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12° Nicosia,
16 May, 2021
 

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Displaying results 1-30 of 70 matches for query public debt.

1. FinMin: Cyprus to reduce debt once pandemic normalises

https://knews.kathimerini.com.cy/en/news/cyprus-to-reduce-debt-once-pandemic-normalises-finmin-says

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

2. Policy priorities unaffected by pandemic, FinMin says

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....

3. Cyprus launches online social insurance payment system

https://knews.kathimerini.com.cy/en/news/cyprus-launches-online-social-insurance-payment-system

Cyprus’ new online system for the payment of social insurance contributions was presented on Thursday by Labour Minister Zeta Emilianidou and Deputy Minister for Research, Innovation and Digital Policy Kyriakos Kokkinos....

4. 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....

5. Fresh total lockdown out of the question for Cyprus govt

https://knews.kathimerini.com.cy/en/news/fresh-total-lockdown-out-of-the-question-for-cyprus-govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

6. Cyprus prisons stoked about NETFLIX series

https://knews.kathimerini.com.cy/en/news/cyprus-prisons-stoked-about-netflix-series

Nicosia Central Prisons could be featured on NETFLIX series 'Inside the World’s Toughest Prisons' if a deal goes through, with local authorities hoping to showcase an alternative penitentiary model...

7. Cyprus and Russia come to terms

https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms

It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...

8. Cyprus police question Russian businessman linked with Beirut deadly cargo

https://knews.kathimerini.com.cy/en/news/cyprus-police-question-russian-businessman-linked-with-beirut-deadly-cargo

Cyprus police said Thursday that they located and brought in for questioning the Limassol-based Russian who has been identified as the former owner of the company that managed the vessel from which the 2,700 tonnes of ammonium nitrate that caused Beirut’s deadly blast late on Tuesday were unloaded....

9. No progress among EU leaders on virus recovery deal

https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

10. Cyprus the highest climber in IMD 2020 World Competitiveness Ranking

https://knews.kathimerini.com.cy/en/news/cyprus-the-highest-climber-in-imd-2020-world-competitiveness-ranking

Cyprus was the highest climber in the 2020 IMD World Competitiveness Rankings, marking an improvement in all four categories that make up the overall ranking....

11. Greece will be better prepared for second wave of Covid-19, PM says

https://knews.kathimerini.com.cy/en/news/greece-will-be-better-prepared-for-second-wave-of-covid-19-pm-says

Greece will be better prepared if the coronavirus pandemic resurfaces in fall, Prime Minister Kyriakos Mitsotakis said on a television interview on Sunday night....

12. Cyprus public debt spikes to €24.5 billion due to Covid-19 crisis

https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-spikes-to-€24-5-billion-due-to-covid-19-crisis

Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....

13. Eurozone set for record recession, EU Commission warns

https://knews.kathimerini.com.cy/en/news/eurozone-set-for-record-recession-eu-commission-warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

14. Lagarde draws line on how far ECB largesse can go

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....

15. Coronavirus derails southern Europe's clean-up from the last crisis

https://knews.kathimerini.com.cy/en/news/coronavirus-derails-southern-europe-s-clean-up-from-the-last-crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

16. Financial measures tackle coronavirus in Cyprus

https://knews.kathimerini.com.cy/en/business/financial-measures-tackle-coronavirus-in-cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

17. Cyprus' debt at €20.74 billion in end of 2019

https://knews.kathimerini.com.cy/en/news/cyprus-debt-at-€20-74-billion-in-end-of-2019

18. Cyprus enjoys strong growth prospects but contingent liabilities remain

https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

19. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

20. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

21. Moody's changes Cyprus outlook to positive

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...

22. Four New Partners at Harris Kyriakides LLC

https://knews.kathimerini.com.cy/en/business/four-new-partners-at-harris-kyriakides-llc

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

23. Looking for true followers

https://knews.kathimerini.com.cy/en/comment/opinion/looking-for-true-followers

Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures. ...

24. Cyprus to fully repay IMF loan in 2020

https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020

According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP ...

25. Scope rates Cyprus with BBB-

https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

26. The others were Merkel’s puppets, we were just naive

https://knews.kathimerini.com.cy/en/comment/opinion/the-others-were-merkel-s-puppets-we-were-just-naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

27. When necessity becomes history

https://knews.kathimerini.com.cy/en/comment/opinion/when-necessity-becomes-history

28. Fiscal Council: Implement reforms and maintain surpluses

https://knews.kathimerini.com.cy/en/news/fiscal-council-implement-reforms-and-maintain-surpluses

29. IMF: Cyprus economic recovery gradually decelerating but remains strong

https://knews.kathimerini.com.cy/en/business/imf-cyprus-economic-recovery-gradually-decelerating-but-remains-strong

30. Cyprus 'one of the success stories of ESM'

https://knews.kathimerini.com.cy/en/news/cyprus-one-of-the-success-stories-of-esm
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