COVID19: One death, cases drop to 42

Cyprus reported another death attributed to COVID-19 on Saturday, with hospital admissions in decline and a slight decrease in new daily cases to 42 from 60. The Health Ministry said that a

Unemployment reaches 8.6% in Q1

Unemployment in the first quarter reached 8.6% of the labour force, data released by the Cyprus Statistical Service (Cystat) show. The labour force amounted to 453,638 persons or 62.2% of the population

New House Speaker calls for unity

Annita Demetriou, the first woman to be elected Speaker of the House, called for cooperation and unity when she met President Nicos Anastasiades on Friday. Demetriou had her first meeting with President

The morning after the day before…

By Lukman Otunuga, Senior Research Analyst at FXTM After blockbuster US inflation numbers and the ECB avoiding taper talk, stock markets hit all-time highs in the US with large cap growth stocks

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COVID19: Minister, advisors escape injunction

A demand to issue a temporary injunction order against the Cyprus health minister and the team of epidemiologists advising the government on handling the coronavirus outbreak has been dropped, the state’s legal

Economy to grow at moderate pace

The Cypriot economy will recover in 2021, albeit at a more moderate pace than the previous projections due to lockdown measures in January and April, the Cyprus Central Bank forecasts. The projections

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