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12° Nicosia,
06 December, 2022
 

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Displaying results 1-30 of 155 matches for query fiscal.

1. Nicosia stays course as economic growth loses steam

https://knews.kathimerini.com.cy/en/news/nicosia-stays-course-as-economic-growth-loses-steam

Cypriot public finances have improved due to increased growth, although they are expected to be adversely affected due to a projected slowdown in the next few months, according to the 13th Post-Programme Surveillance Report for Cyprus...

2. Elections: President touts Averof's role in government's success

https://knews.kathimerini.com.cy/en/news/elections-president-touts-averof-s-role-in-government-s-success

The dilemma in view of the February 2023 elections is the continuation of stability or experimentation, President Anastasiades said on Saturday, as the presidential campaign continues....

3. Cyprus gets taste of EU’s €85 million with a caveat

https://knews.kathimerini.com.cy/en/news/cyprus-gets-taste-of-eu-s-€85-million-with-a-caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

4. Over half a billion euro in government surplus so far this year

https://knews.kathimerini.com.cy/en/news/over-half-a-billion-euro-government-surplus-so-far-this-year

Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....

5. Slower economic growth expected towards end of year

https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

6. Wim Van Aken talks recession and the predictions for Cyprus

https://knews.kathimerini.com.cy/en/news/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus

We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....

7. Boris Johnson or Rishi Sunak expected to be UK's next prime minister

https://knews.kathimerini.com.cy/en/news/boris-johnson-or-rishi-sunak-expected-to-be-uk-s-next-prime-minister

Boris Johnson and his former finance minister Rishi Sunak were leading potential contenders to replace British Prime Minister Liz Truss on Friday, with candidates canvassing support to become Conservative Party leader in a fast-tracked contest....

8. Liz Truss resigns

https://knews.kathimerini.com.cy/en/news/liz-truss-resigns

Liz Truss was on Thursday forced to quit as UK prime minister, drawing to a dramatic close 44 days in office which saw her preside over an economic meltdown and catastrophic damage to the ruling Conservative party....

9. IMF predicts a return to fiscal surpluses for Cyprus following the pandemic

https://knews.kathimerini.com.cy/en/news/imf-predicts-a-return-to-fiscal-surpluses-for-cyprus-following-the-pandemic

Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....

10. Finance Minister calls for prudency to safeguard economy

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

11. Kasoulides on Bloomberg: Cyprus concerned by Aegean Sea rhetoric (video)

https://knews.kathimerini.com.cy/en/news/kasoulides-on-bloomberg-cyprus-concerned-by-aegean-sea-rhetoric-video

Cyprus is wary of getting drawn into a potential conflict between Greece and Turkey as rhetoric between the countries intensifies, Cypriot Foreign Minister Ioannis Kasoulides said....

12. Reduced excise tax on fuel extended until mid-January

https://knews.kathimerini.com.cy/en/news/reduced-excise-tax-on-fuel-extended-until-mid-january

The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....

13. Turkey threatens Cyprus and East Med security over arms issue

https://knews.kathimerini.com.cy/en/news/turkey-threatens-cyprus-and-east-med-security-over-arms-issue

Turkey has threatened Cyprus and the Eastern Mediterranean and condemned the United States after the US decided to lift an arms embargo on Cyprus....

14. US lifts embargo on Cyprus but with Russian caveat

https://knews.kathimerini.com.cy/en/news/us-lifts-embargo-on-cyprus-but-with-russian-caveat

Washington says it will go all the way in lifting an arms embargo on the Republic of Cyprus starting next month, but defense trade restrictions could be reapplied at any time if Nicosia fails to implement certain steps against Russia...

15. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

16. US government getting serious about UFO's

https://knews.kathimerini.com.cy/en/news/us-government-getting-serious-about-ufo-s

The Pentagon will soon open an office focused exclusively on investigating UFO sightings, according to a statement released by the U.S. Department of Defense (DOD) on July 20....

17. Turkey's fiscal cooperation with occupied areas unacceptable

https://knews.kathimerini.com.cy/en/news/turkey-s-fiscal-cooperation-with-occupied-areas-unacceptable

Cyprus President Nicos Anastasiades intends to send letters to the UN Secretary-General, the EU, the guarantor powers and the US to inform them of the illegal protocol of economic and fiscal cooperation Turkey has signed with the regime in the island’s occupied areas....

18. The dilemmas of war and pandemic

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

19. Talk of doing good rings hollow among global elite in Davos

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-talk-of-doing-good-rings-hollow-among-global-elite-in-davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

20. EC projects economic slowdown and rising inflation in Cyprus

https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus

The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....

21. Petrides: 'Things will be difficult in the coming years'

https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years

The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....

22. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

23. Petrides: Government to continue support measures for vulnerable groups

https://knews.kathimerini.com.cy/en/news/petrides-government-to-continue-support-measures-for-vulnerable-groups

The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia....

24. Cyprus growth expected to ‘slow sharply’

https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply

Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...

25. Lagarde: Cyprus will be affected by inflation and rising energy costs

https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs

Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....

26. Moody's: Which countries are geopolitically and financially at risk from the war in Ukraine?

https://knews.kathimerini.com.cy/en/news/moody-s-which-countries-are-geopolitically-and-financially-at-risk-from-the-war-in-ukraine

Geopolitical tensions in Eastern Europe may have been high for years, but the Russian invasion of Ukraine is a paradigm shift in the post-Cold War European order of security,...

27. Cypriot officers being trained on how to handle rape and sexual assault cases

https://knews.kathimerini.com.cy/en/news/cypriot-officers-being-trained-on-how-to-handle-rape-and-sexual-assault-cases

Cypriot officials are visiting Glasgow this week to undertake training on the best methods to handle rape and serious sexual assault cases....

28. Fuel tax to be reduced by 7 cents per liter

https://knews.kathimerini.com.cy/en/news/fuel-tax-to-be-reduced-by-7-cents-per-liter

Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace....

29. Pandemic to ‘spell end of tax privileges for billionaires’

https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires

Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...

30. IMF: Forecasts for global recovery reduced to 4.4% for 2022

https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022

"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....

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