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12° Nicosia,
23 June, 2024
 

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Displaying results 1-30 of 48 matches for query structural reforms.

1. 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....

2. 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......

3. 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......

4. 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....

5. 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......

6. 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....

7. 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....

8. 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. ...

9. 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. ...

10. 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....

11. 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. ...

12. 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...

13. 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....

14. 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. ...

15. 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....

16. 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....

17. 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....

18. 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....

19. 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....

20. 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....

21. 'The Cypriot economy must be diversified'

https://knews.kathimerini.com.cy/en/news/the-cypriot-economy-must-be-diversified

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....

22. Cyprus growth expected to ‘slow sharply’

https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply

Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...

23. Parliamentary Committee report on state budget 2022 sees significant uncertainties due to pandemic

https://knews.kathimerini.com.cy/en/business/parliamentary-committee-report-on-state-budget-2022-sees-significant-uncertainties-due-to-pandemic

A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....

24. Cyprus awaits endorsement during Ursula visit

https://knews.kathimerini.com.cy/en/news/cyprus-awaits-rrp-endorsement-during-ursula-visit

European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...

25. ECB tells Cyprus lawmakers to get it right

https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

26. Cyprus unveils 'ambitious' stimulus plan

https://knews.kathimerini.com.cy/en/news/cyprus-unveils-ambitious-stimulus-plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

27. Minister warns House over crucial EU money

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...

28. Coordination for green digital transition needed, Kokkinos says

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....

29. Cyprus unveils plan to tackle corruption

https://knews.kathimerini.com.cy/en/news/cyprus-unveils-plan-to-tackle-corruption

Cyprus’ fight against corruption is based on three pillars, President Anastasiades said Friday, announcing the eagerly-awaited steps the government will take in a bid to restore credibility to the Republic after its reputation was shattered by revelations of corruption through the nixed Citizenship-by-Investment Program (CIP)....

30. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

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. ...

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