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3031. Parents cry foul over quarantine decision

Parents of Cypriot students in the UK protested against the government’s latest quarantine measures, saying their children were not given a heads up to decide whether to travel and isolate in a hotel or stay put over the holidays...

3032. 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....

3033. Nicosia takes lead in number of new coronavirus cases

Over half of the new coronavirus cases detected during the first two weeks of December were Nicosia-based, the new national surveillance report published Friday showed, while December has already broken the record in the highest numbers of coronavirus fatalities in any given month....

3034. 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...

3035. Cyprus calls on Egypt to assist in persuading Turkey to shift intransigent stance

Cyprus President Nicos Anastasiades has asked the Egyptian government to exert every effort towards persuading Turkey to alter its intransigent stance and to reverse its unilateral and provocative actions, in view of ultimately easing of tensions in a consistent and sustained manner, allowing the cultivation of a climate that is conducive to facilitating the resumption of the peace process....

3036. 5G bidding process wraps up, first licences in January 2021

The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....

3037. New Chinese Ambassador hails deepening relations with Cyprus

China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....

3038. Cyprus to begin vaccinations on December 27

Vaccinations in Cyprus will begin in unison with other EU member states on December 27 following approval by the European Medicines Agency (EMA)....

3039. EY Cyprus sponsors 3rd Anti-Fraud Conference

EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...

3040. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

3041. AstraZeneca hitches ride with Russia's Sputnik in vaccine race

AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....

3042. Cyprus President 'absolutely satisfied' with EC Conclusions

President Nicos Anastasiades expressed absolute satisfaction with the Conclusions of the European Council regarding Turkey’s activities in the Eastern Mediterranean....

3043. Safety first, EU Health Commissioner says regarding vaccines

European Commissioner for health and food safety, Stella Kyriakides, said that no compromises on the safety of vaccines will be made, stressing that the European Medicines Agency (EMA) will not be authorizing any coronavirus vaccine without a rigorous scientific evaluation. ...

3044. COVID-19 to disrupt holiday shopping plans

3045. Cyprus, Greece and Jordan to step up cooperation

Cyprus, Greece and Jordan vowed Tuesday to further enhance their trilateral cooperation, which will cover defence and security issues as well as economic and trade cooperation....

3046. Turkey ‘threatening peace', Greek FM says during Cyprus visit

By its continuing actions in the Eastern Mediterranean, Turkey is “threatening peace, security and stability” in the region, Greek Foreign Minister Nikos Dendias said on Friday during a visit to Nicosia....

3047. EU, Greece sign agreement for new migrant center on Lesvos

The European Commission on Thursday signed a memorandum outlining a detailed plan agreed by Greek authorities and EU agencies to establish a new, up-to-standard reception center on the island of Lesvos by early September 2021. This is a key step in resolving the situation following the fires that destroyed the Moria camp in September. It is the result of the work of European Taskforce that was created at that time....

3048. Disconnect on ethical AI priorities between public and private sectors

In the survey of 71 policymakers and more than 280 global organizations, respondents ranked ethical principles by importance for 12 different AI use cases, and sentiment was measured around the risk and regulation of AI...

3049. 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...

3050. Cyprus calls on Turkey to engage in maritime zone delimitation talks

In an interview with the UAE television channel Alarabiya, defence minister Charalambos Petrides called on Turkey to accept the Republic of Cyprus’ invitation to engage in talks in view of reaching an agreement over the delimitation of the contested maritime zones between the two countries, or alternatively refer the issue to the International Court of Justice....

3051. Biden to hit ground running with Greek pick

Greek-American political advisor and communications expert Jen Psaki has been named press secretary in US President-elect Joe Biden’s new all-female White House communications team...

3052. Customised solutions: Our expertise can help the hotel sector recover

APC Audit Tax Advisory Ltd and CITR Cyprus Ltd, have decided to join forces to offer a complete package of services to Cypriot Hoteliers, which will contain the vital innovative and customized solutions that are necessary, in order to properly deal with the evolving pandemic...

3053. EU says first virus vaccinations possible by Christmas

A top European Union official said Wednesday that the first citizens in the 27 nation bloc could be vaccinated against the coronavirus by Christmas, but she warned that member countries must urgently prepare their logistical chains for the rollout of hundreds of millions of doses of the vaccines....

3054. 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...

3055. North changes rules for crossings

Experts monitoring the coronavirus pandemic in the north issued new rules for people wishing to cross from the south after positive cases were detected among Greek Cypriots in the Karpas peninsula....

3056. Greece, UAE commit to mutual defense assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

3057. Biden key pick emerges

US president-elect Joe Biden is expected to nominate veteran diplomat Antony Blinken as his secretary of state, making good on a promise to restore EU-US relations and take a more active role on the global stage but also planting many unknowns in regards to Turkey...

3058. Coronavirus report shows Nicosia, Larnaca situation deteriorating

A new national surveillance report published and presented on Friday by the government’s health advisory committee showed Limassol and Paphos are making epidemiological progress, but Nicosia and Larnaca are presenting higher rates of coronavirus transmission. ...

3059. Cyprus shoots its shot in race for vaccine

As the Republic of Cyprus expects to get one million of doses of the COVID-19 vaccine, President Anastasiades is calling for “common standards” as fierce competition overseas paints a gloomy picture on how countries go about to secure vaccinations for their citizens...

3060. Turkey’s behavior ‘widening its separation’ from EU, Borrell says

Turkey’s rhetoric on Cyprus is aggravating tensions with the European Union and Ankara must understand that its behavior is “widening its separation” from the 27-nation bloc, EU foreign policy chief Josep Borrell said on Thursday....