Τhe government is concerned about the economic risks arising from price increases, but a spike in inflation is considered temporary, said Finance Minister Constantinos Petrides. The minister pointed out the need for prudent policies to “have the opportunity to intervene where we can and where we should…there are no easy solutions”. After receiving the annual
More
Cyprus reported no coronavirus deaths for the third day in a row on Thursday, with new infection cases rising to 153 and hospitalisation rates dropping to 60, as the government opened the online platform for first-time jabs and booster shots. The health ministry said people could arrange appointments through the portal for their first jab
More
Tourist inflows to Cyprus this winter until next March will depend on scheduled flights due to Covid uncertainty; tour operators are reluctant to conduct charter flights. Speaking to CNA from Munich, Deputy Minister for Tourism Savvas Perdios said this development highlights the need for a targeted promotional campaign to secure existing scheduled flights and stimulate
More
By Lukman Otunuga, Senior Research Analyst at FXTM Markets in Asia were higher on Thursday, tracking the positive overnight cues from Wall Street as investors evaluated the U.S inflation data and latest minutes from the September Fed meeting. The improving sentiment across Asian markets was also helped by optimism over the global economic recovery and
More
The ministers of energy and electricity of Cyprus and Egypt will sign a memorandum of understanding on Saturday to fast-track the construction of the EuroAfrica Interconnector, boosting exports from Cairo to Europe. Cyprus Energy Minister Natasa Pilides will host her Egyptian counterpart, Dr Mohamed Shaker El-Markabi, for a signing ceremony at the Presidential Palace, similar
More
A tribute to the ‘Big Potato’ in Xylofagou, Famagusta has locals up in arms after the village’s homage went viral on social media, attracting unflattering comments about the odd-looking eyesore. Most critics say the four-metre-tall object looks nothing like a potato but a giant sex toy or worse. According to the website Philenews, the local
More
Regional cooperation is the key to mitigating climate crisis impacts, as temperatures in the Eastern Mediterranean and the Middle East rise faster than anywhere else. This was the view of keynote speakers during the 2nd international conference on climate change in Paphos. Professor Costas Papanicolas, advisor to the President on climate change, said the climate crisis
More
The island’s first designer outlet and entertainment village, Neo Plaza, opens on 19 October, promising Cypriots a whole new shopping experience. Located near the industrial area of Kokkinotrimithia close to the Nicosia Mall and 15 minutes from the capital, Neo Plaza aspires to become an “All day destination for Fun, Food and Fashion”. The company
More
The unjabbed and people eligible for a booster shot of a COVID-19 vaccine can book their appointments online as the vaccination portal is open to them, said the Health Ministry. The ministry said people could arrange appointments through the portal for their first jab and booster shots from Friday. The vaccination portal had gone offline
More
President Nicos Anastasiades has asked German Chancellor Angela Merkel to pressure Turkey to help resume Cyprus talks and terminate Ankara’s illegal activities against Nicosia. According to a press release issued by the Presidency, Anastasiades had a telephone conversation with Merkel on Wednesday. “Their close, cordial and long-standing friendship, both at the political and personal level,
More
