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1621. Weekend News Roundup

Here are a few of the stories that made news in Cyprus over the weekend....

1622. NATO must 'stand together' in Afghanistan

The political and military leadership of the Afghan Army must shoulder a significant part of the blame for its swift collapse...

1623. Greece is more secure with Biden as president

US Senator Bob Menendez is one of Greece and Cyprus’ greatest supporters and he exerts considerable power and influence in the foreign policy arena....

1624. Cyprus receives 157 million for Recovery and Resilience Plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

1625. State budget and economic outlook for 2022

The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....

1626. EY and IIF survey shows climate change top concern for banks

1627. KPMG and CIM offered 2 academic scholarships

1628. University of Nicosia Advances to Top 601-800 Universities in the World

The latest edition of the Times Higher Education (THE) World University Rankings, released on 2 September 2021, reaffirms the University of Nicosia’s (UNIC) global standing, ranking it among the Top 601-800 universities in the world. Correspondingly, UNIC ranks among the Top 250 universities in the European Union....

1629. Exness awarded as Cyprus’ Best Workplace 2021

On June 30th, Exness won the award for Best Workplace in the presence of the country’s most senior political and business leaders. ...

1630. Open season for players searching for gas

The Republic of Cyprus along with Greece and Israel have leased a research vessel to conduct seismic surveys in waters east and west of the island, at a time when chatter over gas exploration rounds in the region are coming back to the surface...

1631. Cyprus awaits endorsement during Ursula visit

European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...

1632. Cavusoglu visit sets threshold in Cyprus talks

Turkish Foreign Minister Mevlut Cavusoglu says Ankara does not accept the mentality that Turkish Cypriots are a minority in Cyprus, accusing Greek Cypriots of denying equality between the two communities while also pulling favors from the European Union...

1633. Nicosia fares well in intense EU council

Nicosia has welcomed a European Council statement that included conclusions on Turkey, after the EU27 leaders held long and protracted consultations that got testy at times especially during Russia talk...

1634. Cyprus airports to accept EUDCC on July 1

The Cabinet that convened Wednesday, amended the Action Plan for the operation of airports to include the EU Digital COVID Certificate which will be issued by the EU Member States, as well as by the countries of the European Economic Area and by the Switzerland...

1635. President focused on agenda after reshuffle

Cypriot President Nicos Anastasiades says this week reshuffle of his Cabinet will serve the government agenda, while blaming the opposition for his coalition-style approach falling flat...

1636. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

1637. Blinken: differences with Turkey are no secret

US President Joe Biden will raise the issue of Turkey’s activities in the Eastern Mediterranean during his upcoming meeting with Turkish President Recep Tayyip Erdogan, US Secretary of State Antony Blinken said during a Senate Foreign Relations Committee hearing on Tuesday...

1638. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

1639. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

1640. Blinken covers all bases in phone call to Cyprus

US State Secretary Antony Blinken has pledged support for a federal solution in Cyprus, urging both sides to be open to compromise while also warning over Russian and Chinese influence in the region...

1641. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

1642. A silent pandemic requiring global action now

If policymakers fail to address the challenge of antimicrobial resistance they risk seeing the rise of a silent pandemic, write Stella Kyriakides and Dr Tedros Adhanom Ghebreyesus...

1643. KPMG and CIM offer 2 scholarships

KPMG in Cyprus and the Cyprus Institute of Marketing – The Cyprus Business School (CIM) offer for third consecutive year the opportunity to two fellow citizens to acquire an undergraduate or a postgraduate degree...

1644. Advisory Services to the Cyprus Cancer Research Institute

KPMG in Cyprus will offer pro-bono Advisory Services to the Cyprus Cancer Research Institute (CCRI). Based on the partnership, the scope of services relates to the overall design of the Institute’s operational processes...

1645. West furious over Belarus ‘hijacking’ plane

A passenger plane flying from Athens to Lithuania was diverted to Belarus on Sunday, with reports suggesting secret foreign agents in the Greek capital took part in a plot described as a 'state hijacking' by Minsk to arrest a political dissident on board...

1646. Women and children allowed off refugee boat

Close to a hundred Syrian refugees were spotted on board a vessel on Wednesday off Cyprus’ Cape Greco, with reports saying half of them were women and children while coast guard officials ordered the men to remain on the boat...

1647. EY: Liquidity-fueled IPO markets break records in Q1 2021

1648. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

1649. Cyprus ends lockdown with safe pass

A third lockdown in the Republic of Cyprus ended on Sunday as new measures went into effect Monday including a controversial safety pass, with the government betting on a slight improvement as it pushes for gradual return to normality...

1650. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...