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661. EU: Taking the first steps to freedom and the arguments for relaxation

The de-escalation of the health crisis brings further relaxation of measures in Europe. In Spain, from Thursday, citizens will be able to walk outdoors without masks. The measure was imposed in mid-December in order to reduce the risk of "Omicron"....

662. Inflation in Cyprus spikes to an annual 5.4% in January

January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....

663. Cyprus tourist arrivals up by 207% in 2021

Tourist arrivals in Cyprus during 2021 increased by 206.7% compared to 2020, according to data released Thursday by the Statistical Service of Cyprus. However, the arrivals decreased by 51.3% compared to 2019, which was historically the best year for Cyprus tourism....

664. Interest rates on corporate deposits are at a new low

Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....

665. Eurostat: Unemployment at 6.4% in Cyprus in December

In December 2021 seasonally-adjusted unemployment rates dropped to 7.0% and 6.4% in the eurozone and the EU respectively, recording a slight decrease compared to November and more significantly compared to last year, according to figures published by Eurostat, the statistical office of the European Union....

666. Plastics clampdown is key to climate change fight, EU environment chief says

Progressive reduction of fossil fuel-based plastics is crucial to tackling climate change, the EU’s top environmental official said, ahead of a United Nations meeting to launch talks on a world-first treaty to combat plastic pollution....

667. Can banking institutions unilaterally impose new policies on clients with housing loan agreements?

I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...

668. NPLs in Cyprus banks down by €32 million at the end of October

Total non-performing loans (NPLs) in the Cyprus banking sector decreased by €32 million at the end of October 2021, compared to the previous month, when total loans increased by €14 million to € 27.91 billion....

669. Cypriot exports to the UK were not affected despite Brexit

Despite the significant decrease in imports from the United Kingdom as a result of Brexit, Cypriot exports, mainly of dairy products, have remained at the same levels,...

670. 'Test to stay' to be implemented in health professions, Police and Fire Department

At today's Cabinet meeting, the Minister of Health, Mr. Michalis Hadjipantela, presented the suggestions of the members of the Scientific Advisory Committee discussed during yesterday's meeting, which included an analysis of data recorded and evaluated by the tracking team and nurses as well as the rates of vaccination coverage of the population. ...

671. Cyprus has not discussed endemicity of COVID, Health Minister says

The endemicity of COVID has not been on the table in Cyprus, Health Minister Michalis Hadjipantelas said, noting that what has been discussed is learning how to live with the virus....

672. Cyprus will cover the cost for the identification of 2,500 bones of missing persons, Photiou says

Presidential Commissioner, Photis Photiou, announced that the Republic of Cyprus will release the amount of €1.2 million, for the identification of 2,500 small bones....

673. Hospitalizations of children with Covid-19 have doubled

Hospitalizations of children with Covid-19 have doubled compared with two weeks ago, according to the Director of the Makarios hospital's pediatrics clinic, Dr. Avraam Elia....

674. Building permits up 17.3% in the first ten months of 2021

Building permits issued in the first ten months of 2021 increased 17.3%, in relation to the same period of 2020, according to data released Thursday by the Statistical Service of Cyprus. The total area increased by 3.1% but the total value dropped by 8.2%....

675. The coronavirus loses 90% of its infectiousness after 20 minutes in the air

The coronavirus can lose up to 90% of its ability to infect humans within 20 minutes of being in the air, while most of its virulence decreases in the first five minutes, according to estimates by British scientists, who made simulations of the virus' ability to survive and infect when exhaled into the air by a carrier, combined with environmental conditions, particularly humidity....

676. Covid vaccinations protect pregnant women without causing complications

Pregnant women are at greater risk of becoming seriously ill with coronavirus than non-pregnant women, the European Medicines Agency (EMA) experts confirmed yesterday during a press conference....

677. Revenue from tourism reached pre-COVID levels in October 2021

Revenue from tourism reached pre-COVID levels in October 2021 amounting to €310.2 million compared to just €77.4 million in October 2020 and €299.4 million in October 2019....

678. 'No additional measures at this stage'

The scheduled meeting between the members of the Scientific Advisory Committee and the Minister of Health, Michalis Hadjipandelas, ended shortly after 16:00 on Tuesday (January 11th) this afternoon....

679. Minister of Health reassures public on new 'Deltacron' variant

Minister of Health Michael Hadjipantela said on Saturday that Deltacron, a new variant of COVID-19 found in Cyprus, was not something to worry about....

680. NPLs in Cyprus decrease €722 million at the end of September

Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....

681. Increase in deposits, decrease in loans

Deposits in November in Cyprus have increased while loans decreased, according to statistics released on Wednesday by the Central Bank....

682. Cypriot study finds more antibodies in specific groups

A study by the University of Cyprus suggests people over 60, men, and persons who developed symptoms were more likely to have a higher count in lgG antibodies, with scientists hoping a second phase of the research would tackle antibody count after vaccination...

683. Fully vaccinated Cypriots show higher antibody levels than those infected

Preliminary data from an ongoing study in Cyprus show that antibody levels following vaccination with the first and second dose against COVID-19 are at much higher levels than on people who were infected with the disease,...

684. Omicron: How protected are those who have become ill and been vaccinated?

On December 13, 2021, an article was published in the prestigious journal Nature showing that although the combination of natural infection with SARS-CoV-2 along with vaccination (hybrid immunity) provides strong protection against the new coronavirus, a recent analysis of a large number of individuals from Israel argues...

685. Hourly labor costs rise by 7.3% in Q3 2021

Cyprus hourly labor costs (total costs) rose by 7.3% year on year in the third quarter of 2021 following an annual rise of 17.1% in the previous quarter, the Statistical Service of Cyprus (Cystat) said on Thursday....

686. Number of job vacancies in Cyprus declined by 3%

Α decrease of 3% in the number of job vacancies in the 3rd quarter of 2021 was recorded according to CyStat figures released Tuesday....

687. New Zealand's innovative idea to end smoking once and for all

688. Stricter measures at all ports of entry, including crossing points this Christmas

Hadjipantelas told the press that both his Ministry and the Scientific community agreed to have mandatory PCR tests at airports, ports and marinas and stricter measures at crossing points....

689. New tender announced for ferry connection between Cyprus and Greece

The Deputy Ministry for Shipping announced it has launched a new tender for the maritime connection between Cyprus and Greece after the first tender failed to attract official bids....

690. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....