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1801. 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...

1802. 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'...

1803. 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...

1804. 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...

1805. 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...

1806. 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...

1807. 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...

1808. 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...

1809. 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...

1810. 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...

1811. 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...

1812. 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...

1813.  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...

1814. 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...

1815. 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...

1816. 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...

1817. 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...

1818. 2021 KPMG CEO Outlook Pulse Survey

1819. 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...

1820. 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....

1821. 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. ...

1822. 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....

1823. 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...

1824. EY Academy of Learning & Development introduces a new Web-Based Learning initiative

EY Cyprus is proud to announce the launch of a new Web-Based Learning (WBL) initiative, an expansion of the offerings of the EY Academy of Learning and Development...

1825. 8.3% of local youth has social media addiction symptoms

A survey on the likelihood of young people getting addicted to social media and the internet has shown that 8.3% of Cypriot youth is faced with symptoms of addiction to social media, while the replies of 24% of participants suggested an overall problematic use of the internet. ...

1826. Athens sees Ankara games ahead of summit

Not only did Turkey continue to ignore Athens’ proposals for the next round of exploratory contacts between the two countries on Monday, its Defense Ministry once again revisited the issue of demilitarization of the Greek islands of the eastern Aegean, going as far as denouncing the presence of Greek warships at Kastellorizo....

1827. Anastasiades, Greek PM discuss Cyprus issue

The Cyprus issue was the focus of a telephone conversation between Greek Prime Minister Kyriakos Mitsotakis and Cyprus President Nicos Anastasiades on Monday morning....

1828. Report shows Limassol covid situation not improving

A total of 2,340 coronavirus cases were diagnosed in Cyprus between February 17 and March 2, with the 14-day cumulative diagnosis rate increasing to 263.5 per 100,000 population....

1829. Cyprus opens up to vaccinated Brits

The Republic of Cyprus will allow British tourists who have been vaccinated against COVID-19 to fly in without any restrictions starting May 1, joining the ranks of Israeli nationals who will also start visiting the island on a special green pass...

1830. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....