Bank of Cyprus successfully issued €300 mln Tier 2 bonds that were oversubscribed four times as international investors showed confidence in the Cypriot economy. The huge interest shown by investors for a Bank of Cyprus’ Tier 2 bond constitutes a vote of confidence in the Cypriot economy’s prospects during the pandemic, government spokesperson Kyriacos Koushos
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By Constantinos Petrides In 1961, President John F. Kennedy announced the US would set foot on the moon within the next decade. At that time, the required technology was not available, and nobody had any clue whether this would be possible. Well, we all know the outcome. Neil Armstrong landed on the moon in 1969,
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Cyprus reported a record 941 new coronavirus cases on Tuesday, the highest figure since the 907 on December 29 that led, at the time, to harsh lockdown measures. Despite the authorities struggling to control the virus, the government has no intention to relax restrictions, nor to introduce new measures, for the time being, especially with
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The Cyprus Supermarket Association is calling on the Health Ministry to prioritise their customer-facing frontline staff to get a COVID-19 vaccine without further delay. In an announcement on Tuesday, the association said its supermarket employees, who have been on the front line from the first day of the pandemic serving the public. As they are
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Cyprus COVID-19 vaccination rollout this week has reached people in their 40s, as the appointment portal opens for those aged 49 and 50 on Wednesday. The Health Ministry said scheduling appointments for vaccination against COVID-19 for people aged 40-49 will gradually begin. It said the portal would open at 7.30 am on Wednesday until Thursday
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With Greek Orthodox Easter two weeks away, government officials are concerned with an upsurge in daily COVID-19 cases, but the curfew will be relaxed to celebrate the religious holiday. Cypriots will most likely be celebrating another under lockdown restrictions, as the government is ready to extend current measures until 15 May. Last year, Cyprus celebrated
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Ronald Attard, EY’s Country Managing Partner in Malta for the past eight years, also becomes Country Managing Partner for Cyprus. The company said: “Ronald joined EY in 1999 and moves into the Cypriot role having worked very closely with the firm and its partners in the last few years as part of his regional role
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Turkish Cypriots vaccination rollout was boosted after the north received another 40,000 of China’s COVID-19 vaccine doses from Turkey. The latest dispatch of 40,000 doses flown in was received on Tuesday at Tymbou airport by Turkish Cypriot health officials. With the latest delivery, Turkey has provided the occupied north with 140,000 vaccine doses to date,
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Cyprus Police are investigating the murder of a man gunned down in a ‘gangster-like’ ambush in Meneou, in the Larnaca district, on Monday night. The victim, Marios Georgiou, 34, from Larnaca, was ambushed in his luxury sports car on a remote road leading from the village to nearby Pervolia at 9 pm on Monday, on
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Authorities are struggling to cope with an increase in daily COVID-19 cases after being hit with an unforeseen third wave of coronavirus fuelled by the UK variant affecting younger people. Eirini Christaki, a scientist advising the government on the pandemic, said Cyprus is unexpectedly hit by a third wave of COVID-19 infections, affecting younger people.
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