We got bored with the virus, but it was waiting for us to lose interest in maintaining a rigorous hygiene regime, keeping our distance, and limiting social contacts. For so long Cyprus had been proud of its coronavirus containment efforts, calling it a shining example for the world to follow. In the early days of
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The Mediterranean is becoming a prominent and vulnerable climate change “hotspot” threatening the marine ecosystem with global warming that usher’s tropical jellyfish to Cyprus shores. Marine biologists are sounding the alarm over how accelerated climate change has exacerbated existing environmental problems in the Mediterranean Basin caused by a combination of changes in land use, increasing
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By Hussein Sayed, Chief Market Strategist at FXTM After a mixed performance at the start of the trading week, stocks across key Asian markets turned green with Australia’s ASX 200 and South Korea’s KOSPI outperforming their peers and gaining 1.7% and 1.5% respectively. European benchmarks are also expected to start the week on a positive
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Cyprus on Sunday confirmed another nine new COVID-19 cases, as the daily count dropped to a single digit figure for the first time in almost a week. The last time Cyprus had reported less than 10 cases was on 3 August, when the health authorities confirmed 5 cases. Sunday’s cases were detected from 2,919 tests
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The government of Cyprus pledged €5 mln to the emergency aid conference for Lebanon on Sunday, saying that it was making available all its public services, including the use of ports and airports to the United Nations forces operating in the region. Cyprus President Nicos Anastasiades reiterated the “unwavering solidarity of the government and the
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By Costis Stambolis The signing on Thursday in Cairo of an agreement between the Egyptian and the Greek governments for the delineation of a segment of their sea boundaries, paves the way for a broader understanding which will enable the two countries to reach a comprehensive agreement to define their respective Exclusive Economic Zones (EEZ).
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The 6-year government retail bonds programme is expected to continue despite no longer carrying an attractive interest rate of almost 6% and having to depend solely on local investors. Despite being removed from the Citizenship for Investment Scheme, it was originally designed for, and offering much lower interest rates, retail bonds are portrayed as an
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There has been too much talk in recent weeks about naming names and shaming offenders who break the laws about health and safety, imposed because of the Covid-19 pandemic. Despite starting well and the public adhering to personal safety rules, complacency seems to have kicked-in, especially after the infection numbers dropped to single-digit levels and
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Cyprus on Saturday confirmed another 11 new COVID-19 cases including four infections connected to the woman who returned from the USA and violated quarantine rules to socialise. The Health Ministry said the woman has created her own cluster of coronavirus cases which has now reached 30. “This shows how easily the virus can be transmitted
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The East Med geopolitical constellation keeps changing almost daily. Greece and Egypt signed a maritime agreement to establish the exclusive economic zone (EEZ) of the two countries. Egyptian Minister of Foreign Affairs Sameh Shoukry announced it after meeting his Greek counterpart Nikos Dendias in Cairo. Both sides have agreed on the EEZ in the eastern
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