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241. Prices of construction materials up by 17.87% in November

The Price Index of Construction Materials for November 2021 recorded an increase of 17.87% compared to the same month of the previous year, according to data released Friday by the Statistical Service of Cyprus....

242. Hourly labor costs rise by 7.3% in Q3 2021

Cyprus hourly labor costs (total costs) rose by 7.3% year on year in the third quarter of 2021 following an annual rise of 17.1% in the previous quarter, the Statistical Service of Cyprus (Cystat) said on Thursday....

243. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1-Q3 2021

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 – Q3 of 2021....

244. The technology sector can become the new mainstay of the Cypriot economy

These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...

245. Germany readies its air force to transport covid patients to other parts of the country

Germany readied its air force to transfer COVID-19 patients from overwhelmed hospitals in the south as national case numbers rocketed and a new virus variant in South Africa caused widespread alarm....

246. Consumer Association calls on Consumer Protection Service to assume responsibilities

The Cyprus Consumer's Association calls on the Consumer Protection Service of the Ministry of Energy, Trade and Industry "to assume its responsibilities...

247. Social media enabling destruction of democracy

“It’s the enabler of the destruction of democracy. It’s the enabler of the destruction of the facts,” says the Filipino Nobel Laureate Maria Ressa...

248. The City of London Is Hiding the World’s Stolen Money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

249. KPMG in Cyprus announces partnership with RICS

KPMG in Cyprus and RICS have signed a collaboration agreement for the provision of services for the issue of the quarterly ''RICS Cyprus Property Price Index, with KPMG in Cyprus''....

250. Hellenic posts 21 million euro profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

251. Hospitalizations down but deaths still up

There has been a drop in hospitalizations in Cyprus but deaths attributed to Covid-19 were still high, along with post-recovery patients no longer infected but still intubated in state hospitals...

252. Another hot day with wind in the mix

A yellow warning went into effect on Friday with maximums reaching 40 degrees inland, but a feel factor could vary across different areas due to afternoon wind activity and humidity levels...

253. HMS Queen Elizabeth stops in Cyprus

Aircraft carrier HMS Queen Elizabeth, the largest warship ever built for the Royal Navy, arrived in the port of Limassol on Wednesday, a week after a maritime incident with Russia...

254. Boy loses finger in firecracker accident

A preteen boy in Larnaca was injured and partially amputated on Tuesday in a firecracker accident, after one of his peers threw a banger that landed in the victim’s hand...

255. Shipping Industry Cyprus - B2B Meetings with German Companies

256. Report shows numbers behind Limassol Covid headache

The positivity rate for Covid-19 is rising in Cyprus on a weekly basis, particularly in the Limassol district where it stands at 1.3%, according to the National Surveillance Report published Friday and containing data until March 16....

257. 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....

258. COVID-19 to disrupt holiday shopping plans

259. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

260. Cyprus takes another crack at COVID

President Nicos Anastasiades got personal in his address to the nation on Wednesday night, calling on citizens to do their fair share to stop the spread of the coronavirus while announcing stricter measures in all districts including a night curfew...

261. Coronavirus measures bring sharp drop in EU asylum applications

First-time asylum applicants in the EU recorded a sharp drop of almost 70% during the second quarter of 2020, mainly as a result of coronavirus emergency measures imposed by member states from March, Eurostat figures showed Wednesday....

262. Cyprus 'golden passports' under more scrutiny

A foreign investigative report says leaked documents from the Republic of Cyprus suggest the island’s government violated its own rules in granting “golden passport” citizenships, with Cypriot officials denying the accusations and raising credibility issues over the report...

263. Cyprus health ministry issues fresh epidemiological data

By August 11, a total of 1,278 coronavirus cases and 27 fatalities were in the Republic of Cyprus, with the case fatality rate standing at 2.1%, according to the Ministry of Health’s National Surveillance Report on coronavirus, published Thursday....

264. UNFICYP renewal invokes reactions

The United Nations Security Council unanimously adopted a new resolution on Tuesday, providing for the renewal of the mandate for the UN Peacekeeping Force in Cyprus for another six months while also invoking mixed reactions...

265. Week starts with high heat index and rain

A combination of a low pressure system and a warm air mass is still affecting Cyprus this week, with officials warning of extreme high temperatures along with chances of rain due to unstable air over the island...

266. 77% of Cyprus coronavirus cases in past fortnight imported

By June 30th, a total of 998 COVID-19 cases and 26 deaths (case fatality rate: 2.6%) were reported in the Republic of Cyprus....

267. Cyprus epidemiological report shows 84% of recent cases imported

A total of 985 COVID-19 cases and 25 deaths have been reported in the Republic of Cyprus until June 16, with the fatality rate standing at 2.5%, according to the national surveillance report on COVID-19 published on Thursday....

268. Cyprus launches second charm offensive

The Republic of Cyprus has published a second video in its “Better Days” campaign, with the tourism minister pushing for a way forward but at the same time also backing measures to reduce health risks...

269. New scheme to subsidize airlines conducting flights with low occupancy

Transport minister Yiannis Karousos on Wednesday announced a new scheme that will support airlines in view of stimulating passenger traffic....

270. Health experts on divided island compare notes

Health experts from the two communities on divided Cyprus are expected to touch base on Monday, leaving politics aside as scientists try to prepare officials for the reopening of crossings in the buffer zone...