Cyprus reported no coronavirus deaths for the first time in seven days on Friday, with a drop in daily cases to 3,042 and hospitalisations to 257, while critical patients increased to 91 from the previous day. The health ministry said in its Covid bulletin that the death toll since the pandemic started remained unchanged at
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Cyprus MPs have approved legislation reforming how civil servants are evaluated and promoted to rid an unfair system biased toward seniority over ability and performance. A majority of MPs passed the two bills. The passing of the laws was imposed by Brussels for Cyprus to be entitled to the disbursement of €85 mln from the
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The Cyprus Deputy Ministry of Shipping has launched an online discussion platform called COMEshipping (Cyprus Open Maritime Exchange) to engage stakeholders in the maritime community for ideas and views. The platform, www.comeshipping.com.cy, introduced as part of the “SEAChange2030” national strategy for shipping, has five main subject areas – Green Transformation, Digital Transformation, Safety & Security,
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Sovereign wealth funds are the latest class of investors increasingly focusing on sustainability-centered products. The involvement comes as investors continue to push asset managers to focus on environmental, social, and governance (ESG) products. According to data acquired by Finbold, sovereign wealth funds investments in the ESG space surged 215.27% between 2020 and 2021, from $7.2
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People testing positive for COVID-19 will be automatically released from self-isolation after ten days without the need to get the approval of their General Practitioner. Tweaking the protocol, the Health Ministry announced it would, from 17 January, shorten the self-isolation time from 14 days to 10, starting from the day the patient tests positive. To
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The number of children treated for COVID-19 at Nicosia’s specialist Makarios Hospital has doubled in the past fortnight, according to the director of its paediatric ward Dr Avraam Elia. In comments to the Cyprus News Agency on Friday, the head of the children’s ward said that one in three children currently being treated at the
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The Health Ministry is holding back from implementing a ‘test to stay’ policy in primary and secondary schools for close contacts of classmates who contract COVID-19, following a teacher backlash. Following a cabinet decision, the measure was to come into force next week. The test to stay policy would put aside compulsory quarantine rules for
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Cyprus successfully issued an oversubscribed ten-year Eurobond for €1 bln at an interest rate of one percent to beef up its liquidity in the face of a budget deficit caused by the coronavirus pandemic. International bids totalling €7.8 bln pushed the interest down from a maximum of 1.10% set by the Ministry of Finance. “The
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The Cyprus passport is among the most powerful and desirable in the world for 2022, according to an index prepared by London-based Henley and Partners. Their list is based on various parameters, including visa requirements and travel convenience. Cyprus came 14 among 199 world passports, as it provides its holders visa-free access to more than
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Cyprus reported three coronavirus deaths on Thursday, a drop in daily cases to 3,103 and hospitalisations to 259, while critical patients dropped to 87 from the previous day. As tests resumed in primary schools, 251 new cases were discovered at elementary and high schools. The health ministry said in its Covid bulletin that the latest
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