https://knews.kathimerini.com.cy/en/news/government-announces-new-housing-schemes-and-incentives
New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-new-tourism-schemes-as-arrivals-plummet
Nine incentive schemes promoting the development and boosting of targeted forms of tourism were approved by Cabinet on Monday, when the Cyprus statistical service (Cystat) announced that Cyprus marked a 79.9% drop in arrivals in 2020 compared to the year before....
https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe
Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....
https://knews.kathimerini.com.cy/en/news/archbishop-will-restore-demolished-houses-disy-councillor-says
Attorney General Giorgos Savvides, weighed in on the commotion caused by the Archbishopric’s unlawful demolition on Monday of four listed houses adjacent of its under-construction Cathedral project in the old town of Nicosia....
https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....
https://knews.kathimerini.com.cy/en/news/officials-want-young-people-settle-strovilia
Dherynia officials are seeking ways to have young people populate abandoned homes in Strovilia, on British Base soil, despite challenges stemming from restrictions that were somewhat eased last year...
https://knews.kathimerini.com.cy/en/news/government-okays-schemes-tackling-unemployment
The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....
https://knews.kathimerini.com.cy/en/news/traffic-cameras-by-early-2021-transport-minister-says
The installation of traffic cameras across the Cyprus road network is scheduled to begin in early 2021, transport minister Yiannis Karousos said Thursday....
https://knews.kathimerini.com.cy/en/news/sanctions-unfeasible-and-ineffective
Nathalie Tocci was a close adviser to former EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, during the years when the Cyprus Problem came – according to many - closer than ever to a solution. Today, she is a close advisor to Josep Borrell and, having monitored the Cyprus Problem for many years and having played a central role in the effort to formulate a European strategy for foreign policy, she has a strong view not only on Cyprus but also on the Greek-Turkish conflict. At the same time, she takes a critical approach to the efforts exerted by Athens and Nicosia to link sanctions against Turkey with those against Belarus.
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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/cypriot-minister-rides-bicycle-boom-wave
Bicycle commuting conditions around town may not be ideal in Cyprus but a minister is on a mission to change that, with reports saying a proposal may soon reach the Cabinet...
https://knews.kathimerini.com.cy/en/news/commission-approves-€6-3m-incentive-scheme-to-boost-cyprus-air-connectivity
The European Commission on Thursday approved a €6.3 million incentive scheme aiming to boost Cyprus air connectivity and tourism through incentivizing airlines affected by the coronavirus outbreak to re-establish air routes to and from the island....
https://knews.kathimerini.com.cy/en/news/new-scheme-to-subsidize-airlines-conducting-flights-with-low-occupancy
Transport minister Yiannis Karousos on Wednesday announced a new scheme that will support airlines in view of stimulating passenger traffic....
https://knews.kathimerini.com.cy/en/news/finance-minister-makes-the-case-for-cyprus
Finance Minister Constantinos Petrides is confident the tourism industry in the Republic of Cyprus won’t have a catastrophic year following the pandemic, while calling on Europe to step up its recovery plan equally across the board...
https://knews.kathimerini.com.cy/en/news/cyprus-scores-wizz-air-base
Cypriot aviation scored a big win this week after Wizz Air said it would turn Larnaca airport into a base, as the island is trying to restore connectivity and the airline industry going through a hygiene makeover...
https://knews.kathimerini.com.cy/en/news/cyprus-to-foot-the-bill-for-infected-tourists
The Republic of Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation on the eastern Mediterranean island nation...
https://knews.kathimerini.com.cy/en/news/president-unveils-new-stimulus-package
President Nicos Anastasiades announced on Wednesday a new set of measures to support tourism, businesses, and the self-employed workers that took a hit in the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/coronavirus-icu-builders-turn-down-bonus
The contractors who built an Intensive Care Unit in less than a month at Nicosia General Hospital have returned their bonus check, offering the money as a donation to the state to buy ICU equipment...
https://knews.kathimerini.com.cy/en/news/the-market-needs-oxygen-finmin-says
The market needs oxygen, Finance Minister Constantinos Petrides said Monday, stressing that the least citizens expect from politicians is to reach a consensus in order to support the economy in line with a prudent policy without placing it in further danger....
https://knews.kathimerini.com.cy/en/news/1-cabinet-approves-new-bundle-of-support-measures
The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-join-to-tackle-tourism
The Hellenic Association of Travel & Tourist Agencies and the Association of Cyprus Travel Agents have agreed to submit a joint proposal to the governments of both countries for Cyprus and Greece to be considered a single area for tourism purposes...
https://knews.kathimerini.com.cy/en/business/employers-and-employees-in-the-age-of-covid-19-a-looming-battle
In modern times the world community has not faced a situation like the present, created by the Covid-19 pandemic. The Republic of Cyprus is among many countries fighting desperately to minimize damage on all fronts....
https://knews.kathimerini.com.cy/en/news/eu-leaders-call-for-recovery-plan
Cypriot President Nicos Anastasiades took part in a video conference with the EU leaders, as the bloc sought to find common ground on how best to share the burden...
https://knews.kathimerini.com.cy/en/news/shipping-deputy-minister-calls-for-action-to-maintain-competitiveness-of-european-shipping
Cyprus' Shipping Deputy Minister Natasa Pilides underlined "the need to maintain the competitiveness of European Shipping," during the debate on trade and competitiveness at a conference held within the framework of the European Maritime Week, in Brussels....
https://knews.kathimerini.com.cy/en/business/emerging-tech-can-bolster-sustainable-development-goals
Two-thirds of the 169 targets underpinning the global Sustainable Development Goals could be bolstered by technological innovation according to a new study by the World Economic Forum and PwC...
https://knews.kathimerini.com.cy/en/news/greek-position-on-eu-migration-pact
Greece’s position regarding the future of the migration and asylum pact that the European Commission is expected to table in the coming months rests on three fundamental principles: a European solution to a European challenge, a fair system that will stand the test of time, and the preservation of the European Union’s core values as enshrined in the EU Treaty....
https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-in-new-york-–-opportunities-substance-results
This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings.
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https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-corporate-tax-rate-to-15
The idea of raising the Cyprus corporate tax rate from 12.5% to 15% has been discussed at a meeting between Finance Minister Haris Georgiades and business executives...
https://knews.kathimerini.com.cy/en/news/ecb-warns-of-significant-negative-impact
The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented.
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https://knews.kathimerini.com.cy/en/news/2-two-new-recycling-and-composting-programmes-in-limassol
Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it.
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