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1351. 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...

1352. Greek Easter relaxation hopes put to rest

Cyprus’ current epidemiological situation is behind the government’s latest decision to freeze possible relaxation of restrictions ahead of Greek Orthodox Easter, with the administration focusing on vaccinations but also not ruling out further measures...

1353. S7 looking to drop Cyprus Airways

The future of Cyprus Airways is once again up in the air following reports that its Russian private shareholder S7 is looking to sell its entire stake in the Larnaca-based Charlie Airlines...

1354. 2021 KPMG CEO Outlook Pulse Survey

1355. Cyprus celebrates Greek Independence

City officials in Nicosia are joining celebrations around the world to mark 200 years from the start of the Greek War of Independence, with a light show and a flag display set to adorn the southern part of the divided capital for the next three days...

1356. President warns of tougher measures

Cypriot President Nicos Anastasiades addressed the nation on Tuesday, two days after hundreds of carnival enthusiasts violated protocols in Limassol, with the commander in chief warning of tougher measures if people did not shape up...

1357. Govt meets extension of restrictions with new support measures

Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures....

1358. EastMed pipeline could be ready in five years

The EastMed pipeline could be in place in five years, Israeli Minister of National Infrastructure, Energy and Water Resources, Yuval Steinitz, has told the Cyprus News Agency (CNA), describing it as an extremely important project....

1359. 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....

1360. 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....

1361. Cyprus expects full vaccine coverage by early October

The Health Ministry’s vaccine strategy foresees the vaccination process to be completed by the end of September or early October, the acting director of the Cyprus nursing services administration Evagors Tampouris said Thursday....

1362. Cyprus to push for help from Brussels on migration issue

The Republic of Cyprus will make its case to Brussels and other international fora, both at the political and technocratic level, over migratory pressure and the need for assistance. ...

1363. Yiolitis says police did not have orders to exert violence

Justice Minister Emily Yiolitis said Monday that police did not have instructions to use brutal violence against protestors in Nicosia on Saturday, though critical MPs stress that it is obvious that the police response was decided in advance with those responsible avoiding responsibility....

1364. Cyprus, Greece, Egypt FMs call for federal Cyprob solution

The Foreign Ministers of Greece, Egypt and Cyprus signed a joint statement in support for a Cyprus solution on the basis of a bizonal bicommunal federation, in accordance with international law, the relevant UN Security Council Resolutions, and in line with the European acquis....

1365. US against two-state deal on Cyprus, Heather A. Conley tells Kathimerini

Heather A. Conley is no stranger to Greece as she has made a point of visiting the country every year and also participated in the 2019 Delphi Forum – the last that actually took place in Delphi. A Washington veteran, she is senior vice president for Europe, Eurasia and the Arctic and director of the Europe, Russia and Eurasia Program at the Center for Strategic and International Studies (CSIS)....

1366. When the lights of the Palace begin to dim

The testimonies of 2013, say that in those critical days of the savings levy, there was a crowd of people on the hill of the presidential palace....

1367. 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...

1368. The hidden world of soil and why we need to protect it

In the wake of the climate crisis over the last decades, we all talk about the state of the air we breathe and the quality of our water; both undoubtedly invaluable and essential to all life forms. However, we very often forget another key player; the part of Earth right under our feet, the soil....

1369. KPMG unveils Impact Plan: shares progress against newly created Stakeholder Capitalism Metrics

KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...

1370. 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....

1371. Cyprus ranks fifth in pandemic management study

Cyprus ranked fifth in a Covid Performance Index published Thursday by the Lowy Institute, an Australian think tank, which ranked almost 100 countries for their successful handling of the coronavirus pandemic, with Britain and America near the bottom of the pile....

1372. 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...

1373. Cypriot FM visits Gulf before US inauguration

Cypriot Foreign Minister Nikos Christodoulides flew to the United Arab Emirates on Monday to hold a private meeting with his counterpart, days after the two countries signed a military cooperation agreement but also days before a changing of the guard in Washington could spell trouble for US arms sales to Gulf states...

1374. SMS system returns as Cyprus enters three-week lockdown

Cyprus Health Minister Constantinos Ioannou announced the new restrictions agreed upon by the Cabinet on Friday, which include a clampdown on unnecessary movements, and social and professional gatherings....

1375. Britain and EU publish Brexit trade agreement

Britain and the European Union on Saturday published the text of a narrow trade agreement just five days before the United Kingdom exits one of the world’s biggest trading blocs in its most momentous global shift since the loss of empire ...

1376. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

1377. EY Cyprus sponsors 3rd Anti-Fraud Conference

EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...

1378. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

1379. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...

1380. Anastasiades participates in prep meeting ahead of EUCO

With the European Council coming up next Wednesday and Thursday, President Nicos Anastasiades participated in a preparatory videoconference hosted by European Council President Charles Michel to discuss issues on the agenda, which is also expected to include a discussion of the potential imposition of sectoral sanctions against Turkey....