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2791. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

2792. Car ploughs into crowd in Berlin killing one and injuring others

One person has been killed and at least a dozen more injured after a car drove into a crowd on a busy Berlin street....

2793. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

2794. Three days of mourning for Zeta Emilianidou

White flowers, a candle and a photo were set in the place of Zeta Aimilianidou during the meeting of the Council of Ministers....

2795. 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....

2796. East-West orthodox split deepens in Cyprus

An interview with the Archbishop of Cyprus, who used unfavorable words for detractor bishops as well as the Patriarch of Moscow, is causing all sorts of reactions on the island where campaign drama is unfolding both in a highly contested presidential election and a looming replacement for head of church...

2797. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

2798. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

2799. Number of registered unemployed persons drops by over 66% in May

The number of unemployed persons, registered at the District Labour Offices registered a steep drop in May declining to 10,586 persons, marking an annual reduction of 66.2%....

2800. Global IPO market experiences significant slowdown in Q1 2022

2801. Cyprus targets 'alleged fathers' in immigration scheme

Cypriot Interior Minister Nicos Nouris has sent out a cable telling administrators to hold off on issuing any birth certificates in cases where staff may have doubts over the paternity of a child until new legislation can allow sampling DNA from alleged fathers...

2802. Australia’s High Commissioner visits Minthis

Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...

2803. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

2804. Cablenet and Plume fast tracking the intelligent home evolution in Cyprus

Cablenet, a leading Telecommunications provider in Cyprus, today announced the start of a new era in intelligent home services. ...

2805. Fee free cash withdrawals at supermarkets and bakeries

Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....

2806. 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....

2807. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

2808. Three villages awarded 'Colourful Villages' certificate

Vouni, Kalopanagiotis and Steni are the first communities that have been awarded the "Colourful Villages" certificate by the Ministry of Tourism. Representatives of the 3 villages received the certificate in an event held on Monday, May 30th in Vouni in the presence of the Deputy Minister of Tourism, Savva Perdios....

2809. NYT: Deep in Vatican Archives, Scholar Discovers 'Flabbergasting' Secrets

David Kertzer put down his cappuccino, put on his backpack, and went digging for more Vatican secrets....

2810. Monkeypox: 'No need to panic' says Director of Pharmaceutical Services

Acting Director of the Pharmaceutical Services of the Ministry of Health, Helena Panayiotopoulou, has said that there is supportive treatment in the event of a monkeypox outbreak in Cyprus, noting that there is no need for panic....

2811. Op-ed: Three years after the start of GESY, we look back at the vision and the challenges

In a few days, it will be three years since the implementation of the General Health System (GESY) in Cyprus, the largest reform ever carried out in the country....

2812. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

2813. NIPD GENETICS announces the Haemophilia and Thrombosis Panel to be offered as a stand-alone panel

As part of the commitment to continuous improvement of products and services, NIPD Genetics announces today that the Rodinia Haemophilia and Thrombosis Add-on Panel can now be selected as a Stand-alone Panel. ...

2814. First time asylum seekers in EU increase by 85% in February

In February 2022, first-time asylum applications by persons who applied for international protection in EU member states increased by 85% compared to February 2021 and by 3% compared to last January, according to the latest monthly asylum data published by Eurostat, the EU’s statistical service....

2815. Monkeypox outbreak management plan close to being finalised

The process of drawing up a management and action plan by the Ministry of Health to deal with a possible detection of monkeypox cases in Cyprus is in its final stage, a source of the Ministry has said....

2816. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...

2817. Iceland 'outhorsing' replies to work emails (video)

Iceland has trotted out a service that lets horses reply to work emails when you’re on holiday....

2818. Ikea to start selling solar panels in US stores

The popularity of solar has gone through the roof—and now IKEA is making it easier to install some panels on your roof....

2819. Slight rise in economic sentiment in May

Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of the University of Cyprus....

2820. EU representative communicates 'serious concern' to Turkey over fighter jet flights

The Secretary-General of the European Union External Action Service Stefano Sannino expressed his “serious concern” to the Head of Turkey’s Permanent Representation to the European Union Mehmet Bozay on Wednesday over the recent flight of two Turkish fighter jets within 2.5 nautical miles of the northeastern city of Alexandroupoli, calling for respect of international law and cohesion between allies....