Deposits and loans in the Cyprus banking system registered a net increase in June with total deposits amounting to €47.8 bln while total loans edge up to €32.2 bln. Central Bank of Cyprus (CBC) data shows that total deposits in June recorded a net increase of €106.4 mln, compared with a net decrease of €30.8 mln
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Cyprus will be introducing a new generation of biometric passports from 30 July, replacing the older version but people are having to wait for a new ID card. The Civil Registry and Migration Department announced that people will be able to apply for the new Cyprus EU passports from Thursday. Older versions will be valid
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The UN Security Council is expected to adopt unanimously on Tuesday a resolution renewing for a further six months the UN Peacekeeping Force in Cyprus (UNFICYP) mandate with minor changes. In its resolution, the Security Council “expresses its full support for UNFICYP, and decides to extend its mandate for a further period ending on 31
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From 1 August, Cyprus will be adding the UK to its ‘safe’ list but will not allow entry to visitors from Bulgaria or Algeria after health authorities revised their COVID-19 risk. These two countries have dropped off category B due to their worsening coronavirus data while Georgia was upgraded from Category B to A. Cyprus
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Moody’s Investors Service has downgraded the Government of Lebanon’s issuer rating from Ca to C, without any outlook to the rating, as losses for bondholders now exceed 65%. According to the rating agency, “obligations rated C are the lowest rated and are typically in default, with little prospect for recovery of principal or interest.” Anything
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Three new COVID-19 cases were reported on Monday raising the total number of coronavirus infections in Cyprus to 1,060. Two of Monday’s infections were directly connected to a cluster forming in Limassol while the other one involving a Filipino woman permanent resident returning to Cyprus, also living in the town. State health officials have warned
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A 47-year-old Greek Cypriot woman returning from a trip to the Greek island of Mykonos was charged with assaulting a Paphos airport official after refusing to take a random coronavirus test. Cyprus police said the female passenger when arriving at Paphos airport on Saturday became violent when asked to be tested for COVID-19. During the
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Getting vaccinated against coronavirus will be obligatory once Cyprus gets its hands on a readymade batch of vaccines it has ordered through the EU. Cyprus has requested 1.2 million doses of coronavirus vaccinations via the EU with nobody being exempt from the getting the jab, said Health Minister Constantinos Ioannou. Interviewed on ANT1 TV on
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Cyprus Health Minister Constantinos Ioannou confirmed on Monday the authorities are considering applying local lockdowns in areas where COVID-19 clusters are formed, but the lid will not come down on Limassol yet where cases are rising. He told ANT1 TV, health authorities were particularly alarmed over the string of cases in Limassol, as the majority
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Greek oil and gas producer Energean has appointed former Cypriot banker Andreas Persianis as an independent non-executive director. Nicosia-born Persianis replaces David Bonnano, who has stood down from the board, and will also participate in Energean’s audit & risk committee. The change also follows the appointment of Kimberley Wood as an independent non – executive
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