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....
https://knews.kathimerini.com.cy/en/news/coordination-for-green-digital-transition-of-actions-needed-kokkinos-says
Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos stressed the need to coordinate actions and investments at national and European level to achieve the EU's goals "for a sustainable, digital and green transition, empowering businesses with an emphasis on the SME and start-up ecosystem, and ensuring EU technological dominance", during his intervention at the informal teleconference of the Competitiveness Council for Research, under the Portuguese Presidency....
https://knews.kathimerini.com.cy/en/news/anastasiades-joins-euco-summit-prep-with-eu-leaders
President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...
https://knews.kathimerini.com.cy/en/news/oktay-forget-any-bargaining-over-varosha
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....
https://knews.kathimerini.com.cy/en/business/covid-19-is-adding-new-impetus-to-finance-transformation
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. ...
https://knews.kathimerini.com.cy/en/business/pwc-s-city-resilience-framework
https://knews.kathimerini.com.cy/en/business/ey-cyprus-platinum-sponsor-at-the-first-cyprus-forum
https://knews.kathimerini.com.cy/en/news/solar-panels-being-installed-in-over-400-cyprus-schools
Education Minister Prodromos Prodromou said Tuesday that the Cyprus Electricity Authority has begun the process of insulating and installing solar panels at 405 schools across Cyprus, allowing schools to take on the extra electricity load of air conditioners that are desperately needed as the heatwave rages on. Currently, 107 schools have solar panels....
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.
...
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....
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....
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. ...
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. ...
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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...