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2311. Coronavirus measures bring sharp drop in EU asylum applications

First-time asylum applicants in the EU recorded a sharp drop of almost 70% during the second quarter of 2020, mainly as a result of coronavirus emergency measures imposed by member states from March, Eurostat figures showed Wednesday....

2312. FinCEN Files: Cyprus banks embroiled in dirty money leak

Leaked documents from the Financial Crimes Enforcement Network, dubbed the FinCEN files, have revealed that several of the world’s major banks allowed over 200,000 suspicious financial transactions valued at around $2 trillion to be moved over a period of almost two decades, with 897 of those transactions made by Cypriot banks....

2313. Yiolitis clarifies role in passport applications

Cypriot Justice Minister Emily Yiolitis has issued a statement on Twitter concerning her involvement in “golden passports” applications during the time when she was a founding partner at a law firm...

2314. Banks must prepare for a new cycle of NPLs due to Covid-19

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) told Cyprus commercial banks to prepare to face a new cycle of non-performing loans in 2021 due to the coronavirus pandemic....

2315. AstraZeneca vaccine study on hold

AstraZeneca Plc said it has paused global trials, including large late-stage trials, of its experimental coronavirus vaccine due to an unexplained illness in a study participant...

2316. KPMG Property Lending Barometer 2020

2317. Apollo CEO investigated over Epstein ties

The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...

2318. Russia considering to resume flights to Cyprus

Russian authorities are considering to allow the resumption of international flights to Cyprus and six other countries, the Russian daily Izvetsia said Monday, citing unnamed airport and airline sources....

2319. US lifts 'Do Not Travel' advisory, Cyprus in Warning Level 3

The US on Thursday lifted its advisory against travelling abroad that was in force for nearly five months, but the US Centers for Disease Control still recommends against non-essential travel to more than 200 destinations, including Cyprus and Greece, due to the high coronavirus risk....

2320. Cyprus 'golden passports' get popular amid pandemic

The Republic of Cyprus’ investment-for-citizenship program proved to be the second most popular scheme of the sorts amid the global pandemic, with new citizenship applications during the first quarter of 2020 marking a 75% increase compared to the same period last year....

2321. Grim tourism figures for June show Cypriots also staying put

Official figures for June tourist arrivals came to confirm the meagre state of tourism on the island this year, which remains heavily affected by the global coronavirus pandemic....

2322. Adoption of new trends accelerating after pandemic

The acceleration of consumer trends and behaviour that was already underway prior to the COVID-19 outbreak has taken another leap forward and will spark consumer-facing companies and retailers to reinvent the way they do business, according to a new PwC report...

2323. Two extradited from Cyprus to face US justice

The Republic of Cyprus has extradited two alleged cyber criminals to the United States, including a young man who is the first Cypriot national to be extradited under an extradition treaty with the US...

2324. Evaluating and learning from the pandemic response

The COVID-19 pandemic is testing the strengths and exposing the weaknesses of governments, defence, security forces and the private sector in their crisis preparedness and response. In order for future responses to be more robust and resilient, governments will need to understand how these actors collaborate and map leadership priorities...

2325. UNSG report on his good offices in Cyprus obtained by Kathimerini Cyprus

The 39-page advance copy of the Report of the UN Secretary-General on his mission of good offices in Cyprus was obtained by Kathimerini Cyprus....

2326. Students arrested as visa debate rages on

Police officers and immigration agents raided establishments in Paphos on Sunday, arresting two international students who were found working without authorization, with critics calling on the state to ease restrictions and allow off-campus work...

2327. Health Minister alarmed over Belgium's inclusion of Cyprus in 'orange' travel zone

Health Minister Constantinos Ioannou on Thursday expressed surprise over Belgium’s inclusion of Cyprus in its elevated risk zone for travel....

2328. Cabinet orders stricter, more frequent checks for compliance with protection measures

The cabinet on Wednesday agreed to set into motion stricter, more frequent, and more intensive checks by state authorities to ensure that government-ordered protection measures designed to curb the spread of coronavirus are being followed....

2329. Health Minister issues call to Cyprus public to remain vigilant

Health Minister Constantinos Ioannou called on the Cyprus public to stay vigilant and to continue taking personal protection measures as coronavirus is still among us, warning that we will remain unprotected until a vaccine is found....

2330. Emirates SkyCargo expands network to Larnaca

Apart from Larnaca, the new cities added to the air cargo carrier’s network include Accra, Algiers, Athens, Fort Lauderdale, Glasgow, Los Angeles, Male, Moscow (SVO), Phnom Penh, Rome, Santiago, Sialkot and Tunis....

2331. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

2332. Cyprus based company KRU Overseas continues to supply coal to Cyprus domestic market

KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....

2333. Cyprus weighs risks of luring back tourists

The introduction of Britain and Russia into one of the categories that would allow tourists to visit Cyprus is not on the agenda according to Kathimerini sources, with hoteliers waging a battle to assume part of the risk and scientists appearing unconvinced ahead of an upcoming meeting at the Presidential Palace...

2334. Berlin ready to support Cyprus solution process

Berlin intends to be supportive if asked to do so by all parties involved in Cyprus settlement efforts, the Ambassador of Germany to Cyprus, Franz Josef Kremp, told the Cyprus News Agency....

2335. Global coronavirus cases top 10 million; deaths surge past 500,000

The world surpassed two sobering coronavirus milestones Sunday -- 500,000 confirmed deaths, 10 million confirmed cases -- and hit another high mark for daily new infections as governments that attempted reopenings continued to backtrack and warn that worse news could be yet to come....

2336. EU top official and Cyprus defence minister fly over Cyprus' EEZ by helicopter

The EU foreign policy chief Josep Borrell joined the Cyprus defence minister Savvas Angelides on a helicopter ride over the Republic’s exclusive economic zone to observe the sea areas that are increasingly emerging as zones of contention....

2337. PwC Cyprus: a steady supporter of entrepreneurship and innovation

2338. UNHCR report: One per cent of humanity displaced

A UN Refugee Agency report released on Thursday showed that forced displacement is now affecting more than one per cent of humanity – 1 in every 97 people – and with fewer and fewer of those who flee being able to return home....

2339. Five new support schemes announced as Cyprus enters recovery stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

2340. Post-lockdown jump in coronavirus cases rattles Turkish officials

Turkey may have to adopt a harder line on social interactions following a worrying jump in coronavirus infections but it has no plans to reverse an easing of lockdown restrictions aimed at reviving the economy, officials say....