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1831. Cyprus moving forward with more relaxations

The Cabinet on Thursday agreed to move forward with a steady lifting of restrictions, as starting Monday each week will see additional relaxations culminating in the lifting of restrictions on food and drink businesses on March 16....

1832. Cyprus hotels eyeing May for reopening doors

April is the month in which the first bookings of tourists from Israel to Cyprus are set to begin. Although large flows of tourists to Cyprus are not expected at that time, it is clear that those tourists who will come will be needing tourist accommodation. They will however have to choose between the few hotels that remain open, or even the individual ones that will resume operation by April, since all hoteliers aren’t planning to reopen their doors before May at the earliest....

1833. Limassol keeping Cyprus out of Covid safe zone

Cyprus remains above the safety threshold of 150 coronavirus cases per 100,000 people, despite a drop in the diagnosed cases, recording a cumulative impact of 164.3 cases per 100,000 inhabitants over the two-week period between February 3-16....

1834. FinMin: Cyprus to reduce debt once pandemic normalises

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

1835. Cold snap coming as air pressure drops

A low pressure system from the west is moving back into to the area, bringing cold weather and showers along with strong winds later in the day, while a yellow warning is in effect for 24 hours...

1836. US against two-state deal on Cyprus, Heather A. Conley tells Kathimerini

Heather A. Conley is no stranger to Greece as she has made a point of visiting the country every year and also participated in the 2019 Delphi Forum – the last that actually took place in Delphi. A Washington veteran, she is senior vice president for Europe, Eurasia and the Arctic and director of the Europe, Russia and Eurasia Program at the Center for Strategic and International Studies (CSIS)....

1837. Jordan supports Cyprus solution based on UN resolutions, Ambassador says

Jordan’s Ambassador to Cyprus Mohamed El-Fayez affirmed on Tuesday his country’s support for a resolution of the Cyprus Problem on the basis of relevant UN resolutions....

1838. KPMG unveils Impact Plan: shares progress against newly created Stakeholder Capitalism Metrics

KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...

1839. Cyprus ranks fifth in pandemic management study

Cyprus ranked fifth in a Covid Performance Index published Thursday by the Lowy Institute, an Australian think tank, which ranked almost 100 countries for their successful handling of the coronavirus pandemic, with Britain and America near the bottom of the pile....

1840. The key to a successful investment lies in… behaviour?

1841. COVID-19 is adding new impetus to finance transformation

1842. Cold front ready to show teeth in Cyprus

Weather officials in Cyprus have issued a yellow warning for Monday afternoon through Tuesday early morning, citing a cold front affecting the island and bringing along high winds, cold temperatures, and dumping rain throughout the early part of the week...

1843. 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...

1844. Pfizer suggests vaccine can beat mutations

Pfizer Inc and BioNTech’s COVID-19 vaccine appeared to work against a key mutation in the highly transmissible new variants of the coronavirus discovered in the UK and South Africa, according to a laboratory study conducted by the US drugmaker...

1845. Cyprus, US sign Declaration of Intent on border security

Cyprus and the USA signed on Tuesday a Declaration of Intent on strengthening cooperation on border security issues, in view of enhancing their capacity to counter common threats and foster stability in the region. ...

1846. January approval for AstraZeneca vaccine by EMA unlikely

The European Medicines Authority (EMA) will most likely not be able to approve the Covid-19 vaccine developed by drug maker AstraZeneca and the University of Oxford in January, the watchdog's Deputy Executive Director Noel Wathion said....

1847. DBRS warns against protracted process in approving bugdet

Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....

1848. 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...

1849. 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....

1850. COVID-19 to disrupt holiday shopping plans

1851. More road deaths, incidents over weekend

A pedestrian was killed in a traffic accident on Sunday marking the second road fatality over the weekend, while two others were arrested in separate road incidents in Paphos and Limassol...

1852. 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...

1853. 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....

1854. Health ministry responds to questions on new measures

The health ministry on Monday responded to five questions regarding the new restriction measures that are to affect the island until mid-December....

1855. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1856. This week to define next coronavirus measures

The last week of November will be decisive, as its coronavirus figures will determine the next steps to be taken, both in terms of suggestions to be submitted by the government’s expert task force and government decisions....

1857. KPMG says it will be net zero carbon by 2030

KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...

1858. Lidl Cyprus celebrates 10th anniversary

A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...

1859. Senior on bike killed while crossing street

A senior citizen was killed in a road incident on Saturday after he was struck by a vehicle while riding his bicycle in Limassol...

1860. COVID-19 calls for digital technology investments in oil and gas

Ninety percent of oil and gas executives agree that investments in technology and workforce are essential to surviving current market conditions, according to a new EY survey...