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1741. 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...

1742. Officials cave in after airport tension

Government officials got a taste of their own medicine on Monday after students who flew in without complying with the latest coronavirus guidelines were granted an exception after hours of tension at the airports and inside the plane...

1743. Flights booked solid before 6pm deadline

Daytime flights from Athens to the Republic of Cyprus were sold out on Monday after the government said new arrivals on evening flights after 6pm would not be allowed into the country without a valid health certificate...

1744. Local businessman shot in rural Nicosia

A Nicosia businessman was rushed to the Emergency Room after he was shot on a rural road outside the capital...

1745. 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....

1746. 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....

1747. EU slams Trump’s Europe travel ban

The European Union has slammed the new anti-virus travel ban announced by US President Donald Trump, lashing out at an “unilateral” decision taken “without consultation.”...

1748. Travel agents issue SOS as cancellations mount

Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....

1749. Erdogan likens Greek authorities to Nazis

Turkish President Recep Tayyip Erdogan on Wednesday said there is “no difference” between Nazis and the Greek authorities trying to hold the country’s border against the influx of thousands of migrants and refugees spurred to push into the European Union by Ankara....

1750. EU criticizes Turkey on migration as border clashes resume

Clashes between Greek riot police and migrants attempting to cross the border from Turkey erupted anew Friday as European Union foreign ministers took aim at what they called “Turkey’s use of migratory pressure for political purposes.” ...

1751. Turkey deploys 1,000 police at Greek border to stem pushback of migrants

Turkey is deploying 1,000 special police forces along its border with Greece on Thursday to halt the pushback of migrants toward its territory, Interior Minister Suleyman Soylu said, adding that 164 migrants had been wounded by Greek authorities....

1752. Greek forces use tear gas to repel migrants

Greek riot police and troops used water cannon and tear gas on Wednesday against hundreds of migrants as they made another attempt to cross the border from Turkey into Greece....

1753. Greek army, police dig in along Turkey border after migrant clashes

Greek troops and riot police remained on high alert on Tuesday along the land border between Greece and Turkey, the main flashpoint in an escalating row between the EU and Ankara over how to deal with a new wave of migrants and refugees....

1754. Guards use tear gas to disperse hundreds of migrants at Greek-Turkish border

Guards on Greece’s northeastern land border with Turkey made “deterrent use” of tear gas to disperse some 500 refugees and migrants trying to enter the country and the European Union after Ankara loosened controls on migrant flows....

1755. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

1756. Cyprus' debt at €20.74 billion in end of 2019

1757. Greek PM meets with five EU leaders over bloc's budget

Greek Prime Minister Kyriakos Mitsotakis held talks in Brussels on Friday with the leaders of Germany Angela Merkel, France Emmanuel Macron, Spain Pedro Sanchez, Italy Giuseppe Conte and Portugal Antonio Costa in a bid to break a deadlock in negotiations for the European Union’s 2021-2027 budget....

1758. Summit standoff as EU leaders grapple with Brexit-sized hole in budget

EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion-euro (62.9 billion pounds) hole after Britain’s departure at a time when they face costly new challenges from climate change to migration....

1759. Jho Low reportedly spotted in Wuhan

Malaysian fugitive financier Jho Low, whose Cypriot passport came under scrutiny last year, has been spotted in China’s Wuhan, a city under lockdown due to the Coronavirus...

1760. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

1761. 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....

1762. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

1763. Cyprus gets tough on economic migrants

Cypriot Interior Minister Nicos Nouris says the government is determined to cut down on asylum and residence permit applications by blocking economic migrants from filing non-legitimate petitions...

1764. Teen girl hospitalized after night on the town

A thirteen-year-old girl was taken to hospital by her father after she consumed alcohol and had a firecracker accident at a public park in Limassol...

1765. Israeli investment announced for Larnaca port

Transport Minister Yiannis Karousos hinted at a deal with Israeli investors, saying they are ready to throw 1 billion at Larnaca’s port project...

1766. Cyprus 'golden passports' scheme a laundering risk, says watchdog

A European money laundering watchdog has cautioned that a secretive investment-for-passports programme run by Cyprus was vulnerable to money laundering and fraught with risk...

1767. 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....

1768. 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....

1769. President’s air travel under scrutiny

Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...

1770. Serious planning, not tough-guy posturing