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391. Over 23,000 applications filed for suspension of loan payments

More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....

392. PHOTO GALLERY: Athens streets deserted during lockdown

Deserted squares, padlocked parks, empty avenues where lines of cars once idled bumper-to-bumper in traffic as motorbikes and scooters zoomed through the narrow gaps between. The Greek capital, Athens, like so many cities across the world, has seen its streets empty under a lockdown designed to stem the spread of the new coronavirus....

393. Cyprus gets tougher with stricter bundle of measures

Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....

394. Tax alert: Cyprus

395. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact

396. New decree enforces ban on car sales, exempts certain groups from movement ban

397. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

398. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

399. Greek police arrest dozens for violating measures to curb coronavirus

The Greek Police (ELAS) has arrested dozens of people for violating measures introduced by the government in a bid to curb the spread of the coronavirus, apprehending a total of 127 people across the country since last Thursday. ...

400. Trump declares coronavirus outbreak a national emergency

President Donald Trump said Friday he was declaring a national emergency -- "two very big words" -- to free up $50 billion in federal resources to combat coronavirus, part of a raft of new measures Trump hopes can bring a roiling health crisis under control....

401. Coronavirus thrusts Cyprus into consumerist frenzy

The coronavirus outbreak has brought on a widespread consumerist frenzy across the island. Market research by Kathimerini found that retailers saw a skyrocketing of sales to the tune of over 400% compared to the corresponding period last year, even surpassing sales during the Christmas period....

402. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

403. Economic sentiment in Cyprus falls in February due to weaker business confidence in services

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....

404. Cyprus' debt at €20.74 billion in end of 2019

405. End of 2019 sees historic high in investment funds assets

Investment funds’ assets reached a historic high at the end of 2019, data released by the Cyprus Central Bank on Thursday showed....

406. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

407. PRIO: A Cyprus solution could reap high economic benefits

A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....

408. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

409. Digital transformation of health services is indispensable

410. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

411. Go Trendy or Classic with garden furniture from JYSK

Do you want to be Trendy or Classis this August? To answer this, visit the JYSK store at Nicosia Mall. August, as the typical holiday month, is ideal for resting and relaxing with family and friends. That’s why JYSK, the famous Danish retailer chain, offers two garden furniture sets to two lucky winners to make your summer even more beautiful. A Trendy and a Classic one! ...

412. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

413. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

414. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

415. IKEA branches out to Limassol

IKEA is reaching out to Limassol fans and beyond, with a new Planning Studio location now open in the southern town...

416. Digital Agenda Summit: Brian McBride, ASOS Chairman and CEO of Amazon UK

Brian McBride is one of Britain’s foremost digital business leaders. For six years he served as Chairman of ASOS, the leading online fashion retailer. He is also Senior Non-Executive Director at electrical retailer AO.com and is Senior Adviser with Scottish Equity Partners. Outside his commercial interests he’s also a member of the Government’s Digital Advisory Board, which steers the digital delivery of Government services to the public. ...

417. Playing with Bricks 4 Kidz® at Nicosia Mall

An incredibly fun activity is on offer at Nicosia Mall, for every kid who loves imagination and creativity from July 8 to August 11, from 3:00 to 7:00 in the afternoon. ...

418. Neo Plaza construction up for grabs

Companies from Greece and Cyprus are showing interest in building Neo Plaza, a price-slashing outlet mall in west Nicosia...

419. EY Cyprus announces four new Partners

EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...

420. Fitch Upgrades Hellenic Bank