Search

121. Hellenic acquires 553 million euros worth of Cypriot corporate loans from RCB

Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....

122. UK approves first drug that prevents Covid

A first-of-its-kind drug that stops people from catching Covid has been approved in the UK by the country's medical watchdog....

123. Cyprus is losing its Russians, confronting existential questions about its economy

For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs. ...

124. New cancer therapy completely destroys advanced ovarian and colorectal tumors in 6 days

A new cancer therapy has completely destroyed advanced ovarian and bowel tumors in just six days....

125. Europe's banks reveal billions worth of Russia risk as sanctions bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

126. Russia will default on its debts 'imminently', Fitch ratings agency has warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

127. Petrides: Cyprus banks are safe from exposure to Russia

The economic sanctions imposed against Russia following the invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia...

128. At least five oligarchs have bank accounts in Cypriot banks

In Cyprus, five oligarchs from the EU list What emerges from the investigations of Cypriot banks for the lists of the European Council which includes 50 persons...

129. Ukraine - Multinational companies suspend their operations in wake of Russian inavsion

One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....

130. Cyprus feels the need to transform shipping into a low carbon industry, says President

As a leading maritime nation, Cyprus feels responsible to accelerate the transition of shipping to a low carbon and climate-resilient industry, President Nicos Anastasiades said on Friday, addressing the One Ocean Summit taking place in Brest, under the aegis of the EU French Presidency....

131. The coronavirus loses 90% of its infectiousness after 20 minutes in the air

The coronavirus can lose up to 90% of its ability to infect humans within 20 minutes of being in the air, while most of its virulence decreases in the first five minutes, according to estimates by British scientists, who made simulations of the virus' ability to survive and infect when exhaled into the air by a carrier, combined with environmental conditions, particularly humidity....

132. A total of 28,414 COVID-19 cases in Cyprus during the last 14 days

In the last 14 days (21 December 2021 – 3 January 2022) 28,414 COVID-19 cases have been diagnosed, according to Cyprus National Surveillance Report issued on Friday....

133. FDA: Rapid tests may not be as effective in detecting Omicron

The rapid coronavirus antigen tests, which have the great advantage of being effective within minutes, are less sensitive to the Omicron mutation than previous ones, US health officials warned on Tuesday....

134. Full vaccination plus breakthrough infection equals 'super immunity'

A study by Oregon researchers finds that people fully vaccinated against COVID-19 who have a breakthrough infection end up with what the authors call "super immunity."...

135. I'm a Virus Expert and Here's a Sure Sign You've Had COVID

The New York Times reports more than 775,000 Americans have died from COVID-19 and more than 48 million have had the virus. ...

136. Regeneron: Antibody cocktail protects for up to eight months

Regeneron reported that a dose of the antibody cocktail it makes reduced the risk of COVID-19 infection by 81.6% for two to eight months after administration of the drug in a final trial....

137. The eternal unfinished buildings in our cities

Driving in some areas of Cyprus, we can see some skeletal buildings that "stand" there abandoned for many years and it makes us wonder why they were left there to rot....

138. Samsung Healthcare eyes €6 mln Cyprus deal

Medical manufacturing giant Samsung Healthcare is pitching for a record €6 mln deal to supply 55 ultrasound units to state hospitals,...

139. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

140. Investigation into toxic substance found in nasal swabs

The Minister of Health is in contact with the Attorney General and the Chief of Police to investigate reports that a toxic substance was found in the swabs used to perform rapid tests....

141. Cancer vaccines in two to three years

Drs. Ugur Sahin and Ozlem Tureci are a very modest, perhaps even humble, scientist couple. ...

142. Cop goes to prison for indecent exposure

A man who was arrested at a public beach for public masturbation and subsequently lost his job at police headquarters has been sentenced to two years behind bars...

143. Woman’s letter probes AIDS phobia in Cyprus

A woman living with HIV in Cyprus has gone public with her ordeal after months of being given the runaround by officials, while shocking details about a recent case include GESY doctors refusing to treat a patient because they had 'no experience with her condition'...

144. Coronavirus deaths increased by 102% in one month in Cyprus

According to the national report published by the Ministry of Health, August was Cyprus' worst month in terms of deaths since the beginning of the pandemic. ...

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

146. 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'...

147. Child cocaine exposure case goes forward

A mother of young twins who reportedly tested positive for controlled substances is no longer a suspect, but Limassol police are charging her husband with multiple offences in an unusual case of pediatric exposure to cocaine...

148. Bankrupt Cyprus Mines saga continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

149. 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....

150. Cyprus' climbing positivity rate trend stabilising

The upward trend in Cyprus’ weekly coronavirus positivity rate for appears to have come to a halt, but remains at relatively high levels, an updated national surveillance report covering the period up to March 23 showed....