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1531. Hospital admissions and discharges even out

The latest trend in COVID hospitalizations in the Republic of Cyprus suggests admissions and discharges are evening out, with health officials still calling on the public to get vaccinated following a spike of cases in July...

1532. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

1533. Crunch time as hospital admissions reach high

Worst case scenarios and emergency staffing are once again the topic of discussion among health experts in Cyprus, with hospitalizations reaching new records for summer at a time when medics are taking vacation...

1534. Cyprus wants strong UNSC response on Varosha

The UN Security Council is scheduled to tackle Varosha on Thursday, after the Republic of Cyprus requested closed consultations to take place following a Turkish Cypriot announcement to reopen part of the ghost town in the north, a move heavily criticized by Greek Cypriots in the south...

1535. Police not ruling out probe in fire deaths

The Cypriot government has rejected accusations of a lax response to Saturday’s deadly wildfire, with police not ruling out a criminal investigation that could include a probe into the deaths of four Egyptian workers who died while trying to escape the inferno...

1536. Man killed after being run over during meetup

A man was killed in Limassol following a dispute involving his son and another male, who got behind the wheel and run over the father...

1537. Cyprus under pressure to get it right

Tough measures amid a recent spike may be off the table for now in the Republic of Cyprus as a partial Cabinet meets to brainstorm on ways to boost vaccination, with a skeptical public remaining either unconvinced about the vaccine route or still in the dark over pandemic data...

1538. President focused on agenda after reshuffle

Cypriot President Nicos Anastasiades says this week reshuffle of his Cabinet will serve the government agenda, while blaming the opposition for his coalition-style approach falling flat...

1539. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

1540. Cyprus et al kept off UK’s green list

A last minute Cypriot campaign in the United Kingdom to secure quarantine-free travel to the island failed to yield results on Thursday, after Britain’s choice to go the extra cautious route affected many countries, with the island now focusing on Russia, its second largest market, to keep summer hopes alive...

1541. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

1542. Checkpoints to open with no deal on vaccinated

The two communities on divided Cyprus have confirmed their agreement on a 3-level system that would allow people to go through checkpoints, but details remain unclear on whether those who are vaccinated can still cross if epidemiological conditions worsen...

1543. Cyprus' checkpoints expected to reopen Friday

The government spokesperson in the Republic of Cyprus says there is a basis for agreement between the two communities to re-open crossing points, with reports saying people on the divided island will be able to go through checkpoints as soon as Friday if they have the necessary health certificate...

1544. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

1545. A silent pandemic requiring global action now

If policymakers fail to address the challenge of antimicrobial resistance they risk seeing the rise of a silent pandemic, write Stella Kyriakides and Dr Tedros Adhanom Ghebreyesus...

1546. Badly burned utility workers flown overseas

Two workers from Cyprus are being rushed to foreign hospitals for specialized medical care after suffering severe burns following in an accident at a utility substation...

1547. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

1548. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

1549. Footballer crashes car into rental dealership

A forward playing with AEL Limassol was pulled out of wreckage on Tuesday after his vehicle crashed into a car dealership, injuring an employee who was inside...

1550.  Eight University of Nicosia academics listed among top scientists in the world

Eight University of Nicosia academics are included on the annual list of 100,000 top-scientists worldwide and, correspondingly, in the top 2% of scientists in their field, according to a team of researchers at Stanford University in the USA...

1551. KPMG supports 'Adopt a Family for Easter'

Our Corporate Social Responsibility programme forms an integral part of our corporate philosophy around the world. As every year, we aim to implement specific actions with a substantial impact on our society, such as the support for socially vulnerable groups...

1552. Parents file lawsuit challenging mandatory tests, mask use

A group of some dozen parents have filed a joint law suit challenging the state for imposing mandatory weekly coronavirus testing and face mask use on children...

1553. Alan Duncan publishes book ahead of Geneva

Sir Alan Duncan who irritated Greek Cypriots two years ago when he said sovereignty over waters off the island was 'under dispute' has written a book, in which he says the British High Commissioner felt betrayed by President Nicos Anastasiades...

1554. S7 looking to drop Cyprus Airways

The future of Cyprus Airways is once again up in the air following reports that its Russian private shareholder S7 is looking to sell its entire stake in the Larnaca-based Charlie Airlines...

1555. 2021 KPMG CEO Outlook Pulse Survey

1556. KPMG Cyprus announces partnership with EnergyIntel

KPMG in Cyprus and EnergyIntel have signed a partnership agreement for the provision of the innovative, energy-efficient solution, PayGreen...

1557. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

1558. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

1559. EY Cyprus participated in the 4thCyprus International Tax Conference

EY Cyprus has once again supported and participated in the 4thCyprus International Tax Conference, on Tuesday March 30th....

1560. Cyprus wraps up cheese that grills

Cypriot President Nicos Anastasiades says the registration of halloumi and hellim with the European Union is “to the benefit of all Cypriot producers, Greek and Turkish” following Monday’s designation for the famous cheese that grills but not without protests on both sides...