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151. Council of Europe: Government in Cyprus ‘too centralized’

Cyprus remains a “very centralized country”, according to a report from the Associated Press. ...

152. Greece popular with expats

Greece is rapidly evolving into a preferred destination for people wishing to live and work away from home, as the country is rising on the global list drafted by international bank HSBC....

153. Health Insurance Organization targeting abuses in GESY system

The phenomena of abuses of the General Health System (GESS) that have emerged since its application, is one of the serious issues that concern the Health Insurance Organization (OAY)....

154. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

155. FinMin: Cyprus to reduce debt once pandemic normalises

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

156. Anastasiades takes the stand in passports probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

157. 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. ...

158. Special needs home has close call with fire

Thirteen people were evacuated on Tuesday during a fire at a special needs residential facility in Larnaca, with officials saying a slight delay from first responders could have been deadly...

159. 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....

160. Interior Minister says all have a duty to preserve Cyprus’ hard-fought reputation

We all have a duty to preserve Cyprus’ good name, Interior Minister Constantinos Petrides said on Thursday, adding that it took a lot of effort to reinstate the country’s fame under adverse circumstances....

161. «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....

162. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

163. 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 ...

164. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

165. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

166. State to appeal Court decision on salary cuts

167. Government to appeal court decision on salary cuts

168. Administrative Court: Public sector salary cuts unconstitutional

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

170. Finance Minister speaks to Euronews on Cooperative sale

171. Cyprus establishes energy investment fund

172. Finance Minister: Promoting reforms must be a national goal

173. Hellenic Bank’s Economic Review

174. Grexit plan was no bluff, French ex-president tells Kathimerini

175. CEO TPAO: Fatih starts drilling

Turkish Petroleum Corporation (TPAO) has begun drilling in the eastern Mediterranean with its deepwater drillship 'Fatih' (Conqueror), the company's acting CEO, President and Director Melih Han Bilgin told a Turkish parliamentary committee....

176. Fiscal Council: Construction sector growth will not continue indefinitely

177. Anastasiades: Investment fund registrations up 18%

178. Trump reimbursed attorney who paid-off porn star

President Donald Trump acknowledged for the first time in an ethics disclosure that he repaid more than $100,000 to former personal attorney Michael Cohen, renewing questions about Trump’s ties to porn star Stormy Daniels...

179. Experts says Cyprus economy to grow by 3.8% this year

The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%. ...

180. EU predicts strong growth as unemployment declines

The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...