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1591. 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...

1592. Cyprus Parliament ratifies EastMed pipeline agreement

Cyprus’ House of Representatives ratified on Friday the EastMed natural gas pipeline....

1593. LNG terminal project marks new era for Cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...

1594. Mother detained in child abuse case

Police brought to light a suspected child abuse case in Limassol this week, during an investigation into an assault complaint launched against the parents by the baby’s grandmother who said she was assaulted by her son and daughter-in-law...

1595. Cyprus based company KRU Overseas continues to supply coal to Cyprus domestic market

KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....

1596. Largest Hotel in Cyprus Reopens its doors

1597. PwC Cyprus: a steady supporter of entrepreneurship and innovation

1598. MP cries foul over Nicosia's stinky mess

The source of a recent foul odour wafting through local communities in west Nicosia remains a mystery, with a Green Party MP raising doubts over the official explanation given by authorities...

1599. Businesses pursue strategies for turning challenges into opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

1600. Cyprus the highest climber in IMD 2020 World Competitiveness Ranking

Cyprus was the highest climber in the 2020 IMD World Competitiveness Rankings, marking an improvement in all four categories that make up the overall ranking....

1601. Health officials struggling to locate infection source of Thursday's new case

Health Ministry officials are struggling to locate the source of Cyprus’ new coronavirus case on Thursday, which involved a patient who was being treated at a private hospital....

1602. Letter to UNSG denounces Turkey's violations of Cyprus' airspace, maritime zones

A letter dated May 28 sent by the Permanent Representative of Cyprus to the UN Andreas Mavroyiannis to Secretary-General Antonio Guterres that denounced Turkish violations of the island’s airspace and maritime zones was released on Thursday as an official document in the General Assembly of the UN Security Council....

1603. Lidl committed to responsible corporate governance

1604. EU bird populations on decline for decades, Eurostat shows

Bird populations in the EU have been declining for several decades, data released by Eurostat on Friday, that marked World Environment Day, showed....

1605. New quarantine rules issued for repatriated persons

With the mandatory 14-day quarantine for returnees from abroad officially scrapped on Monday, the Health Ministry issued new guidelines whereby those being repatriated will only be required to stay in a quarantine hotel until their test results are out....

1606. Pandemic highlighted urgency of tackling climate challenges

While the coronavirus crisis has highlighted our vulnerabilities as a globally connected society, the recognition of the need to stabilize our climate and protect biodiversity preceded the current crisis by many years, Wolfgang Cramer, Scientific Co-Director of the Mediterranean Institute of Marine and Terrestrial Biodiversity and Ecology (IMBE), said Friday....

1607. Men on ship electrocuted to death in the north

Two foreign workers in the north were electrocuted to death on Wednesday while carrying out cleaning work on an anchored ship outside Famagusta port...

1608. Companies in Cyprus ready for the new norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

1609. Athens to undergo radical facelift

After the ambitious vision of creating a large traffic-free zone in Athens more or less fizzled out at the end of the previous decade, the Athens Municipal Council breathed new life into the project on Monday after approving a proposal for an extended pedestrian network and a drastic reduction of cars in the city center....

1610. EastMed a project of major geostrategic importance, Hatzidakis says

Lawmakers in Athens on Monday ratified, at the committee level, a deal for an undersea pipeline to carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe signed by Greece, Cyprus and Israel earlier in the year....

1611. Cyprus extends flight ban but has a plan

Cyprus on Monday extended a ban on commercial flights into and out of the country until May 28 as the government considers ways to restore the country’s tourism industry to meet an anticipated swell in demand from vacationers eager to escape coronavirus lockdowns...

1612. Beaches and pools safe, danger lies in close contact

Close contact poses a risk of transmitting coronavirus and not going to beaches, Lecturer of Internal Medicine & Infection Prevention and Control at the European University of Cyprus, Constantinos Tsioutis said Monday....

1613. High school seniors back to school

Around ten thousand high school seniors returned to public schools on Monday, after almost two months away from their classes due to the restrictive measures to curb the spread of coronavirus...

1614. President and Education Minister brush off mounting concerns

As concern mounts over the Cyprus government’s decision to send children back to school on May 21, Education Minister Prodromos Prodromou issued a press conference Friday morning to clarify how the return of students to classrooms will play out....

1615. Attorney general weighs in on casino probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

1616. Cyprus irked over mystery casino probe

The Republic of Cyprus is asking the European Anti-Fraud Office for more information into a probe of misuse funds, following reports that stolen EU money was pumped into a casino project on the island...

1617. EU investigators follow the money to Cyprus

Cyprus came on the European Anti-Fraud Office’s radar this week, after it emerged that money allegedly stolen from an environmental project was diverted to a casino project on the island...

1618. 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...

1619. Minister lashes out at decree violators

Cypriot Health Minister Constantinos Ioannou called on members of the public to “drastically limit their contacts in order for the effort against coronavirus to work” as police fined a record number of violations on Sunday...

1620. Hospitals the Achilles heel of the pandemic

The suspension of patient admissions at all four state General Hospitals was one of the initial fears that was expressed by the state health services organization (SHSO), which oversees the island’s public hospitals that have borne the brunt of the coronavirus outbreak....