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271. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

272. Cyprus puts travelers from UK up in hotels

Cyprus’ health ministry rushed to clarify instructions for airports on Monday amid fears of a coronavirus mutation, saying a 7-day mandatory self-isolation for all adult travelers from the United Kingdom will take place in hotels with the state footing the bill...

273. Blame game in full swing after budget vote

The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...

274. 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....

275. COVID-19 to disrupt holiday shopping plans

276. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

277. EU criticizes 'hasty' UK approval of Covid-19 vaccine

The European Union criticised Britain's rapid approval of Pfizer and BioNTech's Covid-19 vaccine on Wednesday, saying its own procedure was more thorough, after Britain became the first western country to endorse a Covid-19 shot....

278. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

279. Cyprus reports 228 new coronavirus cases

Cyprus authorities announced that 228 new coronavirus cases were detected on Tuesday, when a whopping 8,887 tests were conducted, raising total cases detected so far to 7,513....

280. Moderna’s coronavirus vaccine nearly 95% effective, early data shows

For the second time this month, there’s promising news from a Covid-19 vaccine candidate: Moderna said Monday its shots provide strong protection, a dash of hope against the grim backdrop of coronavirus surges in the US and around the world. ...

281. Roadblocks as Cyprus cuts off two districts

Police say officers will man random checkpoints in Limassol and Paphos districts, both which have been ordered essentially isolated from the rest of the island, following new strict measures to combat a second wave of the coronavirus...

282. Pfizer, BioNTech say their Covid-19 vaccine is more than 90% effective

Pfizer Inc on Monday said its experimental vaccine was more than 90% effective in preventing Covid-19 based on initial data from a large study, a major victory in the fight against a pandemic that has killed over 1 million people, roiled the world’s economy and upended daily life....

283. 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...

284. PwC’s city resilience framework

285. Cyprus removed from UK's travel corridor

The British government has taken Cyprus off the list of travel exemptions, requiring travelers flying back from the island to the UK to self isolate for two weeks...

286. Cyprus losing control as cases hit triple digits

The Republic of Cyprus broke a new record on Thursday after 104 new coronavirus cases were confirmed, with authorities already fearing the worse as chains of infection are out of control...

287. EY and P&G expand COVID-19 alliance

EY announces an expanded alliance with P&G to transform and build supply chain resilience during and beyond the COVID-19 pandemic...

288. Masks mandatory in all indoor spaces as Covid flares

After the number of new coronavirus cases detected in Cyprus on Tuesday flew right off the charts, an emergency meeting between the health minister and the government’s coronavirus expert task force agreed to impose stricter rules, including the requirement to wear a face mask in all indoor spaces....

289. Microsoft plans $1 billion data center venture in Greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

290. Trump and wife Melania test positive

US President Donald Trump said on Friday that he and his wife Melania had tested positive for COVID-19 and were going into quarantine, upending the race for the White House...

291. Spanish FM stresses solidarity with Cyprus, importance of dialogue

Spain’s Foreign Affairs Minister Arancha González Laya expressed her country’s solidarity and support for Cyprus in the face of tensions with Turkey in the Eastern Mediterranean....

292. KPMG Property Lending Barometer 2020

293. Crowded migrant camp running out of options

Officials at Pournara migrant camp are scrambling to find more space to host asylum seekers, after it emerged that more than half of detainees at the Nicosia facility are under quarantine due to coronavirus measures...

294. New measures as clusters appear to be growing

Another dozen of new cases of the coronavirus included secondary contacts such as a person who got infected at a party earlier this month, with government agencies coordinating further measures by week’s end...

295. Cyprus welcomes Brits back amid spike

Five flights from British airports were scheduled to land in the Republic of Cyprus on Saturday, after the island listed the United Kingdom in Category B, which means arriving passengers are not required to be under self-isolation...

296. Cyprus scrambles to contain virus flare-ups

The government is expected to announce additional measures in response to fears over a second wave of the coronavirus pandemic, after known cases on Thursday, most of them in Limassol, remained in double digits for a second consecutive day...

297. Ireland ends quarantine for arrivals from Greece, Cyprus

Ireland has lifted its 14-day quarantine obligation for arrivals from Greece, Cyprus and 13 other countries and territories with a similar Covid-19 record to the Irish one....

298. Cyprus tones down tourism expectations

Cyprus Deputy Ministry for Tourism halved its target for tourist arrivals in August to 100,000 as main tour operators exclude Cyprus of their programmes...

299. Cyprus to draw over €2.7b from EU pandemic recovery fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

300. Anastasiades lauds France as a pillar of stability in EastMed region

In a period of immense challenges and illegal actions, the presence of the French naval force in the broader geographical region tangibly proves the readiness and determination of France to act as a pillar of stability in the region, while it sends a clear message to those who aim at escalating tensions by acting in an unacceptable way, Cyprus President Nicos Anastasiades said Monday....