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571. EY and IIF survey shows climate change top concern for banks

572. Hospitalizations down but deaths still up

There has been a drop in hospitalizations in Cyprus but deaths attributed to Covid-19 were still high, along with post-recovery patients no longer infected but still intubated in state hospitals...

573. Cops up their game in safe pass checks

Police officers in the Republic of Cyprus have been instructed to examine Safe Pass documents more closely if they suspect a document might be fake, while violators could face up to three years in prison...

574. Cypriot government toughens Safe Pass rules

The Cabinet announced on Friday that new pandemic rules will apply on Monday, including a greater number of shops out of reach for people without a Safe Pass and follow up rapid or PCR tests checks for foreign visitors who are not vaccinated...

575. Lack of data stymies booster shot debate

Discussion in Cyprus over the possibility of a COVID booster shot ahead of the flu season is still up in the air, with the debate prompting officials to break an embargo on vaccination data of hospitalized patients and reveal that half of the older adult and elderly were vaccinated...

576. Safe Pass for supermarket made official

Grocery shoppers in the Republic of Cyprus may no longer shop at a supermarket if they do not have a Safe Pass, based on the latest decree published on Monday by the health ministry affecting all domains of social life in response to last week’s surge in daily infections...

577. Cyprus targets young adults with alms for jabs

The Cypriot government is expected soon to announce incentives that would encourage young people to get vaccinated, while subsidized hotel stays for those who got the jab begin later this week...

578. Cyprus raises bar for sake of normality

The President’s Cabinet in the Republic of Cyprus has added a few finishing touches on its latest Safe Pass measures as daily COVID cases continue to rise, with the government allowing more flexibility for businesses willing to cater to people who are vaccinated...

579. EU chief visits Cyprus after deadly fire

European Commission President Ursula von der Leyen is on a visit to Cyprus to boost post-pandemic recovery efforts, but the EU chief also grabbed an opportunity to tell a local community affected by last weekend’s deadly fire that Europe was at their side...

580. Cyprus awaits endorsement during Ursula visit

European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...

581. Cyprus rolls out ‘jab discount’ for hotel stays

Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...

582. Cyprus joins EU’s digital covid certificate

The Republic of Cyprus on Thursday joined other EU countries already accepting an EU-wide Covid certificate for easier travel, amid coordination challenges amongst members and a rampant Delta variant around the world...

583. Cyprus airports to accept EUDCC on July 1

The Cabinet that convened Wednesday, amended the Action Plan for the operation of airports to include the EU Digital COVID Certificate which will be issued by the EU Member States, as well as by the countries of the European Economic Area and by the Switzerland...

584. President focused on agenda after reshuffle

Cypriot President Nicos Anastasiades says this week reshuffle of his Cabinet will serve the government agenda, while blaming the opposition for his coalition-style approach falling flat...

585. Lute back at it again in Cyprus

UN envoy Jane Holl Lute is back on the island to hold separate discussions on Tuesday with the two Cypriot leaders, just days before the seasoned diplomat’s boss is expected to run shoulders with President Nicos Anastasiades in Brussels...

586. Minister urges COVID survivors to get jabbed

Health Minister Constantinos Ioannou is calling on COVID survivors in the Republic of Cyprus to get vaccinated, saying vaccines offer protection...

587. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

588. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

589. Cyprus jumps the gun on Sinopharm

Travelers who have been inoculated with Sinopharm can now visit freely the Republic of Cyprus, but it is up to other EU member states to accept the Chinese vaccine if the latest draft version for a COVID certificate is adopted in Strasburg next month...

590. EY: Liquidity-fueled IPO markets break records in Q1 2021

591. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

592. Cabinet under pressure to modify safe pass

There are reports of second thoughts over the scope of Cyprus’ safety pass with Kathimerini reporting that grievances within the hospitality industry have reached the Presidential Palace, putting enormous pressure on the health minister to water down rules pertaining to restaurants...

593. Cyprus ends lockdown with safe pass

A third lockdown in the Republic of Cyprus ended on Sunday as new measures went into effect Monday including a controversial safety pass, with the government betting on a slight improvement as it pushes for gradual return to normality...

594. CoronaPass tricky for some COVID survivors

People and businesses in the Republic of Cyprus were still waiting Friday for an official decree after Cabinet approval for a controversial CoronaPass, but COVID survivors with antibodies could have a hard time proving immunity after the health ministry said it would not accept self-test or home kits...

595. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...

596. Holy Moly ahead of Holy Week decision

The President’s Cabinet is expected on Thursday to announce a way forward ahead of Greek Orthodox Holy Week, with the health minister not favoring tougher pandemic measures but also warning a lockdown was not off the table...

597. 2021 KPMG CEO Outlook Pulse Survey

598. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

599. Ioannou: Matter of time until health system brought to its knees

Health Minister Constantinos Ioannou warned Wednesday that if the current trend of rising new cases and hospital admissions continues, it will only be a matter of time until the healthcare system is brought to its knees....

600. The bet that Cyprus is winning

The decision taken yesterday by Germany’s Standing Committee on Vaccination (STIKO) to allow the administration of the AstraZeneca vaccine to those aged over 65 years old was met with strong reactions domestically due to the bad reputation built up for the vaccine by the early statements of German officials on the efficacy of the specific jab....