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1171. Bankrupt Cyprus Mines saga continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

1172. 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...

1173. Cyprus fails to land UK’s green list

Tour operators are urging the British government to expand the number of countries for quarantine-free travel, after many popular destinations including Cyprus were left off the UK’s green list...

1174. 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...

1175. 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....

1176. Larnaca seafront’s last oil tank gone

A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...

1177. Cyprus tackles Russian Question as time flies

Thousands of cancelations from Russia to Cyprus in just a matter of hours are testing the island’s response to the health crisis, with companies pushing their programs later in the summer pending improvement on the pandemic front...

1178. 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...

1179. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...

1180. Cyprus mulling restrictions on AstraZeneca

Cyprus is considering restrictions similar to those adopted by Greece and the United Kingdom for the AstraZeneca vaccine, as European health authorities continue to investigate reports of rare blood clots linked to the shot...

1181. 2021 KPMG CEO Outlook Pulse Survey

1182. KPMG Cyprus announces partnership with EnergyIntel

KPMG in Cyprus and EnergyIntel have signed a partnership agreement for the provision of the innovative, energy-efficient solution, PayGreen...

1183. Cypriot minister thanks heavy metal band

Heavy metal band Sabaton got high praise from Cypriot Transport Minister Yiannis Karousos this week over the Swedish group’s running their merchandise operations on the island, with the group saying they had some tips to speed up deliveries...

1184. 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...

1185. Economic activity could resume by spring end, Anastasiades says

President Nicos Anastasiades said Wednesday that he was hopeful that economic activity could resume by the end of spring, given that no unpredicted developments arise on the part of pharmaceutical companies....

1186. 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....

1187. Reported House website hack was false alarm

The website of the House of Representatives in the Republic of Cyprus suffered a technical glitch on Monday, the innovation commissioner says, following reports in Greek Cypriot media that a foreign hacker had targeted the website...

1188. Police probe suspicious rapid test invoices

Police are investigating allegations of fraud after suspicions emerged that a private company was claiming payments for rapid tests that never took place...

1189. Over half of Cyprus population to get jab by June

By June, over 60% of Cyprus’ adult population wishing to the coronavirus jab will be vaccinated, the deputy head of the state health services Dr Olga Kalakouta said....

1190. EU regulator approves Johnson & Johnson’s one-shot jab

The European Medicines Agency has authorized Johnson & Johnson’s one-dose Covid-19 shot, giving the European Union a fourth licensed vaccine to fight the pandemic as its vaccination drive continues to proceed much more slowly than hoped. ...

1191. Health Minister consults experts before Friday's measures announcement

The Health Minister consulted the government’s health advisory committee on Thursday for an evaluation of the island’s coronavirus situation before the Cabinet is set to take final decisions on Friday on whether we’ll be moving forwards or backwards....

1192. Cyprus-Israel gas dispute deferred to firms

Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils...

1193. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....

1194. Peter Piot: Vaccination passports a one-way street

Professor Peter Piot, advisor to the Commission President, speaks to ‘K’...

1195. EU leaders seek to inject energy into slow vaccine rollout

European Union leaders are gathering Thursday to try to inject new energy into the bloc’s lagging coronavirus vaccination efforts as concern mounts that new variants might spread faster than authorities can adapt....

1196. 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...

1197. Livadia residents upset over 5G antennas

Local residents in Larnaca district have been mounting a campaign against the installation of a 5G antenna on the rooftop of a supermarket, accusing the telecommunications company of acting illegally...

1198. Cyprus wages battle for air connectivity

Two Cypriot ministers have joined forces this week to call on the EU’s Competition commissioner to allow more state subsidies for airlines amid the pandemic, citing improvements in scheme criteria but also the remoteness of the island...

1199. Minister grilled over digital ID bill

Recent discussion on electronic signatures has reintroduced persistent challenges in the digital ID debate, with Cyprus’ innovation minister facing tough questions this week during a House committee hearing...

1200. Focus shifts to worsening Limassol epidemiological situation

The local epidemiological situation, and particularly the deteriorating conditions marking the Limassol district, were at the centre of discussions between the health minister Constantinos Ioannou, the government’s health advisory committee, and the contact tracing team on Monday....