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12° Nicosia,
14 July, 2024
 

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Displaying results 1-30 of 164 matches for query surplus.

1. Cyprus charts course for 2025 budget surplus

https://knews.kathimerini.com.cy/en/news/government-charts-course-for-2025-budget-surplus

President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....

2. Cyprus to sell €1 billion bond after improved credit ratings

https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings

The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......

3. Cyprus reforms are a comedy of errors in governance

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-reforms-are-a-comedy-of-errors-in-governance

Following last Sunday's vote, the much-publicized local government reform will take effect on July 1. This, like many other reforms, has been carried out in typical Cypriot fashion. ...

4. Cyprus achieves €600 million fiscal surplus in Q1 2024

https://knews.kathimerini.com.cy/en/news/cyprus-achieves-€600-million-fiscal-surplus-in-q1-2024

Cyprus generated a fiscal surplus close to €600 million in the first quarter of 2024, marking an increase of 58% year on year, driven by the rise in state revenue which exceeded the rise in spending....

5. Fitch upgrades Cyprus to 'BBB+'

https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb

Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....

6. How inheriting property can cause headaches

https://knews.kathimerini.com.cy/en/comment/opinion/how-inheriting-property-can-cause-headaches

Everything usually starts with pure intentions: ''We have two children, so we pass on half a share to each of them to avoid offending anyone, and then let them do what they want.''...

7. 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......

8. Cyprus among top 3 in Eurozone growth for 2024

https://knews.kathimerini.com.cy/en/news/cyprus-among-top-3-in-eurozone-growth-for-2024

Cyprus stands out as one of the top performers in the Eurozone, boasting a robust growth rate for the year 2024, as announced by government spokesperson Constantinos Letympiotis today....

9. Deloitte announces 2024 Technology FAST 50 rankings

https://knews.kathimerini.com.cy/en/business/deloitte-announces-2024-technology-fast-50-rankings

Cyprus based Capital.com claims top spot for the third consecutive year exhibiting 4411% growth in revenues ...

10. Imported wine squeezes Cyprus market

https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market

According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...

11. Cyprus ends 2023 with €918.7 million fiscal surplus

https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus

Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....

12. Wind and solar could power Eastern Mediterranean and Middle East by 2050

https://knews.kathimerini.com.cy/en/news/wind-and-solar-could-power-eastern-mediterranean-and-middle-east-by-2050

The significant potential and great potential of wind and solar energy in the Eastern Mediterranean and Middle East (EMME) region up to 2050 is revealed......

13. Cyprus' public debt declines, economic outlook brightens

https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-declines-economic-outlook-brightens

According to a report by Panayiotis Rougalas, Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels....

14. President Christodoulides hails financial progress with new CBC Governor

https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor

The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....

15. Cyprus takes on stray animal crisis this World Stray Animals Day

https://knews.kathimerini.com.cy/en/news/cyprus-takes-on-stray-animal-crisis-this-world-stray-animals-day

As April 4th marks World Stray Animals Day, attention shifts to the global epidemic of abandoned animals. From bustling cities to remote corners of the world, countless dogs, cats, and other creatures endure daily hardships....

16. Cyprus faces electricity market struggles amid smart meter setback

https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback

Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....

17. Cyprus economy holds steady amid challenges

https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges

Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...

18. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

19. European Commission flags trade risks for Cyprus economy

https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy

The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......

20. Cyprus embraces global investment with its bond market debut

https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut

In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....

21. The feathered ''employees'' of Akaki Grove

https://knews.kathimerini.com.cy/en/news/the-feathered-employees-of-akaki-grove

When Elena Christoforou was five years old, her godfather, who lived in England, had given her a BBC videotape, a series narrated by David Attenborough ...

22. EU unveils stricter fiscal rules for member states

https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states

The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...

23. Investigation urged as state contracts lead to €6.4M payout

https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout

In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....

24. Moody's sees positive shift in Cyprus economy

https://knews.kathimerini.com.cy/en/business/moody-s-sees-positive-shift-in-cyprus-economy

In a webinar panel discussion hosted by the Cyprus Economic Society, Haiko Peters, Vice President and Senior Analyst at Moody's Sovereign Risk Group, emphasized sustained improvements in the Cypriot economy....

25. Electricity subsidy extends to vulnerable consumers until February's end

https://knews.kathimerini.com.cy/en/news/electricity-subsidy-extends-to-vulnerable-consumers-until-february-s-end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

26. Curbing food waste for a greener tomorrow

https://knews.kathimerini.com.cy/en/news/curbing-food-waste-for-a-greener-tomorrow

Food waste poses a pressing issue requiring attention, contributing to uncontrolled food production and straining natural resources. Humans, as the predominant species on the planet, occupy a significant portion of land for food production....

27. Cypriot farmers' protests send ripples across Europe

https://knews.kathimerini.com.cy/en/news/cypriot-farmers-protests-send-ripples-across-europe

The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....

28. Cyprus dominates EU exports in November

https://knews.kathimerini.com.cy/en/news/1-cyprus-dominates-eu-exports-in-november

Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......

29. 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....

30. 2024 budget gets green light – Inside scoop on state wage proposals

https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals

The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...

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