Search

781. Cyprus scores Wizz Air base in Larnaca

Cypriot aviation scored a big win this week after Wizz Air said it would turn Larnaca airport into a base, as the island is trying to restore connectivity and the airline industry going through a hygiene makeover...

782. Cyprus expects 600,000 tourists by August

The island is expected to receive some 600,000 passengers in August, Transport Minister Yiannis Karousos said Thursday, noting that this estimation includes people flying in on commercial and private planes....

783. COVID-19 outbreak both a curse and a blessing

The coronavirus pandemic in Cyprus has come as both a curse and a blessing, as it forced authorities to move with unprecedented speeds toward a digital transformation, Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos said Thursday....

784. EU pushes to unlock borders as coronavirus ravages travel

785. As coronavirus lockdown eases, Cypriots still in limbo

Deniz Birinci had just hours to stuff her and her baby daughter’s belongings into suitcases and bin bags on March 16 before the two sides on the divided island of Cyprus imposed lockdowns to halt the spread of the new coronavirus....

786. Lockdown brings striking drop in air pollution, energy demand

Pollution levels in Cyprus have plummeted as a result of restriction measures enforced amid the coronavirus outbreak, which brought a significant drop in traffic and electricity consumption, highlighting the benefits of pressing forward with sustainable transport and energy production solutions....

787. Energy company proposes installation of an FRSU in Cyprus

Oslo-based company Hoegh LNG confirmed Friday it has submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus and has sent letters to top government officials outlining its benefits....

788. Chloroquine hype begins to wane

More doubts over chloroquine emerged this week, with new studies pointing to high risks and a US top health official saying he was fired after being pressured to direct money towards the “game changer” drug...

789. 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...

790. Sir Paul Nurse: Fighting cancer through the cell cycle

Holder of the 2001 Nobel Prize in Physiology or Medicine, Sir Paul Nurse, visited the island last week where he participated as the honorary speaker in the 4th Lecture of Academic Excellence organized by the Cyprus School of Molecular Medicine and the Cyprus Institute of Neurology and Genetics. His lecture, entitled ‘Control of the Cell Cyle’, delved into the depths of the research which had led to his prestigious Nobel prize....

791. Emerging tech can bolster Sustainable Development Goals

Two-thirds of the 169 targets underpinning the global Sustainable Development Goals could be bolstered by technological innovation according to a new study by the World Economic Forum and PwC...

792. 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....

793. Turkey deploys extremists to Libya, local militias say

Syrian militants affiliated with groups such as al-Qaida and the Islamic State group are currently being sent by Turkey to fight on behalf of the UN-supported government in Libya, according to two Libyan militia leaders and a Syrian war monitor....

794. The beginning of Brexit

At the stroke of midnight in Brussels, Britain will officially leave the European Union, setting off negotiations in which London will seek to gain as many benefits as it can from the Union. At the same time, it will work toward bilateral agreements with EU member-states and countries outside the bloc....

795. Pensioner suing convicted ‘fixer’ lawyer

A female pensioner, who was swindled out of 350 grand while seeking promotion in the civil service through a back-channel, is suing her former lawyer after he was sentenced to two years for defrauding her...

796. Cyprus taps into Europe’s mountain know-how

Cyprus is hosting a European conference on mountain areas of large Mediterranean islands, hoping to gain valuable information and know-how from countries with a long tradition in managing mountain area policies...

797. EU vessels will no longer have automatic access to UK fishing waters

The automatic right of EU vessels to fish in British waters, in accordance with the EU’s common fisheries policy, is to be ended under the fisheries bill introduced to parliament on Wednesday....

798. Cyprus ratifies Multilateral Instrument

On 22 January 2020, the Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Mattersto Prevent Base Erosion and Profit Shifting(“the Multilateral Convention”) were published in the Official Gazette of the Republic in Greek and English, (“Multilateral Instrument”)...

799. Cyprus hopes to join US visa waiver

Cypriot officials say they are setting up a task force aimed at including the country in the US visa waiver programme the soonest possible...

800. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

801. UNSC briefed on Cyprus ahead of Berlin

The Security Council held consultations on Cyprus on Thursday behind closed doors, where members were briefed on the latest developments and urged leaders to be productive in the period ahead...

802. World’s last divided capital

As the world commemorates 30 years since the fall of the Berlin Wall, the bullet-riddled sandstone walls of abandoned, crumbling homes and concrete machine gun nests dotting Cyprus' no man's land serve as a jarring reminder of another divided capital — the world's last — on Europe's southeastern frontier...

803. Bills for Brits clear House committee

Two bills targeting post-Brexit rights for British residents in Cyprus have cleared the House labour committee, while the language of the bill reportedly provides for a start date that has been left blank...

804. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

805. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

806. Cyprus fiscal surplus at 4.3% of GDP

Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus. ...

807. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

808. Rights of Cypriot nationals secured after Brexit

The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus on Wednesday is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a DExEU spokesperson told the Cyprus News Agency in London...

809. Greece and the US: Commitments and credibility

The signals coming from the two centers of power in the United States, the president and Congress, are often conflicting, which makes it hard for Athens to carve out an effectual foreign policy. This conundrum is set to continue throughout the Trump administration...

810. Common interest for talks but disagreements remain

President Anastasiades said that there is a positive climate and a common basis on which the talks for a Cyprus settlement can take place, noting, at the same time, that disagreements on serious issues remain, but there is an agreement that differences cannot be bridged without dialogue. ...