Search

1501. Cyprus on right path as cases drop

Confirmed cases of the coronavirus have been steadily dropping over the past few days in the Republic of Cyprus, with health experts praising the government for relying on science in the battle against the pandemic...

1502. 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...

1503. Tax alert: Cyprus

1504. Cooperation and Transparency Needed to Fight COVID-19

In today’s age of social media, it has unfortunately become normal to see false information reach a broad audience instantaneously through the Interne...

1505. State suspends foreclosures for 3 months, requests 10% reduction in electricity fees

The government on Wednesday agreed to request from the Cyprus energy regulatory authority a 10% cut on electricity usage charges for a period of three months, in view of providing some breathing space as the island traverses the Covid-19 health crisis....

1506. 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...

1507. CEOs: Drop in Optimism and Reversal of Sentiment

1508. Cyprus repays an IMF loan early, saving €13.4 million

The Republic of Cyprus fully repaid on Thursday an International Monetary Fund (IMF) loan, which had been granted to the country in the period 2013-2016....

1509. 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....

1510. Pressed in Syria, Turkey ups the ante in the East Med

1511. Police announce driving offences that can lead to license revocation

After the first days of February saw the first immediate revocations of the licences of two reckless drivers, the director of Traffic Police Yiannakis Georgiou on Tuesday specified the criteria that may land a driver a referral to the Road Transport Department for license revocation....

1512. Coronavirus emergency 'holds a very grave threat' for world, says WHO

China’s coronavirus outbreak poses a “very grave threat for the rest of the world,” the head of the World Health Organization (WHO) said on Tuesday in an appeal for sharing virus samples and speeding up research into drugs and vaccines, Reuters reported. ...

1513. Emerging tech can bolster Sustainable Development Goals

Two-thirds of the 169 targets underpinning the global Sustainable Development Goals could be bolstered by technological innovation according to a new study by the World Economic Forum and PwC...

1514. CABS: Bird poaching remains 'out of control' in Cyprus

Crime against wild birds in Cyprus remains out of control, the Committee against Bird Slaughter (CABS) reported on Thursday....

1515. Lagarde confident ECB will eventually buy Greek debt

The Greek economy continues to improve and chances are rising that the European Central Bank will eventually buy its debt under its asset purchase scheme, ECB President Christine Lagarde said on Thursday....

1516. Novel coronavirus: The profile of victims

The death toll from the coronavirus epidemic rose to 490 in China on Wednesday, when two US airlines suspended flights to Hong Kong after the first coronavirus fatality was recorded, and a cruise ship was quarantined in Japan after 10 passengers tested positive for the virus....

1517. Cyprus records lowest cancer-related deaths in EU

With 194 deaths for every 100,000 people, Cyprus recorded the least number of cancer-related deaths EU-wide in 2016....

1518. 1 in 10 employed persons in EU at risk of poverty

One in ten employed persons aged 18 years or over in the EU were found to be at risk of poverty in 2018, according to data published on Friday by Eurostat, the statistical service of the EU....

1519. One in five deaths in Cyprus tobacco-related

One of the leading causes of preventable mortality in Cyprus is death due to lung cancer, while one in five deaths is tobacco-related, Cyprus’ state of health profile, compiled by EU bodies, showed....

1520. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

1521. Coronavirus outbreak and fears spread

The World Health Organization is reconvening Thursday to decide whether the virus should be classified as a global health emergency, as an outbreak of a new coronavirus that began in the central Chinese city of Wuhan has killed 17 and infected nearly 600 people globally...

1522. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

1523. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

1524. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

1525. Businesses must address digital fatigue and consumer privacy

1526. CITR Cyprus calls for modern insolvency rules

1527. Uncertainty reigns across international tax landscape

1528. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

1529. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

1530. Cyprus tops the list of EU member states concerning absorption of EU Regional Development funds

Cyprus’ absorption capacity of EU Regional Development exceeded the EU average, Government Spokesman Prodromos Prodromou has said....