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1561. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1562. Biden key pick emerges

US president-elect Joe Biden is expected to nominate veteran diplomat Antony Blinken as his secretary of state, making good on a promise to restore EU-US relations and take a more active role on the global stage but also planting many unknowns in regards to Turkey...

1563. EU could pay over $10 billion for Pfizer and CureVac vaccines

The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks told Reuters....

1564. Cyprus shoots its shot in race for vaccine

As the Republic of Cyprus expects to get one million of doses of the COVID-19 vaccine, President Anastasiades is calling for “common standards” as fierce competition overseas paints a gloomy picture on how countries go about to secure vaccinations for their citizens...

1565. District lockdowns get a false start

Police and the army were told to back off Thursday evening before activating roadblocks outside Limassol and Paphos, after orders from the top were put on hold to allow citizens under exception categories to get necessary documents in the morning to beat a partial lockdown expected to last until the end of the month...

1566. Roadblocks as Cyprus cuts off two districts

Police say officers will man random checkpoints in Limassol and Paphos districts, both which have been ordered essentially isolated from the rest of the island, following new strict measures to combat a second wave of the coronavirus...

1567. Nagorno-Karabakh peace deal signed

Russian peacekeeping troops deployed to the war-ravaged enclave of Nagorno-Karabakh in the early hours of Tuesday as part of a ceasefire deal President Vladimir Putin said should pave the way for a lasting political settlement of the conflict there...

1568. Greece enters three-week lockdown to stem jump in infections

The Greek Prime Minister Kyriakos Mitsotakis announced on Thursday a three-week nationwide lockdown in an effort to stop an “aggressive” jump in infections, a rise in intubations and intensive care admissions....

1569. Mitsotakis to Erdogan: Time to stand together in deadly quake

Greek Premier Kyriakos Mitsotakis offered his condolences to Turkish President Recep Tayyip Erdogan over the deaths caused by the powerful earthquake that struck the eastern Aegean island of Samos and the city of Izmir on Friday. ...

1570. Dendias, Lavrov discuss Cyprus in Athens meeting

Greek Foreign Minister Nikos Dendias met with his Russian counterpart Sergei Lavrov in Athens on Monday, at the start of the foreign official's visit to the Greek capital....

1571. GD leadership heading to jail after court ruling

A court in Athens announced on Thursday that the entire leadership of the neo-Nazi Golden Dawn will be jailed, after rejecting a proposal by the prosecutor who opined that their sentences should be suspended pending their appeal....

1572. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

1573. Anastasiades and Tatar to meet in Nicosia UN premises

The new Turkish Cypriot leader Ersin Tatar on Monday accepted President Anastasiades’ proposal for a get together, that is set to take place in UN premises in Nicosia....

1574. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

1575. Divided island braces for Dherynia protest

Cypriot President Nicos Anastasiades has called on Greek Cypriot bikers to be on their best behaviour during Saturday’s demonstration in Dherynia, warning that Turkish anti-protesters would look for an opportunity to use any unruly action as a pretext to start a riot...

1576. Game plan to circumvent passport rules

Meme culture enthusiasts in Cyprus upped their game this week following a passport scandal reported by Al Jazeera, with catchphrases such as “this is Cyprus” and name dodging tricks seen in a secret video prompting media to spot five ways a lawyer could circumvent the system in the golden passport scheme...

1577. Carrot-and-stick approach to Turkey failing, EU envoys say

The European Union's latest strategy to defuse tensions with Turkey is unravelling, two weeks after it was sealed, raising the risk of conflict in the Eastern Mediterranean, diplomats, officials and experts said....

1578. Germany slams Turkey for sending survey ship to eastMed

German foreign minister Heiko Maas criticized Turkey for sending a survey vessel back into controversial waters of the eastern Mediterranean, calling the unilateral move a blow to efforts to start negotiations in the conflict....

1579. Turkey points finger at Greece

Ankara fired back at US and EU criticism over actions of its decision to send Oruc Reis survey vessel near the Greek island of Kastellorizo, while also accusing Athens of escalating tensions and refusing honest dialogue over maritime disputes...

1580. Maas to visit Athens, Nicosia, Ankara in bid to de-escalate tensions

German Foreign Minister Heiko Maas will tour Athens, Nicosia and Ankara next week as part of the continuous effort to rekindle the dialogue between the three countries ahead of the European Council Summit....

1581. Nicosia in wait-and-see over Barbaros

Government officials in the Republic of Cyprus on Friday declined to comment on reports that Turkish seismic vessel Barbaros had moved away from contested waters off Cyprus, suggesting Nicosia was in a wait-and-see mode amid reports of ongoing diplomatic efforts at the European level between Greece and Turkey...

1582. Greek, Turkish foreign ministers meet as tensions ease

The foreign ministers of Greece and Turkey have met on the sidelines of a conference in Slovakia and agreed to set a date for the start of a new round of exploratory talks between the two, officials said Wednesday....

1583. All eyes on Cypriot ghost town

Turkish Cypriot authorities have been working around the clock to meet a deadline on Thursday when a Varosha beachfront, which has been off limits since 1974, is set to reopen to the public...

1584. Kinvara Balfour at Digital Agenda Cyprus Summit 2020

Lady Kinvara Balfour advises companies big and small (Jimmy Choo, Richemont, Smythson, UBS, Evian, Coutts to name a few) on what is cool out there in the zeitgeist. She understands the worlds of tech, fashion and popular culture and the psychology that drives them....

1585. EY Cyprus Platinum Sponsor at first Cyprus Forum

1586. Microsoft plans $1 billion data center venture in Greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

1587. Over 600 traffic violations reported as higher penalties kick in

The first day of stricter penalties for traffic violations got off to a rocky start, with traffic police filing over 600 reports against drivers across Cyprus, with some drivers not taking their steep fines lightly....

1588. East Mediterranean states establish forum

The founding members of the East Mediterranean Gas Forum signed a charter during an online ceremony on Tuesday, marking the group’s organization status in seeking to promote regional cooperation...

1589. Search still on for school prank instigators

Police are still trying to identify a number of suspects in an animal cruelty case in Paralimni, while at least 20 students reportedly have admitted they played a role in the school prank...

1590. EU fails to unblock sanctions due to lack on unanimity

European Union foreign ministers failed to overcome a diplomatic standoff over Belarus on Monday despite an appeal by the country's main opposition leader to approve sanctions on officials accused of rigging the election last month....