We thought we had made our escape from the ravages of COVID-19, no longer looking over our shoulders and keeping our distance. The restrictions came tumbling down, no more Safe Pass, face masks or passenger locator forms. It was with a sigh of relief that we believed the worst pandemic in 100 years had run
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Cyprus is to throw another lifeline to distressed borrowers to help them keep their homes following its ESTIA scheme for toxic mortgages, which failed to cover all applicants. This time, the Finance Ministry is preparing to launch a mortgage-to-rent scheme aiming to bail out borrowers with a first home or an SME linked to a
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UK pensioners eyeing a retirement home in Cyprus may have to rethink their plans, as changes proposed by the government on granting residence permits to non-EU nationals raise the bar for newcomer retirees by €130,000. Amid a surge of demand from retirees from the UK, Israel and Germany, real estate stakeholders in coastal areas are
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State doctors’ demands and the Health Ministry succumbing to pressure, especially in an election year, suggests that patient rights have been thrown out with the bedpan. The public watches with awe the latest saga in the deteriorating public health sector, with the ‘new’ initiative of outpatient services provided by GPs and paediatricians over weekends, and
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I am often asked, will adding quality to a project or property make it more valuable? This is not an easy question since it depends on what defines ‘quality’ and whether the cost, usually related to the higher quality, is affordable. The primary question in terms of quality is location. So, the better the location,
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Cyprus will acquire six French light attack H145M helicopters after the Defence Ministry signed a deal with manufacturer Airbus as it tries to phase out Russian MI35 choppers. At Friday’s signing ceremony, Cypriot Defence Minister Charalambos Petrides said that the agreement underscored the growing military cooperation between France and Cyprus. “The acquisition of H-145M attack
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A devastating three-day blaze in the Turkish occupied north was brought under control Friday with the help of firefighting aircraft from Israel, the Cyprus Republic, and the British bases. In comments to Turkish Cypriot daily YeniDuzen, the head of the north’s firefighting service Ramadan Gurpinar said that the fire is expected to be completely extinguished
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By Craig Erlam It’s been a week of consolidation in stock markets after last week’s rout, with Europe looking to it with minor gains. It hasn’t been the blockbuster week as the one before. But that’s only natural, last week we had a wrath of major central bank meetings and rate announcements. This week, policymakers
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Despite a hike in the positivity rate and cases, there are no thoughts for the time being to bring back COVID restrictions, Ηealth Μinistry official Constantinos Athanasiou told the Cyprus News Agency. He said the ministry has no plans for making face masks mandatory indoors but noted that all authorities monitor the situation closely and
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Cyprus motorists were hit with another nasty shock on Friday as the pump price for diesel registered a record €2.03 per litre – costing around €111 to fill up an average car. Rising fuel prices are adding fire to the cost of living crisis and rampant inflation. According to the government’s Consumer Protection Service’s Fuel
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