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3271. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

3272. Staff shortages lead to travel chaos at European airports

Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....

3273. Immigrant arrivals will more than double in 2022

The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....

3274. KPMG in Cyprus will act as a technical service consultant for the Treasury of the Republic of Cyprus

KPMG in Cyprus will act as a technical service consultant, following participation in a public tender, for the provision of support to the Treasury of the Republic of Cyprus, in the framework of the implementation of the new eProcurement system....

3275. British rape accuser drags Cyprus to court

A British young woman who was cleared of lying about a gang rape in Ayia Napa is taking the Republic of Cyprus to the European Court of Human Rights after police said they would not investigate allegations against Israeli teens...

3276. President vows to carry on Zeta’s legacy

Cyprus President Nicos Anastasiades bade farewell on Friday to Labor Minister Zeta Emilianidou, who passed away on Monday after suffering a cerebral aneurysm in May, noting that despite her achievements she remained humble, humane, a respectable lady and that he feels proud of her work...

3277. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

3278. Volunteerism czar pleads not guilty to faking resume

A former volunteerism commissioner, who resigned his post last year amid allegations he had lied on his school report and professional resume, has pleaded not guilty with his new lawyer arguing his client was not getting a fair shake in the media...

3279. Cyprus grieves over loss of beloved minister

Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...

3280. New diabetes drug helps people lose weight

A weekly dose of a medication recently approved by the US Food and Drug Administration to treat type 2 diabetes may help adults without diabetes lose weight as well, a new study found....

3281. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

3282. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

3283. Why are we all working so hard?

The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....

3284. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

3285. Two dead after nephew douses house with gasoline

Police went on high alert on Wednesday after a man in Limassol was burned to death and two other women injured, with reports saying the victim’s nephew set the house on fire and was later found dead...

3286. Archbishop ‘populist pick’ signals tough election

The race to the hill got a lot more serious over the weekend after Archbishop Chrysostomos likened independent presidential candidate Nikos Christodoulides to politically unbowed Makarios, prompting a swift response from ruling party Dysi leader Averof Neophytou...

3287. Eight new deaths from COVID in the past week

Eight deaths and 1,814 new COVID-19 cases were recorded between May 27 and June 3, Cyprus’ Health Ministry said on Friday....

3288. Blood Donation Day

In support to the Nicosia General Hospital blood bank and as part of its CSR initiatives, KPMG in Cyprus organised a blood donation day at its premises at Nicosia, on 31 May. ...

3289. Global IPO market experiences significant slowdown in Q1 2022

3290. Nicosia on the defense over ill-timed Israeli drill

Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...

3291. Australia’s High Commissioner visits Minthis

Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...

3292. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

3293. Masks no longer required indoors or outdoors as of today, June 1st

As of today, the use of protective masks in indoor and outdoor areas will not be obligatory. Moreover, all Covid-related measures will be lifted in ports and airports in the Republic of Cyprus....

3294. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

3295. European cities are turning rooftops into community and sustainability hubs

Across Europe, intrepid artists, planners, and architects are transforming the flat, grey rooftops of the continent into lively community hubs....

3296. Russia cautions US on weapons deployment in Ukraine

Russia on Wednesday sharply criticized a U.S. decision to supply advanced rocket systems and munitions to Ukraine, warning of an increased risk of a direct confrontation between the two superpowers....

3297. Monkeypox: 'No need to panic' says Director of Pharmaceutical Services

Acting Director of the Pharmaceutical Services of the Ministry of Health, Helena Panayiotopoulou, has said that there is supportive treatment in the event of a monkeypox outbreak in Cyprus, noting that there is no need for panic....

3298. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

3299. Greece on high alert after Turkish provocations

Greece’s armed forces in the Eastern Aegean have been placed on high alert due to Turkey’s continued threats, expressed in recent days by high-ranking officials of Turkish President Recep Tayyip Erdogan’s government....

3300. 103 million euros in support measures for vulnerable households

Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine....