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151. Government okays schemes tackling unemployment

The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....

152. Microsoft plans $1 billion data center venture in Greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

153. Greek PM urges use of masks, compliance to avert lockdown

Greek Prime Minister Kyriakos Mitsotakis appealed to the public on Thursday to wear masks and comply with health safety regulations so that stricter coronavirus containment measures can be averted, saying that it is a choice between “self-protection and lockdown.”...

154. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

155. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

156. No progress among EU leaders on virus recovery deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

157. Cyprus FM holds telephone conversation with new Iraqi FM

Cyprus Foreign Minister Nikos Christodoulides shared on Thursday a telephone conversation with the new Foreign Minister of Iraq Fuad Hussein...

158. Five new support schemes announced as Cyprus enters recovery stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

159. House passes bills mitigating pandemic repercussions

The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....

160. Employers and Employees in the age of Covid-19: A looming battle

In modern times the world community has not faced a situation like the present, created by the Covid-19 pandemic. The Republic of Cyprus is among many countries fighting desperately to minimize damage on all fronts....

161. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

162. Banks must find new profitable products, CBC Governor says

The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....

163. Pensioner suing convicted ‘fixer’ lawyer

A female pensioner, who was swindled out of 350 grand while seeking promotion in the civil service through a back-channel, is suing her former lawyer after he was sentenced to two years for defrauding her...

164. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

165. Unemployment in Cyprus drops to 6.5%

The euro area seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% in June 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union ...

166. Mitsotakis, expectations and the need for unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

167. Mitsotakis sworn in as PM amid east Med tensions

Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...

168. When necessity becomes history

169. Old Greece is waiting around the corner

170. President reiterates commitment to high economic growth

171. Erdogan pays electoral price for Turkey's tumbling economy

172. IMF warns of 'increasing headwinds to sustained growth'

173. Eurogroup may put off tranche decision to Greece

The chances that the 1-billion-euro tranche will be disbursed to Greece are diminishing, as this Monday’s Eurogroup is not expected to grant its approval, given that the Greek government has not completed all the necessary reforms, according to a eurozone official who spoke to reporters on Thursday....

174. President stands by Finance Minister

175. This is B’s story

“B” is just 25 years old, born and raised in Kyrenia. His parents, both Turkish Cypriots, were never against peace. Today he lives with his lady friend in Nicosia while working on building peace...

176. Merkel expresses support for reform effort, Prespes deal

On her first visit to Athens in four years, German Chancellor Angela Merkel on Thursday expressed her support for the Prespes name deal as well as Greece’s ongoing economic reform efforts, saying the country was entering a new phase....

177. House passes state budget for 2019

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...

178. Difficult decisions brought about positive results in the economy, President says

179. Hellenic Bank’s Economic Review

180. Shell companies ''This is over, its finished''