Search

1981. Loan payments to be suspended for nine months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

1982. Now is the time for remote and online payments

For more than 30 years, JCC has been supporting businesses and the financial services sector in Cyprus, guided by the central premise of security and reliability in every type of service JCC has been providing...

1983. PwC: We support our people, clients and the society

1984. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

1985. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

1986. EU slams Trump’s Europe travel ban

The European Union has slammed the new anti-virus travel ban announced by US President Donald Trump, lashing out at an “unilateral” decision taken “without consultation.”...

1987. Driver killed in Green Monday road accident

An elderly driver was killed on Monday after his car slammed onto a retaining cement wall in rural Paphos...

1988. Greece reports fourth COVID-19 case, Eurozone says 'ready to act'

As health authorities confirmed the fourth case of coronavirus in Greece on Friday, the Greek government pressed forward with its drive to contain its spread. ...

1989. Harvey Weinstein found guilty at rape trial

Harvey Weinstein, the fallen titan of Hollywood whose sexual abuse of aspiring young female actors sparked the #MeToo movement, has finally been brought to justice after a New York jury found him guilty....

1990. Fourth Italian dies from coronavirus in worst flare-up outside Asia

A fourth person infected with the coronavirus has died in Italy, officials said on Monday as the government struggled to contain an outbreak of the illness and financial markets slid on fears over the economic impact....

1991. New Brexit immigration system to favour high-skilled workers

Britain will prioritize access for high-skilled workers from around the world in its post-Brexit points-based immigration system, the government said on Tuesday, setting out its plans to put an end to a reliance on “cheap labor from Europe”....

1992. Cyprus and 8 EU countries object to new rules of mobility package on commercial vehicles

Implications of a new rule included in the EU mobility package currently under negotiation, whereby commercial vehicles, lorries, and trucks will be required to return to their licensing Member State every eight weeks, were raised on Wednesday by Transport Minister Yiannis Karousos and several of his counterparts to the Commission Vice President and Commissioner for Transport....

1993. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

1994. Drunk cabbie jailed after speedy trial

A taxi driver in Larnaca was sentenced to 15 days in prison and had his licence suspended by a judge who found him guilty of reckless driving and driving under the influence...

1995. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

1996. Emerging tech can bolster Sustainable Development Goals

Two-thirds of the 169 targets underpinning the global Sustainable Development Goals could be bolstered by technological innovation according to a new study by the World Economic Forum and PwC...

1997. PRIO: A Cyprus solution could reap high economic benefits

A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....

1998. Cyprus, Lebanon begin preparations for first Trilateral Summit

Cyprus and Lebanon have begun preparations for the first Trilateral Summit at the level of Heads of State and Government, to be held in Nicosia in the spring, the Foreign Minister Nicos Christodoulides announced on Friday...

1999. Sustainable Growth Review for 2019

PwC’s corporate responsibility programme focuses on promoting youth entrepreneurship, supporting vulnerable social groups, protecting the environment, promoting employee wellbeing and upskilling...

2000. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

2001. EU vessels will no longer have automatic access to UK fishing waters

The automatic right of EU vessels to fish in British waters, in accordance with the EU’s common fisheries policy, is to be ended under the fisheries bill introduced to parliament on Wednesday....

2002. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

2003. Democrats lay out case against Trump

Democrats planned to plow ahead on Thursday at President Donald Trump’s impeachment trial with their arguments for removing him from office, but Republicans showed no signs of softening their resistance to the Democratic case...

2004. Haftar tells Athens Turkey-Libya deal invalid

The agreement on maritime boundaries in the Mediterranean signed between Turkey and the Tripoli-based Government of National Accord is in violation of international law and is therefore invalid, Libyan military commander Khalifa Haftar said after a meeting with Greek Prime Minister Kyriakos Mitsotakis in Athens on Friday...

2005. Libya blames maritime tensions on Greece

Libya has slammed Greece in a recent letter to the United Nations, accusing Athens of refusing to play fair, while US State Secretary Mike Pompeo says he is taking on a new initiative to de-escalate Greco-Turkish tensions over maritime borders...

2006. Critics pounce on Ayia Napa verdict

The British teen who was found guilty of lying to Ayia Napa police about being raped is determined to take the case to the Supreme Court while the verdict has fueled even more debate in Cyprus and around the world...

2007. One driver dead, two injured over the weekend

A male driver was killed in a road accident on Saturday after he bumped into a parked vehicle while two women on Sunday were seriously injured when a wrong way driver caused an accident on the highway...

2008. EY helps establish ethical artificial intelligence systems

2009. Uncertainty reigns across international tax landscape

2010. Senior citizen dies in Limassol crash

A senior citizen was killed in a traffic accident on Thursday after her daughter lost control of the steering wheel and crashed into a tree in Limassol...