MONDAY, 23 SEP 2019



Facebook Linked In Twitter

Nikos Christodoulides: The Eastern Mediterranean Needs a Regional Organisation

Anastasiades and Greek PM Mitsotakis to Meet in New York



brought to you by Deloitte

Harris Georgiades: New Greek PM Has the Knowledge to Fulfill His Difficult Mission

Harris Georgiades: New Greek PM Has the Knowledge to Fulfill His Difficult Mission

Finance Minister, Harris Georgiades, said on Monday July 8, upon his arrival at the Eurogroup meeting, in Brussels, that the new Prime Minister of Greece, Kyriakos Mitsotakis, has the knowledge to fulfill his difficult mission and that fiscal consolidation must be combined with growth support, the Cyprus News Agency reports.

In particular, the Minister of Finance said: "I would like to congratulate the new Greek government and the new Prime Minister. I think the Prime Minister is aware that this will be a difficult mission, but on the other hand I am sure he has the knowledge and experience to lead this effort -  lead Greece even further ahead."

In relation to achieving and maintaining the primary surplus target of 3.5%, the Finance Minister replied: "the important thing is always to have a way of combining fiscal consolidation with growth support. The fiscal consolidation I think should guide the decisions of each member state and of course Greece".

Invited to comment on the progress of the discussoins on the establishment of a Deposit Guarantee Mechanism, Haris Georgiades stressed that "I can not be satisfied with the very slow pace of progress in relation to this issue that must be complemented by the European banking union."

The Minister stressed that "the European banking union will be incomplete without this common deposit-guarantee scheme, and consultations should proceed without delay."

We have failed as an EU to stick to successive timetables on this issue, we have already been delayed, he noted.


Cyprus President and British PM Discuss Brexit and Cyprus-Related Developments

British Prime Minister Boris Johnson informed, during a telephone conversation, on ...

Guterres Says Cyprus Leaders Need to Agree On Terms of Reference

UN Secretary-General Antonio Guterres underlined on Wednesday the importance for the two ...

Absolute Legal Certainty for Cypriot Nationals after Brexit, Assures DExEU

The CNA reported on the visit by the Secretary of State for Brexit Stephen Barclay to ...



Anastasiades and Greek PM Mitsotakis to Meet in New York

President of the Republic of Cyprus Nicos Anastasiades will meet with Greece’s Prime Minister Kyriakos Mitsotakis in New York on the sidelines of the UN ...

Thomas Cook Races to Secure More Rescue Funds

Thomas Cook could fall into administration this weekend unless the travel company finds £200m in extra funds needed to secure its future, the BBC reports. ...

Pwc: East Asian and Northern European Countries are World Leaders on Idea Creation and Intensity

According to PwC’s Global Economy Watch, South Korea has been named the world’s most idea-intensive nation based on the number of patents granted ...

Four new Partners at Harris Kyriakides LLC

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, ...

Firms Make Green Energy Vows as Calls for Action Grow

Some of the world's largest firms including Amazon and Google have committed to big-spending green energy plans as calls for climate action increase, the ...

Ambiguities and Concerns in the Implementation of the Informative Brochure and Explanatory Circular for Benefits in Kind

In line with an international trend that has been gaining ground over recent years, many Cypriot companies are now offering a wide range of Benefits in ...

Nikos Christodoulides: The Eastern Mediterranean Needs a Regional Organisation

The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign ...

Looking into the Next Decade: The World in 2020-2030

IMH and IN Business are organising the 10th Limassol Economic Forum on Friday, 18 October 2019 at the Parklane Resort & Spa in Limassol. Since 2010, the ...