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121. Shipping Industry Cyprus - B2B Meetings with German Companies

122. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

123. 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....

124. How can digital government connect citizens without leaving the disconnected behind?

Governments should focus on inclusive digitalisation by improving digital literacy and promoting virtual interaction, and this could be achieved by providing digital resources like laptops and tablets in order to get people online and run programs to improve the digital skills...

125. EY Academy of Learning & Development introduces a new Web-Based Learning initiative

EY Cyprus is proud to announce the launch of a new Web-Based Learning (WBL) initiative, an expansion of the offerings of the EY Academy of Learning and Development...

126. 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....

127. Akar: Turkey determined to defend rights across ‘Blue Homeland’

Turkey is determined to defend its rights across the “Blue Homeland,” the country’s defense minister, Hulusi Akar, said Friday, invoking an expansionist doctrine that envisages Turkish control over the waters of the eastern Aegean and the northern Mediterranean....

128. Policy priorities unaffected by pandemic, FinMin says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

129. Folli Follie report unveils 17-year scam

The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers. ...

130. EU leaders weigh sanctions over Turkey’s Med drilling

Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....

131. Cyprus drilling programme to resume in mid-2021

The Cyprus hydrocarbon exploration programme will resume in the second half of 2021, energy minister Natasa Pilides said Tuesday, noting however that the pandemic has rendered drilling projects “increasingly complex.”...

132. GLOBAL OPEN DEBATE by THEATRUM VITAE

If you are concerned about the existence of the arts in tomorrow’s turbulent world, then you should join this lively debate, where experts from a wide range of creative industries across the globe will be providing their expertise and sharing their own views about the future of the arts in the post-pandemic world...

133. Cyprus rationalizes sanctions against Turkey

Cypriot Defence Minister Charalambos Petrides has reiterated his country’s position in seeking a settlement of the Cyprus problem, adding that economic sanctions against Ankara remain on the table 'as long as Turkey continues to maintain tensions'...

134. Lidl Cyprus celebrates 10th anniversary

A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...

135. 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...

136. Banks must prepare for a new cycle of NPLs due to Covid-19

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) told Cyprus commercial banks to prepare to face a new cycle of non-performing loans in 2021 due to the coronavirus pandemic....

137. Beirut calls off search and rescue

The Cypriot rescue mission in Beirut was on its way back to the island after Lebanon shifted its search and rescue focus to recovery, while world leaders including Anastasiades pledged aid amid violent protests over the weekend. ...

138. Summer Internships Programme by PwC

Despite the difficult conditions and the challenges organisations are facing as a result of the COVID-19 pandemic, PwC Cyprus offers this year the opportunity to 90 university students to participate in the 3 summer internship programmes of the organisation...

139. Cyprus slams Turkey over fish wars

Republic of Cyprus Agriculture Minister Costas Kadis issued an indicting statement against Turkey this week, when he accused that country of illegal activities in Cypriot waters during a fisheries control teleconference...

140. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

141. Greece to welcome Germans, Cypriots, Israelis in first wave of visitors

Greece will allow travelers from around two dozen countries including Germany, Cyprus and Israel to visit from mid-June without having to be quarantined, government officials said, part of a gradual easing of coronavirus lockdown restrictions....

142. Teachers refuse to livestream their classrooms

Public school teachers in the classroom remain firm on their refusal to live stream lessons online, saying it would be unproductive and dangerous, while reports point to a fear over internet memes...

143. We will defeat our shared pandemic enemy and rise stronger in its wake

The story of U.S. leadership in the global battle against Covid-19 is a story of days, months, and decades. Every day, new U.S. technical and material assistance arrives in hospitals and labs around the world. These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and planning that is unmatched in history....

144. Mixed reviews on anti-money laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

145. Cyprus Government picks Cablenet’s Fiberpower® network

Cablenet’s Fiberpower® network has been selected as the network of choice for the Cyprus Government Internet Network...

146. World’s last divided capital

As the world commemorates 30 years since the fall of the Berlin Wall, the bullet-riddled sandstone walls of abandoned, crumbling homes and concrete machine gun nests dotting Cyprus' no man's land serve as a jarring reminder of another divided capital — the world's last — on Europe's southeastern frontier...

147. Johnson seeks backing for early election

The European Union agreed to a Brexit delay of up to three months on Monday, as Prime Minister Boris Johnson said he would push on with his bid to end Britain’s political paralysis with an election on December 12...

148. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

149. EU fails to launch membership talks with Balkans hopefuls

European Union leaders failed Friday to agree on launching membership negotiations with Albania and North Macedonia in an embarrassing climb-down that could risk inflaming the volatile Balkans region....

150. Mitsotakis in New York – opportunities, substance, results

This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings. ...