Cyprus still faces the risk of a third wave of coronavirus, but the challenge is to avoid it by preventing widespread transmission of COVID-19 mutant strains, said government advisor Dr Peter Karayiannis. “The risk is there for a third wave, of course. What causes uncertainty is the possibility of the spread of mutant strains,” the
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Municipal waste generated by Cypriots is well above the EU average of 502 kilos per person with only Denmark, Luxembourg and Malta being more wasteful than Cyprus. Almost 225 million tonnes of municipal waste was generated in the EU in 2019, according to data released by Eurostat. This corresponds to 502 kg per person, a small increase
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Cyprus saw a rise of new coronavirus cases to 121 on Wednesday, after a drastic drop the previous day, with two more COVID-19 deaths and the number of patients dropping marginally to 81. The health ministry said that two men, aged 79 and 80, both with underlying health issues, died at Nicosia General hospital. This
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Cyprus is persuading Investment Funds to move their operations to the island with stakeholders pleased that despite the pandemic interest is gaining traction. This was the main conclusion from the Cyprus Investment Funds Association (CIFA) Annual General Meeting this week. An investment fund is a vehicle containing capital from investors used to collectively purchase securities.
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Fintech pioneer Revolut is rolling out its own current account services to clients in Cyprus, making it a ‘mini bank’ and challenging the traditional high-street banks that are still struggling with their digital and online services. Revolut claims to have 160,000 customers in Cyprus for its e-payment services that are faster and often cheaper than
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The government on Wednesday unveiled new cash incentives to encourage young couples to live in the countryside and revive local businesses in rural areas. Aiming to boost the economy and entrepreneurship to address rural depopulation, particularly in the mountain areas, Interior Minister Nicos Nouris presented two new packages on Wednesday. President Nicos Anastasiades told the
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Cyprus political parties on Wednesday came out in support of a woman who reported she was sexually harassed by a former Euro MP while openly condemning such behaviour. Police confirmed that an investigation is underway into the woman’s complaint, in which she said a well-known politician and a former Member of the European Parliament assaulted
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Although online shopping continues to grow across Europe, especially due to COVID-19 restrictions, Cyprus (52%) lies in the bottom four of EU countries for internet purchases. With high street shopping affected by the pandemic and changes in habits and preferences, e-commerce can be expected to grow further. According to Eurostat, in the 12 months before
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British Base Police at Akrotiri has confirmed that three Russians were fined a combined total of €900 after they were found breaching COVID-19 regulations by having a picnic on South Paramali beach. One member of the group was also arrested for failing to undertake a breathalyser test for alcohol and he was subsequently released on
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As it eases lockdown measures Cyprus is keeping a tighter grip on airport arrivals in a bid to prevent a COVID third wave by increasing checks and shortening the list of countries deemed as safe for travel. After safeguarding its health system against second COVID-19 wave peaking at 907 daily cases, authorities have revised its
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