New coronavirus cases in Cyprus remained above 100 for the fourth consecutive day, dropping slightly to 169 on Friday, below the 175 the previous day and close to the 165 on Wednesday. The health ministry said that there were no deaths attributed to Covid-19, making it the eleventh day in a row. The ministry said
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The government is concerned about increasing daily COVID-19 cases among younger people with a more active social life, while evidence suggests that infected Cypriots are not declaring their close contacts. After reporting a series of clusters, the Health Ministry on Friday sounded the alarm on tougher days looming as cases have settled into triple digits
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Bitcoin and other cryptocurrencies have experienced a major sell-off this week following China’s crackdown on the sector, but the “crypto haters” are wrong to dismiss the digital assets, according to the CEO of a leading financial advisory and fintech. Around $400 bln in value has been wiped from the total digital currency market since last
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Cyprus’ economic sentiment in June increased 6.2 points from May, reflecting the improvement in high consumer confidence and activity in services. The Economic Sentiment Indicator (ESI), compiled by the University of Cyprus’ Economic Research Centre, rose by 6.2 units in June from the previous month, reaching 110.3 units. A year ago, the ESI registered only
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Cyprus is facing a fourth wave of the coronavirus, as daily cases are being pushed up by the more potent Indian variant, which is spreading on the island, say epidemiologists. In comments to website Stockwatch, Dr Leontios Kostrikis, a former member of the government’s COVID-19 team, said: “The fourth wave of infections is already underway,
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Cyprus remains on the UK’s COVID amber travel list for another month, dashing the island’s hopes of welcoming thousands of British tourists in July. The UK government updated its safe travel list on Thursday, adding just three countries and regions to its green list from where self-isolation on return is not required. Malta, the Balearic
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The Residential Property Price Index recorded a recovery in the first quarter of 2021 after two consecutive quarters of falling prices, according to the RPPI compiled by the Cyprus Central Bank (CBC). The rise was mainly due to an increase in apartment prices. The property index (houses and apartments) recorded a quarterly increase of 0.5%
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Cyprus President Nicos Anastasiades is satisfied with the text of the conclusions on Turkey adopted by EU leaders at the European Council summit. According to government spokesman Kyriakos Koushos: “The President of the Republic welcomes the text that has been unanimously agreed by the 27 Member States and is the product of a long consultation
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British Base Area Police are asking the public for help in solving a 23-year-old brutal murder that took place on July 25, 1998, at Lady’s Mile, Limassol. The fatal stabbing of Michalis Savva Evangelou, who was 25 at the time, was reopened earlier this year and police are hopeful that new methodology, including enhanced DNA
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By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were expecting more hawks to join the policy discussion were left empty-handed at the Bank of England meeting on Thursday. Policymakers voted unanimously to keep interest rates unchanged at their current record low of 0.1% and a majority voted to maintain asset purchases at the
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