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2791. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

2792. Blame game in full swing after budget vote

The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...

2793. New Chinese Ambassador hails deepening relations with Cyprus

China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....

2794. Cyprus to begin vaccinations on December 27

Vaccinations in Cyprus will begin in unison with other EU member states on December 27 following approval by the European Medicines Agency (EMA)....

2795. Man with chainsaw has fallout with officials

A man in Paphos has been arrested following complaints that he threatened to harm staff at the town’s Turkish-Cypriot property management office last month...

2796. State budget battles rage on in Cyprus

Ruling party DYSI has been mounting a campaign over the last 24 hours to secure votes to pass the state budget, which is up in the air over golden passport probe wars, with added pressure also causing rifts even within smaller parties...

2797. 15 days of hell in Varosha in the summer of '74

Varosha. August 19, 1974. Appartments, Block 10, apartment 2. There lived Michalakis Hadjipavlou, 30 years old, with his wife, Xenia Hadipavlou, aged 25, and two of their three children. Their firstborn, four-year-old Thomas, and two-year-old Marios, while their three-year-old daughter Maria was at a friend’s house in Larnaca....

2798. Police focus on Larnaca in passport probe

Police in Larnaca carried out searches on Tuesday in connection with an ongoing criminal probe into golden passports, with reports saying investigators were focusing on at least five persons of interest but were not calling them suspects...

2799. Turkey’s defence industry to go it alone

US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...

2800. Cyprus still battered by severe weather

An orange warning is in effect in Cyprus, which is still being battered by severe weather that landed hard on the eastern Mediterranean a day earlier...

2801. Wintry weather slams Cyprus

A low pressure system moving across the eastern Mediterranean is affecting Cyprus, with officials on the island issuing a flood warning and police warning motorists to drive carefully...

2802. AstraZeneca hitches ride with Russia's Sputnik in vaccine race

AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....

2803. Cyprus parliament approves legislation for social enterprises

Parliament on Thursday passed into law a bill allowing social enterprises to be set up in the Republic of Cyprus....

2804. COVID-19 to disrupt holiday shopping plans

2805. Road worker dies in freak accident

A road worker was killed on the Limassol-Paphos highway on Tuesday after a van slammed into a road construction safety light, pinning the man underneath a maintenance truck...

2806. Disturbing details emerge after school attack

Police said they were investigating an attempted murder case in Limassol after a middle school was attacked by a teen using a hammer, with reports saying the incident was preceded by a feud during online gaming...

2807. Student hospitalized with cracked skull after attack with hammer

A 13-year-old student of a Limassol private school was rushed to the Limassol general hospital on Monday morning after he was hit on the head with a hammer by a 15-year-old student of another school....

2808. No ‘cold turkey’ route as EU ministers meet

No big steps are expected Monday as EU foreign ministers meet to evaluate possible sanctions against Turkey, laying the groundwork for a more substantive debate between EU leaders later in the week...

2809. State budget up in the air over golden passports

Opposition parties are cranking up the pressure on Interior Minister Nikos Nouris, who has been refusing to hand over files in connection with the golden passports scandal, with the Democratic Party making good on its promise not to vote the state budget later this month if there is no transparency...

2810. Disconnect on ethical AI priorities between public and private sectors

In the survey of 71 policymakers and more than 280 global organizations, respondents ranked ethical principles by importance for 12 different AI use cases, and sentiment was measured around the risk and regulation of AI...

2811. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...

2812. Cypriot police scolded again over spy van

The Supreme Court in the Republic of Cyprus has recalled an arrest warrant for Avraham Shahak Avni, a Jewish community leader who is implicated in the spy van probe, ruling that police had no reasonable basis to detain a man who had been otherwise cooperating with authorities from the get-go...

2813. EU criticizes 'hasty' UK approval of Covid-19 vaccine

The European Union criticised Britain's rapid approval of Pfizer and BioNTech's Covid-19 vaccine on Wednesday, saying its own procedure was more thorough, after Britain became the first western country to endorse a Covid-19 shot....

2814. Lute in Cyprus to test the waters for new CyProb process

The UN Secretary General’s special envoy, Jane Holl Lute, met with the head of the UN peacekeeping force in Cyprus, Elizabeth Spehar, in Nicosia on Monday morning, ahead of the separate meetings with the island’s two leaders scheduled for Tuesday....

2815. Moderna to seek US, EU authorization for vaccine on Monday

Moderna Inc will apply for US and European emergency authorization for its Covid-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said....

2816. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

2817. Cops on the lookout for fake COVID docs

Police headquarters issued emergency instructions on Wednesday after receiving information that motorists could be using fake COVID certificates to pass through roadblocks that were designed to block travel without a legitimate purpose...

2818. Bishop apologises over reporter incident

Bishop Nikiforos of Kykkos, who told a reporter to “shut up” on Wednesday as cameras were rolling, has issued an apology, saying he regretted his behaviour, with the incident revealing tensions remain high over the Ukrainian issue...

2819. Erdogan says Greeks behind raid on ship

Turkey’s President Recep Tayyip Erdogan Wednesday suggested Greece and Cyprus were behind the interception of a Turkish vessel by German soldiers on behalf of a European Union mission off the Libyan coast late Sunday...

2820. Safe business and digitalisation in maritime