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1531. Cyprus awaits relaxation announcements as cases rise

The Health Ministry’s announcement of Tuesday’s coronavirus cases sounded the alarms, cutting short the restrained optimism that had prevailed thus far....

1532. Mother accused of abducting son speaks out

Another child custody nightmare made headline news last week after a Cypriot mother has been ordered by a local court to take her son back to the United States, where his father filed a parental abduction complaint...

1533. The hidden world of soil and why we need to protect it

In the wake of the climate crisis over the last decades, we all talk about the state of the air we breathe and the quality of our water; both undoubtedly invaluable and essential to all life forms. However, we very often forget another key player; the part of Earth right under our feet, the soil....

1534. KPMG unveils Impact Plan: shares progress against newly created Stakeholder Capitalism Metrics

KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...

1535. Policy priorities unaffected by pandemic, FinMin says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

1536. The key to a successful investment lies in… behaviour?

1537. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

1538. COVID-19 is adding new impetus to finance transformation

1539. Borrell reiterates criticism of Turkey over Varosha

EU foreign policy chief Josep Borrell has reiterated criticism of Turkey’s decision to reopen part of the beachfront of Varosha, a resort abandoned since Turkey invaded Cyprus in 1974....

1540. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

1541. Cabinet agrees on plastic bag ban at sales points

The Cabinet on Tuesday agreed on a blanket ban on thin plastic bags at points of sale, with the decision to come into force once passed by the House plenum....

1542. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1543. 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....

1544. Cyprus parliament approves legislation for social enterprises

Parliament on Thursday passed into law a bill allowing social enterprises to be set up in the Republic of Cyprus....

1545. Pedestrian killed in dangerous road accident

A man walking with his mother along a rural coastal road in Paphos district was killed after he was struck by a vehicle, with local representatives issuing urgent calls to expedite the construction of safety features in the area including a sidewalk...

1546. New court culture coming to Cyprus

The president of the Cyprus Bar Association says justice reform is in the air in the Republic of Cyprus, after proposed rules on Civil Law Procedure were submitted on Thursday to the Supreme Court in hopes to introduce a new court culture on the island...

1547. GLOBAL OPEN DEBATE by THEATRUM VITAE

If you are concerned about the existence of the arts in tomorrow’s turbulent world, then you should join this lively debate, where experts from a wide range of creative industries across the globe will be providing their expertise and sharing their own views about the future of the arts in the post-pandemic world...

1548. Safe business and digitalisation in maritime

1549. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

1550. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

1551. 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. ...

1552. Cabinet approves national framework on smart cities strategy

The Cabinet approved the development of a national framework on the strategy and promotion of smart cities, after a proposal submitted by the Deputy Ministry of Research, Innovation and Digital Policy....

1553. KPMG says it will be net zero carbon by 2030

KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...

1554. 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...

1555. Lidl Cyprus celebrates 10th anniversary

A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...

1556. Cyprus 2021 defence budget up by €70 million

The six pillars of the defence ministry’s strategic aims in defence and security matters were presented before the parliamentary finance committee by defence minister Charalambos Petrides on Monday, in the context of his ministry’s budget for 2021....

1557. Cypriot leaders to size each other up

Cyprus’ Greek Cypriot and Turkish Cypriot leaders are meeting on Tuesday evening to get to know each other following elections in the north, but local reports on both sides of the divided island suggest Nicos Anastasiades and Ersin Tatar already have talking points for each other...

1558. 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. ...

1559. PwC’s city resilience framework

1560. Varosha getting revamp ahead of Erdogan visit

Preparations have begun within Varosha ahead of the upcoming visit of the Turkish President. Recent information points suggests that the Turkish government is moving ahead with significant interventions and revamp projects on the coastal front of the fenced-off city, which was re-opened by Turkish Cypriot authorities, with Turkey’s support, earlier this month....