An agreement with pharmaceutical companies to always distribute the COVID-19 vaccine in its updated form was achieved during the informal EU Health Ministers’ meeting in the Czech Republic. The deal was sealed
Authorities are toughening laws on dog ownership to clamp down on pet abandonment and reduce the number of strays on the island’s streets and attacks. A bill approved by the cabinet comes
After a brutal comedown and one of the worst crypto price drops in years, cryptocurrency traders are showing renewed confidence, with many looking for a piece of the volatile market. The crypto
S&P Global Ratings raised its long-term issuer credit rating on Bank of Cyprus to BB- from B+, citing improvements in its asset quality and easing of economic risks. The upgrade of the
Romanian low-cost air carrier Blue Air suspended all flights from Wednesday until 12 September, spreading concern among analysts that Cyprus could feel the knock-on effect. Blue Air carries out some seven weekly
President Nicos Anastasiades has congratulated the new UK Prime Minister Liz Truss and wants to work with her to enhance further and deepen the longstanding partnership. “Cyprus and the UK share historical
US private equity firm Lone Star could return with the fourth attempt at a Bank of Cyprus takeover, despite seeing three cash offers rejected by the island’s biggest lender. In comments to
Cyprus justice is close to delivering the first verdict involving Cypriot law firms who allegedly facilitated dubious foreign investors acquiring passports via the disgraced citizenship for investment scheme. Following a lengthy court
The Education Ministry has signed a €20 mln contract to provide IT support services, paving the way for the transition to digital schools. The contract was signed at the Presidential Palace on
By Han Tan, Chief Market Analyst at Exinity Group King dollar’s scorched-earth ascent to a fresh 20-year peak has clobbered broad swathes of financial markets, with dollar-denominated assets clearly bearing the brunt.
