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811. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

812. Consumables suspected after cataract fail

Cypriot health officials are trying to find out what caused a serious infection to eight patients who had cataract surgery in Nicosia last week, with reports suggesting medical consumables may have introduced a dangerous bacterium that could cause loss of eyesight or worse...

813. Winter season a window of opportunity for tourism

With the tourism sector’s performance this summer having refuted even the most optimistic forecasts that were made, the question for tour operators is what more can be done over the next period to reduce the big losses. As such, everyone's attention has shifted to the winter period that begins next November and ends in March 2021....

814. Banks must prepare for a new cycle of NPLs due to Covid-19

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) told Cyprus commercial banks to prepare to face a new cycle of non-performing loans in 2021 due to the coronavirus pandemic....

815. KPMG Property Lending Barometer 2020

816. Tourism sector in Ayia Napa, Protaras records €15m loss in 2020

The tourism sector of the eastern coastal destinations of Ayia Napa and Protaras suffered losses estimated at €15 million during the current tourist season as a result of the stem in tourist arrivals against the backdrop of the ongoing coronavirus pandemic....

817. Ankara slams Greece-Egypt maritime deal

Ankara was caught off guard Thursday when a secret partial maritime agreement emerged between Athens and Cairo, with the Turkish foreign ministry calling the deal 'null and void'...

818. Cyprus orders new tests after Limassol spike

The government in the Republic of Cyprus is preparing for randomized tests across the island, after orphan cases began to emerge in Limassol where cases were also being detected through contact tracing...

819. Tourism minister tries to manage expectations

The tourism minister is managing expectations for the Republic of Cyprus after tour operators made clear they would send British tourists to countries where PCR tests were not required...

820. Moody's: Payment holidays shield Cyprus banks in 2020, but deterioration likely in 2021

Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...

821. Cyprus tourism gearing up for ‘British invasion’

The tourism industry in the Republic of Cyprus is fighting tooth and nail to minimize losses this year, with the tourism minister hinting at British arrivals in mid-July and hoteliers asking for specific dates to get ready...

822. A grim five years for Greek tourism

Greece may not repeat the tourism arrivals and revenues record of 2019 before 2025, according to an Ernst & Young report on the effects of the pandemic on Greek tourism, heralding a five-year crisis for the sector. This year alone the local industry is set to lose about 10 billion euros, it said....

823. Cyprus human egg trade market returns to spotlight

The illegal trade of human eggs in Cyprus returned to the limelight during this week’s House human rights committee, with MPs expressing concern over a growing market in which female students are prime targets....

824. Special needs home has close call with fire

Thirteen people were evacuated on Tuesday during a fire at a special needs residential facility in Larnaca, with officials saying a slight delay from first responders could have been deadly...

825. Preservation of jobs a priority, dep. government spokesman says

The government is determined to do everything in its power to prevent the loss of jobs, deputy government spokesman Panayiotis Sentonas said Friday....

826. EU bird populations on decline for decades, Eurostat shows

Bird populations in the EU have been declining for several decades, data released by Eurostat on Friday, that marked World Environment Day, showed....

827. No peace talks until mandate is renewed, Akinci says

Turkish-Cypriot leader Mustafa Akinci says that no progress can be made in reunification talks with the Republic of Cyprus if Turkish Cypriots in the breakaway north do not renew his mandate....

828. Students flock to schools, but many parents remain wary

As primary and middle school students returned to school classrooms on Thursday as part of the second phase of the relaxation of measures, Education Minister Prodromos Prodromou said that Cyprus as a whole has earned this ability to gradually return to normality, but reports signalled not all parents were thrilled with the idea of sending their children to school....

829. EU pushes to unlock borders as coronavirus ravages travel

830. Companies in Cyprus ready for the new norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

831. Cyprus GDP to suffer 'severe contraction' in 2020, projection shows

The University of Cyprus’ Economics Research Centre has projected that the country’s GDP is set to drop by 6.9% in 2020 under a baseline scenario and by 13.1% under an adverse scenario....

832. V-E Day marked the turning point towards a democratic, prosperous, and peaceful future

Today is the 75th anniversary of the Allied Victory in Europe in World War II - “V-E Day.” This is a day to remember and honor the shared sacrifice, enduring commitment, and unflinching bravery of the Allied forces and the underground movements in defeating Fascism in Europe. We also remember the immense sorrow and misery suffered by so many, and we recognize the bravery and sacrifice of tens of millions of civilians in the Second World War....

833. Half of Cyprus population unable to cope with unexpected expenses

Almost half (48%) of the populations of both Cyprus and Greece were unable to cope with unexpected financial expenses last year, data released by the European statistical service (Eurostat) on Tuesday showed....

834. Cyprus and Greece join to tackle tourism

The Hellenic Association of Travel & Tourist Agencies and the Association of Cyprus Travel Agents have agreed to submit a joint proposal to the governments of both countries for Cyprus and Greece to be considered a single area for tourism purposes...

835. 'Better Days Are Coming' campaign calls on tourists to visit Cyprus

A new campaign launched by the Deputy Tourism Ministry promises that ‘Better Days Are Coming’, calling on tourists to begin making plans to visit Cyprus, where idyllic landscapes and crystal clear seas will be waiting to greet them....

836. Police take good news with grain of salt

Police in the Republic of Cyprus say they remain vigilant during the pandemic lockdown, concerned that signals for a possible lift of restrictive measures could make people feel less obligated to comply...

837. World remains cautious over chloroquine

The US Food and Drug Administration is a step closer to a potential approval of chloroquine for treatment against Covid-19, while more doubts over the drug’s effectiveness and concerns over lethal side effects continue to pop up around the globe...

838. Government funds not unlimited, Finance Minister warns

Finance Minister Constantinos Petrides said Monday that the government does not have unlimited funds with which to support the local economy during these tough times....

839. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

840. NGOs raise alarm over inhumane conditions at overcrowded migrant camp

Two migrant and refugee support NGOs, Cyprus Refugee Council and Caritas Cyprus, have raised the alarm over the inhumane conditions that have developed in the Kokkinitrimithia camp, particularly since the coronavirus pandemic broke out on the island....