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961. Greece mounts ‘superhuman efforts’ in multiple fronts

Thousands of people have fled their homes on the Greek island of Evia as wildfires burned uncontrolled for a sixth day on Sunday, and ferries were on standby for more evacuations after taking many to safety by sea...

962. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

963. Cyprus targets young adults with alms for jabs

The Cypriot government is expected soon to announce incentives that would encourage young people to get vaccinated, while subsidized hotel stays for those who got the jab begin later this week...

964. Policing Safe Pass put to the test

An incident in broad daylight in Nicosia has raised questions over the latest use of Safe Pass, with police keeping quiet about reports of a downtown arrest and some business owners refusing to check documents at the door...

965. Cyprus cases just shy of quadruple digits

An unprecedented surge in covid cases in the middle of the summer has prompted officials in the Republic of Cyprus to seek more scientific guidance after new daily infections reached 993 on Thursday....

966. Government responds to fire with €6 million aid

The Republic of Cyprus has announced €6 million in financial aid for villages affected by a deadly fire, including compensation to the families of victims, with the government clarifying that illegal or uninsured structures would not be an issue...

967. Cyprus raises bar for sake of normality

The President’s Cabinet in the Republic of Cyprus has added a few finishing touches on its latest Safe Pass measures as daily COVID cases continue to rise, with the government allowing more flexibility for businesses willing to cater to people who are vaccinated...

968. Cyprus rolls out ‘jab discount’ for hotel stays

Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...

969. Cyprus readies gratitude gift bag for vaccinated

New measures to reward vaccinated citizens in the Republic of Cyprus are to be decided in a Cabinet meeting on Friday following a sevenfold increase in daily COVID cases, with the government seeking ways to punish those who refuse to get the jab...

970. Cyprus to try hand at luxury camping

Cyprus’s tourism minister says there is great interest in Cyprus becoming a “glamping” destination, but laws need to be amended as luxury camping, a crossover between campgrounds and hotels, is not currently regulated in the Republic...

971. Cyprus lifts curfew as nightclubs open

The government of the Republic of Cyprus lifted a night curfew on Thursday as further relaxations of pandemic measures kicked in, including the opening of nightclubs based on last-minute protocols...

972. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

973. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

974. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

975. KPMG and CIM offer 2 scholarships

KPMG in Cyprus and the Cyprus Institute of Marketing – The Cyprus Business School (CIM) offer for third consecutive year the opportunity to two fellow citizens to acquire an undergraduate or a postgraduate degree...

976. Advisory Services to the Cyprus Cancer Research Institute

KPMG in Cyprus will offer pro-bono Advisory Services to the Cyprus Cancer Research Institute (CCRI). Based on the partnership, the scope of services relates to the overall design of the Institute’s operational processes...

977. Threedium sets sights on US market: A Cyprus Success Story in the Making

In April of 2017, five ambitious tech enthusiasts fresh out of university, of whom two were Cypriot, had a vision: to bridge the gap between online and in-store experiences by building a solution that would help customers better understand and evaluate the products they were browsing to buy...

978. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

979. CoronaPass tricky for some COVID survivors

People and businesses in the Republic of Cyprus were still waiting Friday for an official decree after Cabinet approval for a controversial CoronaPass, but COVID survivors with antibodies could have a hard time proving immunity after the health ministry said it would not accept self-test or home kits...

980. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...

981. Cabinet favors return to pre-lockdown rules

Government and health advisors in the Republic of Cyprus are looking into the possibility of returning to pre-lockdown measures against COVID-19, but surprises are not ruled out during a week of many unknowns...

982. 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....

983. Cabinet split as measures gain on lockdown

The Cabinet is set to announce later on Friday a new set of measures to curb the COVID-19 spread in the community, as daily cases continue to rise with a situation in hospitals extremely alarming...

984. 2021 KPMG CEO Outlook Pulse Survey

985. Health Ministry announces 601 cases

The Health Ministry announced 601 cases on Thursday, raising total cases detected so far to 50,589....

986. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

987. How can digital government connect citizens without leaving the disconnected behind?

Governments should focus on inclusive digitalisation by improving digital literacy and promoting virtual interaction, and this could be achieved by providing digital resources like laptops and tablets in order to get people online and run programs to improve the digital skills...

988. 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...

989. Health Ministry announces 364 new cases

The Health Ministry announced 364 coronavirus cases on Thursday, raising total cases detected so far to 41,475....

990. Health Ministry announces one death, 475 cases

The Health Ministry announced 475 coronavirus cases and one fatality on Tuesday, raising total cases detected so far to 40,344 and the death toll to 241....