https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu
With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....
https://knews.kathimerini.com.cy/en/news/10-reduction-in-electricity-costs
The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....
https://knews.kathimerini.com.cy/en/news/massive-forest-fire-ravages-greek-island
Firefighters and residents battled into the night Monday for a seventh day against a massive fire on Greece’s second-largest island as the nation endured what the prime minister described as 'a natural disaster of unprecedented proportions'...
https://knews.kathimerini.com.cy/en/news/cyprus-closer-to-normality-and-freedom
A mere 69 coronavirus cases were announced on Wednesday as COVID deaths became less frequent in the Republic of Cyprus, with a positivity rate down to 0,17% prompting authorities to announce the next step of easing pandemic restrictions...
https://knews.kathimerini.com.cy/en/news/sms-not-needed-for-holy-week-churchgoers
Eastern Orthodox churchgoers in the Republic of Cyprus no longer need to send an SMS before attending service during Holy Week, based on an FAQ issued by the government on Monday revising and clarifying the latest lockdown measures...
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-on-eve-of-third-lockdown
Cyprus' Health Minister Constantinos Ioannou has announced a two-week lockdown starting Monday, including a revision for Holy Saturday midnight mass after Archbishop Chrysostomos cried foul over rules that were 'unacceptable'...
https://knews.kathimerini.com.cy/en/news/cabinet-decides-lockdown-after-golgotha-meeting
After a tough debate amongst ministers over how the government ought to respond to a deteriorating pandemic situation, a proposal for a short and partial lockdown was approved at the last minute after the Cypriot health minister ascended his Calvary to secure a lockdown ahead of Orthodox Holy Week...
https://knews.kathimerini.com.cy/en/news/cyprus-hopes-for-breather-on-green-monday
People in Cyprus are hoping to catch a break on Green Monday, with the government easing restrictions on nature outings on the public holiday and forecasters unsure if weather will cooperate...
https://knews.kathimerini.com.cy/en/news/cyprus-far-more-cautious-in-next-step
The Cypriot government is moving ahead with further relaxation of measures against the pandemic, with the announcement coming two days after a Cabinet decision that was delayed due to high hospitalization rates but also reports that not all ministers were on the same page...
https://knews.kathimerini.com.cy/en/news/anastasiades-joins-euco-summit-prep-with-eu-leaders
President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...
https://knews.kathimerini.com.cy/en/business/your-gateway-to-global-investment-opportunities
In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...
https://knews.kathimerini.com.cy/en/news/boy-dies-after-parents-shot-to-death
A teenager in the north died Friday morning after allegedly shooting and killing his parents before turning the gun on himself, with reports saying his older brother managed to escape from certain death...
https://knews.kathimerini.com.cy/en/news/eu-warns-against-easing-pandemic-containing-measures
As millions of European citizens gear up for the festive season, the European Union's executive commission urged member countries to keep strong anti-Covid-19 restrictions in place to avoid a post-holiday surge of coronavirus cases and deaths but stopped short of advising against travel....
https://knews.kathimerini.com.cy/en/business/megatrends-that-will-shape-the-future
EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...
https://knews.kathimerini.com.cy/en/news/22-3-of-cyprus-population-at-risk-of-poverty
The most recent European Statistics on Income and Living Conditions (EU-SILC) 2019 survey shows that 22.3% of the Cyprus population, that is 194,400 persons, are living in households that are at risk of poverty or social exclusion....
https://knews.kathimerini.com.cy/en/news/a-second-lockdown-would-be-a-grim-financial-equation
With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....
https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy
The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....
https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says
Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/eu-issues-10-commandments-for-safe-travel
As EU countries gradually lift confinement measures, Europeans may be able to travel this summer, provided the health situation and national restrictions allow....
https://knews.kathimerini.com.cy/en/news/eu-unveils-guidelines-for-travel-tourism
The European Commission unveiled a series of measures aimed at ensuring people can start traveling safely across the continent again as governments try to revive tourism and airline industries brought to a halt by the coronavirus....
https://knews.kathimerini.com.cy/en/news/young-man-stabbed-to-death-by-housemate
A young man living in rural Nicosia turned himself in to police after stabbing his roommate to death during a fight...
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-population-unable-to-cope-with-unexpected-expenses
Almost half (48%) of the populations of both Cyprus and Greece were unable to cope with unexpected financial expenses last year, data released by the European statistical service (Eurostat) on Tuesday showed....
https://knews.kathimerini.com.cy/en/news/lagarde-draws-line-on-how-far-ecb-largesse-can-go
European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult....
https://knews.kathimerini.com.cy/en/news/eac-vows-to-credit-back-overcharges
An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...
https://knews.kathimerini.com.cy/en/news/pwc-2020-to-be-year-of-‘slowbalisation-for-global-economy
Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...
https://knews.kathimerini.com.cy/en/business/businesses-must-address-digital-fatigue-and-consumer-privacy
https://knews.kathimerini.com.cy/en/news/boy-who-killed-sister-released-from-athalassa
A teenager who was locked up in a mental hospital is going home one year to the day after stabbing his sister to death in Larnaca...
https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/business/overtaxation-led-to-tax-evasion
Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...
https://knews.kathimerini.com.cy/en/business/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.
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