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04 July, 2025
 

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Displaying results 1-30 of 58 matches for query structural reforms.

1. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

2. Cyprus Parliament approves bill for decentralized hospital administration

https://knews.kathimerini.com.cy/en/news/cyprus-parliament-approves-bill-for-decentralized-hospital-administration

The House of Representatives approved a bill Thursday aimed at decentralizing the management of Cyprus’ public hospitals, in a move supporters say will address widespread healthcare inefficiencies and region-specific challenges....

3. Businesses call for simpler, fairer tax reform in Cyprus

https://knews.kathimerini.com.cy/en/news/businesses-call-for-simpler-fairer-tax-reform-in-cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...

4. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

5. Tariffs, reforms, and rate cuts: 2025’s economic balancing act

https://knews.kathimerini.com.cy/en/business/tariffs-reforms-and-rate-cuts-2025-s-economic-balancing-act

As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....

6. City engineers investigate balcony collapse in Neapolis

https://knews.kathimerini.com.cy/en/news/city-engineers-investigate-balcony-collapse-in-neapolis

The Limassol Municipality has issued warnings to 400 buildings for necessary repairs, with 130 of them officially declared dangerous....

7. Staff shortages stall local government reform in Cyprus

https://knews.kathimerini.com.cy/en/news/staff-shortages-stall-local-government-reform-in-cyprus

According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...

8. Cyprus finance chief moved amid questions over government transparency

https://knews.kathimerini.com.cy/en/news/cyprus-finance-chief-moved-amid-questions-over-government-transparency

Papnayiotis Rougalas reports in this Sunday's Kathimerini that the Council of Ministers of Cyprus announced a significant reshuffle on Thursday,...

9. Cypriot economy shows resilience, growth outpaces EU average

https://knews.kathimerini.com.cy/en/news/cypriot-economy-shows-resilience-growth-outpaces-eu-average

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......

10. Cyprus worried about inflation as tensions rise between Israel and Iran

https://knews.kathimerini.com.cy/en/news/cyprus-worried-about-inflation-as-tensions-rise-between-israel-and-iran

The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....

11. Cyprus plans €3.1B climate investment by 2030

https://knews.kathimerini.com.cy/en/news/cyprus-plans-€3-1b-climate-investment-by-2030

Cyprus’ total investment on climate change in both EU and public funds as well as private investments are estimated to amount to €3.1 billion by 2030, the Finance Ministry has said....

12. Cyprus wins IMF praise for strong recovery

https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

13. Cyprus football's new horizon with privately owned stadiums

https://knews.kathimerini.com.cy/en/news/cyprus-football-s-new-horizon-with-privately-owned-stadiums

The era we find ourselves in appears to signify the beginning of significant change in the professional league, reminiscent of historical shifts that brought......

14. President engages in diplomatic dialogue with Cuellar

https://knews.kathimerini.com.cy/en/news/president-engages-in-diplomatic-dialogue-with-cuellar

Government Spokesperson Konstantinos Letymbiotis said on Friday that a meeting between President of the Republic Nikos Christodoulides and UNSG's personal envoy for Cyprus Maria Angela Holguin is scheduled to take place in the first ten days of May....

15. Surge in custody escapes sparks government response

https://knews.kathimerini.com.cy/en/news/surge-in-custody-escapes-sparks-government-response

Once again, the spotlight shines on the issue of escapes from police custody, ignited by the daring getaway of a 17-year-old from the Kokkinotrimithia......

16. How the police let the criminals run wild in the streets

https://knews.kathimerini.com.cy/en/news/how-the-police-let-the-criminals-run-wild-in-the-streets

The Police's inability to proactively and reactively address various incidents has resurfaced in the aftermath of recent serious events....

17. Dr. Anastasatos forecasts bright future for Cyprus economy

https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

18. Cyprus gets BBB+ boost in latest ratings, but challenges persist

https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist

The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...

19. Guardian: Russian money flows ''without questions'' in the occupied territories

https://knews.kathimerini.com.cy/en/news/guardian-russian-money-flows-without-questions-in-the-occupied-territories

In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...

20. Seven ways to boost Cyprus’ economy and competitiveness

https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness

The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....

21. Recovery and Resilience measures target non-performing loans

https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

22. IMF says Cyprus untouched by war fallout

https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

23. Christodoulides: Shift allowances and overtime compensation from 2024

https://knews.kathimerini.com.cy/en/news/christodoulides-shift-allowances-and-overtime-compensation-from-2024

President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....

24. Elections: The political 'crash test' in Brussels

https://knews.kathimerini.com.cy/en/news/elections-the-political-crash-test-in-brussels

In the interim between the two rounds of presidential elections, EU leaders will convene in Brussels for an extraordinary European Council on migration management and ensuring Europe's economic competitiveness. ...

25. Herodotou calls for increased vigilance to avert private debt defaults

https://knews.kathimerini.com.cy/en/business/herodotou-calls-for-increased-vigilance-to-avert-private-debt-defaults

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....

26. Employing Turkish Cypriots in ROC can play a key role in reunification

https://knews.kathimerini.com.cy/en/news/employing-turkish-cypriots-in-roc-can-play-a-key-role-in-reunification

In a letter to Nicosia, the European Commission is calling for the upgrading of skills and the promotion of Turkish Cypriots in specific sectors of employment in the Republic of Cyprus, hoping that such a development will create a win-win situation....

27. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

28. EC: Actions in Varosha a step in the wrong direction

https://knews.kathimerini.com.cy/en/news/ec-actions-in-varosha-a-step-in-the-wrong-direction

Both Turkey and the Turkish Cypriot leadership are fully aware of the position of the European Union on Varosha, Commission spokesperson Stefan De Keersmaecker told the Cyprus News Agency, responding to a question on the opening of more parts of the beach of the fenced-off area, which he said was a step in the wrong direction....

29. Petrides: 'Things will be difficult in the coming years'

https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years

The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....

30. How meritocracy reinforces inequality

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-how-meritocracy-reinforces-inequality

We normally have unexamined certainties to guide us through daily life. But few people are so gifted at shaking those certainties than Michael Sandel....

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