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1201. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

1202. Blame game in full swing after budget vote

The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...

1203. Cyprus calls on Egypt to assist in persuading Turkey to shift intransigent stance

Cyprus President Nicos Anastasiades has asked the Egyptian government to exert every effort towards persuading Turkey to alter its intransigent stance and to reverse its unilateral and provocative actions, in view of ultimately easing of tensions in a consistent and sustained manner, allowing the cultivation of a climate that is conducive to facilitating the resumption of the peace process....

1204. New Chinese Ambassador hails deepening relations with Cyprus

China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....

1205. Cyprus to begin vaccinations on December 27

Vaccinations in Cyprus will begin in unison with other EU member states on December 27 following approval by the European Medicines Agency (EMA)....

1206. EY Cyprus sponsors 3rd Anti-Fraud Conference

EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...

1207. EU regulator to approve Covid-19 vaccine on Dec. 23, says Bild

The European Medicines Agency (EMA) is aiming to approve the Covid-19 vaccine developed by Pfizer and BioNTech on December 23, German newspaper Bild reported on Tuesday, citing government and European Commission sources....

1208. Cyprus records four Covid-19 deaths, 349 cases

The health ministry announced four coronavirus deaths and 349 cases on Monday, raising the Republic’s coronavirus death toll to 82 and total cases to 15,450....

1209. Pressure mounts on EU drug regulator to approve Pfizer vaccine

Europe's drug regulator is under increasing pressure to quickly approve the Covid-19 vaccine developed by US giant Pfizer and Germany's BioNTech, officials said, as inoculations get started in Britain and the United States....

1210. Increase in Covid-19 genetic material detected in wastewater

An increase in the genetic material of the new coronavirus was recorded in the analysis of urban wastewater of the Sewerage Board of Limassol-Amathus (SBLA) which was done in collaboration with the International Water Research Center "NIREAS" of the University of Cyprus. The aim of the cooperation is to develop a reliable early warning system regarding the degree of the Covid-19 spread....

1211. AstraZeneca hitches ride with Russia's Sputnik in vaccine race

AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....

1212. Anti-vaxxers clash with police in Nicosia

Riot police clashed with protesters in west Nicosia on Thursday, where a demonstration took place against vaccinations and health restrictions imposed by the government...

1213. COVID-19 to disrupt holiday shopping plans

1214. Cyprus brings back tough measures

The Cypriot government on Wednesday announced additional measures to combat the spread of coronavirus, as Health Minister Constantinos Ioannou said extending current measures through New Year’s Eve was necessary due to a worsening situation...

1215. Golden passport findings hard to come by

The president of the Cyprus Bar Association says he has received adequate information from the audit office in connection with golden passports, adding that other agencies and officials have refused to share their findings citing direct orders from the interior minister...

1216. Cyprus-bound vaccine less than month away

The delivery of the first batches of the COVID-19 vaccine is less than a month away, with the Republic of Cyprus prepping a mix-and-match strategy to begin vaccinations early next year...

1217. 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. ...

1218. EU warns against easing pandemic-containing measures

As millions of European citizens gear up for the festive season, the European Union's executive commission urged member countries to keep strong anti-Covid-19 restrictions in place to avoid a post-holiday surge of coronavirus cases and deaths but stopped short of advising against travel....

1219. EU criticizes 'hasty' UK approval of Covid-19 vaccine

The European Union criticised Britain's rapid approval of Pfizer and BioNTech's Covid-19 vaccine on Wednesday, saying its own procedure was more thorough, after Britain became the first western country to endorse a Covid-19 shot....

1220. Turkey part of EU agenda on ‘reinvigorating’ ties with US

Restoring stability in the Eastern Mediterranean and a “coordinated approach” to Turkey are among the issues outlined by the European Commission in an internal document on how to “renew and reinvigorate” transatlantic relations under the incoming US administration of Joe Biden....

1221. Pfizer-BioNTech seek EU emergency approval for Covid-19 vaccine

Pfizer Inc and BioNTech’s Covid-19 vaccine could be rolled out in Europe this month, the companies said on Tuesday after they applied for EU emergency approval for the shot...

1222. Moderna to seek US, EU authorization for vaccine on Monday

Moderna Inc will apply for US and European emergency authorization for its Covid-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said....

1223. Cyprus makes last ditch effort to beat virus

The latest measures against the spread of the coronavirus went into effect on Monday, including a night curfew across all districts, as calls for all citizens to be tested multiplied just before Christmas holidays...

1224. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

1225. EU drugs watchdog expects first application for COVID-19 vaccine in days

Europe's drugs watchdog said on Thursday it expects to receive the first application for conditional marketing approval for a Covid-19 vaccine "in the coming days", the latest step towards making a shot available outside the United States....

1226. Cops on the lookout for fake COVID docs

Police headquarters issued emergency instructions on Wednesday after receiving information that motorists could be using fake COVID certificates to pass through roadblocks that were designed to block travel without a legitimate purpose...

1227. Cyprus drilling programme to resume in mid-2021

The Cyprus hydrocarbon exploration programme will resume in the second half of 2021, energy minister Natasa Pilides said Tuesday, noting however that the pandemic has rendered drilling projects “increasingly complex.”...

1228. EU says first virus vaccinations possible by Christmas

A top European Union official said Wednesday that the first citizens in the 27 nation bloc could be vaccinated against the coronavirus by Christmas, but she warned that member countries must urgently prepare their logistical chains for the rollout of hundreds of millions of doses of the vaccines....

1229. EU reaches deal with Moderna on Covid-19 vaccine supply

The European Union has reached a deal with US biotech firm Moderna for the supply of its Covid-19 vaccine candidate, an EU official told Reuters on Tuesday....

1230. Cypriot gets vaccinated in Moscow

A business executive from Limassol living in Russia says he was given the Sputnik V shot for COVID-19, making him the first ever Cypriot known to have been vaccinated against the novel coronavirus...