Annie Charalambous

Fiscal package of economic measures against coronavirus before House plenum

A national fiscal package of measures to counter the economic consequences of the coronavirus epidemic in Cyprus goes before the House plenum for approval...

Working environment changes due to coronavirus

It’s a big challenge for Cypriots to learn to work from home, President of the Cyprus Human Resources Management Association (CyHRMA) Panayiotis Thrasyvoulou told Insider. With the...

Russia’s Putin drops a bomb on dividend payments

Russian President Vladimir Putin has shocked the business world when he announced that all interest and dividend payments leaving Russia will incur a 15%...

State to contribute towards salaries of 250,000 employees, self-employed

The Finance Ministry plans to provide the domestic market with loans up to €2 billion to maintain a security cushion. And despite the economic difficulties,...

Government wants EBA approval to freeze loan instalments by law

The government favours suspension by law of instalments payment - capital and interest –  till the year’s end but this is subject to an...

Property valuations amid uncertainty

The real estate industry is being clobbered by the coronavirus, and it’s going to get worse before it gets better, Phileleftheros reports citing experts. Key...

New measures being drafted to counter coronavirus economic impact

New measures being drafted by the government aim to protect employees, self-employed, small and medium-sized enterprises and those whose income is affected due to...

Banks in Cyprus under political, supervisory pressure

Banks are under political and supervisory pressure to adopt the four measures taken by the Central Bank of Cyprus aiming to mitigate the coronavirus-sparked...

Saturdays no longer busiest days for supermarkets

Saturdays have always been the busiest days for supermarkets in Cyprus but coronavirus has changed this tradition making all days of the week more...

Coronavirus: Cyprus real estate sector already hit

March is a very difficult month for the real estate market in Cyprus even though it is still not easy to ascertain the consequences...

Foreign investor takes over Riviera Club Residence in Paphos

The prevailing coronavirus-sparked economic freeze in Cyprus has not stopped a major investment deal in the property industry taking place last week. The €20 million...

New owners for Greece’s Famar pharmaceuticals

Not everything has been frozen because of coronavirus since a major deal was signed and sealed last Friday concerning the takeover of Famar –...

Additional support measures to boost the coronavirus-hit economy

The government is putting together additional effective support measures so as to boost the liquidity of business in Cyprus, Phileleftheros reports. The additional measure will...

Cyprus banks asking for clarifications from Central Bank

Banks are asking clarifications from the Central Bank of Cyprus following the supervisory authority’s call for additional liquidity to the economy to be granted....

Coronavirus forces rapid business evolution also in Cyprus

The recent coronavirus outbreak is forcing a rapid business evolution and reinvention of infrastructure and processes as almost everything shifts online. Studies have shown that the digital...

Call for construction sites to be included in coronavirus-mandated lockdown

Workers and developers in Cyprus are calling on the government to include construction sites in the coronavirus-mandated lockdown since health and safety measures taken...

Coronavirus outbreak sparks need for urgent new software

The island’s fledgling Deputy Ministry for Research, Innovation & Digital Policy is on high alert trying to meet urgent software needs sparked from the...

Coronavirus: political parties preparing measures to support companies, workers

Just when the government is ready with the handful of bills outlining support measures to companies and employees to address the fallout from the...

Public servants to contribute to coronavirus-hit services

Public servants and wider public sector employees could be asked to contribute to other services which are being over stretched   because of emergencies created...

Coronavirus-hit businesses wait for banks’ support

Banks in Cyprus are reviewing four specific support measures to help businesses counter the coronavirus effect with the condition that their capital is sustained. Four...

Coronavirus and food delivery in Cyprus

Now that it is no longer possible to dine out at restaurants because of the coronavirus spread, delivery could take on a new dimension...

Top Stories

11 new Covid cases in Cyprus, number steadily down, tests rising

  11 new cases of Covid-19 were announced today in Cyprus, out of a total of 3,314 diagnostic tests, taking the total number to 1233. New...

Police fire tear gas at Beirut protesters furious after explosion

  Lebanese riot police fired tear gas at demonstrators trying to break through a barrier to get to the parliament building in Beirut during a...

82 year old killed in Paphos while trying to move his car off the pavement-victim named

  An 82 year old man was killed this morning in Paphos, as he was trying to move his car away from a pavement near...

Paphos fire has scorched 5 square kilometres, still raging, destruction ‘biblical’ (update)

  A fire that broke out early this morning near the Paphos community of Archimandrita and spread on a 20 kilometre front near the villages...

Brazil COVID-19 deaths reach 100,000 and barrel onward

  Brazil’s death toll from COVID-19 is expected to hit 100,000 today and continue to climb as most Brazilian cities reopen shops and dining even...