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631. Pandemic: New Year's Eve under consideration

Experts are preparing for a difficult winter, what remains of it that is, due to the manifestation of the aggressive Omicron mutation. Like other European countries, Cyprus is experiencing a difficult period, a few days before the new year. ...

632. 65% of bookings in the hospitality sector were canceled during the holidays

Measures imposed to deal with the Covid-19 pandemic affected traffic in the hospitality sector throughout Cyprus during the holidays. ...

633. Loan restructurings in the Cyprus reached almost €2 billion due to Covid

Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....

634. Safe pass arrest sheds light on giant loophole

A man at a local store in Limassol was arrested on Wednesday after police officers who asked to inspect his Safe Pass determined the document did not match his ID card, but not everyone is on the same page regarding secondary inspections at the door...

635. EU sets nine-month validity of Covid-19 travel pass

The European Commission on Tuesday adopted rules that will make the European Union Covid-19 certificate valid for travel nine months...

636. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

637. Restaurants shut doors over 'pandemic discrimination'

Many restaurant owners in the Republic of Cyprus are closing their doors to all dine-in customers to protest new government measures that exclude unvaccinated clientele...

638. East Med is ‘not a Turkish sea,’ president of French Senate tells Kathimerini

The East Mediterranean is not a Turkish sea and interoperability between the French and Greek armed forces is a factor that brings stability to the region...

639. Moves to make banking faster

As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...

640. Eleftheria square - beautiful, dazzling and ready for the holidays

The President of the Republic characterized Eleftherias Square as an important upgrade project of the capital as well as an architectural reference point during its inauguration ceremony last Friday, the 10th of December....

641. Cyprus to proceed with a tax reform in 2022

Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....

642. Mammoth 1.3 Billion euro fine to Amazon

Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe....

643. Germany: Man kills himself, his wife and 3 children in apparent murder-suicide

A man who killed his wife and three young children before taking his own life had faked a vaccination certificate and feared his children would be taken away from him when the forgery was discovered, a German prosecutor said on Tuesday....

644. K. Treppides & Co Ltd: Social Media and Investment Recommendations

It is commonly accepted that social media play a defining role in almost every aspect of our everyday life. ...

645. Nicosia's beautiful facelift

I will start with a prediction: The center of Nicosia will attract huge investments in real estate within the next five years....

646. EU parliament demands new rules to support legal labor migration

Proposals to ease legal labour migration to Europe are needed by the end of January 2022, to overcome the challenge of an ageing population and of skills shortages, according to a press release sent by the European Parliament office....

647. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....

648. Actualizing the ESG proposition The journey towards sustainability, resilience and purpose

649. Reduction of electricity VAT from 19% to 9%

Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...

650. Digital CovScan will be mandatory by the 22nd of November

Following the decision of the Council of Ministers to carry out SafePass checks through the CovScan Cyprus application, the Ministry of Health is reminding the public that the use of the application becomes mandatory from Monday, November 22, onwards....

651. The association of retail companies requests exemptions to CovScan

Following the ruckus in retail businesses during the first days of the CovScan check, companies continue to document problematic issues arising from the verification requirement. ...

652. Supermarkets disagree with CovScan and ask for instructions

Supermarket owners are asking the Minister of Health for instructions on how to implement CovScan, but they are underlining their opposition to this measure and the adoption of any additional measures to support its implementation....

653. Bilateral agreements needed for the repatriation of migrants

DISY President Averof Neophytou said on Wednesday that Cyprus should speed up bilateral repatriation agreements with countries in order to ensure public safety....

654. Retailers furious over CovScan’s glitchy start

A controversial android app pushed by the government to help businesses authenticate Safe Pass holders had a rough first day on Monday, with retailers upset over reported failures ranging from vaccinated documents being flagged as invalid to two different devices scanning the same QR code but giving different results...

655. CovScan Cyprus starts running on trial basis

Door greeters at supermarkets started using the android app CovScan on Monday to verify the authenticity of their customers’ Safe Pass documents, but the program will run on a trial basis for two weeks following criticism that consumers and businesses had little time to prepare...

656. CovScan Cyprus mandatory but questions remain

Door greeters at supermarkets and other businesses will have to use an android app when checking Safe Pass, according to a Cabinet decision, but the policy going into effect on Monday has left many questions unanswered with citizens calling even pharmacies to get the latest scoop...

657. Latvia declares state of emergency due to explosive spread of the coronavirus

Authorities in Latvia have declared a state of emergency for three months due to the resurgence of record-breaking new coronavirus infections, while COVID-19 vaccination rates remain among the lowest in the European Union. ...

658. Cyprus’ civil service secret out in the open

Thousands of civil servants have been found to run private businesses or direct companies without permission from the state, with officials calling on violators to comply with the law and some politicians calling for an investigation into possible conflicts of interest...

659. Announcement of Appointment of Directors & Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

660. Less red tape for asylum seekers but no new options

Labor minister Zeta Emilianidou says her office has simplified paperwork for the hiring of asylum seekers, but the country's chamber of commerce says cutting red tape and shuffling less paper does not solve staff shortages in fields that are still inaccessible to those applicants...