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451. Scientists warn against rapid test self-checking

The rapid antigen tests that the health ministry recently stocked up on in its battle against time to detect coronavirus cases among Cyprus employees require careful handling....

452. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

453. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

454. Flu vaccine stocks at pharmacies dry

Private pharmacies’ stocks of flu vaccines have run completely dry as a result of a widespread sense of panic as a result of the coronavirus pandemic, head of the Pancyprian Pharmaceutical Association Eleni Piera said Wednesday....

455. Cyprus, Greece, Egypt present united front

Cooperation between Cyprus, Greece and Egypt aims to safeguard peace and stability in the region on the basis of international law, Cypriot President Nicos Anastasiades said during a trilateral summit in Nicosia Wednesday....

456. 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...

457. Greece, US affirm commitment to boosting ties after high-level review

Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....

458. Coronavirus measures bring sharp drop in EU asylum applications

First-time asylum applicants in the EU recorded a sharp drop of almost 70% during the second quarter of 2020, mainly as a result of coronavirus emergency measures imposed by member states from March, Eurostat figures showed Wednesday....

459. Cyprus and Russia come to terms

It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...

460. Beirut blast has eerie connections to Cyprus

Following Tuesday’s deadly explosion in Lebanon, some eerie connections began to emerge in Cyprus, including a Russian national based in Limassol and a Hezbollah-related arrest on the island back in 2015...

461. Cyprus on alert as Chevron snaps Noble

The acquisition of Noble Energy by Chevron is a development that may affect the development of the "Aphrodite" deposit, the Cypriot energy minister has said...

462. Turkey reacts to US plan for military education, training for Cyprus

Turkey expressed its disagreement over a US government plan to make International Military Education and Training (IMET) available to Cyprus, saying it does not help resolve the island’s division....

463. Cyprus gets tough on golden passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

464. Medical supplies arrive after eventful flight

Another huge load of medical supplies from China was delivered to the Republic of Cyprus on Wednesday, after an “adventurous” flight on a Russian aircraft that did not have enough fuel to make it in one go...

465. North and south touch base on coronavirus

A bicommunal technical committee on health was set to convene on Wednesday to discuss the situation pertaining to the coronavirus outbreak across Cyprus, while it was not clear whether meeting would include discussion on re-opening checkpoints...

466. Report draws attention to migrant centres

A report published this week by Ombudswoman Maria Stylianou-Lottides takes stock of current conditions in migrant facilities in the Republic of Cyprus, pointing out medical challenges, problems associated with weather, and asylum issues...

467. Sustainability the key word in approach against COVID-19, says Swedish Ambassador

Sweden’s Ambassador in Nicosia Anders Hagelberg has spoken of the need for a sustainable approach as regards dealing with the COVID-19 outbreak and has noted that one cannot compare the measures taken in different countries, as each one has different social and family structures in place....

468. Cyprus in the mix as world seeks cure

An Israeli military aircraft has delivered five tons of chloroquine to Cyprus this week, amid reports of secret wars over limited access to the drug but also uncertainty over its effectiveness in the fight against the coronavirus pandemic...

469. Cooperation and Transparency Needed to Fight COVID-19

In today’s age of social media, it has unfortunately become normal to see false information reach a broad audience instantaneously through the Interne...

470. Decree bans export of medicine

A decree issued by the Health Minister on Friday banned the export of all medicine from Cyprus to any other country, including EU Member States....

471. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact

472. North stocking up on medical supplies

More cases in the north are being released from quarantine while others test positive, as Turkish Cypriot authorities see medical supplies and financial support starting to pour in...

473. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

474. Cap on purchases of antiseptic products enforced by several supermarkets

The Cyprus supermarket association said on Monday it was scrambling to persuade all supermarkets to enforce a cap on the amount of antiseptic products that may be purchased by each consumer in a bid to prevent the impending depletion of stocks....

475. Trump declares coronavirus outbreak a national emergency

President Donald Trump said Friday he was declaring a national emergency -- "two very big words" -- to free up $50 billion in federal resources to combat coronavirus, part of a raft of new measures Trump hopes can bring a roiling health crisis under control....

476. Coronavirus thrusts Cyprus into consumerist frenzy

The coronavirus outbreak has brought on a widespread consumerist frenzy across the island. Market research by Kathimerini found that retailers saw a skyrocketing of sales to the tune of over 400% compared to the corresponding period last year, even surpassing sales during the Christmas period....

477. Economic sentiment in Cyprus falls in February due to weaker business confidence in services

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....

478. End of 2019 sees historic high in investment funds assets

Investment funds’ assets reached a historic high at the end of 2019, data released by the Cyprus Central Bank on Thursday showed....

479. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

480. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...