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481. Covid: 3 deaths, 10,879 new cases in the last 7 days

Cyprus’ Health Ministry announced on Friday that 3 people passed away due to COVID-19 while the week between 24-30 June a total of 10,879 new cases were detected. The positivity rate now stands at 11.62%....

482. Herodotou: 'Interest rates should be increased gradually'

The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....

483. Increasing demand for mail-order abortion pills after SC ruling

Telehealth abortion providers have reported a surge in inquiries following the US Supreme Court’s ruling overturning Roe vs Wade, as the rapidly proliferating number of states banning terminations forces more women to turn to mail-order pills to end their pregnancies....

484. Minister urges traveling Cypriots to fly off-peak

Cypriots are being asked to postpone summer travel during the pick season in order to ‘help not only themselves but also the airlines and airports,' after a crisis in the aviation industry made a crash landing in Europe...

485. Average gross earnings increased by 6.8% in Q1 of 2022

The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....

486. Seniors in Cyprus remain skeptical of fourth shot

A spectacularly small number of people over 60 got their fourth COVID jab so far in the Republic of Cyprus, with the health ministry contemplating to lower the age threshold at a time while medical experts advocating for the vaccine are jumping ship on the immunity debate...

487. EU leaders tackle inflation, energy shocks from Russia’s war

A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....

488. Tourism stages comeback despite losses from Russian market

Tourist arrivals in Cyprus during May increased significantly compared to the same month of 2021, however, they were still lower compared to May 2019 and with obvious losses from the Russian and Ukrainian markets....

489. More than 7,000 new covid cases, 2 deaths recorded

COVID positivity rate hiked to 9.77% in Cyprus the period between 17-23 June, the Ministry of Health announced Friday. The figures showed 2 more deaths from COVID and 7,263 new cases while 47 patients are getting treatment in hospitals across the island....

490. Petrides: A new era of uncertainty

Uncertainty is the only certain thing in the new era we are entering, said Finance Minister Constantinos Petrides addressing the 14th Congress of the Free Trade Unions of Semi-Governmental Organizations (OHO-SEK)....

491. Concerns over increasing drugs trafficked through occupied side

Cyprus Drug Law Enforcement Unit (DLEU) on Thursday expressed concerns that drug dealers may be using Turkey to transport illegal substances to the occupied areas and then to the Cyprus Republic. This comes after drug traffickers needed to find other distribution channels following the start of the war in Ukraine....

492. Businesses will be allowed VAT deferment without penalties

The European Commission has approved a €20 million Cypriot VAT deferral scheme to support businesses affected by the coronavirus pandemic and the restrictive measures put in place to limit the spread of the virus....

493. Guterres: 'More direct contact between the two communities is needed'

UN Secretary-General Antonio Guterres has urged the leaders in Cyprus, President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar to encourage more direct contact and cooperation between the two communities, expressing his concern about the likelihood that the already difficult climate between the parties could worsen....

494. Consulco brought together London and Limassol

An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...

495. The end of an era as Revlon files for bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

496. Wooing migrant millionaires

Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year....

497. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

498. Gaston Taratuta from Argentina named EY World Entrepreneur Of The Year™ 2022

Gaston Taratuta, Founder and CEO of Aleph Group, Inc. was named EY World Entrepreneur Of The YearTM 2022 at an award ceremony held in Monte Carlo on Thursday, June 9....

499. Cyprus tourist arrivals reach 80% of 2019 numbers

Tourist arrivals in Cyprus during the period January-April 2022 have reached 80% of the numbers recorded in 2019, which was a record year for Cyprus tourism, the Deputy Minister of Tourism, Savvas Perdios, has said....

500. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

501. Cyprus feeling the effects of Russian flight ban

Cyprus' tourism industry is taking a huge hit from the lack of Russian and Ukrainian tourists, with an estimated loss of €600 million this year alone....

502. Immigrant arrivals will more than double in 2022

The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....

503. 110,000 monkeypox vaccines set to be shipped to the EU

The European Union has reached an agreement for the purchase of 110,000 monkeypox vaccines, the Commissioner for Health and Food Safety, Stella Kyriakidou announced....

504. Why are we all working so hard?

The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....

505. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

506. Cyprus to bring back bicycle patrols

Deputy Minister for Tourism, Savvas Perdios said on Friday the Ministry intends to re-launch the Tourist Police, a project involving bicycle patrols by police officers in tourist areas. The idea originally started back in 2019 but was put on hold due to the Covid-19 pandemic....

507. Eight new deaths from COVID in the past week

Eight deaths and 1,814 new COVID-19 cases were recorded between May 27 and June 3, Cyprus’ Health Ministry said on Friday....

508. Global IPO market experiences significant slowdown in Q1 2022

509. Mask-wearing man robs bank in Larnaca

A man wearing a COVID mask is believed to have robbed a bank in Larnaca district on Wednesday, the first official day when face coverings are no longer required in the Repubic...

510. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....