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691. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

692. Turkish drones on Cyprus pose flight risks

A Turkish drone base in the breakaway north of ethnically divided Cyprus could increase safety risks for thousands of commercial flights ...

693. Iconic actor Jean-Paul Belmondo has died.

Jean-Paul Belmondo, an undisputed star of France's New Wave cinema has died. He was 88....

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

695. Cypriot experts on board with third dose

The Cypriot government will take a political decision this week on a proposal to start administering third COVID-19 vaccine doses ahead of the flu season in response to the Delta variant threat that emerged sooner than expected during the summer...

696. 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...

697. Putin wants UN guarantees for Cyprus

Russian President Vladimir Putin says breaches of UN resolutions on Cyprus are 'inadmissible' in a letter response to his Cypriot counterpart, adding that Moscow backs a federation-based settlement and calls for all permanent members of the Security Council to take on guarantees for the island...

698. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

699. New EMA warning over AstraZeneca shot

The EU drug regulator is recommending that people who have had a rare blood vessel syndrome are not immunised with AstraZeneca’s Covid-19 vaccine...

700. US lowers travel risk for Cyprus

The CDC in Atlanta has issued new travel advisories lowering the threat of COVID-19 in many destinations including Cyprus, prompting the State Department to change its advisory for the island from 'do not travel' to 'reconsider travel'...

701. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

702. 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...

703. Cyprus adopts restrictions for AstraZeneca

The Republic of Cyprus is adopting age restrictions for the AstraZeneca vaccine, following a fatal blood clot incident and intense debate amongst health experts, with the decision coming just hours after the health minister had warned he would seek answers abroad if the advisory team failed to deliver a solid recommendation...

704. Vaxxed woman in Cyprus dies from blood clot

A British woman passed away on the weekend while she was receiving thrombolytic therapy in Cyprus, following her vaccination against COVID earlier this month, with officials admitting a link but unable to pinpoint what exactly may have caused the blood clot...

705. Vaxxed woman in serious condition in Cyprus

A woman in Cyprus was hospitalized this week with a rare case of a clotting event following her vaccination against COVID-19, with local media criticizing state authorities over lack of information...

706. Consulco outperforms the London property market says MSCI.

The annual MSCI results are now available, and Consulco’s London commercial real estate portfolio outperformed the Greater London Retail property market by 5.9 % during 2020. ...

707. US slaps ‘do not travel’ label on Cyprus

Health authorities in the United States have issued a “Do Not Travel” warning for Cyprus earlier this week, warning US citizens against visiting the island due to high level of COVID-19...

708. Cyprus adds single shot Janssen to arsenal

A single-shot vaccine against the novel coronavirus will be available alongside other vaccination options in the Republic of Cyprus, after the EU drug regulator okayed Johnson & Johnson’s Covid-19 Janssen vaccine...

709. Cyprus’ famous pelican dies peacefully

Cyprus’ famous pelican Kokos died of old age this week, after living a long and full life and only days before he was due to put smiles on thousands of visitors in Kato Paphos...

710. Cyprus mulling restrictions on AstraZeneca

Cyprus is considering restrictions similar to those adopted by Greece and the United Kingdom for the AstraZeneca vaccine, as European health authorities continue to investigate reports of rare blood clots linked to the shot...

711. 2021 KPMG CEO Outlook Pulse Survey

712. Doc wants govt to come clean about AstraZeneca

A local well-known health expert has called on officials in the Republic of Cyprus to take a clear position on the AstraZeneca vaccine and stop hiding behind an EMA statement...

713. Cyprus stands behind AstraZeneca vaccine

Authorities in the Republic of Cyprus have resumed the vaccination program using the AstraZeneca vaccine, after EMA said benefits outweigh the risks, with the health minister criticizing fellow member states for creating confusion by not sticking to plan...

714. 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....

715. Cyprus to resume AZ jabs Friday after EU agency gives nod

The European Union’s drug regulatory agency said Thursday that the AstraZeneca vaccine is not linked to an overall increase in the risk of blood clots and that the benefits of use outweigh the risks, paving the way for European countries to resume administering the shots....

716. 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....

717. EU regulator ‘convinced’ AstraZeneca benefit outweighs risk

With coronavirus cases rising in many places, governments faced the grimmest of dilemmas Tuesday: push on with a vaccine that is known to save lives or suspend use of AstraZeneca over reports of dangerous blood clots in a few recipients, even as the European regulator said there was “no indication” the shot was responsible....

718. President seeks consensus to relax measures

Health experts on the government’s pandemic task force met with President Nicos Anastasiades on Tuesday, with reports saying the commander in chief got the nod to proceed with scheduled relaxing of measures but details were still not fully clear...

719. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....

720. Cyprus remains under flood watch

A low pressure system continues to affect the area over Cyprus, with heavy showers and powerful thunderstorms expected Wednesday in the late morning and early afternoon...