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2131. COVID-19 is adding new impetus to finance transformation

2132. Experts mulling methodology of lockdown relaxations

Any relaxations to current restriction measures that are expected at the end of the month should be gradual and targeted, member of the government’s coronavirus advisory committee, Dr Maria Koliou, told the Cyprus News Agency on Tuesday....

2133. Paphos wipes out Ottoman street name

The city council in Paphos has voted to rename Talaat Pasha street, after examining a request representing interests within the Armenian community...

2134. Reporters to sit in on golden passport hearings

A number of reporters will be allowed from now on to attend ongoing probe hearings into alleged corruption in connection with Cyprus’ disgraced Citizenship by Investment Programme, with journalists being asked to commit in advance not to breach data privacy laws...

2135. Supreme Court takes on Twitter parody case

A woman whose house in Larnaca was raided by police officers, following a complaint by Justice Minister Emily Yiolitis over a parody account on Twitter, is taking her case to the Supreme Court, with her lawyers arguing police performed an illegal search...

2136. The chaos of the pandemic in the north

The coronavirus pandemic is continuing to affect the north against the backdrop of broad political and economic insecurity, with the recent manoeuvres of the Ersan Saner ‘government’ raising questions as to the ability of the Turkish Cypriot leadership to effectively address the pandemic....

2137. 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...

2138. Borrell reiterates criticism of Turkey over Varosha

EU foreign policy chief Josep Borrell has reiterated criticism of Turkey’s decision to reopen part of the beachfront of Varosha, a resort abandoned since Turkey invaded Cyprus in 1974....

2139. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

2140. Top editor quits over Anastasiades claim

A renowned journalist and editor-in-chief at Kathimerini Cyprus has resigned his post amid backlash from a piece he wrote on Sunday, where he claimed Cypriot President Nicos Anastasiades let slip information that he had been flying millions generated from golden passports to the Seychelles on private flights...

2141. Cyprus puts national minimum wage on hold until full employment

The Cyprus government will launch a social dialogue for the implementation of the national minimum wage when full employment is reached, namely when unemployment is around 5%....

2142. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

2143. Turkey and Greece to resume talks

Turkey and Greece will resume talks aimed at reducing tensions between the neighbors on Jan. 25, Turkish and Greek officials announced Monday, following this summer’s dispute over maritime borders and energy rights in the eastern Mediterranean...

2144. 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....

2145. Cyprus, Portugal agree to take ties to next level

Cyprus Foreign Minister Nikos Christodoulides paid an official visit to Portugal’s capital on Thursday for a tête-à-tête with his Portuguese counterpart Augusto Santos Silva on the occasion of Portugal’s assumption of the presidency of the Council of the European Union on January 1....

2146. Officials in the dark over mutation spread

Health officials in the Republic of Cyprus say the new strain of coronavirus, found initially in the UK and confirmed on the island last week, has spread in the community but an accurate picture of the problem remained unclear due to only a very small sample size being tested...

2147. Cyprus holds turned thumb over lockdown

Cyprus’ lockdown stance continued to remain unclear following a special meeting between experts and the health minister, with the government hinting thumbs down for a new lockdown citing economic reasons but also thumbs up for stricter measures after hospitalizations reached dangerous levels...

2148. Dherynia rioter gets suspended sentence

A local judge in Famagusta handed down a 90-day suspended sentence to a man who pleaded guilty to rioting charges in connection with an incident at Dherynia checkpoint, while eight others await trial after pleading not guilty...

2149. Kalogerou probe fails to impress opposition

The chair of the ad hoc committee that looked into allegations of wrongdoing last year as Cyprus’ golden passports scandal was unfolding defended the choice to go after high profile cases, following criticism from opposition parties that say the focus was too narrow...

2150. Cyprus won’t extradite Russian woman with MG

The Supreme Court in the Republic of Cyprus has refused to extradite a Russian woman citing her health condition, saying Moscow failed to convince local authorities that the individual would not face mistreatment if she would be extradited...

2151. All education levels revert to distance learning

Primary, middle, and high school won’t be returning to school classrooms on January 7, as the Education Ministry announced Tuesday that the school year will resume via distance learning....

2152. Cabinet agrees on plastic bag ban at sales points

The Cabinet on Tuesday agreed on a blanket ban on thin plastic bags at points of sale, with the decision to come into force once passed by the House plenum....

2153. Cabinet narrowly waters down measures

The President’s Cabinet has decided to extend measures throughout the winter holidays with only slight deviations on special days, noting recent developments did not allow a further lift of restrictions aimed at combating the spread of the coronavirus...

2154. Cyprus remains an attractive investment destination

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

2155. Parents cry foul over quarantine decision

Parents of Cypriot students in the UK protested against the government’s latest quarantine measures, saying their children were not given a heads up to decide whether to travel and isolate in a hotel or stay put over the holidays...

2156. 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...

2157. EU regulator gives conditional approval to Covid-19 vaccine

The European Medicines Agency says an expert committee has recommended conditional approval for a coronavirus vaccine developed by BioNTech and Pfizer to be used across the European Union, weeks after the shot was first granted permission under emergency provisions in Britain and the United States....

2158. 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...

2159. Signs of stabilization as Cyprus preps for inoculations

The coronavirus situation is showing signs of stabilization and a drop in the number of daily cases is expected, member of the government’s health advisory committee Dr Petros Karayiannis said Wednesday....

2160. Turkey’s defence industry to go it alone

US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...