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1861. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1862. Cyprus stays calm as virus unknowns remain

Biontech says it is confident its COVID-19 vaccine expected within days in Cyprus would remain effective against a variant that has been spreading in Britain, but questions still remain over the effectiveness of the vaccine as mutations continue to spread...

1863. Nicosia takes lead in number of new coronavirus cases

Over half of the new coronavirus cases detected during the first two weeks of December were Nicosia-based, the new national surveillance report published Friday showed, while December has already broken the record in the highest numbers of coronavirus fatalities in any given month....

1864. 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...

1865. Cyprus to begin vaccinations on December 27

Vaccinations in Cyprus will begin in unison with other EU member states on December 27 following approval by the European Medicines Agency (EMA)....

1866. Milwaukee bridge lit in colors of Greek flag

Milwaukee’s Hoan Bridge was lit blue-and-white, the colors of the Greek flag, for a few hours on Tuesday evening in celebration of Giannis Antetokounmpo’s signing a five-year supermax extension with the local NBA team, the Milwaukee Bucks...

1867. Tornado leaves some 15 homes in Nicosia outskirts uninhabitable

Visiting the site of the tornado that blew through Nikitari in the suburbs of Nicosia, Interior Minister Nicos Nouris said that thankfully “there were no human casualties,” adding that families whose homes were severely affected will receive a €2,000 grant to make do for the holiday period. ...

1868. Dendias warns against appeasing Turkey

Greek Foreign Minister Nikos Dendias says the European Union should have shown more determination in taking decisions regarding Turkey, breaking ranks with Cyprus’ president who said he was fully satisfied with EC conclusions...

1869. COVID-19 to disrupt holiday shopping plans

1870. EU, Greece sign agreement for new migrant center on Lesvos

The European Commission on Thursday signed a memorandum outlining a detailed plan agreed by Greek authorities and EU agencies to establish a new, up-to-standard reception center on the island of Lesvos by early September 2021. This is a key step in resolving the situation following the fires that destroyed the Moria camp in September. It is the result of the work of European Taskforce that was created at that time....

1871. President says anti-corruption measures to be announced by year's end

The new anti-corruption measures will be announced to the public before the end of the year, President Nicos Anastasiades said Wednesday, noting that the delay is due to the government’s efforts to take into account the suggestions of all stakeholders....

1872. New coronavirus call centre launched

A new call centre was launched to provide support and information on all issues related to the local coronavirus pandemic and rules in place....

1873. Lute in Cyprus to test the waters for new CyProb process

The UN Secretary General’s special envoy, Jane Holl Lute, met with the head of the UN peacekeeping force in Cyprus, Elizabeth Spehar, in Nicosia on Monday morning, ahead of the separate meetings with the island’s two leaders scheduled for Tuesday....

1874. Turkish-Cypriot leader insists on two-state solution

In a Kathimerini interview a month after becoming the leader of the Turkish-Cypriot community, Ersin Tatar reiterated his opposition to a bizonal, bicommunal solution for Cyprus, insisting on a two-state model and calling for “a border adjustment” between the two sides....

1875. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

1876. Customised solutions: Our expertise can help the hotel sector recover

APC Audit Tax Advisory Ltd and CITR Cyprus Ltd, have decided to join forces to offer a complete package of services to Cypriot Hoteliers, which will contain the vital innovative and customized solutions that are necessary, in order to properly deal with the evolving pandemic...

1877. Parliament passes bills tackling sexism, bullying at schools

The Cyprus parliament on Thursday passed three bills that establish a legislative framework criminalizing sexism and one law that seeks to tackle bullying and intimidation at schools. ...

1878. EU says first virus vaccinations possible by Christmas

A top European Union official said Wednesday that the first citizens in the 27 nation bloc could be vaccinated against the coronavirus by Christmas, but she warned that member countries must urgently prepare their logistical chains for the rollout of hundreds of millions of doses of the vaccines....

1879. EU reaches deal with Moderna on Covid-19 vaccine supply

The European Union has reached a deal with US biotech firm Moderna for the supply of its Covid-19 vaccine candidate, an EU official told Reuters on Tuesday....

1880. EU could pay over $10 billion for Pfizer and CureVac vaccines

The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks told Reuters....

1881. Coronavirus report shows Nicosia, Larnaca situation deteriorating

A new national surveillance report published and presented on Friday by the government’s health advisory committee showed Limassol and Paphos are making epidemiological progress, but Nicosia and Larnaca are presenting higher rates of coronavirus transmission. ...

1882. Council of Europe report critical of Greece's migrant pushbacks, detention conditions

A Council of Europe report, released Thursday, calls on Greece to stop pushbacks of migrants and calls out the country on the conditions in several migrant detention centers....

1883. Israeli medical complex coming to Cyprus

A huge undertaking in Cyprus’ medical industry has been announced, with a local company saying they reached an agreement with Israel’s Hadassah Medical to set up a network of hospitals offering diagnostic, rehabilitative, and assisted living care on the island...

1884. Man jailed in fake marriage manslaughter

A man has been sentenced to 15 years in prison on manslaughter charges in connection with a fake marriage deal gone wrong, while his girlfriend also did time for withholding information from police...

1885. FBI offers deal to 'Cypriot hacker'

A young man known as the “Cypriot hacker” who was flown to the United States last summer to face trial, may have a deal after all, with reports saying Joshua Polloso Epifaniou is ready to enter a plea but it is unclear if he would need to do jail time halfway around the world...

1886. Obama offers piece of the puzzle in Greek debt crisis

Apart from providing key insights into a special (in many respects) presidency, Barack Obama’s memoir contains some very interesting references to the Greek debt crisis and the way in which the major European powers chose to deal with the situation....

1887. Al Jazeera turns attention to Jho Low

Cypriot-naturalized citizen Jho Low, the Malaysian fugitive financier whose golden passports came under scrutiny last year, was back in the news this week after Al Jazeera published a video with actual voice recordings of 'the biggest fish' seeking a way out of the 1MDB colossal scandal...

1888. Larnaca gearing up with flood prevention systems

Four meteorological stations were set up in Larnaca this year for better monitoring of the weather, allowing for more effective flood prevention...

1889. Limassol on fire again amid lockdown protests

There were battlefield scenes in Limassol once again as residents took to the streets to demonstrate against lockdown measures, with riot police stepping in after hard core protesters caused chaos downtown...

1890. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....