Cyprus bank deposits in November increased 5.8% annually while loans decreased, according to Central Bank data. According to the data, total deposits in November recorded a net increase of €480.8 mln, compared with a net increase of €279.6 mln in October. The annual growth rate stood at 5.8%, compared with 5.3% in October 2021. The outstanding
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In collaboration with the Cyprus Pediatric Society, the Health Ministry will start vaccinating children aged 5-11 from 2 January at the vaccination centres. A Health Ministry statement said the decision was taken to better serve parents/guardians of children. From 2 January 2022, the vaccination centre at the State Fair – point A` will serve only
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Cyprus police are investigating what is believed to be a gang-related murder of a 53-year-old man who was gunned down outside his Larnaca home on Tuesday night. The victim, identified as Andreas Evangelou, was shot by hitmen while parking his car on the ground floor of a Larnaca apartment building, where he lived at Mackenzie.
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Cyprus is bracing for stricter measures to control the spread of Covid-19 that hit two successive records in two days, with the cabinet holding an emergency meeting Wednesday afternoon to consider a tightening of testing protocols and restrictions on New Year celebrations. Health Minister Michalis Hadjipantelas will be meeting the government’s scientific advisors at 4
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Greece’s Eurobank Ergasias announced it had completed the acquisition of 12.6% of Hellenic Bank, Cyprus’ second-largest lender. The Greek bank said it completed the acquisition of a 2.7% stake of Hellenic Bank’s share capital, namely 11.19 million shares with a price of €8.95 mln. Eurobank acquired the stake from Third Point Fund. On July 23,
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In Cyprus, 17% of businesses sold online (at least 1% of total turnover), just a little under the EU average of 22%. This percentage increased by 2 percentage points from 2019. In 2020, 22% of EU enterprises had e-commerce sales, and 19% reported that their online sales reached at least 1% of their total turnover,
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House prices in the US continued to rise in October, but at a slower rate for the second month in a row, according to Alpha Bank’s Cyprus Treasury bulletin. Despite the slowdown, the October reading was the fourth highest annual increase in house prices during the last 34 years. The Alpha Bank bulletin said that
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New coronavirus cases surged to a new record of 2,241 in Cyprus on Tuesday, up from Monday’s all-time high of 1,925, with no Covid-related deaths, while hospitalisations remained at high levels of 168, as health experts see the Omicron variant pushing numbers higher. The health ministry said in its daily bulletin that the death toll
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Cyprus will be welcoming the New Year with rain and some light snow on the island’s high mountains, with low temperatures offering Cypriots the chance for a snowy escape during the first days of 2022. Weather predictions issued until Sunday estimate the island is in for some cold weather, ranging from light rain to thunderstorms
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Cypriots or residents of Cyprus who have completed their vaccination regime in other EU member states or third countries and are not registered in the General Healthcare System (GHS) are eligible for free self-test kits from Tuesday. According to the Ministry of Health, beneficiaries can receive self-tests from designated vaccination centres from 10 am-1300 daily.
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