Shopping malls to close under stricter lockdown measures have accused the government of taking ill-timed decisions after a catalogue of mistakes in managing the coronavirus outbreak. Under new restrictions, from Friday all shopping malls will have to close over Christmas until 31 December. In comments to website Stockwatch, Nicosia Mall General Manager George Georgiou said
More
Brussels will impose more sanctions against Turkey over its drilling activity in the eastern Mediterranean but Cyprus and Greece urge EU leaders to make them tougher. If agreed at a summit on Thursday, the EU will “prepare additional listings” based on sanctions list already in place since 2019 and “if need be, work on the
More
By Hussein Sayed, Chief Market Strategist at FXTM The Euro has been one of the best performing major currencies this year, having appreciated 8% against the Dollar so far, while rebounding 14% from the March lows. The rise in the Euro has come despite depressed bond yields across both the core and periphery economies, in
More
Justice Minister Emily Yiolitis took to social media to praise the Attorney General’s decision to suspend prosecution against a working mother who was arrested for leaving her three children at home alone. She appeared in court this week facing abandonment and endangerment charges after leaving her children alone to go to work on Sunday. The
More
The future of East Med gas markets will be decided in the next couple of months, based on the outcome of the EU-Turkey discussions and the ongoing integration of the EMGF countries. Hit by the effects of the COVID-19 global economic crisis, a historical oil and gas demand destruction and unsettled 2021-2022 financial situation, East
More
Two elderly people died from COVID-19 on Wednesday, one of whom at 98 is the oldest in the coronavirus death toll in Cyprus, with the government deciding to impose stricter measures up until New Year’s eve as the situation remains out of control. At the same time, 116 patients are being treated in state hospitals,
More
Stakeholders in Cyprus shipping believe the application of the EU’s emissions trading system to maritime transport, soon to be debated in public consultations, would be ineffective, as the industry is already regulated and de-carbonising. An online panel discussion, hosted by the Deputy Ministry of Shipping, the Environment and Agriculture Ministry and the European Parliament office
More
From Friday, Cyprus will be living a nightmare before Christmas as cafes and restaurants shut, shopping malls, cinemas close while churches stay empty during the busiest time of the year, normally. A 9 pm curfew will not be relaxed, and although the dreaded SMS system won’t be reinstated, Cypriots having nowhere to go will be
More
The UN peacekeeping force in Cyprus (UNFICYP) confirmed Wednesday that despite its stringent COVID-19 procedures, there are currently 24 staff members who have the virus. The breakdown is 2 civilian positive cases of COVID-19, 4 UN police officers and 18 military personnel. Since the beginning of the pandemic in March, a total of 33 cases
More
As the Republic reported a record high of new COVID-19 cases and deaths, authorities in the Turkish occupied north also saw a resurgence, reporting their first death since October. A total of six COVID deaths were reported across the island on Tuesday. New daily cases in the Republic continue to ratchet three-digits, taking COVID-19 cases
More
