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12° Nicosia,
13 August, 2020
 

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Displaying results 1-30 of 36 matches for query recovery fund.

1. Beirut calls off search and rescue

https://knews.kathimerini.com.cy/en/news/beirut-calls-off-search-and-rescue

The Cypriot rescue mission in Beirut was on its way back to the island after Lebanon shifted its search and rescue focus to recovery, while world leaders including Anastasiades pledged aid amid violent protests over the weekend. ...

2. Cyprus to draw over €2.7b from EU pandemic recovery fund

https://knews.kathimerini.com.cy/en/news/cyprus-to-draw-over-€2-7b-from-eu-pandemic-recovery-fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

3. EU summit breaks up after all-night talks, to resume later

https://knews.kathimerini.com.cy/en/news/eu-summit-breaks-up-after-all-night-talks-to-resume-later

A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....

4. Greek-Turkish ties come under strain

https://knews.kathimerini.com.cy/en/news/greek-turkish-ties-come-under-strain

The already tense relationship between Greece and Turkey has been strained further in the wake of Ankara’s leaking of a supposedly secret meeting between Greek, Turkish and German officials following Turkey’s controversial decision to convert Istanbul’s Hagia Sophia into a mosque and amid an increasingly aggressive Turkish stance in the East Mediterranean. The already tense relationship between Greece and Turkey has been strained further in the wake of Ankara’s leaking of a supposedly secret meeting between Greek, Turkish and German officials following Turkey’s controversial decision to convert Istanbul’s Hagia Sophia into a mosque and amid an increasingly aggressive Turkish stance in the East Mediterranean. ...

5. Berlin bridge-building effort undermined by Ankara

https://knews.kathimerini.com.cy/en/news/berlin-bridge-building-effort-undermined-by-ankara

Turkish Foreign Minister Mevlut Cavusoglu on Tuesday revealed that a secret trilateral meeting between Turkish, German and Greek officials, mediated by Berlin, took place ahead of the European Union Foreign Affairs Council on Monday in the wake of Turkey’s controversial decision to convert Istanbul’s Hagia Sophia into a mosque. ...

6. EU raises its bet on blood plasma in search for Covid-19 treatment

https://knews.kathimerini.com.cy/en/news/eu-raises-its-bet-on-blood-plasma-in-search-for-covid-19-treatment

The European Union wants to fast-track funding to treat Covid-19 patients with blood plasma collected from survivors, an EU document seen by Reuters shows, in a sign of the bloc’s growing confidence in the experimental treatment....

7. Berlin ready to support Cyprus solution process

https://knews.kathimerini.com.cy/en/news/berlin-ready-to-support-cyprus-solution-process

Berlin intends to be supportive if asked to do so by all parties involved in Cyprus settlement efforts, the Ambassador of Germany to Cyprus, Franz Josef Kremp, told the Cyprus News Agency....

8. New Ministers of Justice and Defence sworn in

https://knews.kathimerini.com.cy/en/news/new-justice-defence-ministers-sworn-in

The new Ministers of Justice and Defence, Emily Yiolitis and Charalambos Petrides, were sworn in at the Presidential Palace on Monday....

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. Anastasides and Merkel discuss Turkish drilling plans, Covid-19 exit strategies

https://knews.kathimerini.com.cy/en/news/anastasides-and-merkel-discuss-turkish-energy-designs-covid-19-exit-plans

President Nicos Anastasiades and German Chancellor Angela Merkel discussed on Thursday Turkey’s illegal drilling activities in the Cyprus Exclusive Economic Zone (EEZ), but also touched on the repercussions of the COVID-19 pandemic, and EU issues....

11. FinMin delves into details of 'new, more targeted measures'

https://knews.kathimerini.com.cy/en/news/finmin-delves-into-details-of-new-more-targeted-measures

Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....

12. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

https://knews.kathimerini.com.cy/en/news/repair-and-prepare-eu-unveils-€750-bln-plan-for-coronavirus-recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

13. Cyprus to get €2.5 billion, EU Commission proposal says

https://knews.kathimerini.com.cy/en/news/cyprus-to-get-€2-5-billion-according-to-eu-commission-proposal

The European Commission will propose on Wednesday that Cyprus gets €1.433 billion of the new recovery fund, and €2.52 billion in total....

14. Government funds not unlimited, Finance Minister warns

https://knews.kathimerini.com.cy/en/news/government-funds-are-not-unlimited-finance-minister-warns

Finance Minister Constantinos Petrides said Monday that the government does not have unlimited funds with which to support the local economy during these tough times....

15. Euro zone ministers look for economy quick fixes

https://knews.kathimerini.com.cy/en/news/euro-zone-ministers-look-for-economy-quick-fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

16. President: Partial lockdown of airports, schools to remain closed until April 10

https://knews.kathimerini.com.cy/en/news/president-partial-lockdown-of-airports-schools-to-remain-closed-until-april-10

President Nicos Anastasiades addressed the nation on Friday night after the week saw cumulative confirmations of coronavirus cases across the divide....

17. Cyprus Econ Council begins work on future sustainable growth blueprint

https://knews.kathimerini.com.cy/en/news/cyprus-econ-council-begins-work-on-future-sustainable-growth-blueprint

The Cyprus Economy and Competitiveness Council (CECC) has announced the start of a project aiming to draft a blueprint on Cyprus’ future long term sustainable economic growth....

18. Financier's Cypriot passport rocks the boat

https://knews.kathimerini.com.cy/en/news/fugitive-financier-s-cypriot-passport-rocks-the-boat

A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...

19. Britain's Thomas Cook scrambles for £200 million to avert collapse

https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

20. 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 ...

21. Chinese Ambassador to Cyprus: No one stands to win in a trade war

https://knews.kathimerini.com.cy/en/news/chinese-ambassador-to-cyprus-no-one-stands-to-win-in-a-trade-war

22. 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

23. President reiterates commitment to high economic growth

https://knews.kathimerini.com.cy/en/news/president-reiterates-commitment-to-high-economic-growth

24. IMF warns of 'increasing headwinds to sustained growth'

https://knews.kathimerini.com.cy/en/news/imf-warns-of-increasing-headwinds-to-sustained-growth

25. Finish what you started on reforms, IMF tells Greece

https://knews.kathimerini.com.cy/en/news/finish-what-you-started-on-reforms-imf-tells-greece

26. Cyprus's first private power station to reduce electricity prices

https://knews.kathimerini.com.cy/en/news/cyprus-s-first-private-power-station-to-reduce-electricity-prices

27. Hellenic Bank’s Economic Review

https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-economic-review

28. Bank of Cyprus CEO makes the case for Cyprus recovery

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-ceo-makes-the-case-for-cyprus-recovery

29. Greece cannot afford policy reversal after bailout ends, says EU's Costello

https://knews.kathimerini.com.cy/en/business/greece-cannot-afford-policy-reversal-after-bailout-ends-says-eu-s-costello

Greece is on course to complete its third international bailout program but cannot afford to backtrack on adopted reforms after its expiration in August, the European Commission’s mission chief to Greece said on Thursday....

30. Government and Co-op begin consultations with bidders

https://knews.kathimerini.com.cy/en/business/government-and-co-op-begin-consultations-with-bidders
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