Energy prices are set to decrease by 3.2% in 2021, the Electricity Authority of Cyprus (EAC) announced on Friday.

The European University of Cyprus has secured the new Erasmus charter for higher education 2021-2027, following the excellent score (100%) received by the relevant proposal after its evaluation by the European Commission.

Cyprus is fine-tuning its digital game as it enhances cooperation with neighbouring Israel, an established innovation hub and start-up hatching ground, to become an attractive techno-destination.

A palliative care centre for cancer patients in Famagusta is coming, says deputy head of KEPA Agios Christophoros in Paralimni.

Regarding the use of colchicine to patients with Covid-19, due to relevant announcements made in Greece and Canada, the Advisory Committee of the Health Ministry is expected to study all scientific data and will decided whether or not to include it in the treatment protocols.

Cyprus reported three more coronavirus deaths on Sunday, following Saturday’s four, raising the death toll for January dangerously close to December’s record 76.

President Nicos Anastasiades briefed EU leaders in a videoconference on Thursday evening on the problems Cyprus is facing due to the slow rollout of coronavirus vaccines mainly brought about by the production delays of pharmaceutical companies supplying jabs for the EU.

GRS Recruitment have always been at the sharp end of recruitment in Cyprus and Malta and for the last 15 years have used a UK based recruitment CRM system called Bond Adapt.  GRS Recruitment have been the pioneers of recruitment in Cyprus due to many factors, but one major factor has been “staying ahead of the game”.

With 29 votes for and 26 against, the House on Thursday passed the revised state budget for 2021, unlocking hundreds in millions earmarked for coronavirus relief to businesses and households.

Moody’s rating agency says that the new sale of a bad loan portfolio by the Bank of Cyprus, puts the bank in a better position to deal with an inflow of new NPEs arising from the coronavirus-induced economic downturn, a fact that is a credit positive.