https://knews.kathimerini.com.cy/en/news/cyprus-records-deficit-of-€800-million-in-q2-due-to-covid-19-impact
Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....
https://knews.kathimerini.com.cy/en/news/anastasiades-disagreement-among-eu27-centered-around-tactics
The President of the Republic of Cyprus Nicos Anastasiades on Friday expressed satisfaction with the outcome of the European Council summit in Brussels that drew to a close after marathon talks on Thursday night and early Friday morning,...
https://knews.kathimerini.com.cy/en/news/biker-dies-in-crash-after-family-outing
A local biker was killed in an accident in Limassol over the weekend, with police saying human factors played a primary role in the road victim’s fatal fall into a ditch...
https://knews.kathimerini.com.cy/en/news/eu-‘very-clear-on-expectations-from-turkey-for-de-escalation
The message, the expectations, the timeline and the consequences of not acting towards a de-escalation of tension in the Eastern Mediterranean were “made clear” to Turkey, both via the informal Foreign Affairs Council last week in Berlin and in the telephone call on Monday between EU High Representative Josep Borrell and Turkish Foreign Minister Mevlut Cavusoglu, according to EU foreign policy spokesman Peter Stano....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-glimmer-of-hope-with-chevron
The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...
https://knews.kathimerini.com.cy/en/news/stabbed-man-seeks-help-in-larnaca
A man is in critical condition following a stabbing incident in Larnaca on Tuesday night, with reports saying he managed to walk to a coffee shop to ask for help...
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/repatriated-person-and-apoel-footie-player-among-cyprus-three-new-cases
Three new coronavirus cases emerged in the Republic of Cyprus from the pool of 1,247 samples checked for the virus on Friday, a Health Ministry announcement said....
https://knews.kathimerini.com.cy/en/news/new-chapter-in-store-for-old-orphanides-mall
The Bank of Cyprus is reportedly sounding out the government on a potential mega deal in west Nicosia, with ideas thrown around for the old Orphanides Mall to become a business centre or a medical facility...
https://knews.kathimerini.com.cy/en/news/cyprus-to-apply-for-financial-assistance-from-esm-s-pandemic-crisis-support
Cyprus will tap into the European Stability Mechanism’s Pandemic Crisis Support fund to cover its elevated healthcare expenditure which came as a result of the coronavirus outbreak, Finance Minister Constantinos Petrides said Thursday.
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https://knews.kathimerini.com.cy/en/news/the-crisis-is-here-and-should-not-be-underestimated-finmin-warns-parties
As political parties continue to quarrel over a bill seeking to release government funds as guarantees for loans to businesses hit affected by the coronavirus outbreak, Cyprus Minister of Finance Constantinos Petrides warned that “the crisis is here and should not be underestimated.”...
https://knews.kathimerini.com.cy/en/news/need-for-transparency-on-covid-19-public-spending
The Organisation for Security and Cooperation in Europe Parliamentary Assmebly’s (OSCE PA) Special Representative on Fighting Corruption Irene Charalambides, has called for the highest levels of transparency and good governance on COVID-19 related public expenditures....
https://knews.kathimerini.com.cy/en/news/eu-leaders-call-for-recovery-plan
Cypriot President Nicos Anastasiades took part in a video conference with the EU leaders, as the bloc sought to find common ground on how best to share the burden...
https://knews.kathimerini.com.cy/en/news/eu-to-launch-€37bn-coronavirus-investment-initiative
The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....
https://knews.kathimerini.com.cy/en/news/fourth-italian-dies-from-coronavirus-in-worst-flare-up-outside-asia
A fourth person infected with the coronavirus has died in Italy, officials said on Monday as the government struggled to contain an outbreak of the illness and financial markets slid on fears over the economic impact....
https://knews.kathimerini.com.cy/en/news/defence-minister-goes-‘behind-enemy-lines
Cypriot Defence Minister Savvas Angelides got up close and personal with special commandos during their winter training high up in the snowy mountains...
https://knews.kathimerini.com.cy/en/news/one-in-five-deaths-in-cyprus-tobacco-related
One of the leading causes of preventable mortality in Cyprus is death due to lung cancer, while one in five deaths is tobacco-related, Cyprus’ state of health profile, compiled by EU bodies, showed....
https://knews.kathimerini.com.cy/en/news/little-us-turkish-progress-solving-defenses-row-erdogan-says
Turkish President Recep Tayyip Erdogan said on Wednesday Washington and Ankara had done little to solve a row over Turkey’s purchase of Russian defenses and its procurement of US fighter jets despite a November agreement, according to broadcaster NTV....
https://knews.kathimerini.com.cy/en/news/syrian-men-deported-in-the-north
Syrian refugees who arrived in Cyprus last week were deported by Turkish Cypriot authorities after spending several days in detention...
https://knews.kathimerini.com.cy/en/news/senate-approved-eastmed-on-trump-s-desk
US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...
https://knews.kathimerini.com.cy/en/news/eastmed-bill-squeezed-through-federal-budget
US Senator Bob Menendez on Monday applauded a bipartisan deal on federal government spending that is comprised of 12 appropriations bills, including legislation shaping American strategy in the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/british-voters-head-to-the-polls
Voters go to the polls on Thursday in an election that will pave the way for Brexit under Prime Minister Boris Johnson or propel Britain toward another referendum that could ultimately reverse the decision to leave the European Union...
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...
https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces
Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....
https://knews.kathimerini.com.cy/en/news/judge-cautions-defense-in-rape-accuser-s-trial
The trial against a British young woman, who leveled rape accusations against Israeli teens and later withdrew her complaint, began Wednesday with the testimony of a police investigator...
https://knews.kathimerini.com.cy/en/news/johnson-vows-to-stay-put-to-hit-oct-31-brexit-deadline
Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31.
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https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-time-value-of-money
What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...
https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-surplus-2020-budget
The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System
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https://knews.kathimerini.com.cy/en/news/cypriot-vacationers-shell-out-more-abroad
Cypriots on holiday spend way more money and time abroad than in their own country, according to Eurostat, even as over half cannot afford a one-week annual holiday away from home...
