Cyprus Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos and Greek counterpart Christos Dimas have discussed joint synergies and partnerships to deepen and broaden cooperation in these fields. Kokkinos said that they discussed how the two countries` research and technology ecosystems could be even closer. “We have common goals, common visions, common challenges
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Cyprus should adopt accelerated procedures to review asylum applications to tackle increased refugee and migrant flows, UNHCR spokesperson Emilia Strovolidou told CNA. The UN Refugee Agency official said instead of using deterrence, Cyprus should focus on how to manage the problem. “The most important thing is to review asylum applications the soonest possible, in a
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A fresh era of negative interest rates is looming and investors are now seeking to top-up their portfolios with equities, according to the CEO of one of the world’s largest independent financial advisory organisations. Nigel Green, the deVere Group chief executive and founder, was speaking out after the U.S. Federal Reserve’s emergency rate cut on
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EU ministers unanimously approved a six-point plan to help Greece respond to migratory pressure on its borders with Turkey while expressing full solidarity with Cyprus and Bulgaria “which may be similarly affected”. The declaration of support came after Wednesday’s extraordinary Council of Ministers of Justice and Home Affairs. The 27 discussed “exclusively the problem created
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By Hussein Sayed, Chief Market Strategist at FXTM Risk-on sentiment has returned once again with Wall Street leading a significant rally on Wednesday. The Dow Jones Industrial Average soared 4.5% to close above 27,000. The S&P 500 and Nasdaq Composite also climbed 4.2% and 3.8%, respectively. All three major US indices are now out of
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The coronavirus (COVID-19) outbreak will likely trigger payouts for $132.5 mln in pandemic catastrophe bonds sponsored by the World Bank’s Pandemic Emergency Financing Facility (PEF) for eligible countries to mitigate the impact of the outbreak and might validate the need for market-based mechanisms to deal with the crisis, according to DBRS Morningstar. The rating agency
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Hermes Airports is launching the first Career Day at Larnaca Airport, creating an opportunity for people interested in working for the companies operating at Larnaca and Paphos Airports, to find out more and apply for the job position of their choice. The Airport Career Day will take place on Friday and Saturday 6-7 March at
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Some 400 people have self-isolated with another 5 in quarantine, after returning to Cyprus from a trip to an area with a COVID-19 outbreak. The people who have self-isolated themselves at home are among 1343 checked by a medic at Cyprus airports after returning from an area or country which is on the high-risk list
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By Nikolas Ioannou Rent Control measures have been applied around the world for many centuries as a part of housing policies to tackle the issue of affordable housing. The basic form of rent control is a ‘rent ceiling’ which prevents landlords from adjusting rental rates according to market figures. It determines under what circumstances a
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The Cyprus maritime sector is taking all necessary measures to protect crews and passengers from coronavirus outbreak that is affecting international trade with public health a primary concern, as well as the wellbeing of shipping firms, said Deputy Shipping Minister Natasa Pilides. Briefing the media on the junior ministry’s activities in the two years since
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