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841. 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....

842. 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....

843. 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....

844. 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....

845. 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...

846. 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...

847. 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....

848. 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. ...

849. Cabinet scraps bill for government loan guarantees

The Cabinet on Tuesday withdrew a bill that would allow the government to provide guarantees for loans to be given to businesses affected by the coronavirus pandemic....

850. Cabinet approves new bundle of support measures

The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak....

851. 'Tourism dogma' piques Israel’s interest

The Israeli tourism minister says his country is looking into the possibility of joining a safe zone for travel that is currently in the works between Cyprus and Greece...

852. We will defeat our shared pandemic enemy and rise stronger in its wake

The story of U.S. leadership in the global battle against Covid-19 is a story of days, months, and decades. Every day, new U.S. technical and material assistance arrives in hospitals and labs around the world. These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and planning that is unmatched in history....

853. 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...

854. Tax alert: Cyprus

855. 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...

856. 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...

857. 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....

858. 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...

859. 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....

860. 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....

861. 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....

862. 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...

863. 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...

864. Businesses must address digital fatigue and consumer privacy

865. Uncertainty reigns across international tax landscape

866. «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....

867. 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....

868. 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...

869. 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...

870. 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. ...