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901. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

902. 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....

903. 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. ...

904. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

905. Stricter measures to follow President's address

The Cabinet’s decisions on additional restriction measures to be imposed on the Cyprus public in response to the enduring spike in daily coronavirus cases will be announced on Wednesday day, when President Nicos Anastasiades will be addressing the nation....

906. 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....

907. Cyprus lockdown question still open-ended

President Nicos Anastasiades hinted at further measures to stop the spread of COVID-19 following last weekend’s spike, but the nature and scope of a potential second lockdown remains unknown until his meets with his Cabinet on Wednesday...

908. Greece enters three-week lockdown to stem jump in infections

The Greek Prime Minister Kyriakos Mitsotakis announced on Thursday a three-week nationwide lockdown in an effort to stop an “aggressive” jump in infections, a rise in intubations and intensive care admissions....

909. PwC’s city resilience framework

910. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

911.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

912. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

913. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

914. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

915. Cypriot minister has one regret over passports

Finance Minister Constantinos Petrides, who oversaw Cyprus' disgraced golden passport scheme while he was serving as interior minister, says he should have pushed harder to end the program much sooner...

916. Michalis Persianis at Digital Agenda Cyprus Summit 2020

Michalis Persianis has been Corporate Affairs Director at Bank of Cyprus since 2015. ...

917. EY and P&G expand COVID-19 alliance

EY announces an expanded alliance with P&G to transform and build supply chain resilience during and beyond the COVID-19 pandemic...

918. Cyprus suspends golden passport programme

The Republic of Cyprus announced unexpectedly on Tuesday that the current Citizenship by Investment Programme would be abolished, following an emergency Cabinet meeting a day after Al Jazeera published a secret video alleging corruption in the island’s golden passport scheme...

919. October heats breaking Cyprus records

The steep temperatures being recorded in Cyprus have broken October heat records, head of the meteorology service Kleanthis Nicolaides told Kathimerini Cyprus on Thursday. ...

920. Jacqueline Kassteen at Digital Agenda Cyprus Summit 2020

Jacqueline Kassteen has 20 years of marketing experience in international education, student travel, publishing, lead generation, retail, and financial services....

921. Transport minister reveals future plans for trains, trams in Cyprus

"The Republic of Cyprus recognizes that the railways can play an important role in improving the efficiency of the transport of goods and people, for short and long distances," transport minister Yiannis Karousos said Monday during a teleconference shared with his European counterparts...

922. Pompeo coming to sound Nicosia out

US Secretary of State Mike Pompeo is expected to arrive in Cyprus on Saturday evening, a day after surprising reporters on a plane en route to Doha saying he wanted to swing by the island to hear a fresh perspective on regional tensions...

923. Solar panels being installed in over 400 Cyprus schools

Education Minister Prodromos Prodromou said Tuesday that the Cyprus Electricity Authority has begun the process of insulating and installing solar panels at 405 schools across Cyprus, allowing schools to take on the extra electricity load of air conditioners that are desperately needed as the heatwave rages on. Currently, 107 schools have solar panels....

924. Russia’s top diplomat visits Cyprus

Russian Foreign Minister Sergey Lavrov is flying to the Republic of Cyprus on Monday where a new agreement is expected to be signed on the avoidance of double taxation between the two countries...

925. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

926. Golden passports scheme to remain as is

The citizenship-by-investment program will not be terminated, nor will it be suspended for a short period as a way of managing the crisis developing crisis, the government decided during its Tuesday morning coffee at the Presidential Palace. What was strongly tabled was that a potential freezing or termination of the investment program at this point in time would send a message that the government is acting in light of the Al Jazeera publications, and that by extension, that it accepts them....

927. EU ‘very clear’ on expectations from Turkey for de-escalation

The message, the expectations, the timeline and the consequences of not acting towards a de-escalation of tension in the Eastern Mediterranean were “made clear” to Turkey, both via the informal Foreign Affairs Council last week in Berlin and in the telephone call on Monday between EU High Representative Josep Borrell and Turkish Foreign Minister Mevlut Cavusoglu, according to EU foreign policy spokesman Peter Stano....

928. Construction of the Sewage System in Pyrgos and Parekklisia

Α ceremony took place on Friday 28/8/2020 at the Multipurpose Center of the Community of Pyrgos, for the signing of the Contracts for the construction of the Sewerage System in the Communities of Pyrgos and Parekklisia...

929. EU keeps expanding future vaccine portfolio

EU Health Commissioner Stella Kyriakides said the European Commission has concluded exploratory talks with CureVac to purchase a potential vaccine against COVID-19...

930. Cyprus and Russia come to terms

It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...