https://knews.kathimerini.com.cy/en/business/ey-attractiveness-survey-cyprus-2020
EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...
https://knews.kathimerini.com.cy/en/news/green-transition-in-transport-agriculture-an-uphill-task
Achieving sustainable transport demands policies on a governmental and local level which will give priority to users, providing more accessible, fair and clean alternative solutions, chairman of the parliamentary committee on transport, Charalambos Pittokopitis, has said, noting that the transition could not be achieved overnight....
https://knews.kathimerini.com.cy/en/news/cyprus-adopts-new-road-safety-plan-for-2021-2030
The Road Safety Council on Wednesday adopted a new strategic plan for 2021-2030 that aims to cut road deaths by half, with the plan to introduce harsher penalties and traffic cameras....
https://knews.kathimerini.com.cy/en/news/eu-set-to-sanction-turkey-over-ships-in-disputed-east-med-exploration-area
The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on September 24 in response to the Eastern Mediterranean dispute with Greece, the EU’s top diplomat said on Friday.
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https://knews.kathimerini.com.cy/en/business/over-half-of-emea-private-businesses-expect-revenue-to-decline
https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties
The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...
https://knews.kathimerini.com.cy/en/news/cyprus-tones-down-tourism-expectations
Cyprus Deputy Ministry for Tourism halved its target for tourist arrivals in August to 100,000 as main tour operators exclude Cyprus of their programmes...
https://knews.kathimerini.com.cy/en/business/cyprus-based-company-kru-overseas-continues-to-supply-coal-to-cyprus-domestic-market
KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....
https://knews.kathimerini.com.cy/en/news/five-new-support-schemes-announced-as-cyprus-enters-recovery-stage
The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....
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....
https://knews.kathimerini.com.cy/en/news/house-passes-bills-mitigating-pandemic-repercussions
The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/greek-economy-to-get-multi-billion-euro-lifeline
Prime Minister Kyriakos Mitsotakis will announce steps to revive the economy in a televised address on Wednesday. These steps will be mainly focused on tourism but will also concern other sectors affected by the coronavirus pandemic. ...
https://knews.kathimerini.com.cy/en/news/eu-pushes-to-unlock-borders-as-coronavirus-ravages-travel
https://knews.kathimerini.com.cy/en/news/athens-to-undergo-radical-facelift
After the ambitious vision of creating a large traffic-free zone in Athens more or less fizzled out at the end of the previous decade, the Athens Municipal Council breathed new life into the project on Monday after approving a proposal for an extended pedestrian network and a drastic reduction of cars in the city center....
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-to-suffer-severe-contraction-in-2020-projection-shows
The University of Cyprus’ Economics Research Centre has projected that the country’s GDP is set to drop by 6.9% in 2020 under a baseline scenario and by 13.1% under an adverse scenario....
https://knews.kathimerini.com.cy/en/news/more-cypriots-ditch-cash-during-pandemic
Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show
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https://knews.kathimerini.com.cy/en/business/effects-of-covid-19-on-businesses-and-wider-economy
The results of the PwC Cyprus Pulse Survey on the effects of COVID-19 on businesses and the wider economy, which was conducted with the participation of 45 CFOs from Cyprus, were made public today...
https://knews.kathimerini.com.cy/en/news/reduction-of-new-cases-to-single-digits-came-earlier-than-expected
Restrictive measures are expected to be phased out gradually, starting in early May, Petros Karayiannis, Professor of Microbiology and Molecular Virology and member of the Ministry of Health Advisory Committee said on Tuesday....
https://knews.kathimerini.com.cy/en/news/supreme-court-public-sector-pay-cuts-during-financial-crisis-constitutional
The Cyprus Supreme Court on Friday overturned earlier rulings by the Administrative Court, finding that cuts made to public sector employees’ salaries and pensions during the economic crisis of 2013 were in accordance with the Constitution....
https://knews.kathimerini.com.cy/en/news/1-government-to-spend-€850m-in-direct-support-until-june
The Cypriot government announced the extension of measures to companies and self-employed persons hit by the coronavirus outbreak until June 12, increasing direct support to €849 million or 3.5% of GDP....
https://knews.kathimerini.com.cy/en/news/1-covid-19-death-toll-in-greece-rises-to-81
Greece’s coronavirus toll has risen to 81 with the death of a 42-year-old man in the northern port city of Thessaloniki and of an 84-year-old woman in Athens....
https://knews.kathimerini.com.cy/en/news/cyprus-mulls-pushing-back-easter-celebrations
The President of the Republic of Cyprus is expected to call on the Archbishop to push back on Easter celebrations, as media sources say the government is likely to heed the advice of experts to extend coronavirus measures until the end of April...
https://knews.kathimerini.com.cy/en/business/employers-and-employees-in-the-age-of-covid-19-a-looming-battle
In modern times the world community has not faced a situation like the present, created by the Covid-19 pandemic. The Republic of Cyprus is among many countries fighting desperately to minimize damage on all fronts....
https://knews.kathimerini.com.cy/en/news/confirmed-infections-gradually-go-down
Greek Cypriot health officials say there was a “gradual reduction” in the number of confirmed coronavirus cases, adding that measures in place have been effective but this could still change at a moment’s notice...
https://knews.kathimerini.com.cy/en/news/help-from-china-on-the-way
The Chinese ambassador in Nicosia says Cyprus has recently taken “powerful and appropriate” measures in the fight against the coronavirus pandemic, adding that help from China is on the way...
https://knews.kathimerini.com.cy/en/news/state-suspends-foreclosures-for-3-months-requests-10-reduction-in-electricity-fees
The government on Wednesday agreed to request from the Cyprus energy regulatory authority a 10% cut on electricity usage charges for a period of three months, in view of providing some breathing space as the island traverses the Covid-19 health crisis....
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...
https://knews.kathimerini.com.cy/en/news/travel-agents-issue-sos-as-cancellations-mount
Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....
https://knews.kathimerini.com.cy/en/news/official-guidelines-for-people-returning-from-high-risk-countries
https://knews.kathimerini.com.cy/en/news/ambitious-national-tourism-strategy-already-in-motion
Cyprus’ national tourism strategy, containing a set of predefined goals for each year until 2030, is already being implemented, Deputy Minister of Tourism, Savvas Perdios, said on Tuesday....