https://knews.kathimerini.com.cy/en/business/additional-revenues-of-4-7-billion-euros-needed-to-reach-targets
The Greek government will have to collect additional tax revenues of 4.7 billion euros in the first post-bailout period of enhanced supervision (2018-2022) by its creditors, in order to achieve the agreed primary surpluses and record surpluses....
https://knews.kathimerini.com.cy/en/comment/opinion/come-back-support-greece
We are caught between celebrations over Greece’s “clean exit” from the bailout programs on one hand and, on the other, allegations that the country has effectively signed up to what can be considered a “fourth memorandum” and is headed to economic disaster....
https://knews.kathimerini.com.cy/en/news/shadows-loom-over-government-s-‘clean-exit-scenario
Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....
https://knews.kathimerini.com.cy/en/business/greek-bank-deposits-rise-in-june-for-fifth-month-in-a-row
Greek bank deposits rose in June for a fifth consecutive month, increasing by 1.3 billion euros ($1.52 billion), central bank data showed on Wednesday....
https://knews.kathimerini.com.cy/en/comment/opinion/investing-in-knowledge
A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....
https://knews.kathimerini.com.cy/en/comment/opinion/no-more-pretexts
The world will never be the same since Donald Trump was installed in the White House. In a sense, his election was unavoidable. Not because matters became unbearable in the last 30 years after the fall of the communist system in Europe. Rather, it was because they became in a way unnatural....
https://knews.kathimerini.com.cy/en/news/pee-power-of-cypriot-scientist-travels-to-kenya
A Cypriot professor is behind a technology that converts urine into electricity that was introduced in Nairobi, Kenya last month, after its successful trial in a boarding school, in Kisoro, Uganda...
https://knews.kathimerini.com.cy/en/news/government-exploring-ways-to-suspend-pension-cuts
The government is hoping that surpluses at the Single Social Security Entity (EFKA) will allow the non-implementation of pre-legislated pension cuts on January 1 next year....
https://knews.kathimerini.com.cy/en/news/greek-airports-unprepared-for-increased-traffic-volume
Pressured by the explosive growth of passenger numbers generated by Greece’s expanding tourism market, officials are calling for additional air traffic controllers to ensure safe travel....
https://knews.kathimerini.com.cy/en/news/nd-tsipras-s-delusions-delayed-debt-deal-by-four-years
Commenting on the debt deal for Greece secured at the Eurogroup summit early on Friday, conservative New Democracy said that agreement could have been achieved in 2015 if Alexis Tsipras, then opposition leader, had not been "peddling his delusions on the backs of Greek citizens."...
https://knews.kathimerini.com.cy/en/news/conference-on-funds-cryptocurrencies-a-success
A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...
https://knews.kathimerini.com.cy/en/business/greece-cannot-afford-policy-reversal-after-bailout-ends-says-eu-s-costello
Greece is on course to complete its third international bailout program but cannot afford to backtrack on adopted reforms after its expiration in August, the European Commission’s mission chief to Greece said on Thursday....
https://knews.kathimerini.com.cy/en/news/cto-sees-tourism-potential-despite-russian-defect
The Cyprus Tourism Organisation says tourist arrivals are expected to rise in 2018 despite a drop in Russian visitors to the island, while the government is moving forward with new plans for tourism on the island...
https://knews.kathimerini.com.cy/en/business/passport-scheme-could-bring-‘dutch-disease-in-cyprus
The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...
https://knews.kathimerini.com.cy/en/life/turkey-s-muslim-friendly-holidays-find-a-modest-place-in-the-sun
Turkey’s $26 billion tourism industry has been battered by security fears and political disputes in recent years but one corner of the market is quietly growing - beach holidays for conservative Muslims...
https://knews.kathimerini.com.cy/en/news/britons-dash-to-become-german-before-brexit
Driven by the prospect of Britain’s withdrawal from the European Union next year, the number of British passport holders who became German citizens jumped by 162 percent last year, Germany’s Federal Statistics Office said on Wednesday...
https://knews.kathimerini.com.cy/en/business/cyprus-forecasts-high-gdp-growth-of-3-plus-until-2021
High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...
https://knews.kathimerini.com.cy/en/business/cyprus-malta-greece-want-red-tape-cut-to-boost-shipping
The shipping ministers of Cyprus, Malta and Greece say they want the European Union to cut red tape holding back growth in the sector, which they say provides 2.1 million jobs and 142 billion euros to Europe's economy...
https://knews.kathimerini.com.cy/en/business/booing-cyprus-breaks-more-tourism-records
An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...
https://knews.kathimerini.com.cy/en/life/netflix-s-next-act-feeding-the-service-with-its-own-movies
As Hollywood studios unleash their summer blockbusters into theatres, Netflix is trying to give film buffs a reason to stay home...
https://knews.kathimerini.com.cy/en/life/international-congress-on-greece-and-cyprus-geoparks
The first International Congress of UNESCO Geoparks in Greece and Cyprus will take place in Athens on Thursday and Friday...
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-grows-by-0-8-in-the-first-three-months
Bailed out eurozone member Cyprus notched up its 13th consecutive quarter in positive growth with GDP rising 0.8 percent in the first quarter, an official estimate showed...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/business/ebrd-more-upbeat-about-cyprus-growth-rate
The European Bank for Reconstruction and Development has revised significantly its projection for Cyprus’ economic growth rate this year, in the context of a wider upward revision of its forecasts for the EBRD regions...
https://knews.kathimerini.com.cy/en/business/cyprus-residency-and-citizenship-by-investment-scheme-remains-appealing-to-investors
With more than three decades of presence operating as a leading international advisory services firm, K. Treppides & Co Ltd offers insight into the latest residency and investment trends to impact Cyprus...
https://knews.kathimerini.com.cy/en/business/greece-s-new-startup-culture-technology-and-seagrass-sunglasses
Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...
https://knews.kathimerini.com.cy/en/business/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%.
...
https://knews.kathimerini.com.cy/en/business/new-limassol-passenger-terminal-marks-new-era
A new passenger terminal at Limassol port paves the way for a new era in tourism and maritime industries for the southern town and Cyprus...
https://knews.kathimerini.com.cy/en/news/greek-island-protest-about-migrant-influx-turns-violent
Greek riot police fired tear gas Thursday to try to disperse angry protesters on the island of Lesvos who tried to topple a police bus during a demonstration against a European Union migration policy....
https://knews.kathimerini.com.cy/en/business/adidas-sticks-by-kanye-west-after-slavery-remarks
Adidas remains committed to the Yeezy brand created by rapper Kanye West despite his comments describing slavery as a choice and praising US President Donald Trump...
