Hopes of reviving pandemic-battered Cyprus tourism in 2021 have been rekindled as mass vaccinations against COVID-19 get underway in the UK, the island’s largest market. Under normal circumstances, the UK supplies a third of annual tourist arrivals to Cyprus which reached a record 3.97 million in 2019. Pandemic lockdowns and travel restrictions have seen arrivals
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Cyprus saw a marked drop in daily COVID-19 cases on Saturday after a record 424 infections the day before, but the death toll rose to 77 with two more people dying in hospital. December is headed to becoming the worst month on record since the outbreak in March with deaths in the first 12 days
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After two decades of being cut off from the rest of Europe, travellers from Cyprus will be able to hop on a ferry next summer and disembark in Piraeus to continue their journey on foot, by car or motorbike. The Deputy Shipping Ministry on Friday issued an open tender to revive the Cyprus-Greece ferry link
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European Union leaders stopped short of imposing sanctions on Turkey at the leaders’ summit on Thursday. They delayed the issue by a further three months with Brussels waiting for guidance from Washington after January by which time Joe Biden will have seated himself at the White House. Despite all the rhetoric, Ankara outmanoeuvred the protestors,
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By George Soros The European Union is facing an existential threat, and yet the EU’s leadership is responding with a compromise that appears to reflect a belief that the threat can simply be wished away. Prime Minister Viktor Orbán’s kleptocratic regime in Hungary and, to a lesser extent, the illiberal Law and Justice (PiS) government
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You may wonder how Mongolia came into the Cyprus town planning picture. The Mongolian nation of nomads became fearsome fighters in Asia and as they grew in numbers with limited national resources, invaded Russia, and part of Europe (Genghis Khan) and then China (because of which the Great Wall of China came to keep away
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Cyprus marked a new record in daily COVID-19 cases on Friday, topping 424 and three deaths, making it the deadliest day since the pandemic started and with December headed to be the worst month to date in containing the virus. Cyprus has so far recorded 14,476 cases. Friday was also the first day of the second ‘light
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The Organisation for Economic Co-operation and Development has approved Cyprus’ peer review (second round) on Transparency and Exchange of Information for Tax Purposes, the Finance Ministry said. OECD’s Global Forum placing Cyprus as largely compliant with the international standard on transparency and exchange of information for tax purposes. The peer review was conducted at the request
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Finance Minister Constantinos Petrides said the 2021 state budget will increase by €742 mln, or 10.6%, compared to last year, despite the coronavirus pandemic’s economic squeeze. Addressing the House plenary on Thursday, Petrides called upon MPs to pass the budget for the best interest of the country. “If the budget is not voted in, no
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The Employers and Industrialists Federation, OEB, has elected Vassiliko Cement’s executive chairman Antonis Antoniou as its new leader for the next 28 months, replacing veteran energy expert George Petrou of Staroil and PETA Brush Co. who steps down on December 31. Facing the challenges ahead, Antoniou said in his first statement: “Businesses, workers and the
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