Search

361. Seniors in Cyprus remain skeptical of fourth shot

A spectacularly small number of people over 60 got their fourth COVID jab so far in the Republic of Cyprus, with the health ministry contemplating to lower the age threshold at a time while medical experts advocating for the vaccine are jumping ship on the immunity debate...

362. Turkey's fiscal cooperation with occupied areas unacceptable

Cyprus President Nicos Anastasiades intends to send letters to the UN Secretary-General, the EU, the guarantor powers and the US to inform them of the illegal protocol of economic and fiscal cooperation Turkey has signed with the regime in the island’s occupied areas....

363. Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl

Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....

364. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

365. Staff shortages lead to travel chaos at European airports

Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....

366. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

367. Female tourists wanted after hospital incident

Police are investigating an incident in Paphos where a situation at the hospital got out of hand after three female tourists described as intoxicated had an altercation with nursing staff and an officer on duty...

368. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

369. Global IPO market experiences significant slowdown in Q1 2022

370. Industrial prices soar by 19.5% in Cyprus

Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....

371. Masks no longer required indoors or outdoors as of today, June 1st

As of today, the use of protective masks in indoor and outdoor areas will not be obligatory. Moreover, all Covid-related measures will be lifted in ports and airports in the Republic of Cyprus....

372. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

373. Masks no longer required in indoor spaces as of June 1st

Masks will no longer be required in indoor spaces as of June 1st, according to an announcement today from the Ministry of Health....

374. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

375. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

376. Cacophony emerges as Cyprus stalls foreclosure bills

The finance ministry in the Republic of Cyprus is scrambling for new ways to overcome an awkward impasse on two crucial foreclosure bills, after opposition parties blamed the administration for not doing enough to have the European Commission go along with amendments to protect bad loan guarantors...

377. Zeta Emilianidou suffers brain aneurysm (update)

The Minister of Labor and Social Insurance, Mrs. Zeta Emilianidou, suffered a brain aneurysm last night and was transported to a hospital in Athens where she is currently undergoing surgery, according to a statement from the Presidency....

378. Petrides: 'Things will be difficult in the coming years'

The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....

379. More flights and more destinations from Larnaca and Paphos this summer

Hermes Airports unveiled its Summer 2022 flight schedule to/from Larnaca and Pafos airports marking the return of various connections to and from Cyprus....

380. First ever publicly financed equity fund will benefit Cyprus startups

The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...

381. Cyprus and EU economies facing a 'twin problem' following the war in Ukraine

The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....

382. Homeless dog who comforted troops in Kosovo being re-homed in US

A homeless dog that brought comfort to U.S. soldiers overseas will now get a chance to live a cozy life in America with one of those soldiers....

383. 'The Cypriot economy must be diversified'

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....

384. US tourists flock to Greece

Indications are growing that tourism from the US in Greece this year will approach the levels of 2019, and even exceed them if the international geopolitical uncertainties are lifted....

385. Cyprus abolishes flight pass and country categorizations

As of April 18, 2022, travelers will no longer be required to fill out the Cyprus Flight Pass when entering Cyprus. The move comes after tourist organizations called on the government to abolish the Flight pass, noting that Cyprus would be left behind other countries that had already made the move. ...

386. Cyprus growth expected to ‘slow sharply’

Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...

387. Bruce Willis stepping away from acting due to brain disorder

Bruce Willis is taking a break from acting due to a brain disorder called aphasia, "which is impacting his cognitive abilities," his family announced Wednesday....

388. Lagarde: Cyprus will be affected by inflation and rising energy costs

Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....

389. Ministers point out the need for 'the Cyprus experience' in tourism

There is a need for quality tourism in Cyprus as well as one that can be resilient in the face of a continuing crisis, ...

390. Study: Microplastics found in human blood for the first time

Microplastics – tiny pieces of plastic less than 0.2 of an inch (5mm) in diameter – have been found in human blood for the first time....