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/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/news/manafort-lawyer-blames-cyprus-accounts-on-oligarchs
Prosecutors described Paul Manafort as a “shrewd” liar and accused him of misleading his tax preparers, banks, and US authorities in claiming that secret accounts did not exist...
https://knews.kathimerini.com.cy/en/news/eu-warns-airbnb-over-unfair-practices
Cyprus hoteliers got a helping hand this week in their fight for more restrictions on Airbnb, following a European Union warning to the American platform to improve its practices or face action by national consumer agencies...
https://knews.kathimerini.com.cy/en/news/citizen-service-centres-cancel-monday-strike
The Citizen Service Centres around the island will not be closed Monday morning after all, but employees say they are swamped with MIG welfare recipients and so they will accept application forms but won't not answer MIG questions...
https://knews.kathimerini.com.cy/en/business/energean-commits-to-eastern-mediterranean
Energean is seeking approval from Cyprus for the Greek oil and gas firm to build a pipeline from its Israeli offshore gas fields and import 0.5 to 1 billion cubic meters of gas a year to the island...
https://knews.kathimerini.com.cy/en/news/cabinet-okays-homeowner-plan-ahead-of-crucial-house-session
The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...
https://knews.kathimerini.com.cy/en/news/co-op-deal-with-hellenic-still-up-in-the-air
The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...
https://knews.kathimerini.com.cy/en/news/take-away-lessons-from-cyprus-in-the-digital-agenda
Cyprus is turning the page in the digital age era but there are still many steps in the path forward. This appears to be the general conclusion from Thursday’s conference on "Cyprus in the Digital Agenda" organised by Kathimerini newspaper and the SPP MEDIA Group...
https://knews.kathimerini.com.cy/en/news/may-tourists-up-7-6-despite-russian-drop
Tourist arrivals went up by 7.6% last month, lending credence to earlier predictions that industry numbers were on a good path despite a disappointing Russian exit...
https://knews.kathimerini.com.cy/en/news/debt-collectors-to-go-after-unpaid-electricity-bills
The Cyprus Electricity Authority is resorting to private debt collectors to go after unpaid bills, following criticism that the organisation lost €65 million in late payments or defaulted accounts...
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/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/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/news/britain-slashes-top-stake-on-gambling-machines-to-£2
Britain will cut the maximum stake on fixed odds betting terminals to just two pounds after the government rejected claims that it would damage the industry in favour of efforts to tackle problem gambling...
https://knews.kathimerini.com.cy/en/news/trump-reimbursed-attorney-who-paid-off-porn-star
President Donald Trump acknowledged for the first time in an ethics disclosure that he repaid more than $100,000 to former personal attorney Michael Cohen, renewing questions about Trump’s ties to porn star Stormy Daniels...
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-income-spikes-13
Revenue from Cyprus tourism jumped 13% in February compared to last year, official data showed Friday...
https://knews.kathimerini.com.cy/en/business/first-shipping-minister-sets-ambitious-targets-for-cyprus
The country’s location and tax system have made it a shipping magnet -- drawing maritime companies from Norway, Greece, Dubai and South Korea -- and prompting the creation of a ministry for the industry...
https://knews.kathimerini.com.cy/en/life/average-cyprus-home-is-bigger-than-anywhere-in-europe
The average size of a house in Cyprus is 141.4 metres squared making it the biggest in Europe, the Statistical Service said on Tuesday....
https://knews.kathimerini.com.cy/en/business/cyprus-citizenship-and-residency-through-investment
A lot has been said about the investment path to citizenship or residency in Cyprus, often clouding perceptions on all the different issues associated with the programme...
https://knews.kathimerini.com.cy/en/news/cypriot-university-attracts-greek-scholars
Greek academics and students are looking to Cyprus for work and educational opportunities, in hope of escaping the distortions of the Greek market and stubbornly high unemployment...
https://knews.kathimerini.com.cy/en/business/legislation-in-the-works-to-tax-airbnb-rentals-in-cyprus
Home owners who rent out their properties through Airbnb will have to pay taxes if a new law is passed in the Republic of Cyprus, but this may not be enough for tourism stakeholders who have been calling for more restrictions on the online service....
https://knews.kathimerini.com.cy/en/comment/politcsblog-loans-to-politicians
The Non-Performing Loans (NPL) associated with political public figures reach over €160 million just in the cooperative bank alone. New measures are welcome but can they deliver?...
https://knews.kathimerini.com.cy/en/life/issues-of-violence-are-primary-concern-to-women-across-both-communities-in-cyprus
The survey aimed at examining the position of women, their perceptions, aspirations and experiences across the Greek Cypriot and the Turkish Cypriot communities with respect to personal, professional and political issues...
https://knews.kathimerini.com.cy/en/business/finmin-revenue-from-npls-management-will-repay-cost-of-support-to-co-op
Government moves include establishing an asset – management company, based on conditions that the competent European institutions will set and depending on the finalisation of investment interest in the Co-op...
https://knews.kathimerini.com.cy/en/news/cyprus-registers-record-number-of-tourists-in-march
Tourist arrivals in March rocketed 36.4%...
https://knews.kathimerini.com.cy/en/business/netflix-programming-binge-pays-off-with-subscriber-surge
Netflix says it will spend up to $8 billion on global TV shows and movies in 2018...
https://knews.kathimerini.com.cy/en/news/tourists-not-scared-off-by-syria-attack
Cyprus remains a secure European destination with no flight schedule to and from Cyprus having been affected due to the recent military activity concerning Syria...
https://knews.kathimerini.com.cy/en/business/revenue-from-tourism-spikes-8-5-in-january
In January 2018 a decrease of 20.1% was recorded in the expenditure per person of tourists from the UK...
https://knews.kathimerini.com.cy/en/business/uk-house-price-growth-unexpectedly-slows-to-seven-month-low
Britain’s housing market has been hit by a squeeze on household incomes caused by higher inflation...
