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12° Nicosia,
29 March, 2024
 

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Displaying results 31-60 of 267 matches for query fiscal.

31. Cyprus unveils new e-consultation platform for public feedback

https://knews.kathimerini.com.cy/en/news/cyprus-unveils-new-e-consultation-platform-for-public-feedback

The Council of Ministers approved Thursday the establishment of a public consultation platform, known as e-consultation, Minister of Finance Makis Keravnos said after the Cabinet meeting....

32. Cyprus grapples with lingering private debt woes

https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes

In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....

33. Finance Ministry undergoes administration overhaul

https://knews.kathimerini.com.cy/en/news/finance-ministry-undergoes-administration-overhaul

34. Wolfgang Schäuble, former German Finance Minister, dies at 81

https://knews.kathimerini.com.cy/en/news/wolfgang-schauble-former-german-finance-minister-dies-at-81

Wolfgang Schäuble, the influential former German Finance Minister and speaker of the Bundestag, passed away at 81, leaving a profound mark on European financial affairs....

35. 2024 budget gets green light – Inside scoop on state wage proposals

https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals

The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...

36. CBC warns of non-performing loan surge amid economic challenges

https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges

The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....

37. Themis Themistocleous signals potential 2024 interest rate cut

https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

38. Cyprus economy receives positive rating boost

https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost

Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...

39. Cyprus-France convention breaks fiscal barriers

https://knews.kathimerini.com.cy/en/news/cyprus-france-convention-breaks-fiscal-barriers

In a strategic maneuver to bolster economic collaboration, Cyprus and France are gearing up to sign a pivotal Convention on Monday in the capital city of Nicosia....

40. Parekklisia students walk out, demand swift infrastructure attention

https://knews.kathimerini.com.cy/en/news/parekklisia-students-walk-out-demand-swift-infrastructure-attention

In a poignant demonstration against the school's crumbling infrastructure and alleged governmental negligence, students of Parekklisia Primary School orchestrated a two-hour walkout, seizing the streets with fervent calls for change....

41. ''The path to fighting inflation is difficult''

https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult

In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....

42. Fiscal Council cautions on 2024 economic risks despite optimism

https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism

Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....

43. €620M blueprint for transformative projects

https://knews.kathimerini.com.cy/en/news/€620m-blueprint-for-transformative-projects

The overall projects, totaling almost €620 million, are outlined in the Ministry of Internal Affairs Budget....

44. Cyprus gets BBB+ boost in latest ratings, but challenges persist

https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist

The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...

45. Shakira's €14.5m showdown ends with a €7m encore

https://knews.kathimerini.com.cy/en/news/shakira-s-€14-5m-showdown-ends-with-a-€7m-encore

Pop star Shakira has gracefully sidestepped a €14.5 million tax trial in Spain, sealing a last-minute deal with authorities just as proceedings were set to commence....

46. Central banks across Europe hold firm amidst rate cut speculations

https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations

Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...

47. Cyprus banks bracing for profit squeeze according to Moody's

https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s

Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....

48. PPC becomes new owner of ''Kotsovolos'' in €200 million deal

https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal

In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....

49. Biden's cabinet seeks $105 billion aid for Israel and Ukraine

https://knews.kathimerini.com.cy/en/news/biden-s-cabinet-seeks-$105-billion-aid-for-israel-and-ukraine

Defense Secretary Lloyd Austin and Secretary of State Antony Blinken will make the case Tuesday that the United States should immediately send aid to Israel and Ukraine, testifying at a Senate hearing as the administration’s massive $105 billion emergency aid request for conflicts in those countries and others has already hit roadblocks in the divided Congress. ...

50. Assessing the dual impact of government's support measures

https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures

Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....

51. New measures unveiled for energy and housing

https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing

In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....

52. ECB set to keep rates steady, says Central Bank of Cyprus governor

https://knews.kathimerini.com.cy/en/news/ecb-set-to-keep-rates-steady-says-central-bank-of-cyprus-governor

No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained, will contribute to the return of inflation to the medium-term target of 2%, Constantinos Herodotou, Governor of the Central Bank of Cyprus and ECB Governing Council member told CNA on Wednesday....

53. Piki shares the government's tech-powered 6-year plan

https://knews.kathimerini.com.cy/en/news/piki-shares-the-government-s-tech-powered-6-year-plan

The government is ramping up the execution of a series of projects, bolstering resources and expertise in collaboration with the Deputy Ministry of Research, Innovation, and Digital Policy, according to Irene Piki, Deputy Minister to the president....

54. Government to expand workforce in 2024

https://knews.kathimerini.com.cy/en/news/government-to-expand-workforce-in-2024

In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...

55. ECB keeps watchful eye on non-performing loans

https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans

The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...

56. Eurobank goes independent

https://knews.kathimerini.com.cy/en/business/eurobank-goes-independent

Eurobank Ergasias Services and Holdings SA has announced the repurchase of a total of 52.08 million shares previously held by the Financial Stability Fund, making it the first Greek systemic bank without state participation in its share capital following the 2010 crisis....

57. Finance Ministry's new measures for the vulnerable in the works

https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works

The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....

58. Inflation fears and green investments

https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

59. Moody's double upgrade ignites investor interest

https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest

Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....

60. New Deputy Gov't spokesman embraces role's demands, including long hours

https://knews.kathimerini.com.cy/en/news/new-deputy-gov-t-spokesman-embraces-role-s-demands-including-long-hours

Yiannis Antoniou, the newly appointed deputy government spokesman, assured that there would be no question of overtime in his role, recognizing the demanding hours the position entails....

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