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1861. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

1862. Jewel readies trial cruise from Cyprus

The Jewel of the Seas is setting anchor in deep waters on Thursday just off Limassol, as the cruise ship prepares for an ultimate summer getaway from Cyprus for the first time ever...

1863. Cypriot voters elect new Parliament

Voters in the Republic of Cyprus head to the polls on Sunday to elect a new House of Representatives, following a highly contested and unusual campaign that has been affected by the coronavirus pandemic...

1864. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

1865. Cyprus closer to normality and freedom

A mere 69 coronavirus cases were announced on Wednesday as COVID deaths became less frequent in the Republic of Cyprus, with a positivity rate down to 0,17% prompting authorities to announce the next step of easing pandemic restrictions...

1866. Shipping Industry Cyprus - B2B Meetings with German Companies

1867. Odyssey leaves Cyprus after Haifa cancelation

Odyssey of the Seas sailed away from Cyprus on Tuesday after Royal Caribbean pulled the plug on operations out of Haifa, but Cypriot officials remain upbeat over cruise ships seeking a friendly port in Limassol...

1868. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

1869. Hanoi airlifts Vietnamese citizens off Cyprus

Close to 200 Vietnamese nationals were flown out of the Republic of Cyprus over the weekend, including about a dozen who had been detained at Menoyia detention center for deportation proceedings...

1870. Cyprus ends lockdown with safe pass

A third lockdown in the Republic of Cyprus ended on Sunday as new measures went into effect Monday including a controversial safety pass, with the government betting on a slight improvement as it pushes for gradual return to normality...

1871. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...

1872. Cabinet favors return to pre-lockdown rules

Government and health advisors in the Republic of Cyprus are looking into the possibility of returning to pre-lockdown measures against COVID-19, but surprises are not ruled out during a week of many unknowns...

1873. US-Turkish alliance at a critical crossroads

The rift between Joe Biden and Recep Tayyip Erdogan runs deep as the American president – in contrast to his predecessor – attaches a great deal of importance to respect for democratic values and does not see his Turkish counterpart as willing to cooperate in the framework of a world order based on shared principles and rules, Ian Bremmer, the head of Eurasia Group, tells Kathimerini in an interview....

1874. Stars in Al Jazeera video face committee

1875. Cypriot Cabinet gets AstraZeneca ‘group shot’

Members of the President’s Cabinet got the AstraZeneca shot in front of cameras on Thursday, in a publicity stunt aimed at boosting confidence among members of the public...

1876. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...

1877. Easter relaxations up in the air

Member of government’s health advisory committee Professor Petros Karayiannis said it remains unclear whether any relaxations will be made over the Easter period, since daily new coronavirus cases have yet to stabilise....

1878. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

1879. Economic activity could resume by spring end, Anastasiades says

President Nicos Anastasiades said Wednesday that he was hopeful that economic activity could resume by the end of spring, given that no unpredicted developments arise on the part of pharmaceutical companies....

1880. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

1881. Anastasiades: Cyprus won't hesitate to veto EU-Turkey customs union

1882. Cyprus expecting 60,000 Covid doses this week

1883. Islandwide rollout of 'pay as you throw' programme in 2022

The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....

1884. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

1885. EU27 open up to Turkey but with a caveat

European Union leaders made good on Thursday on a 2016 promise to deepen trade ties with Turkey, but also warned Ankara to expect sanctions if it restarts exploration over disputed hydrocarbons in the eastern Mediterranean...

1886. Cyprus rejects EU draft on Turkey which seeks to deepen trade ties

Cyprus has rejected a draft prepared for a summit of EU leaders this week which seeks to deepen trade ties with Turkey, describing it as “totally unacceptable.” ...

1887. Anastasiades stays focused on getting EU at Geneva table

President Nicos Anastasiades delved extensively into the substantive role the EU has to play at upcoming Cyprus peace processes during a teleconference convened Friday by the European Council President Charles Michel with EU leaders....

1888. Govt meets extension of restrictions with new support measures

Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures....

1889. President seeks consensus to relax measures

Health experts on the government’s pandemic task force met with President Nicos Anastasiades on Tuesday, with reports saying the commander in chief got the nod to proceed with scheduled relaxing of measures but details were still not fully clear...

1890. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....