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12° Nicosia,
27 January, 2021
 

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Displaying results 1-30 of 416 matches for query investment.

1. Dueling small parties help pass budget

https://knews.kathimerini.com.cy/en/news/dueling-small-parties-help-pass-budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

2. COVID-19 is adding new impetus to finance transformation

https://knews.kathimerini.com.cy/en/business/covid-19-is-adding-new-impetus-to-finance-transformation

3. Former FinMin tells passport probe he shares part of blame

https://knews.kathimerini.com.cy/en/news/former-finmin-tells-passports-probe-he-shares-part-of-blame

Former Finance Minister Harris Georgiades told the independent investigative committee probing the citizenships by exception granted via the Republic’s nixed ‘golden passports’ program that “as a member of the Council of Ministers, I have a portion of the blame”. ...

4. Reporters to sit in on golden passport hearings

https://knews.kathimerini.com.cy/en/news/reporters-to-sit-in-on-golden-passport-hearings

A number of reporters will be allowed from now on to attend ongoing probe hearings into alleged corruption in connection with Cyprus’ disgraced Citizenship by Investment Programme, with journalists being asked to commit in advance not to breach data privacy laws...

5. Cyprus aiming for full absorption of EU funds

https://knews.kathimerini.com.cy/en/news/cyprus-aiming-for-full-absorption-of-eu-funds

Finance Minister Constantinos Petrides said Cyprus wants to achieve an absorption of 100% of the maximum of €968 million it could receive from the European structural and investment funds, but this requires that Cyprus invests in projects amounting to €1.8 billion....

6. Your gateway to global investment opportunities

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...

7. Cyprus, Portugal agree to take ties to next level

https://knews.kathimerini.com.cy/en/news/cyprus-portugal-agree-to-take-ties-to-next-level

Cyprus Foreign Minister Nikos Christodoulides paid an official visit to Portugal’s capital on Thursday for a tête-à-tête with his Portuguese counterpart Augusto Santos Silva on the occasion of Portugal’s assumption of the presidency of the Council of the European Union on January 1....

8. Kalogerou probe fails to impress opposition

https://knews.kathimerini.com.cy/en/news/kalogerou-probe-fails-to-impress-opposition

The chair of the ad hoc committee that looked into allegations of wrongdoing last year as Cyprus’ golden passports scandal was unfolding defended the choice to go after high profile cases, following criticism from opposition parties that say the focus was too narrow...

9. Report says ministry was shuffling papers

https://knews.kathimerini.com.cy/en/news/report-says-ministry-was-shuffling-papers

An initial redacted report on golden passports made public in the Republic of Cyprus on Tuesday painted a picture of an Interior Ministry serving as a “filing office” without ability to examine cases in any meaningful way, with opposition crying foul over the committees’ selective method...

10. Redacted report on golden passports published

https://knews.kathimerini.com.cy/en/news/redacted-report-to-be-published-noon

A redacted version of the Kalogerou report on golden passports is expected to be made public on Tuesday afternoon, amid criticism of the government from opposition parties calling for transparency in probing corruption allegations...

11. Britain and EU publish Brexit trade agreement

https://knews.kathimerini.com.cy/en/news/britain-and-eu-publish-brexit-trade-agreement

Britain and the European Union on Saturday published the text of a narrow trade agreement just five days before the United Kingdom exits one of the world’s biggest trading blocs in its most momentous global shift since the loss of empire ...

12. Report on passport scheme to be released, President says

https://knews.kathimerini.com.cy/en/news/report-on-passport-scheme-to-be-released-president-says

President Anastasiades said the report of the investigative committee spearheaded by Securities and Exchange Commissioner Demetra Kalorigou on the island’s disgraced citizenship-by-investment program will be released next Tuesday....

13. DIKO raises conflict of interest for AG

https://knews.kathimerini.com.cy/en/news/diko-raises-conflict-of-interest-for-ag

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

14. Cyprus’ passport probe dispute widens

https://knews.kathimerini.com.cy/en/news/cyprus-passport-probe-dispute-widens

Cypriot President Nicos Anastasiades and DIKO party leader Nicholas Papadopoulos took their disagreement over probing golden passports to a whole new level this week, while questions remained over the independent committee’s reassurances of transparency in the investigation...

15. Cyprus remains an attractive investment destination

https://knews.kathimerini.com.cy/en/business/cyprus-remains-an-attractive-investment-destination

Cyprus remains an attractive investment destination, especially among established investors ...

16. AG says release of 'golden passports' files would harm investigations

https://knews.kathimerini.com.cy/en/news/ag-says-release-of-golden-passports-files-would-harm-investigations

The findings of the investigative committee looking into the Cyprus’ disgraced Citizenship by Investment scheme will be made public to the degree that will not affect public interest, Attorney General Giorgos Savvides said Friday....

17. DBRS warns against protracted process in approving bugdet

https://knews.kathimerini.com.cy/en/news/dbrs-warns-against-protracted-process-in-approving-bugdet

Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....

18. Blame game in full swing after budget vote

https://knews.kathimerini.com.cy/en/news/blame-game-in-full-swing-after-budget-vote

The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...

19. State budget battles rage on in Cyprus

https://knews.kathimerini.com.cy/en/news/state-budget-battles-rage-on-in-cyprus

Ruling party DYSI has been mounting a campaign over the last 24 hours to secure votes to pass the state budget, which is up in the air over golden passport probe wars, with added pressure also causing rifts even within smaller parties...

20. Cyprus asked to clarify passport probe impasse

https://knews.kathimerini.com.cy/en/news/cyprus-asked-to-explain-passport-probe-impasse

The Cypriot government says it will comply with a request from an international organization of audit institutions, which asked to hear the administration’s view over the golden passports probe impasse after the state’s auditor sought support from the global network...

21. Golden passport findings hard to come by

https://knews.kathimerini.com.cy/en/news/golden-passport-findings-hard-to-come-by

The president of the Cyprus Bar Association says he has received adequate information from the audit office in connection with golden passports, adding that other agencies and officials have refused to share their findings citing direct orders from the interior minister...

22. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

https://knews.kathimerini.com.cy/en/news/finmin-confirms-cyprus-won-t-reinstate-‘golden-passports-scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

23. State budget up in the air over golden passports

https://knews.kathimerini.com.cy/en/news/state-budget-up-in-the-air-over-golden-passports

Opposition parties are cranking up the pressure on Interior Minister Nikos Nouris, who has been refusing to hand over files in connection with the golden passports scandal, with the Democratic Party making good on its promise not to vote the state budget later this month if there is no transparency...

24. Cyprus calls on Turkey to engage in maritime zone delimitation talks

https://knews.kathimerini.com.cy/en/news/cyprus-calls-on-turkey-to-engage-in-maritime-zone-delimitation-talks

In an interview with the UAE television channel Alarabiya, defence minister Charalambos Petrides called on Turkey to accept the Republic of Cyprus’ invitation to engage in talks in view of reaching an agreement over the delimitation of the contested maritime zones between the two countries, or alternatively refer the issue to the International Court of Justice....

25. President says anti-corruption measures to be announced by year's end

https://knews.kathimerini.com.cy/en/news/president-says-anti-corruption-measures-to-be-announced-by-year-s-end

The new anti-corruption measures will be announced to the public before the end of the year, President Nicos Anastasiades said Wednesday, noting that the delay is due to the government’s efforts to take into account the suggestions of all stakeholders....

26. Cyprus' auditor general makes Jiu Jitsu move

https://knews.kathimerini.com.cy/en/news/auditor-general-makes-jiu-jitsu-move

The audit office is reportedly preparing an unflattering report on Cyprus’ film industry government scheme, with local media suggesting some type of possible connection between newly-established Olivewood and golden passports...

27. Government ups rhetoric against auditor

https://knews.kathimerini.com.cy/en/news/government-ups-rhetoric-against-auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...

28. Greece, UAE commit to mutual defense assistance

https://knews.kathimerini.com.cy/en/news/greece-uae-commit-to-mutual-defense-assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

29. Cyprus experiencing excessive macroeconomic imbalances

https://knews.kathimerini.com.cy/en/news/cyprus-experiencing-excessive-macroeconomic-imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

30. Al Jazeera turns attention to Jho Low

https://knews.kathimerini.com.cy/en/news/al-jazeera-turns-attention-to-jho-low

Cypriot-naturalized citizen Jho Low, the Malaysian fugitive financier whose golden passports came under scrutiny last year, was back in the news this week after Al Jazeera published a video with actual voice recordings of 'the biggest fish' seeking a way out of the 1MDB colossal scandal...

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