Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....
All of the participants on the Committee for Public Administration need to be applauded for the outcome. The former minister of administrative reform in the SYRIZA government, Mariliza Xenogiannakopoulou, publicly lauded the stance of State Minister George Gerapetritis, stressing that he showed a very creative and positive mood.
Greece’s credit profile is constrained by the country’s elevated debt burden, moderate growth prospects and weak banking system, Moody's Investors Service said in an annual report Thursday, adding that the new government’s implementation of reforms agreed with lenders would bolster growth....
Greece can really take off. The economy has already reached its lowest point and is now poised for a spectacular rebound. The country’s human capital is unlimited in all sectors and for the first time in a long time we have a government that understands the notion of entrepreneurship and wants to move dynamically in the field of investments.
The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events.
The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...
Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...
The Greek people voted wisely, as they have done in the past. They have given Kyriakos Mitsotakis a comfortable majority and a strong mandate. A percentage so close to 40 percent is unprecedented in the years of the crisis, as is a government with an outright majority.
The US Senate on Thursday voted to lift a decades-old arms embargo against Cyprus and to cut Turkey off the American F-35 fighter jet program if it proceeds with the acquisition of the Russian S-400 missile defense system...
EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...
President Nicos Anastasiades described on Thursday the amendments made to the bipartisan legislation of Robert Menendez and Senator Rubio on an updated United States strategy in the Eastern Mediterranean as ''unfortunate''
The Eastern Mediterranean Security and Energy Partnership Act of 2019 would allow the U.S. to fully support the trilateral partnership of Israel, Greece, and Cyprus through energy and defense cooperation initiatives...
A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...
Justice Minister Ionas Nicolaou tendered his resignation on Thursday over criticism aimed at the police for failing to investigate cases of foreign missing women, some of whom were murdered...
A vote by the Cyprus Pharmaceutical Association on Wednesday gave the final nod for private pharmacists to join GESY, the biggest healthcare overhaul in Cyprus...