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2581. 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'...

2582. Cyprus tries to find footing in tourism chaos

Tourism deputy minister Savvas Perdios remained optimistic after a trip to Moscow, saying he hoped Russia would allow the resumption of chartered flights to destinations including Cyprus in a matter of weeks, but he also reiterated his position that all the efforts in Nicosia still depended largely on decisions in other capitals...

2583. 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...

2584. Cyprus checks more items off relaxation list

Further easing of COVID restrictions went into effect Tuesday in the Republic of Cyprus, with daily cases remaining very low but a night curfew still remains in place until middle of next week...

2585. Cypriot voters elect new Parliament

Voters in the Republic of Cyprus head to the polls on Sunday to elect a new House of Representatives, following a highly contested and unusual campaign that has been affected by the coronavirus pandemic...

2586. 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...

2587. Cyprus closer to normality and freedom

A mere 69 coronavirus cases were announced on Wednesday as COVID deaths became less frequent in the Republic of Cyprus, with a positivity rate down to 0,17% prompting authorities to announce the next step of easing pandemic restrictions...

2588. Fact sheet puts US-Cyprus ties at historic high

The US State Department’s latest fact sheet on the Republic of Cyprus heralds a bright future of cooperation between the countries, with relations between the superpower and the island nation described as being at a historic high...

2589. 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...

2590. EY: Liquidity-fueled IPO markets break records in Q1 2021

2591. Police still busy as Cyprus relaxes further

Safe Pass in the Republic of Cyprus is not needed for outdoor venues including restaurants and coffee shops as of Monday, when new relaxation measures went into effect that also shortened a night curfew imposed amid the pandemic...

2592. Cyprus police keep eye on Israeli interests

Police in Cyprus are taking precautionary measures to secure Israeli interests on the island, after tensions in the Israeli-Palestinian conflict spiraled out of control this week...

2593. Citizens not trusted with Covid self tests

Home test kits for COVID-19 are helping many countries detect infections while reducing long lines outside testing centers, but over-the-counter testing has not been incorporated in the Republic of Cyprus where officials remain reluctant over trusting private citizens with the results...

2594. Threedium sets sights on US market: A Cyprus Success Story in the Making

In April of 2017, five ambitious tech enthusiasts fresh out of university, of whom two were Cypriot, had a vision: to bridge the gap between online and in-store experiences by building a solution that would help customers better understand and evaluate the products they were browsing to buy...

2595. Minister defends laxer policy for tourists

Cypriot Deputy Tourism Minister Savvas Perdios says CyprusFlightPass is a sufficient tool for monitoring foreign travelers during their visit on the island, dismissing criticism that locals are having a harder time securing a CoronaPass to enjoy fewer restrictions...

2596. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

2597. 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...

2598. Minister upset over video at vaccination facility

An increase in vaccine appointments was a welcome change of pace in the Republic of Cyprus this week, but the health minister had to call on citizens not to show up too early after reports of crowds in Limassol forming long lines out of fear that supplies wouldn’t last...

2599. Ministry issues reminder of Easter weekend exceptions

With Easter weekend around the corner, the Health Ministry issued a reminder on the small exceptions to lockdown measures for Holy Saturday and Easter Sunday, but called on the public to celebrate safely and in adherence with measures in place as efforts continue to lower daily cases and hospitalisations....

2600. Cyprus scrambles on eve of third lockdown

Cyprus' Health Minister Constantinos Ioannou has announced a two-week lockdown starting Monday, including a revision for Holy Saturday midnight mass after Archbishop Chrysostomos cried foul over rules that were 'unacceptable'...

2601. Decisions on hold as Palace summons experts

The President’s Cabinet failed to reach a decision on pandemic measures following intense debate on Thursday afternoon, with reports saying an announcement was pushed back a day to give health experts time to visit the Palace for more consultations...

2602. US slaps ‘do not travel’ label on Cyprus

Health authorities in the United States have issued a “Do Not Travel” warning for Cyprus earlier this week, warning US citizens against visiting the island due to high level of COVID-19...

2603. Holy Moly ahead of Holy Week decision

The President’s Cabinet is expected on Thursday to announce a way forward ahead of Greek Orthodox Holy Week, with the health minister not favoring tougher pandemic measures but also warning a lockdown was not off the table...

2604. Experts tell government not to relax this Easter

Cyprus registered a record number of COVID-19 cases on Tuesday, reaching 941 and the numbers are only expected to increase, according to a local health expert...

2605. Minister says Cyprus facing ‘fragile situation’

Cypriot Health Minister Constantinos Ioannou is urging people to comply with health measures, saying the epidemiological outlook in the country remains fragile and the situation could get out of control...

2606. Jiu Jitsu director says Cyprus losing out

The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...

2607. Vaccine registration website crashes again

The state’s vaccine registration website crashed again Thursday morning just moments after it went live, raising questions over the online process despite reassurances that capacity problems had been fixed last week...

2608. 2021 KPMG CEO Outlook Pulse Survey

2609. Ministry says Cyprus under new wave of hospital admissions

The number of coronavirus cases being detected in Cyprus has been rising consistently over the past two weeks, while hospitals have also seen increasing numbers of patients under 60 being admitted, a new national surveillance report published Friday showed. ...

2610. Endangered Mediterranean Monk population marks record jump

The local population of the endangered Mediterranean Monk (monachus monachus) seal has seen a significant increase as a result of the protection measures being implemented over the past years, Environment Minister Costas Kadis said Thursday....