Search

511. SMS not needed for Holy Week churchgoers

Eastern Orthodox churchgoers in the Republic of Cyprus no longer need to send an SMS before attending service during Holy Week, based on an FAQ issued by the government on Monday revising and clarifying the latest lockdown measures...

512. Cyprus scrambles on eve of third lockdown

Cyprus' Health Minister Constantinos Ioannou has announced a two-week lockdown starting Monday, including a revision for Holy Saturday midnight mass after Archbishop Chrysostomos cried foul over rules that were 'unacceptable'...

513. Cyprus decides lockdown in Golgotha meeting

After a tough debate amongst ministers over how the government ought to respond to a deteriorating pandemic situation, a proposal for a short and partial lockdown was approved at the last minute after the Cypriot health minister ascended his Calvary to secure a lockdown ahead of Orthodox Holy Week...

514. Cyprus hopes for breather on Green Monday

People in Cyprus are hoping to catch a break on Green Monday, with the government easing restrictions on nature outings on the public holiday and forecasters unsure if weather will cooperate...

515. Cyprus takes next step with caution

The Cypriot government is moving ahead with further relaxation of measures against the pandemic, with the announcement coming two days after a Cabinet decision that was delayed due to high hospitalization rates but also reports that not all ministers were on the same page...

516. Anastasiades joins EUCO summit prep with EU leaders

President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...

517. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

518. Boy dies after parents shot to death

A teenager in the north died Friday morning after allegedly shooting and killing his parents before turning the gun on himself, with reports saying his older brother managed to escape from certain death...

519. EU warns against easing pandemic-containing measures

As millions of European citizens gear up for the festive season, the European Union's executive commission urged member countries to keep strong anti-Covid-19 restrictions in place to avoid a post-holiday surge of coronavirus cases and deaths but stopped short of advising against travel....

520. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

521. 22.3% of Cyprus population at risk of poverty in 2019

The most recent European Statistics on Income and Living Conditions (EU-SILC) 2019 survey shows that 22.3% of the Cyprus population, that is 194,400 persons, are living in households that are at risk of poverty or social exclusion....

522. A second lockdown would be a grim financial equation

With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....

523. 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....

524. All set for implementation of new support measures, FinMin says

Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....

525. EU issues '10 commandments' for safe travel

As EU countries gradually lift confinement measures, Europeans may be able to travel this summer, provided the health situation and national restrictions allow....

526. EU unveils guidelines for travel, tourism

The European Commission unveiled a series of measures aimed at ensuring people can start traveling safely across the continent again as governments try to revive tourism and airline industries brought to a halt by the coronavirus....

527. Young man stabbed to death by housemate

A young man living in rural Nicosia turned himself in to police after stabbing his roommate to death during a fight...

528. Half of Cyprus population unable to cope with unexpected expenses

Almost half (48%) of the populations of both Cyprus and Greece were unable to cope with unexpected financial expenses last year, data released by the European statistical service (Eurostat) on Tuesday showed....

529. Lagarde draws line on how far ECB largesse can go

European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult....

530. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

531. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

532. Businesses must address digital fatigue and consumer privacy

533. Boy who killed sister released from Athalassa

A teenager who was locked up in a mental hospital is going home one year to the day after stabbing his sister to death in Larnaca...

534. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

535. Overtaxation led to tax evasion

Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...

536. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

537. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

538. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...

539. Two new recycling and composting programmes in Limassol

Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it. ...

540. The Cypriot company that feeds the world with coal

Carbo One Ltd is one of the biggest players in the world coal market with an almost 20 year experience, circulating more than 75 million tons of the good...