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571. Coronavirus picture remains positive as island braces for phase two

Cyprus maintained its streak of minimal new coronavirus cases on Tuesday, as just one new case was announced two days before the initiation of the second phase of the relaxation of measures that will see restrictions on movement lifted....

572. Cyprus all set to receive tourists from June 15

The Deputy Tourism Ministry is all set to open the Cyprus tourism market as of June 15....

573. Outdoor areas of restaurants, cafes to open Thursday

With the second phase of the easing of restriction measures set to be launched on Thursday, the Health Ministry clarified the food and beverage businesses we can expect to open their doors to the public....

574. EU unveils guidelines for travel, tourism

The European Commission unveiled a series of measures aimed at ensuring people can start traveling safely across the continent again as governments try to revive tourism and airline industries brought to a halt by the coronavirus....

575. Companies in Cyprus ready for the new norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

576. New rules issued for food and beverage establishments

With all restrictions on movement to be scrapped on May 21, when gatherings of groups of up 10 people will be permitted, the Health Ministry on Monday issued new instructions for cafes, restaurants and bars....

577. Minister keeps bus drivers on their toes

Transport Minister Yiannis karousos made an unannounced visit to a bus transit location on Friday to experience firsthand the implementation of public health guidelines...

578. Lifting restrictions signal progress, but concerns high over relapse

Health Minister Constantinos Ioannou said Wednesday that with the island moving toward recovering from the coronavirus outbreak, the gradual lifting of measures set to begin next week is a testament of the progress being made, but it also a source of intense concern over a potential relapse....

579. More Cypriots ditch cash during pandemic

Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show ...

580. EU governments risk clash with EU exec in bid to save tourism season

European Union governments risk a clash with the EU executive arm over their support for travel firms issuing vouchers for cancelled holiday deals without giving customers the option of cash refunds as required by EU law, diplomats said....

581. Expert tells shoppers 'no need for testing'

A local health expert tells consumers there is no need to rush and get tested if they shopped at a supermarket where an employee tested positive for the coronavirus...

582. Sustainability the key word in approach against COVID-19, says Swedish Ambassador

Sweden’s Ambassador in Nicosia Anders Hagelberg has spoken of the need for a sustainable approach as regards dealing with the COVID-19 outbreak and has noted that one cannot compare the measures taken in different countries, as each one has different social and family structures in place....

583. Sports betting industry crushed by coronavirus

OPAP, Europe’s fourth-biggest betting business, has had almost all its revenue wiped out following the coronavirus pandemic lockdown measures in Greece and Cyprus, after casino operations in the Republic came to a grinding halt...

584. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

585. Cyprus gets tougher with stricter bundle of measures

Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....

586. New decree enforces ban on car sales, exempts certain groups from movement ban

587. Now is the time for remote and online payments

For more than 30 years, JCC has been supporting businesses and the financial services sector in Cyprus, guided by the central premise of security and reliability in every type of service JCC has been providing...

588. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

589. Infected cabbie’s grandson tests negative

A young child has been hospitalized in Nicosia after coming in contact with his grandfather, a taxicab driver in Paphos who tested positive for the coronavirus...

590. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

591. Bank of Cyprus 'Best Bank for Private Banking'

Bank of Cyprus has been named as the “Best Bank for Private Banking” in Cyprus by the internationally reputable magazine “Euromoney”, for the 5th consecutive year...

592. Α defeat in the Cyprus Courts for Promsvyazbank

Clients of the Russian bank Promsvyazbank, which maintained a branch in Cyprus until the Central Bank revoked its license, won a small victory over the bank by bringing the case to court in Cyprus...

593. Teen girl hospitalized after night on the town

A thirteen-year-old girl was taken to hospital by her father after she consumed alcohol and had a firecracker accident at a public park in Limassol...

594. Banks must find new profitable products, CBC Governor says

The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....

595. Woman gets seven years in white collar crime

A former employee at a credit union in eastern Nicosia has been sentenced to seven years in prison for financial crimes worth over half a million...

596. Limassol’s trade enabler gets new CEO

The appointment of a new CEO at DP World Limassol is expected to give the company a new impetus, after a year of investing and upgrading infrastructure and equipment...

597. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

598. GCC achieves high Customer Satisfaction

599. Thousands of Greek cards to be replaced in travel website data breach

Greece’s four systemic banks have canceled or are planning to cancel and replace up to 15,000 credit and debit cards, after the payment card data used by some of their customers on a Greek online tourist services portal was hacked....

600. Arrested woman linked to armed robbery

A broken cell phone ended up linking a foreign woman, who was arrested Monday on theft charges, to another crime that took place ten years ag...