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841. Companies in Cyprus ready for the new norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

842. The market needs oxygen, FinMin says

The market needs oxygen, Finance Minister Constantinos Petrides said Monday, stressing that the least citizens expect from politicians is to reach a consensus in order to support the economy in line with a prudent policy without placing it in further danger....

843. Effects of COVID-19 on businesses, wider economy

The results of the PwC Cyprus Pulse Survey on the effects of COVID-19 on businesses and the wider economy, which was conducted with the participation of 45 CFOs from Cyprus, were made public today...

844. World remains cautious over chloroquine

The US Food and Drug Administration is a step closer to a potential approval of chloroquine for treatment against Covid-19, while more doubts over the drug’s effectiveness and concerns over lethal side effects continue to pop up around the globe...

845. Three movements per day possibly the first move in lockdown exit strategy

The expert group of scientists consulting the government in its efforts to curb the spread of coronavirus will be convening on Friday to map out Cyprus’ gradual lockdown exit strategy....

846. Supreme Court: public sector pay cuts during financial crisis constitutional

The Cyprus Supreme Court on Friday overturned earlier rulings by the Administrative Court, finding that cuts made to public sector employees’ salaries and pensions during the economic crisis of 2013 were in accordance with the Constitution....

847. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

848. Man to serve five years for child rape

A man in his late 40’s was sentenced to prison after being convicted for raping a young girl repeatedly during her elementary school years...

849. Migrant camps on Greek islands put on lockdown

No visitors, including members of organizations and agencies, will be allowed into the migrant reception and processing centers on the Greek islands for the next two weeks at least, the Migration Ministry said yesterday, announcing a series of measures to prevent a coronavirus outbreak in any of the facilities....

850. Main hospitals partially resume operations, blood banks low

The island’s two main hospitals partially resumed operations on Thursday when coronavirus cases rose to seven after a person who recently returned from the UK tested positive....

851. CEOs: Drop in Optimism and Reversal of Sentiment

852. Farm worker critical after trailer home fire

A farm worker in rural Nicosia, who suffered burns in a trailer home fire in rural Nicosia, was rescued by his employer who saw the flames on security cameras and sprang into action...

853. Nicosia an extremely important partner in region, Norwegian FM says in Cyprus visit

Oslo views Cyprus as an extremely important partner in the region, due to its bridging role between Europe and the Near East, said Ine Soreide, Norway’s Minister of Foreign Affairs....

854. Jiu Jitsu director prepares for next Hollywood film shoot to begin in April

After the successful production of the Kung Fu film ‘Jiu Jitsu’ in Cyprus last summer starring Nicholas Cage, the island will by the end of April be hosting the Dimitris Logothetis’ new film, ‘Man of War’....

855. Yellow warning for thick fog covering Cyprus

After fog and low clouds blanketed the Nicosia skies on Wednesday, the Met Department issued a yellow warning for dense fog at mountainous and semi-mountainous regions, which will remain in effect until 10am on Thursday....

856. Cold weather alert climbs to orange

A new orange alert was issued Sunday evening for Cyprus as extreme low temperatures are set to sweep across the island overnight with frosty conditions reaching the lowlands...

857. Freezing weather spreads across Cyprus

An extreme cold warning has been issued for Cyprus with temperatures expected to fall down to zero degrees around the capital and around nine below zero up high in the mountains...

858. Book Your Wedding Day celebrates 10K milestone

Global pioneering wedding tourism platform BookYourWeddingDay.com reached a significant milestone on Sunday, February 2nd2020, having received its 10,000thwedding booking since its launch!...

859. Island braces for coldest weather in 3 years with high levels of dust

The atmosphere on Thursday was permeated with high levels of dust, as the island braces for the coldest temperatures recorded in the last three years...

860. Parents cry foul as students plan strike

Organized parents in Cyprus are calling on high school students to call off a strike scheduled for Wednesday, as critics warn that protests against semester-based exams are getting out of hand...

861. 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...

862. Facebook to remove coronavirus misinformation

Facebook Inc said on Thursday it will take down misinformation about China’s fast-spreading coronavirus in a rare departure from its approach to health content, after the World Health Organization declared the outbreak a global health emergency....

863. 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...

864. Human remains found in Larnaca

Local reports emerged on Tuesday saying human remains have been found on two separate occasions in the water at a Larnaca beach...

865. Peace water on hold after weather incident

Turkish Cypriot officials say it will take two months to restore a submerged water pipeline from Turkey, following an incident due to severe weather...

866. Libya blames maritime tensions on Greece

Libya has slammed Greece in a recent letter to the United Nations, accusing Athens of refusing to play fair, while US State Secretary Mike Pompeo says he is taking on a new initiative to de-escalate Greco-Turkish tensions over maritime borders...

867. Both US and Iran claim ‘self defence’

Iranian UN ambassador has sent a letter to the UN Security Council calling Tehran’s missile strikes a "measured and proportionate" act of "self-defense,” while the US also says killing Quds Force commander Qassem Soleimani was for self defence...

868. Heavy rains slam all of Cyprus

Local authorities all over the island were busy Wednesday dealing with the aftermath of heavy rains, while road closures were caused by heavy runoff both north and south...

869. PwC Cyprus places the well-being of its staff at the centre of its activities

PwC Cyprus adopted the ground-breaking programme "Be Well, Work Well", which is part of the organisation's new global approach to well-being...

870. Uncertainty reigns across international tax landscape