https://knews.kathimerini.com.cy/en/news/lockdown-stance-not-clear-in-cyprus
The number of hospitalized patients being treated for COVID-19 in the Republic of Cyprus has reached dangerous levels, with experts and government officials under criticism for lack of decisive action during the holidays...
https://knews.kathimerini.com.cy/en/business/industrial-logistics-most-attractive-post-covid-19
Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...
https://knews.kathimerini.com.cy/en/news/pressure-mounts-on-eu-drug-regulator-to-approve-pfizer-vaccine
Europe's drug regulator is under increasing pressure to quickly approve the Covid-19 vaccine developed by US giant Pfizer and Germany's BioNTech, officials said, as inoculations get started in Britain and the United States....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/coronavirus-report-shows-nicosia-larnaca-situation-deteriorating
A new national surveillance report published and presented on Friday by the government’s health advisory committee showed Limassol and Paphos are making epidemiological progress, but Nicosia and Larnaca are presenting higher rates of coronavirus transmission.
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https://knews.kathimerini.com.cy/en/news/moderna-s-coronavirus-vaccine-nearly-95-effective-early-data-shows
For the second time this month, there’s promising news from a Covid-19 vaccine candidate: Moderna said Monday its shots provide strong protection, a dash of hope against the grim backdrop of coronavirus surges in the US and around the world.
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https://knews.kathimerini.com.cy/en/news/pfizer-biontech-say-their-covid-19-vaccine-is-more-than-90-effective
Pfizer Inc on Monday said its experimental vaccine was more than 90% effective in preventing Covid-19 based on initial data from a large study, a major victory in the fight against a pandemic that has killed over 1 million people, roiled the world’s economy and upended daily life....
https://knews.kathimerini.com.cy/en/news/over-200-000-tonnes-of-plastic-leaking-into-the-mediterranean-each-year
A new IUCN (International Union for Conservation of Nature) report finds that an estimated 229,000 tonnes of plastic is leaking into the Mediterranean Sea every year, equivalent to over 500 shipping containers each day. Unless significant measures are taken to address mismanaged waste, the main source of the leakage, this will at least double by 2040.
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https://knews.kathimerini.com.cy/en/news/thousands-of-drivers-fined-since-higher-penalties-enforced
Police have filed reports for over 2,360 traffic violations since October 1, when steeper penalties came into force as Cyprus scrambles to reduce its high rates of road deaths and accidents that are often the result of widespread reckless driving....
https://knews.kathimerini.com.cy/en/news/over-600-traffic-violations-reported-as-higher-penalties-kick-in
The first day of stricter penalties for traffic violations got off to a rocky start, with traffic police filing over 600 reports against drivers across Cyprus, with some drivers not taking their steep fines lightly....
https://knews.kathimerini.com.cy/en/news/coronavirus-measures-bring-sharp-drop-in-eu-asylum-applications
First-time asylum applicants in the EU recorded a sharp drop of almost 70% during the second quarter of 2020, mainly as a result of coronavirus emergency measures imposed by member states from March, Eurostat figures showed Wednesday....
https://knews.kathimerini.com.cy/en/news/banks-must-prepare-for-a-new-cycle-of-npls-due-to-covid-19
Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) told Cyprus commercial banks to prepare to face a new cycle of non-performing loans in 2021 due to the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/government-extends-support-schemes-until-end-october
The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....
https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms
It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...
https://knews.kathimerini.com.cy/en/news/cyprus-perturbed-over-russia-tax-move
Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...
https://knews.kathimerini.com.cy/en/news/cyprus-downgrades-greece-amid-virus-fears
Cyprus will introduce mandatory testing for all arrivals from Greece starting August 6, after many cases were detected during random tests from passengers returning from Greece in the last few days....
https://knews.kathimerini.com.cy/en/news/greece-says-its-ready-to-reimpose-restrictions
Greek authorities say they are ready to re-impose public and travel restrictions next week, warning that safety guidance for the coronavirus is being frequently ignored....
https://knews.kathimerini.com.cy/en/news/locals-find-hidden-hotel-rates
A report shows that booking some hotel rooms online in the Republic of Cyprus could end up costing more money, after locals discovered they could land better deals by calling a hotel directly...
https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says
Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-gearing-up-for-‘british-invasion
The tourism industry in the Republic of Cyprus is fighting tooth and nail to minimize losses this year, with the tourism minister hinting at British arrivals in mid-July and hoteliers asking for specific dates to get ready...
https://knews.kathimerini.com.cy/en/news/cyprus-epidemiological-report-shows-84-of-recent-cases-imported
A total of 985 COVID-19 cases and 25 deaths have been reported in the Republic of Cyprus until June 16, with the fatality rate standing at 2.5%, according to the national surveillance report on COVID-19 published on Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-shrunk-prison-population-by-16-as-covid-19-prevention-report-shows
Cyprus was among the Council of Europe’s member states that marked the largest decrease in prison population rates during the coronavirus pandemic, a special report on the impact of lockdowns on EU prison populations that was published Thursday showed....
https://knews.kathimerini.com.cy/en/news/new-scheme-to-subsidize-airlines-conducting-flights-with-low-occupancy
Transport minister Yiannis Karousos on Wednesday announced a new scheme that will support airlines in view of stimulating passenger traffic....
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-spikes-to-€24-5-billion-due-to-covid-19-crisis
Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....
https://knews.kathimerini.com.cy/en/news/market-sentiment-looking-up-finmin-says
Market sentiment is looking up, Finance Minister Constantinos Petrides said Tuesday after a broad meeting at the Presidential Palace between President Nicos Anastasiades and representatives of financial institutions....
https://knews.kathimerini.com.cy/en/news/finmin-delves-into-details-of-new-more-targeted-measures
Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....
https://knews.kathimerini.com.cy/en/news/cyprus-to-foot-the-bill-for-infected-tourists
The Republic of Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation on the eastern Mediterranean island nation...
https://knews.kathimerini.com.cy/en/news/president-unveils-new-stimulus-package
President Nicos Anastasiades announced on Wednesday a new set of measures to support tourism, businesses, and the self-employed workers that took a hit in the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/greece-to-welcome-germans-cypriots-israelis-in-first-wave-of-visitors
Greece will allow travelers from around two dozen countries including Germany, Cyprus and Israel to visit from mid-June without having to be quarantined, government officials said, part of a gradual easing of coronavirus lockdown restrictions....
https://knews.kathimerini.com.cy/en/news/greek-economy-to-get-multi-billion-euro-lifeline
Prime Minister Kyriakos Mitsotakis will announce steps to revive the economy in a televised address on Wednesday. These steps will be mainly focused on tourism but will also concern other sectors affected by the coronavirus pandemic. ...
