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1951. 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...

1952. 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...

1953. 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...

1954. 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'...

1955. 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...

1956. 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...

1957. 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...

1958. 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...

1959. 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...

1960. 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...

1961. 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...

1962. 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...

1963. 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...

1964. 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...

1965. EY: Liquidity-fueled IPO markets break records in Q1 2021

1966. 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...

1967. 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...

1968. 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...

1969. US-Turkish alliance at a critical crossroads

The rift between Joe Biden and Recep Tayyip Erdogan runs deep as the American president – in contrast to his predecessor – attaches a great deal of importance to respect for democratic values and does not see his Turkish counterpart as willing to cooperate in the framework of a world order based on shared principles and rules, Ian Bremmer, the head of Eurasia Group, tells Kathimerini in an interview....

1970. KPMG supports 'Adopt a Family for Easter'

Our Corporate Social Responsibility programme forms an integral part of our corporate philosophy around the world. As every year, we aim to implement specific actions with a substantial impact on our society, such as the support for socially vulnerable groups...

1971. Larnaca seafront’s last oil tank gone

A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...

1972. Cyprus open to fully vaccinated tourists

The Republic of Cyprus will open for fully vaccinated travelers without additional entry requirements starting May 10, a day after the end of a lockdown, with the tourism minister saying both EMA-approved vaccines as well as the Russian jab will be accepted...

1973. Cyprus decides lockdown in Golgotha meeting

After a tough debate amongst ministers over how the government ought to respond to a deteriorating pandemic situation, a proposal for a short and partial lockdown was approved at the last minute after the Cypriot health minister ascended his Calvary to secure a lockdown ahead of Orthodox Holy Week...

1974. Cabinet split as measures gain on lockdown

The Cabinet is set to announce later on Friday a new set of measures to curb the COVID-19 spread in the community, as daily cases continue to rise with a situation in hospitals extremely alarming...

1975. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...

1976. 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....

1977. 2021 KPMG CEO Outlook Pulse Survey

1978. Economic activity could resume by spring end, Anastasiades says

President Nicos Anastasiades said Wednesday that he was hopeful that economic activity could resume by the end of spring, given that no unpredicted developments arise on the part of pharmaceutical companies....

1979. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

1980. Michel says EU will be active observer in Cyprus peace talks

The EU remains committed to the resumption of Cyprus peace talks and is looking forward to the informal meeting set to take place in Geneva later this month, where it will participate as an active observer, European Council President Charles Michel said Tuesday after meeting with Recep Tayyip Erdogan in Ankara....