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421. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

422. Staff shortages lead to travel chaos at European airports

Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....

423. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

424. Cyprus grieves over loss of beloved minister

Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...

425. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

426. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

427. Cyprus to bring back bicycle patrols

Deputy Minister for Tourism, Savvas Perdios said on Friday the Ministry intends to re-launch the Tourist Police, a project involving bicycle patrols by police officers in tourist areas. The idea originally started back in 2019 but was put on hold due to the Covid-19 pandemic....

428. Eight new deaths from COVID in the past week

Eight deaths and 1,814 new COVID-19 cases were recorded between May 27 and June 3, Cyprus’ Health Ministry said on Friday....

429. Global IPO market experiences significant slowdown in Q1 2022

430. Mask-wearing man robs bank in Larnaca

A man wearing a COVID mask is believed to have robbed a bank in Larnaca district on Wednesday, the first official day when face coverings are no longer required in the Repubic...

431. Masks no longer required indoors or outdoors as of today, June 1st

As of today, the use of protective masks in indoor and outdoor areas will not be obligatory. Moreover, all Covid-related measures will be lifted in ports and airports in the Republic of Cyprus....

432. Superyacht in Ayia Napa highlights tourism makeover

A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...

433. Masks no longer required in indoor spaces as of June 1st

Masks will no longer be required in indoor spaces as of June 1st, according to an announcement today from the Ministry of Health....

434. Health Minister to propose lifting of indoor mask requirement as of June 1st

Health Minister Michalis Hadjipantela is expected to present a proposal to the Council of Ministers on Friday regarding the lifting of the face mask requirement indoors, with the exception of high-risk premises such as closed structures, homes for the elderly and other centers hosting vulnerable people, according to sources from the Ministry of Health....

435. Pro-vax dad wins appeal against anti-vax mom

An appeals panel in the Republic of Cyprus has ruled that a district judge was wrong in siding with the mother of two teenage girls, whose father had sought a court order to get the girls vaccinated for coronavirus over mom’s objection...

436. Majority of scientists in Cyprus in favor of suspending indoor mask requirement

Scientists in Cyprus favor suspending the requirement to wear face masks in indoor areas, except in high-risk areas such as hospitals and closed structures, according to the Ministry of Health....

437. Cyprus expects more than two million tourist arrivals this year

Cyprus aims at attracting more than two million tourist arrivals this year, Deputy Minister for Tourism Savvas Perdios has said....

438. Cyprus prepares action plan for Monkeypox

Health authorities are drafting a response plan for a possible outbreak of monkeypox in Cyprus, including a vaccination rollout....

439. Four-day workweek being piloted in Cyprus

A four-day workweek is being piloted in the Republic of Cyprus, with a big accounting firm on the island testing the waters of better work-life balance this summer...

440. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

441. A new billionaire nearly every day during the pandemic

Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. ...

442. Biden praises Greek position over war in Ukraine

US President Joe Biden has thanked Greek Prime Minister Kyriakos Mitsotakis for Athens’ 'moral leadership' following the Russian invasion in Ukraine in late February...

443. The mandatory use of masks will soon be abolished

Minister of Health Michalis Hatjipantela sees a summer without health restrictions. In his interview with KATHIMERINI on Sunday, the Minister of Health said that the summer should go by without problems or restrictions if no new variants of the Omicron mutation appear....

444. Alarming rise in hospital infections

Scientists are sounding the alarm over the rise in nosocomial or hospital-acquired infections by multidrug-resistant germs, a major public health problem that has been overshadowed by the pandemic over the last two years....

445. Masks still mandatory in indoor spaces in Cyprus, including airports

The use of a mask to protect against the spread of COVID-19 is still mandatory in all indoor and closed areas, the Ministry of Health said Monday....

446. Marcos myths lift dictator’s son to power in Philippines

A video posted in 2020 on YouTube claims the French astrologer Nostradamus predicted the outcome of this week’s presidential election in the Philippines....

447. EU: Masks at airports and planes no longer mandatory

Passengers traveling by plane in Europe from next week should no longer be required to wear a mask on their flight or at an airport, according to guidance issued Wednesday by the European Centre for Disease Prevention and Control (ECDC) and the European Union’s Aviation Safety Agency (EASA)....

448. Minister announces the end of Safepass

The Minister of Health announced this morning the additional easing of measures, one of which includes the abolition of the requirement to present a Safepass in additional venues....

449. Proposal to abolish Safe pass to be submitted to Cabinet tomorrow

A proposal to lift safe pass checks will be submitted this coming Tuesday during the weekly Cabinet meeting. According to Health Minister, Michalis Hadjipantelas, experts will recommend the abolition of safe the safe pass since the numbers of Covid positive cases and hospitalizations are decreasing on a daily basis....

450. EU parliament votes to keep EU Digital COVID Certificate in place until June next year

The Parliament of the European Union has given the green light to the Member States to keep the EU Digital COVID Certificate in place until June next year....