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211. 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 ...

212. 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...

213. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

214. Greek PM in charm offensive aiming to ease primary surplus targets

Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....

215. Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

216. Moody’s calls for reform implementation to boost Greek growth

Greece’s credit profile is constrained by the country’s elevated debt burden, moderate growth prospects and weak banking system, Moody's Investors Service said in an annual report Thursday, adding that the new government’s implementation of reforms agreed with lenders would bolster growth....

217. Foreclosure legislation deemed unconstitutional

Finance Minister Haris Georgiades said on Tuesday that "a legislative framework must be effective, it must not change frequently, in order to create a trustworthy framework that will enable us to manage this last remaining problem of non-performing loans.'' ...

218. Eurogroup rules out any talk of primary surplus target reduction for Greece

Discussion on Greece was brief at Monday’s Eurogroup, but the council of eurozone finance minsters sent a clear message to Athens that creditors are ready to cooperate with the new government while warning that the handouts announced in May by the previous administration are putting growth and fiscal targets at risk...

219. The others were Merkel’s puppets, we were just naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

220. US bill calls for end to Russian military vessels refueling in Cyprus

The Eastern Mediterranean Security and Energy Partnership Act of 2019 would allow the U.S. to fully support the trilateral partnership of Israel, Greece, and Cyprus through energy and defense cooperation initiatives...

221. When necessity becomes history

222. Fiscal Council: Implement reforms and maintain surpluses

223. Anastasiadescare

224. IMF: Cyprus economic recovery gradually decelerating but remains strong

225. A new chapter for Greece

226. Cyprus 'one of the success stories of ESM'

227. Greek PM unveils tax, pension relief measures ahead of elections

Greece’s lefist Prime Minister Alexis Tsipras on Tuesday unveiled additional tax and pension “relief measures,” weeks before a European Parliament election....

228. Cyprus fiscal debt at 102,5% of GDP

229. President reiterates commitment to high economic growth

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

231. Finance Minister: To avoid trouble, don't defy economic logic

232. 10th Economic Ideas Forum takes on Cyprus economic reforms

233. Finish what you started on reforms, IMF tells Greece

234. Eurogroup may put off tranche decision to Greece

The chances that the 1-billion-euro tranche will be disbursed to Greece are diminishing, as this Monday’s Eurogroup is not expected to grant its approval, given that the Greek government has not completed all the necessary reforms, according to a eurozone official who spoke to reporters on Thursday....

235. President stands by Finance Minister

236. Parsimonious northerners are the euro's biggest winners, study shows

Germany and the Netherlands have benefited enormously from the euro over the 20 years since its launch, a study has found, while for almost every other member the single currency has been a serious drag on economic growth....

237. Confidence confirmed as Cyprus issues first ever 15-year bond

238. Cyprus prepares to tap international markets after early repayments

239. Greece can count on Germany, Merkel tells Kathimerini

240. Cyprus and UK sign new pension protocol