As the world’s largest social networking platform, Facebook has witnessed a significant increase in the number of users and revenue amid the coronavirus outbreak, with billions of people resorting to social median to get information, entertain and socialise amid the COVID-19 lockdown. According to data presented by BuyShares.co.uk, the number of Facebook’s monthly active users
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The day after the pandemic will be more challenging for countries and their economies than fighting the COVID-19 outbreak with technology-shy Cyprus especially struggling, experts told the Financial Mirror. Economists said the current health crisis we are living through is particularly alarming because it has several new and unfamiliar features Cyprus is unprepared for. “It’s
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Coronavirus cases stayed above 100 on Saturday after dropping to double-digits earlier in the week, with patient numbers lower while no COVID-19 deaths were recorded. The Health Ministry said total deaths remain at 229 deaths since the pandemic started while 107 new COVID infections take total cases to 33,153. December and January remained the deadliest
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If Cyprus wants to persuade big tech companies to relocate in the wake of the discredited passport scheme, it needs to invest in skilled labour to cater to these firms’ needs. Stakeholders in promoting Cyprus abroad boast their efforts to convince big tech and fintech companies to move their headquarters to the island have succeeded,
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The division based on political ideologies and social status is growing, instead of shrinking as one should expect in the age of home isolation and rediscovering family values. With the Cyprus economy struggling to recover and a political solution further away on the horizon, many have resorted to venting their frustration on social media, and
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Now that Brexit is over and done with, it made me think about what British nationals can or cannot do in Cyprus when buying real estate. As circumstances stand and without any change in the law regarding the acquisition by British nationals, they will now become part of the category of ‘foreign purchases’ as all
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Cyprus will ease more lockdown measures to halt the second wave of COVID-19 in the next couple of weeks with hospitality getting the nod, said Health Minister Constantinos Ioannou. In comments to state broadcaster CyBC TV, Ioannou said the authorities will gradually start lifting more measures after the end of February. Currently, lockdown rules include
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Coronavirus cases crawled up again to 111, ending a week of highs and lows that saw the numbers drop below the 100-marker to 81 on Tuesday, with patient numbers dropping in Cyprus where one person died of COVID-19 on Friday. The health ministry said that a 75 year old woman, with underlying health issues, died
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The head of the anti-money laundering unit, MOKAS, told the ongoing probe into the ‘golden passports’ saga, that files regarding cases of applicants were leaked by the Interior Ministry to service providers, who in turn were exerting pressure on the unit to screen their clients. Eva Papakyriacou, the head of MOKAS, told the committee investigating
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The government extended its interest rate subsidy scheme for housing and corporate loans until the end of 2021 and raised the ceiling for eligible loans, Finance Minister Constantinos Petrides said Friday. He vowed the government will utilise all EU tools to support households and businesses amid the pandemic. “We are aware of market challenges and
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