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1321. 2021 KPMG CEO Outlook Pulse Survey

1322. 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...

1323. 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...

1324. 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...

1325. 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....

1326. 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....

1327. 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...

1328. 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...

1329. 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....

1330. 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. ...

1331. 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....

1332. 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...

1333. 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....

1334. Peter Piot: Vaccination passports a one-way street

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

1335. 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....

1336. 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...

1337. 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...

1338. 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...

1339. 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...

1340. 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....

1341. Health commissioner’s Nicosia home staked out

Greek Cypriot news sites on Sunday picked up a story on EU Commissioner Stella Kyriakides, following reports of a media stake out at the health chief’s Nicosia residence amid fierce criticism over vaccine delays...

1342. Emails from Cyprus connect dots on Jho Low

New information published by OCCRP suggests that Henley & Partners identified Jho Low as a high-risk client but worked with him anyway through a Cypriot company to get him a golden passport...

1343. President blames CIP failure on recklessness

Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...

1344. Anastasiades takes the stand in passports probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

1345. Ferry link hopes end with a whimper

Shipping transport companies remained unconvinced over Cyprus’ effort to revive and subsidize a ferry link with Greece, with the government going back to the drawing board after no bidders came forward by Friday’s deadline...

1346. Policy priorities unaffected by pandemic, FinMin says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

1347. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

1348. EU scrambles for supply amid vaccine clatter

Cypriot EU Commissioner Stella Kyriakides says AstraZeneca’s revised schedule for delivering fewer doses of the COVID-19 vaccine in coming weeks is “not acceptable” while the European Ombudsman embarks on an investigation into vaccine contracts...

1349. Slow vaccine rollout affecting Cyprus strategy, President tells EU leaders

President Nicos Anastasiades briefed EU leaders in a videoconference on Thursday evening on the problems Cyprus is facing due to the slow rollout of coronavirus vaccines mainly brought about by the production delays of pharmaceutical companies supplying jabs for the EU....

1350. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...