Germany seeks link between rule of law and EU funds
Germany, current president of the European Union, has proposed a scheme that links access to European Union money, including the 750 billion euro recovery fund,...
Business
Uber granted 18-month London licence after legal battle
Uber has won a legal bid to restore its London operating licence which was taken away over safety concerns, after a judge ruled on Monday that...
Bank of Cyprus adds Constantine Iordanou, Eliza Livadiotou as board members
Bank of Cyprus Holdings Public Limited Company (“BOC Holdings” and, together with its subsidiaries, the “Group”) announces the departure of Dr Chris Patsalides from the...
No-deal Brexit priced at 40%-45% by markets
After Britain threatened to ditch parts of its European Union divorce deal this month, markets are pricing in a 40 per cent to 45 per...
Uber awaits court verdict Monday on new London licence
A judge is set to tell Uber UBER.N on Monday whether it has won back its London operating licence after it was removed over safety concerns, the...
Air France cuts 50% of flights in November, December
Air France is cutting the number of its flights by half in November and December, the airline announced in a press release on Friday. “Air...
Euro strength may lead ECB to intervene
A recent strengthening in the euro’s exchange rate is a worry and will warrant a reaction from the European Central Bank if it drags inflation...
2021 bookings up but too many uncertainties
By Bejay Browne Holiday bookings for Paphos next year look promising but remain heavily dependent on too many variables, according to the Paphos Hotel...
The road to economic recovery and resilience
By Erol Riza Whilst the Cypriot private sector with government support has in the past managed to adapt and recover in former crises, a...
Tourism was hit the hardest by the pandemic, Cyprus Hotel Association head says
Tourism has been hit the hardest by the pandemic, with developments unravelling in line with the worst-case scenario, President of the Cyprus Hotel Association (Pasyxe)...
Hermes airports celebrate World Tourism Day (with video)
Hermes airports launched a video on the meaning of happiness with all that Cyprus has to offer to mark this year’s World Tourism Day celebrated...
Syria accuses U.S. using sanctions to suffocate Syrians ‘like George Floyd’
Syria’s foreign minister accused U.S. President Donald Trump’s administration on Saturday of attempting to suffocate Syrians with sanctions “just like George Floyd and others were...
Tourism Minister battles tough conditions with expert marketing
We remain optimistic,” insists Savvas Perdios, Deputy Minister of Tourism at the Cyprus Deputy Ministry of Tourism, when asked about hopes for the remainder of...
‘We welcome GESY’ — Universal Life CEO
One would have expected the CEO of one of the longest established life insurance companies in Cyprus and the leader in private health insurance on...
Rating agency approval must not lead to complacency
By Andreas Charalambous and Omiros Pissarides Globalisation and the expansion of world trade and foreign investment have demonstrated the clear need for an objective and...
EU renews attack on Apple seeking $15 billion
EU antitrust chief Margrethe Vestager on Friday appealed a court ruling dismissing her order to iPhone maker Apple AAPL.O to pay 13 billion euros ($15 billion) in...
U.S., UK sign agreement on artificial intelligence
The Trump administration announced on Friday that the United States and the United Kingdom had signed a new agreement to cooperate on research and development...
Control your spending – it’s not boring!
All our lives, parents, teachers, and righteous-minded busybodies tell us to control our spending, and to save money. And almost no one actually does this....
Cyprus set to be ‘remade’
With €1bn in EU recovery grants, the scope of the changes is said to be unprecedented By Andrew Rosenbaum IN WHAT is being seen as...
Tourism recovery tracked by UN’s new app
The United Nations World Tourism Organization (UNWTO), an agency for researching, monitoring and analysing the tourist trade around the world, has launched an app which...
