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1681. Defiant Italy scores rocking victory in Eurovision

Italy has won the 2021 Eurovision song contest with a rock tune in defiance of European music stereotypes, with the United Kingdom being the only country that received absolutely zero points from both the jury and viewers at home...

1682. Cyprus’ baddie 'opens up' Euro contest

After last year’s hiatus due to the pandemic, Eurovision fans around the world are hours away from enjoying the biggest live music event, with Cyprus’ entry opening the popular competition where love of music is mixed with high emotions and decisive computations to declare a winner...

1683. EY: Liquidity-fueled IPO markets break records in Q1 2021

1684. Israel destroys Gaza tower housing media

Israel destroyed a 12-storey tower block in Gaza housing the offices of the U.S.-based Associated Press and other news media on Saturday, saying the building was also used by the Islamist militant group Hamas...

1685. COVID still rampant despite improvement

There was some mixed news in Cyprus on Friday, after a National Surveillance Report showed COVID-19 still prevalent at high levels despite some improvement...

1686. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

1687. Anastasiades warns against new faits accomplis

Despite talks in Geneva coming to an unsuccessful end after the UN Secretary-General Antonio Guterres announced he failed to find common ground among parties, President Nicos Anastasiades lauded the successful management of the summit on the part of Guterres and the Greek Cypriot representation....

1688. Third lockdown brings new support schemes totaling €120m

New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday....

1689. Webcam child groomer gets sentence

A young man got a suspended sentence after being found guilty of enticing a minor to sexual activity as well as child grooming offences involving a total of three underage girls...

1690. Christodoulides: Failure in Geneva won’t benefit anyone

A failure of the informal five-party summit would constitute a negative development for all participants, Foreign Minister Nikos Christodoulides said in an interview with Kathimerini Cyprus' Marina Economides, just before the new UN-led initiative was set to kick off in Geneva on Tuesday....

1691. Jiu Jitsu director says Cyprus losing out

The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...

1692. Gloves are off again over golden passports

Cyprus’ auditor general told a House committee this week that the Cabinet used old rules to approve over two hundred golden passports after the cutoff date for an investigation ordered by the attorney general, who pushed back on the criticism saying there was 'no bottom to the abyss'...

1693. Turkey says ‘sofagate’ unfair criticism from EU

Turkey has blamed the European Union for seating arrangements that left European Commission chief Ursula von der Leyen standing without a chair during formalities at the Presidential Palace in Ankara...

1694. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

1695. EOKA boy to get hero’s burial

Greek Cypriot officials are on a quest to exhume the remains of a young boy, who was shot and killed during a student riot against British forces in 1956, in order to give him a hero’s burial...

1696. 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....

1697. Damning State Dep. report highlights Cyprus human rights issues

A US State Department country report on human rights practices in 2020 proved damning for Cyprus which was found to have had significant human rights issues last year....

1698. EY Cyprus participated in the 4thCyprus International Tax Conference

EY Cyprus has once again supported and participated in the 4thCyprus International Tax Conference, on Tuesday March 30th....

1699. Cyprus rejects EU draft on Turkey which seeks to deepen trade ties

Cyprus has rejected a draft prepared for a summit of EU leaders this week which seeks to deepen trade ties with Turkey, describing it as “totally unacceptable.” ...

1700. Gloves are off in EU-China relations

The United States, the European Union, Britain and Canada imposed sanctions on Chinese officials on Monday for human rights abuses in Xinjiang, in the first such coordinated Western action against Beijing under new US President Joe Biden...

1701. EY Academy of Learning & Development introduces a new Web-Based Learning initiative

EY Cyprus is proud to announce the launch of a new Web-Based Learning (WBL) initiative, an expansion of the offerings of the EY Academy of Learning and Development...

1702. EU will be present in Cyprus issue negotiations, senior EU official says

The EU will be present at the conference on Cyprus to be convened by the UN in Geneva in late April and at the formal negotiations that may follow, a senior EU official said at a press conference in Brussels ahead of the forthcoming Foreign Affairs Council (FAC) of Monday....

1703. Cyprus scrambles to reduce asylum backlog

Interior Minister Nicos Nouris says the government is moving forward with rejections of asylum applications under new, faster procedures to clear a system backlog, with Europe seeking a comprehensive solution and a commissioner calling on Cypriot authorities to investigate illegal pushbacks...

1704. Govt meets extension of restrictions with new support measures

Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures....

1705. Cyprus holds off decision on more relaxations

The Cabinet has pushed back a crucial announcement, through which the government was expected to move forward with further relaxations, citing a rise in daily cases and hospitalizations...

1706. Rate of women in knowledge-intensive services in Cyprus well below EU average

In 2019, 77.9 million people in the EU were employed in knowledge-intensive services, of whom 31.8 million were men and 46.1 million were women. Although women represent less than a half of all employed people in the EU (46%), they are in a majority in knowledge-intensive services (59%), according to data released today by Eurostat, the statistical service of the EU....

1707. Borrell: Cyprob solution must come from Cypriots

"The European Union fully supports the resumption of a settlement process under UN auspices, as soon as possible," and stands ready to provide whatever assistance both parties and the UN would find most useful, the EU’s Foreign Policy chief Josep Borrell said Thursday....

1708. Health Minister concerned over rule flouters

Cyprus must continue to show good epidemiological figures before any more restrictions can be lifted safely, Health Minister Constantinos Ioannou said Monday....

1709. Cyprus moving forward with more relaxations

The Cabinet on Thursday agreed to move forward with a steady lifting of restrictions, as starting Monday each week will see additional relaxations culminating in the lifting of restrictions on food and drink businesses on March 16....

1710. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...