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1441. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

1442. COVID-19 outbreak both a curse and a blessing

The coronavirus pandemic in Cyprus has come as both a curse and a blessing, as it forced authorities to move with unprecedented speeds toward a digital transformation, Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos said Thursday....

1443. Teachers refuse to livestream their classrooms

Public school teachers in the classroom remain firm on their refusal to live stream lessons online, saying it would be unproductive and dangerous, while reports point to a fear over internet memes...

1444. Cyprus to prepare three-stage coronavirus exit strategy

The Cabinet on Wednesday approved the island’s lockdown exit strategy, which foresees the resumption of the operation of vital sectors of the economy in early May....

1445. Greece's response to coronavirus working, Mitsotakis tells CNN

In an interview with CNN on Wednesday night, Prime Minister Kyriakos Mitsotakis said that the measures his government has taken to curb the spread of the coronavirus appear to be working and thanked the Greek people for their cooperation, conceding however that “the hard work is still ahead of us.”...

1446. SMS service 8998 gets the axe

The SMS service, operated by the government to enforce movement restrictions amid the coronavirus crisis, was back up and running smoothly on Wednesday morning, while the President of the Republic has warned that a total curfew would be in place if people abuse the service...

1447. Persons travelling for permitted reasons to fill in a form or send SMS

During the partial curfew to be enforced at 6pm on Tuesday for three weeks, those wishing to leave their home or shelter for any of the reasons falling under the exceptions to the travel restriction must either fill in a special form or send a text message to 8998....

1448. All schools islandwide to close their doors on Friday

All schools islandwide will be shutting their doors as of Friday for one week, as per the decision taken on Wednesday by the Education Ministry in a bid to contain the coronavirus outbreak, as cases spiralled to six in government-controlled areas....

1449. CEOs: Drop in Optimism and Reversal of Sentiment

1450. Bomb goes off at a Limassol media outlet

Limassol police are investigating a bomb attack outside the building of a media group, which houses a number of outlets including Cyprus Times...

1451. Sir Paul Nurse: Fighting cancer through the cell cycle

Holder of the 2001 Nobel Prize in Physiology or Medicine, Sir Paul Nurse, visited the island last week where he participated as the honorary speaker in the 4th Lecture of Academic Excellence organized by the Cyprus School of Molecular Medicine and the Cyprus Institute of Neurology and Genetics. His lecture, entitled ‘Control of the Cell Cyle’, delved into the depths of the research which had led to his prestigious Nobel prize....

1452. Greek Deputy Minister of Development to visit Cyprus on Wednesday

Greek Deputy Minister of Development and Investment, responsible for Research and Technology, Christos Dimas, will be in Cyprus on Wednesday for a one-day visit, with an aim to strengthen bilateral cooperation in issues concerning the promotion of research, innovation and digital technologies....

1453. Deputy Minister for Research, Innovation and Digital Policy assumes duties

Kyriacos Kokkinos officially assumed his duties on Friday as Deputy Minister for Research, Innovation and Digital Policy, a Ministry established as part of promoting the government’s digital agenda....

1454. Greek PM meets with five EU leaders over bloc's budget

Greek Prime Minister Kyriakos Mitsotakis held talks in Brussels on Friday with the leaders of Germany Angela Merkel, France Emmanuel Macron, Spain Pedro Sanchez, Italy Giuseppe Conte and Portugal Antonio Costa in a bid to break a deadlock in negotiations for the European Union’s 2021-2027 budget....

1455. Summit standoff as EU leaders grapple with Brexit-sized hole in budget

EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion-euro (62.9 billion pounds) hole after Britain’s departure at a time when they face costly new challenges from climate change to migration....

1456. Cyprus Shipping Chamber backs EU Shipping Industry positions on EU Green Deal

The Cyprus Shipping Chamber expressed its fully supports the EU Shipping Industry’s positions on the EU Green Deal, noting that the shipping industry is fully committed to eradicating its GHG emissions completely as soon as possible in this century. ...

1457. Cyprus Government picks Cablenet’s Fiberpower® network

Cablenet’s Fiberpower® network has been selected as the network of choice for the Cyprus Government Internet Network...

1458. Sustainable Growth Review for 2019

PwC’s corporate responsibility programme focuses on promoting youth entrepreneurship, supporting vulnerable social groups, protecting the environment, promoting employee wellbeing and upskilling...

1459. In Paris visit, Greek, French ministers agree to boost investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

1460. 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...

1461. Digital transformation of health services is indispensable

1462. Businesses must address digital fatigue and consumer privacy

1463. Bank of Cyprus revises Privacy Statement

Bank of Cyprus has revised its Privacy Statement relating to the processing of personal data of natural persons...

1464. Family businesses should trust next generation leaders

1465. EY announces new solutions for the energy industry

EY announces new innovative digital solutions for the energy industry built on Microsoft Azure...

1466. EY helps establish ethical artificial intelligence systems

1467. Uncertainty reigns across international tax landscape

1468. PwC Cyprus presented the 'New World, New Skills' programme

1469. Greece caught in US-China conflict on 5G

The development of 5G networks in Greece has been caught in the crossfire of the US-China trade war, with pressure growing on the Greek side...

1470. Cyprus foreign minister in Washington

Cyprus Minister of Foreign Affairs Nikos Christodoulides is on a working visit to Washington, where he will also meet with Secretary of State Mike Pompeo on Monday...