The Kingdom of Bahrain and the Republic of Cyprus reached a bilateral agreement on mutual recognition of COVID-19 vaccination and green passports, the first of its kind between the two countries. According to diplomatic sources, the agreement was reached following recent talks between Bahrain and Cyprus and communication between the Ministries of Foreign Affairs and
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In April, the number of registered unemployed increased by around 3,000 from the previous month, with the biggest impact from the COVID-19 fallout felt in the retail sector, construction, technical services, and manufacturing. According to the monthly data issued by CyStat, the figure for registered unemployed rose from 28,591 in April 2020 to 32,933 in
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A surge in renegotiated corporate loans over €1 mln pushed new loan contracts in March 2021 to a 91% increase compared with February, Central Bank of Cyprus data show. Pure new loans in the Cyprus banking system registered an increase of 23.8% in March from February, amounting to €255 mln. According to the CBC, housing
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Pregnant women who test positive for COVID-19 and have symptoms are considered to be high-risk with an increased chance of becoming severely unwell, according to the conclusions of an online seminar. The seminar, organised by the Cyprus Society of Perinatal Medicine, said the virus could be transmitted through the placenta (3.2%) or during birth. At
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Cyprus Foreign Minister Nikos Christodoulides believes the country’s EU partners will deliver a “clear and unambiguous” message to Turkey at the European Council in June that partition is unacceptable. Christodoulides was in Lithuanian Thursday for “very open and productive” discussions with counterpart Gabrielius Landsbergis. His visit to Vilnius comes a week after the UN-led Geneva
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Cyprus will use the Pfizer/BioNTech COVID-19 vaccine on 12 to 15-year-olds when and if approved by the European Medicines Agency (EMA), said deputy director of Pharmaceutical Services Elena Panayiotopoulou. The Health Ministry official told the Cyprus News Agency the vaccine is expected to receive EMA approval in June for younger age groups. The EMA announced
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By Hussein Sayed, Chief Market Strategist at FXTM US equity futures are struggling for direction Thursday morning after a late tech selloff on Wednesday sent the Nasdaq lower for a fourth consecutive session. But the Dow Jones Industrial Average managed to advance to a new record high with the support of cyclical industries. European markets
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Cyprus has vaccinated 31.9% of people with the first dose of a COVID-19 vaccine, but its rollout plans came unstuck Thursday after the online booking portal suffered technical trouble once more. “Due to a technical problem, the Covid19 Vaccination Portal has been temporarily shut down. In cooperation with the contractor company, the ministry is working
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In its bid to increase direct flights from Larnaca, Cyprus Airways has launched a new route to Malta, enhancing Mediterranean interconnectivity. The inaugural flight from Larnaca to Malta will take off on June 27, scheduled to fly twice weekly every Wednesday and Sunday until the end of October. More new routes are expected to be
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Cyprus announced a host of relaxations from Monday when the current lockdown ends, with the government allowing larger crowds, pushing back the late-night curfew and abolishing the SMS system for exits from home. The Council of Ministers issued a list of 34 measures based on improving epidemiological data and a slow, but steady rise in
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