Central Bank of Cyprus (CBC) has filed an application to the Nicosia District Court for the liquidation of former Laiki Bank, eight years after it was sacrificed in the 2013 bailout to save the economy.

Globally, it has been highlighted the importance and the need for extended transparency, in business and corporate entities, to combat money laundering, terrorist financing and more generally, the abuse of the financial systems by criminals.

The chief financial officer (CFO) will emerge as one of the C-suite’s most critical roles in reframing the future of the enterprise post the COVID-19 pandemic and beyond, according to the 2020 EY DNA of the CFO, a survey of more than 800 global CFOs and senior finance executives.

Cyprus Shipping Deputy Ministry offers environmental incentives to support ship owners on pathway to decarbonisation.

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.