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631. Coronavirus’ impact on local businesses

The organisation’s experts discuss the developments and analyse the measures that need to be taken to address the challenges...

632. Loan payments to be suspended for nine months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

633. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

634. Trump declares coronavirus outbreak a national emergency

President Donald Trump said Friday he was declaring a national emergency -- "two very big words" -- to free up $50 billion in federal resources to combat coronavirus, part of a raft of new measures Trump hopes can bring a roiling health crisis under control....

635. President: Partial lockdown of airports, schools to remain closed until April 10

President Nicos Anastasiades addressed the nation on Friday night after the week saw cumulative confirmations of coronavirus cases across the divide....

636. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

637. Wave of vehicle arson under investigation

A car bomb went off outside a residence at a village in Paphos, while a vehicle parked outside an apartment building went up in flames in Limassol...

638. Bomb squad called out to Larnaca

A death threat message scribbled onto a cardboard box was found in Larnaca after members of the bomb squad were called out to examine a suspicious package...

639. Cyprus and 8 EU countries object to new rules of mobility package on commercial vehicles

Implications of a new rule included in the EU mobility package currently under negotiation, whereby commercial vehicles, lorries, and trucks will be required to return to their licensing Member State every eight weeks, were raised on Wednesday by Transport Minister Yiannis Karousos and several of his counterparts to the Commission Vice President and Commissioner for Transport....

640. Athens drafts package to ease tension with Anakara

Athens plans to present a package of proposals to ease Aegean tensions in talks with Ankara on confidence building measures on February 17-21....

641. Businesses must address digital fatigue and consumer privacy

642. Cypriot police zero in on ‘ecstasy warehouse’

Cypriot police were said to be zeroing in on a possible location in Limassol, where 645 kilos of ecstasy are believed to have been stashed inside barbeque grills that were exported and later seized by authorities in Australia...

643. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

644. Ecstasy in Cypriot BBQs seized 'down under'

Australian police have arrested two men for allegedly smuggling 645 kilos of ecstasy hidden inside hundreds of aluminium barbecues, the culmination of a six-month investigation spanning three countries ...

645. EastMed bill squeezed through federal budget

US Senator Bob Menendez on Monday applauded a bipartisan deal on federal government spending that is comprised of 12 appropriations bills, including legislation shaping American strategy in the Eastern Mediterranean...

646. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

647. Thomas Cook goes bust

The world’s oldest travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded around the world including Cyprus ...

648. Britain's Thomas Cook scrambles for £200 million to avert collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

649. British Airways flights to Cyprus on hold

British Airways flights to Cyprus are said to be on hold due to one of the airline’s biggest strikes, with more action expected in the future if no deal is reached...

650. Woman still wanted in Larnaca travel scam

Police are asking members of the public to help locate a Larnaca woman who is wanted in connection with a suspected travel scam...

651. Cocaine found on Cypriot-flagged ship

Twenty-two seamen on board the Cyprus-flagged UBC Savannah have been detained in Mexico on suspicion of illegal drug trafficking...

652. Drug squad arrest Limassol businessman

Police arrested a local businessman in Limassol in connection with a drug bust earlier this year, following on new witness testimony in the case...

653. Deutsche Bank axes 18,000 jobs

654. EU considers German, Belgian ministers for posts

European Union leaders are considering a list of top job candidates that would have German Defense Minister Ursula von der Leyen become president of the executive European Commission and Belgian Prime Minister Charles Michel the head of the European Council....

655. EY Cyprus announces four new Partners

EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...

656. Lira falls as Washington weighs sanctions against Turkey

657. Latchi diver finds hash underwater

A local diver had to call the police on Monday after discovering one kilo of hashish under water in Latchi...

658. CBC ready to examine ambiguities in AML laws

659. Greek PM unveils tax, pension relief measures ahead of elections

Greece’s lefist Prime Minister Alexis Tsipras on Tuesday unveiled additional tax and pension “relief measures,” weeks before a European Parliament election....

660. Tourism Minister says Brexit extension to affect holiday prices