 500,000 confirmed deaths, 10 million confirmed cases -- and hit another high mark for daily new infections as governments that attempted reopenings continued to backtrack and warn that worse news could be yet to come....

19. All set for implementation of new support measures, FinMin says

https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says

Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....

20. North sending mixed signals over opening to Turkey on July 1

https://knews.kathimerini.com.cy/en/news/north-sending-mixed-signals-over-opening-to-turkey-on-july-1

The Turkish Cypriot administration was giving off mixed signals over plans to restore connectivity with Turkey on July 1, with head of the administration Ersin Tatar stating Thursday it had decided to stick to the decision and double-check arrivals for the virus, contradicting statements made Wednesday by Kudret Ozersay, in charge of foreign affairs in the north, who said that the administration had failed to reach a final decision and was considering to re-evaluate the move....

21. No progress among EU leaders on virus recovery deal

https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

22. A grim five years for Greek tourism

https://knews.kathimerini.com.cy/en/business/a-grim-five-years-for-greek-tourism

Greece may not repeat the tourism arrivals and revenues record of 2019 before 2025, according to an Ernst & Young report on the effects of the pandemic on Greek tourism, heralding a five-year crisis for the sector. This year alone the local industry is set to lose about 10 billion euros, it said....

23. Cyprus FM holds telephone conversation with new Iraqi FM

https://knews.kathimerini.com.cy/en/news/cyprus-fm-holds-telephone-conversation-with-new-iraqi-fm

Cyprus Foreign Minister Nikos Christodoulides shared on Thursday a telephone conversation with the new Foreign Minister of Iraq Fuad Hussein...

24. Five new support schemes announced as Cyprus enters recovery stage

https://knews.kathimerini.com.cy/en/news/five-new-support-schemes-announced-as-cyprus-enters-recovery-stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

25. Post-lockdown jump in coronavirus cases rattles Turkish officials

https://knews.kathimerini.com.cy/en/news/post-lockdown-jump-in-coronavirus-cases-rattles-turkish-officials

Turkey may have to adopt a harder line on social interactions following a worrying jump in coronavirus infections but it has no plans to reverse an easing of lockdown restrictions aimed at reviving the economy, officials say....

26. Businesses pursue strategies for turning challenges into opportunities

https://knews.kathimerini.com.cy/en/business/businesses-pursue-strategies-for-turning-challenges-into-opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

27. Cyprus the highest climber in IMD 2020 World Competitiveness Ranking

https://knews.kathimerini.com.cy/en/news/cyprus-the-highest-climber-in-imd-2020-world-competitiveness-ranking

Cyprus was the highest climber in the 2020 IMD World Competitiveness Rankings, marking an improvement in all four categories that make up the overall ranking....

28. Greece will be better prepared for second wave of Covid-19, PM says

https://knews.kathimerini.com.cy/en/news/greece-will-be-better-prepared-for-second-wave-of-covid-19-pm-says

Greece will be better prepared if the coronavirus pandemic resurfaces in fall, Prime Minister Kyriakos Mitsotakis said on a television interview on Sunday night....

29. Anastasiades asks EC President for greater support

https://knews.kathimerini.com.cy/en/news/anastasiades-asks-ec-president-for-greater-support

In a phone conversation on Sunday evening, Cyprus President Nicos Anastasiades asked European Commission President Ursula von der Leyen for greater support in dealing with the multifaceted problems faced by the island....

30. Cyprus gets tough on golden passports

https://knews.kathimerini.com.cy/en/news/cyprus-gets-tough-on-golden-passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

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