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2731. New chapter in store for old Orphanides mall

The Bank of Cyprus is reportedly sounding out the government on a potential mega deal in west Nicosia, with ideas thrown around for the old Orphanides Mall to become a business centre or a medical facility...

2732. COVID-19 outbreak both a curse and a blessing

The coronavirus pandemic in Cyprus has come as both a curse and a blessing, as it forced authorities to move with unprecedented speeds toward a digital transformation, Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos said Thursday....

2733. 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...

2734. Cyprus extends flight ban but has a plan

Cyprus on Monday extended a ban on commercial flights into and out of the country until May 28 as the government considers ways to restore the country’s tourism industry to meet an anticipated swell in demand from vacationers eager to escape coronavirus lockdowns...

2735. 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....

2736. Lockdown brings striking drop in air pollution, energy demand

Pollution levels in Cyprus have plummeted as a result of restriction measures enforced amid the coronavirus outbreak, which brought a significant drop in traffic and electricity consumption, highlighting the benefits of pressing forward with sustainable transport and energy production solutions....

2737. Lifting restrictions signal progress, but concerns high over relapse

Health Minister Constantinos Ioannou said Wednesday that with the island moving toward recovering from the coronavirus outbreak, the gradual lifting of measures set to begin next week is a testament of the progress being made, but it also a source of intense concern over a potential relapse....

2738. Chloroquine hype begins to wane

More doubts over chloroquine emerged this week, with new studies pointing to high risks and a US top health official saying he was fired after being pressured to direct money towards the “game changer” drug...

2739. WHO: Coronavirus likely of bat origin, no sign of lab production

The World Health Organization (WHO) said on Tuesday that all available evidence suggests the novel coronavirus originated in animals in China late last year and was not manipulated or produced in a laboratory....

2740. Coronavirus cases rise to 716

An additional 20 people were confirmed positive for the virus on Wednesday after a bulk of 2,312 lab tests were conducted, bringing the total confirmed cases in the Republic of Cyprus to 716....

2741. 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...

2742. 'Long way ahead' as 33 more test positive for COVID-19

Coronavirus cases reached 695 in the Republic of Cyprus on Tuesday, when 33 more people tested positive for the virus after labs across the island conducted a whopping 1,703 tests....

2743. ExxonMobil puts Cyprus plans on hold

ExxonMobil's crucial drilling plans to confirm a large gas deposit south of Cyprus have been put on hold, with a local media report citing delays due to the coronavirus pandemic...

2744. Bill sparks kosher debate in Cyprus

Animal rights advocates are up in arms over a new government bill that would allow slaughterhouses in the Republic of Cyprus to incorporate kosher rituals, a procedure described by animal rights activists as inhumane...

2745. 20 Cyprus coronavirus patients to participate in drug clinical trial

20 coronavirus-positive patients currently being treated in Cyprus hospitals will participate in the third phase of clinical testing of the influenza antiviral drug Avigan, to evaluate its safety and efficacy against Covid-19....

2746. Israel-Cyprus medical cooperation and innovation in the time of coronavirus

The world’s population is currently facing a major crisis. Governments are taking drastic measures to curb the spread of the Coronavirus. The first priorities are to take preventive measures, to provide the best possible life saving medical care and to maximize the scientific capabilities to face the epidemic. Steps are taken also to minimize the economic impact....

2747. Man breaks quarantine in search of meds

Health officials in Cyprus were perturbed over an incident when a self-quarantined man infected with the Covid-19 disease went out to local pharmacies in search of chloroquine, an existing drug that is still open to debate around the world...

2748. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

2749. Cyprus okays drugs with one big caveat

The Cypriot health minister says a special committee is moving forward with procedures to make drugs available against the COVID-19 disease, while warning that no medicines have been approved for treatment of the novel coronavirus...

2750. Cyprus gets tougher with stricter bundle of measures

Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....

2751. China's ambassador responds to US criticism

The Chinese ambassador in Nicosia is firing back at US and media criticism over his country’s response to the coronavirus outbreak, adding that he believes Cyprus will win the battle against the coronavirus...

2752. Tax alert: Cyprus

2753. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact

2754. Cyprus evaluating effectiveness of chloroquine drug against coronavirus

A consultative committee of experts at the Cyprus Ministry of Health is evaluating the effectiveness against coronavirus of the drug chloroquine, used to treat coronavirus in China and widely available in Cyprus....

2755. SMS service 8998 back online

The SMS service 8998 was once again up and running on Thursday morning, with replies sent back almost instantaneously in both Greek and English...

2756. CyBC reporter interviews quarantined persons without safety precautions

A reporter for state broadcaster CyBC may be placed in quarantine after interviewing potential coronavirus cases in isolation in the Troodos mountains without taking personal protection measures. ...

2757. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

2758. Cap on purchases of antiseptic products enforced by several supermarkets

The Cyprus supermarket association said on Monday it was scrambling to persuade all supermarkets to enforce a cap on the amount of antiseptic products that may be purchased by each consumer in a bid to prevent the impending depletion of stocks....

2759. Food products imported from China safe for consumers

Scientific evidence obtained so far from European bodies and the WHO show that food products imported from China do not pose a health risk to EU citizens and by extension Cypriot consumers....

2760. Economic sentiment in Cyprus falls in February due to weaker business confidence in services

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....