https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/news/the-cypriot-electricity-market-is-opening
Cypriot President Nicos Anastasiades is satisfied with the timetable as regards the opening of the competitive electricity market, set to launch in the fall of 2022, according to a written statement by deputy government spokesperson Niovi Parisinou....
https://knews.kathimerini.com.cy/en/news/mitsotakis-openly-supports-averof-in-his-upcoming-presidential-run-in-2023
Greek Prime Minister Kyriakos Mitsotakis is supporting Averof Neophytou's candidacy for the 2023 Presidential elections....
https://knews.kathimerini.com.cy/en/news/a-bank-accidentally-paid-thousands-of-people-more-than-$175-million-on-christmas-day-due-to-a-technical-glitch
Santander UK is trying to recoup about $175 million (130 million pounds) that it accidentally transferred to customers on Christmas Day....
https://knews.kathimerini.com.cy/en/news/commission-approves-560-million-for-refugees-in-turkey
The European Commission on Tuesday published two financing decisions, worth 560 million euros, to support inclusive quality education initiatives, including access to higher education through scholarships, for refugees in Turkey as well as for border protection....
https://knews.kathimerini.com.cy/en/business/parliamentary-committee-report-on-state-budget-2022-sees-significant-uncertainties-due-to-pandemic
A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....
https://knews.kathimerini.com.cy/en/news/cyprus-to-proceed-with-a-tax-reform-in-2022
Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....
https://knews.kathimerini.com.cy/en/news/president-anastasiades-in-spain
The Prime Minister of Spain, Mr. Pedro Sanchez, and the President of the Republic of Cyprus, Mr. Nicos Anastasiadis, met on December 9 at the Palace of Moncloa, as part of the latter's visit to Madrid at the invitation of His Majesty King Philip....
https://knews.kathimerini.com.cy/en/news/end-of-an-era-germany-s-merkel-bows-out-after-16-years
Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...
https://knews.kathimerini.com.cy/en/life/i-m-a-virus-expert-and-here-s-a-sure-sign-you-ve-had-covid
The New York Times reports more than 775,000 Americans have died from COVID-19 and more than 48 million have had the virus. ...
https://knews.kathimerini.com.cy/en/business/government-subsidies-for-electric-vehicles
The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....
https://knews.kathimerini.com.cy/en/news/debt-sustainability-in-all-member-states
ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union.
...
https://knews.kathimerini.com.cy/en/life/three-approaches-to-measuring-natural-resource-scarcity-theory-and-application-to-groundwater
Professor Phoebe Koundouri's thesis, "Three Approaches to Measuring Natural Resource Scarcity: Theory and Application to Groundwater" which was published by Peterhouse of the University of Cambridge, is now available for free on Read Library....
https://knews.kathimerini.com.cy/en/life/classical-meets-latin-and-tango
The String Orchestra and Symphony Band of the Municipality of Strovolos and the European University of Cyprus will be holding a concert...
https://knews.kathimerini.com.cy/en/news/higher-costs-on-goods-are-here-to-stay
Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-renewed-european-finance-strategy-and-implementation-of-the-action-plan-on-financing-sustainable-growth
The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...
https://knews.kathimerini.com.cy/en/news/president-anastasiades-addresses-the-76th-un-general-assembly
The President of the Republic, Mr. Nicos Anastasiades, today addressed members of the 76th session of the UN General Assembly in New York....
https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu
With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-receives-157-million-for-recovery-and-resilience-plan
The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....
https://knews.kathimerini.com.cy/en/news/2022-budget
The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....
https://knews.kathimerini.com.cy/en/news/cypriot-government-toughens-safe-pass-rules
The Cabinet announced on Friday that new pandemic rules will apply on Monday, including a greater number of shops out of reach for people without a Safe Pass and follow up rapid or PCR tests checks for foreign visitors who are not vaccinated...
https://knews.kathimerini.com.cy/en/news/eu-chief-visits-cyprus-after-deadly-fire
European Commission President Ursula von der Leyen is on a visit to Cyprus to boost post-pandemic recovery efforts, but the EU chief also grabbed an opportunity to tell a local community affected by last weekend’s deadly fire that Europe was at their side...
https://knews.kathimerini.com.cy/en/news/cyprus-awaits-rrp-endorsement-during-ursula-visit
European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...
https://knews.kathimerini.com.cy/en/news/cyprus-rolls-out-‘jab-discount-for-hotel-stays
Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-ambitious-stimulus-plan
Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...
https://knews.kathimerini.com.cy/en/news/minister-warns-house-over-crucial-eu-money
Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...
https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....
https://knews.kathimerini.com.cy/en/news/vaccinations-the-main-economic-tool-in-managing-covid-crisis
Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....
