Nicosia is driving the Real Estate market with total property sales in the capital in the first nine months of 2021, exceeding that recorded pre-coronavirus pandemic. Sales in the capital increased by a whopping 37% in the first nine months compared to the same period in coronavirus stricken 2020, and 38% more than the same
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Moody’s Investors Service increased its medium-term oil price range to $50-70/barrel to reflect the rating agency’s expectation that the full cost of production of a marginal barrel of oil will keep increasing in step with a continued recovery in demand. “We are now returning to the medium-term price range we had before the coronavirus pandemic
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Cyprus reported one coronavirus death on Wednesday, and a decrease in new cases to 100 and hospitalisations to 59, as health authorities started the rollout of third dose vaccinations to over 75 year olds. The health ministry said in its daily Covid report that a 51 year old man was the latest victim of the
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By Nicole Phinopoulou On September 17, 2021, the Financing and Loan Agreements with the European Commission were published in the Official Gazette of the Republic, thus subsequently authorising the immediate disbursement of €156.8 mln in pre-financing (13% of the grant total) from the European Fund for Recovery and Sustainability. Cyprus secured €1.2 bln through the
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Βy Han Tan, Chief Market Analyst at Exinity Group Equities are on a slippery slope as markets hold fast to expectations that the Federal Reserve’s tapering should commence next month. Asian and European stocks are in the red, while US futures are also lower and set to pare Tuesday’s advance. The 100-day moving averages for
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Cyprus health authorities pushed forward with their COVID-19 booster shot rollout reaching people aged 75 and above on Wednesday. Following a vivid interest from people over the age of 80, the health ministry moved on to the next age group in line for a booster jab. On Tuesday, 1,362 people over the age of 80
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Cyprus reported one coronavirus death on Tuesday, an increase in new cases to 146 and a small drop in hospitalisations to 61, as health authorities announced a rule change for the issue of the SafePass. The government said it will be tweaking the criteria for the issue of a SafePass, with those who have only
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Health authorities in Cyprus will be tweaking the criteria for the issue of a SafePass, with those who have only received the first dose of a COVID-19 vaccine no longer be allowed to carry a SafePass. The change in policy will affect some 11,000 Cypriots who have yet to proceed with their second jab, the
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Cyprus upgraded Malta to its safest ‘green’ category under the latest COVID travel risk assessment released on Monday, while Hungary exits the list, dropping to the higher risk “orange”. The EU island nation made a comeback after it had fallen to “red” in mid-July, and will be joining Poland and the Czech Republic, as the
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By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were in the red on Tuesday following a broad selloff on Wall Street overnight, as surging oil prices stoked concerns about global inflation. King dollar drew strength from the risk-off mood, while gold prices snapped a three-day uptrend, trading below $1760. Interestingly, European markets have
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