After reaching zero cases the previous day, Cyprus on Thursday recorded two new COVID-19 infections, the Health Ministry said. Two COVID-19 cases were confirmed from 2,602 tests taking total coronavirus infections since
An improved government financial package for reviving the economy after COVID-19 lockdown will act as the confidence boost needed for a quick recovery, said Cyprus Finance Minister Constantinos Petrides. Petrides presented on
Eight international bids have been received for the contract to supervise building a Liquefied Natural Gas terminal in Cyprus for importing LNG, the state Natural Gas Infrastructure Company (ETYFA) said. In a
The Cyprus government has approved the ratification framework for the €7 bln EastMed natural gas pipeline agreed in January with Greece and Israel that is now headed to parliament for final ratification.
Cyprus connectivity to the rest of Europe will improve after Hungary’s Wizz Air announced on Thursday it is making Larnaca its 28th base from July, stationing two A320s there. Along with the establishment
By Hussein Sayed, Chief Market Strategist at FXTM World and US stocks continue to trend higher as investors become more optimistic about the pace of the economic recovery from the Covid-19 pandemic
Cyprus welfare spending spiked to €513 mln in the first four months as the state launched support programmes to safeguard employment as people stayed home during the coronavirus outbreak. According to data
Leaders in Cyprus financial services, healthcare and consulting have been targeted by government-backed ‘hack-for-hire firms’ exploiting the coronavirus pandemic, according to Google data. Security experts at Alphabet Inc’s Google sent 1,755 warnings
Non-performing loans (NPLs) in the Cyprus banking system declined to €8.97 bln in 2019 but the NPL rate was still 27.9% of all loans. According to data released by the Central Bank
The Cyprus government announced an ‘improved plan B’ with a major input from the European Investment Bank to rescue the economy hurt by the coronavirus pandemic with loans worth €1.7 bln, as