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421. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

422. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

423. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

424. 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...

425. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

426. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

427. Trump's medical status unclear

President Donald Trump could be discharged from the hospital where he is being treated for COVID-19 as soon as Monday, according to his doctors, although his condition remains unclear and outside experts warn that his case may be severe...

428. 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....

429. KPMG Property Lending Barometer 2020

430. 22.3% of Cyprus population at risk of poverty in 2019

The most recent European Statistics on Income and Living Conditions (EU-SILC) 2019 survey shows that 22.3% of the Cyprus population, that is 194,400 persons, are living in households that are at risk of poverty or social exclusion....

431. Health Minister issues call to Cyprus public to remain vigilant

Health Minister Constantinos Ioannou called on the Cyprus public to stay vigilant and to continue taking personal protection measures as coronavirus is still among us, warning that we will remain unprotected until a vaccine is found....

432. 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.”...

433. Five new support schemes announced as Cyprus enters recovery stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

434. Businesses pursue strategies for turning challenges into opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

435. 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...

436. President gives thanks to nurses and midwives

President Nicos Anastasiades expressed the government’s and his own “deep gratitude” toward nurses and midwives for their valuable contribution in protecting the public’s health....

437. To wear or not to wear

Recommendations on the use of face masks vary in the Republic of Cyprus, in the midst of a full-blown coronavirus pandemic, with members of the public essentially making that call based on the latest information they can find...

438. Make or break week for Cyprus

A critical yet less understood group of asymptomatic carriers of the coronavirus could make or break the case against lifting restrictive measures during Greek Orthodox Easter in the Republic of Cyprus...

439. Cyprus enterprises rank fourth in EU for social media use

Cyprus ranked fourth among the EU 27 in the number of enterprises using at least one type of social media in 2019, recording a hike of 20 per cent since 2014....

440. Disabled persons do not have equal access to TV, report shows

Cyprus television stations are failing to ensure that disabled persons receive equal access to their audiovisual services, despite being required to do so by law...

441. Friday the 13th to sort it all out

Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock...

442. Johnson vows to stay put to hit Oct. 31 Brexit deadline

Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31. ...

443. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

444. Oil surges after attack on Saudi oil facilities

Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply. ...

445. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

446. Two new recycling and composting programmes in Limassol

Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it. ...

447. David Harris: US closer to Greece, Cyprus, Israel

Washington recognizes Greece’s strategic value and reliability as an ally, attributes that only grow stronger as doubts deepen over Turkey’s stance, American Jewish Committee (AJC) CEO David Harris tells Kathimerini in an interview...

448. A wise verdict

The Greek people voted wisely, as they have done in the past. They have given Kyriakos Mitsotakis a comfortable majority and a strong mandate. A percentage so close to 40 percent is unprecedented in the years of the crisis, as is a government with an outright majority. ...

449. ND maintains 9 point lead over SYRIZA in opinion poll for Skai

Just over a week before snap general elections, center-right opposition New Democracy is nine percentage points ahead of leftist SYRIZA, according to the results of a new opinion poll carried out by Pulse for Skai....

450. The silent vote