Search

1621. Livadia residents upset over 5G antennas

Local residents in Larnaca district have been mounting a campaign against the installation of a 5G antenna on the rooftop of a supermarket, accusing the telecommunications company of acting illegally...

1622. R&I ecosystems of Cyprus and Israel exchange expertise

Stakeholders of the Cyprus Research and Innovation ecosystem had the opportunity to gain a comprehensive view of Israel’s experience and expertise in the field of innovation and entrepreneurship, through a series of digital lectures that took place in January – February....

1623. Cyprus adopts color-coding for March opening of airports

Cyprus plans to reopen its airports with a color-coded health risk assessment from March 1, applicable to travelers from its main tourism markets and the European Union, authorities said on Wednesday....

1624. FinMin: Cyprus to reduce debt once pandemic normalises

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

1625. Cyprus to receive 69,403 AstraZeneca doses in February

Cyprus will receive 69,403 doses of the AstraZeneca vaccine in February, according to information provided by the company, the Ministry of Health said Friday....

1626. COVID-19 is adding new impetus to finance transformation

1627. EY welcomes Eleni Sofocleous as a Director in EY Cyprus’ Tax Practice

EY Cyprus, staying true to its commitment to building a better working world, always looks to reinforce its teams with the brightest talents. In this context, we are proud to announce that, as of 11th of January 2021, Eleni Sofocleous has joined EY’s Tax practice...

1628. 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....

1629. Cyprus puts national minimum wage on hold until full employment

The Cyprus government will launch a social dialogue for the implementation of the national minimum wage when full employment is reached, namely when unemployment is around 5%....

1630. Moderna vaccine arrives in Cyprus

The first batch of Moderna’s COVID-19 vaccines arrived in the Republic of Cyprus on Tuesday, as part of a European vaccination programme, with officials pinning their hopes on AstraZeneca which is not far behind...

1631. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

1632. Cabinet locked into partial lockdown

A partial lockdown is expected to go into effect in the Republic of Cyprus some time after Friday, when the President’s Cabinet will decide on new measures to fight further spread of the coronavirus through the end of the month...

1633. January approval for AstraZeneca vaccine by EMA unlikely

The European Medicines Authority (EMA) will most likely not be able to approve the Covid-19 vaccine developed by drug maker AstraZeneca and the University of Oxford in January, the watchdog's Deputy Executive Director Noel Wathion said....

1634. Britain and EU publish Brexit trade agreement

Britain and the European Union on Saturday published the text of a narrow trade agreement just five days before the United Kingdom exits one of the world’s biggest trading blocs in its most momentous global shift since the loss of empire ...

1635. First batch arrives in Cyprus

The first batch of vaccines reached Cyprus on Saturday, a day after Christmas, with a senior home and a referral hospital getting the first vaccinations on the island as early as Sunday...

1636. Folli Follie report unveils 17-year scam

The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers. ...

1637. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1638. 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...

1639. Milwaukee bridge lit in colors of Greek flag

Milwaukee’s Hoan Bridge was lit blue-and-white, the colors of the Greek flag, for a few hours on Tuesday evening in celebration of Giannis Antetokounmpo’s signing a five-year supermax extension with the local NBA team, the Milwaukee Bucks...

1640. Cyprus lays out eagerly awaited vaccination plan

The Republic of Cyprus’ eagerly awaited plan for the mass vaccination of its residents against the novel coronavirus was presented on Tuesday by the health minister and Dr Olga Kalakouta....

1641. 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....

1642. COVID-19 to disrupt holiday shopping plans

1643. 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. ...

1644. 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...

1645. 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....

1646. Pfizer-BioNTech seek EU emergency approval for Covid-19 vaccine

Pfizer Inc and BioNTech’s Covid-19 vaccine could be rolled out in Europe this month, the companies said on Tuesday after they applied for EU emergency approval for the shot...

1647. Moderna to seek US, EU authorization for vaccine on Monday

Moderna Inc will apply for US and European emergency authorization for its Covid-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said....

1648. 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...

1649. 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...

1650. New measures announced, 9pm curfew imposed islandwide

Health minister Constantinos Ioannou on Friday announced the Cabinet’s decisions on the new restrictions that will affect the Republic of Cyprus in December, with the starkest among them being an island-wide 9pm curfew....