Bitcoin rival Solana is expected to hit new all-time highs of $250 by the end of 2021, having jumped 25% in two days amid a buoyant week for other cryptocurrencies, according to a leading crypto advocate. Nigel Green, founder and CEO of deVere Group, which has $12 bln under advisement, said that “Solana is certainly
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KEAN is an ever-present in the HORECA sector for juices and soft drinks in traditional Cyprus coffeeshops to five-star hotels, but China has also grown a taste for it. Cypriots are not the only ones enjoying a refreshing juice or squash as the Chinese are crazy for KEAN’s products, as €5 mln in juice drinks
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An 83-year-old woman was the latest victim to COVID-19 in Cyprus on Saturday as the number of cases dropped below 100, but hospitalisations were up. Cyprus reported one coronavirus death, a rise in the number of patients to 60 from 57, and a decrease in new daily cases to 97 from 175 on Friday. Cases
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Cyprus deputy ministry of Shipping is throwing everything at a final attempt to revive a ferry connection to Greece in 2022, despite indications of limited interest from operators. This time around, Cyprus believes it offers a more attractive tender that should appeal to traditional EU shipping operators from Baltic countries and Scandinavia. Talking to the
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Cyprus in the 1960s was synonymous with ‘Makarios’. Then came the 1974 war and destruction, with the restructure of the tourist industry creating a new brand name in the 1980s, ‘Ayia Napa’. About that time, having laid the foundations for a favourable tax system that would create today’s robust shipping sector, the ‘offshore’ boom came
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Two months ago, we published our difference of opinion regarding the Limassol Municipality to undertake an extensive housing development project in collaboration with the Housing Development Organization. This is a dream that the Limassol Mayor and his Council have for their town. Still, it is a dream that is not only non-attainable but will cause
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Cyprus reported one coronavirus death on Friday, a drop in the number of patients to 57, but an increase in new daily cases, rising to 175 from 99 last Sunday. Throughout the week, the health ministry said there were 166 new Covid-19 infections on Monday, 181 on Tuesday, 143 on Wednesday and 144 on Thursday.
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The EuroAsia and EuroAfrica Interconnector projects should know about EU funding by the end of the year or beginning of 2022, Energy Minister Natasa Pilides said on Friday. Speaking at the 12th Limassol Economic Forum, she also referred to the ministry’s challenges to meet Paris Agreement and EU Green Deal goals on emissions and output
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Turkish Cypriots are reeling from a shifting landscape after the ruling coalition resigned, a fuel crisis brewing after the collapse of the Turkish lira, leading petrol stations to close as they were losing money. On Friday, Turkish Cypriots found themselves in the awkward position of heading south to fill up their vehicles in the Republic.
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Cyprus Central Bank Governor Constantinos Herodotou urged all stakeholders to accelerate efforts to deal with the impact of climate change as an ECB stress test for banks looms next year. Addressing the 12th Limassol Economic Forum on Friday, Herodotou said US analysis shows that unless there are immediate and large-scale reductions in greenhouse gas emissions,
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