Cyprus was forced to revise the second stage of its vaccination rollout with a smaller number of vaccines than expected as some of the eldest are being left out. After vaccinating the majority of elderly people in care homes and their nursing staff, health services moved to phase two of its inoculation program, which includes
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President Nicos Anastasiades has told EU foreign policy chief Josep Borrell that Brussels should take part in an informal UN-led summit on Cyprus to be convened next month in New York. According to a written statement, Anastasiades held a phone conversation on Monday evening with Borrell whom he briefed on the Cyprus problem. The President
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Cyprus and the United Arab Emirates agreed to comprehensive strategic co-operation on foreign policy and security, during a visit to Abu Dhabi by Cypriot Foreign Minister Nikos Christodoulides. Christodoulides had talks with Foreign Affairs Minister Sheikh Abdullah Bin Zayed Al Nahyan, during his working visit. The two Ministers reviewed the ever-expanding range of bilateral relations
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Cyprus police on Tuesday arrested a man aged 23 and a woman, 20, after stopping their car at 2 am in Limassol on suspicion of breaking the curfew during lockdown but found them in possession of stolen property. Officers on duty found that the duo, moving suspiciously in the residential area of Ayia Phyla, Limassol,
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The cost of bricks jumped by a quarter last year, together with other construction materials, driven by the Covid-driven slowdown in global supplies, as well as the drop in crude prices that impact the production of asphalt. According to the Cyprus statistical service Cystat, the monthly Price Index of Construction Materials for December 2020 reached
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Bank of Cyprus has reached an agreement with funds affiliated to Pacific Investment Management Company LLC (PIMCO), for the sale of Non-Performing Exposures (NPEs) with a gross book value of €545 mln. The bank said the “Helix 2 Portfolio B”, had a contractual balance of €783 mln comprising 16,000 loans, mainly to Retail and SME
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Greater regulatory scrutiny of cryptocurrencies such as Bitcoin must become a priority as they continue to play an increasingly normalised role for investors, said Nigel Greene, the CEO of deVere Group, one of the world’s largest independent financial advisory and fintech organisations. Green – a long time advocate of cryptocurrencies – spoke out after both
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Five people died of COVID-19, the Cyprus health ministry announced on Monday, with January well on its way to surpassing December as the worst month since the pandemic started. The five deaths – three men aged 79 to 91 and two women, 88 and 92 – raised the death toll for the month to 52,
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Cyprus went from record tourist arrivals to plunge 84 per cent in 2020 with the island suffering a tourism nightmare as the pandemic decimated holiday travel. Tourist arrivals plunged by 84.1% in 2020 to mark Cyprus’ worst tourist seasons due to Covid-19. Cyprus tourist arrivals reached a measly 631,609 spiralling 84.1 per cent year on
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Two lockdowns and other restrictive measures imposed by the government to stem the pandemic have delivered a body blow from which Larnaca businesses may not be able to recover. In comments to the Cyprus News Agency, local chairman of POVEK shopkeeper’s union, Kyriacos Ambizas said many businesses have gone under, and will not be bouncing
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