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421. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

422. UK citizens rush to fill up amid shortages

The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....

423. EU: A charger for all mobile phones - A blow to Apple

The European Commission is pushing for a common charging port for mobile phones, tablets and headphones, ...

424. Fears of panic buying in the UK ahead of the Christmas season

Fears of panic shopping ahead of Christmas are being raised by market participants in Britain....

425. Supermarkets want a Safe Pass redo

Supermarket representatives in the Republic of Cyprus are crying foul over Safe Pass measures, accusing police officers of being vindictive with fines and pointing out that some door greeters are even scared to confront aggressive customers...

426. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

427. Vaccinated woman dies of rare blood clot

A local woman in her early 40’s who was vaccinated two months ago has died in hospital, but no yellow card had been submitted prior to her death with officials suggesting her case didn’t fit the bill...

428. Greengrocers declare ‘May Day’ in Cyprus

Fruit and vegetable stores in the Republic of Cyprus stunned the public for being prepared to violate a government decree on labor day this Holy Saturday, but a bigger surprise came from supermarkets that plan to stay closed...

429. Commission officially registers halloumi PDO

The European Commission announced on Monday the official decision for the registration of halloumi/hellim as a protected designation of origin (PDO) product, protecting it against imitation and misuse across the EU....

430. EU27 open up to Turkey but with a caveat

European Union leaders made good on Thursday on a 2016 promise to deepen trade ties with Turkey, but also warned Ankara to expect sanctions if it restarts exploration over disputed hydrocarbons in the eastern Mediterranean...

431. 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...

432. COVID-19 to disrupt holiday shopping plans

433. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

434. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

435. Over 200,000 tonnes of plastic leaking into the Mediterranean each year

A new IUCN (International Union for Conservation of Nature) report finds that an estimated 229,000 tonnes of plastic is leaking into the Mediterranean Sea every year, equivalent to over 500 shipping containers each day. Unless significant measures are taken to address mismanaged waste, the main source of the leakage, this will at least double by 2040. ...

436. 5G wars over Cyprus rage on

The Chinese Embassy in Cyprus accused Washington over the weekend of “openly coercing” Nicosia and other allies into keeping out Chinese companies in setting up 5G networks...

437. Flu vaccine stocks at pharmacies dry

Private pharmacies’ stocks of flu vaccines have run completely dry as a result of a widespread sense of panic as a result of the coronavirus pandemic, head of the Pancyprian Pharmaceutical Association Eleni Piera said Wednesday....

438. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

439. EU set to sanction Turkey over ships in disputed East Med exploration area

The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on September 24 in response to the Eastern Mediterranean dispute with Greece, the EU’s top diplomat said on Friday. ...

440. Adoption of new trends accelerating after pandemic

The acceleration of consumer trends and behaviour that was already underway prior to the COVID-19 outbreak has taken another leap forward and will spark consumer-facing companies and retailers to reinvent the way they do business, according to a new PwC report...

441. Cyprus readies launch of 5G bid

The Republic of Cyprus is moving forward with opening a public bid for the country’s 5G network, with permits expected to be approved before the year is out...

442. Law for provision of vouchers for cancelled flights illegal, Consumers Association says

The Cyprus Consumers Association said Thursday that the new law passed by the Cyprus government for the provision of vouchers as reimbursement for flights cancelled amid the coronavirus outbreak is illegal, as consumers are entitled to a full cash refund....

443. Wars over imported damaged vehicles

Transport ministry officials are getting serious pushback from groups opposing a new guideline that would require car damage history to be disclosed to prospective buyers of used vehicles...

444. 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....

445. Pressure mounting on T/C leadership to reopen checkpoints

Several Turkish Cypriot groups are stepping up pressure toward the leadership in the north to reopen checkpoints as soon as possible, given that the coronavirus pandemic appears to be fully recovering on both sides of the divide....

446. Cyprus begins to emerge from lockdown

Economic activity in Cyprus was set to resume on Monday during an initial phase of easing coronavirus lockdown measures, but business is not as usual as the president of the Republic is calling on citizens to behave responsibly...

447. More Cypriots ditch cash during pandemic

Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show ...

448. Expert tells shoppers 'no need for testing'

A local health expert tells consumers there is no need to rush and get tested if they shopped at a supermarket where an employee tested positive for the coronavirus...

449. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

450. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact