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1801. 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....

1802. 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. ...

1803. 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...

1804. 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....

1805. 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....

1806. 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....

1807. 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....

1808. 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....

1809. 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....

1810. 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...

1811. 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...

1812. 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...

1813. 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...

1814. 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...

1815. Businesses must address digital fatigue and consumer privacy

1816. CITR Cyprus calls for modern insolvency rules

1817. Uncertainty reigns across international tax landscape

1818. 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...

1819. 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 ...

1820. 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....

1821. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

1822. EY climbs World’s Best Workplaces list

EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...

1823. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

1824. Social determinants undermine the progress of modern medicine

The rise in illnesses caused by our behaviours and the social determinants of health threatens to suffocate budgets in both wealthy and poor countries, while suppressing the power of modern medicine to improve lives...

1825. Group calls for golden years national plan

A group advocating for better conditions for people in their golden years is calling for a national strategy to combat abuse of senior citizens and improve their lives...

1826. Safeguards against climate change

Climate change has become the main concern of the younger generations, and it seems it is the main issue that can spur them into action. The great majority of young people used to be strangers to politics and protest. Now politics is entering their lives as they realize that the decisions of those who rule the world, whether it is politicians or corporations, will decide their own future. ...

1827. Patient accuses nurse of racist behaviour

A woman from North Macedonia says the behaviour of nurses at a medical centre in Nicosia was racist due to the patient’s place of origin...

1828. 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...

1829. Greek corporations rush to issue bonds amid record low yields

The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing. ...

1830. Overtaxation led to tax evasion

Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...