Following its unprecedented rejection, Cyprus’ revised 2021 budget was narrowly approved by parliament with the government relieved to see millions for coronavirus support unlocked. The €17.1 bln budget was passed on Thursday
Cyprus President Nicos Anastasiades outlined to Brussels the difficulties the island is facing because of the slow rollout of COVID-19 vaccines ordered through the EU. He said the challenges are mainly due
By Han Tan, Market Analyst at FXTM The rally in global stocks is taking a breather before the weekend, having posted a new record high on Thursday. Most Asian benchmark indices are
By Charalambos Pitros While uncertainties remain for 2021, the Cyprus property market will continue to show its strength. With at least two viable vaccines, low mortgage rates, tight supply and supportive government
Two elderly men died on Thursday as Cyprus reported a mild drop in new SARS-CoV-2 cases to 164, with the number of patients being treated also receding slightly at 184. The improving
An earthquake recording a magnitude 5.0 on the Richter Scale in Cyprus was felt across the island and as far as Lebanon, Israel, Turkey and Syria. The Cyprus Geological Survey said the
Moody’s rating agency said the sale of a bad loan portfolio by the Bank of Cyprus puts it in a better position to deal with an inflow of new NPEs arising from
As epidemiological data improves after spiralling out of control, Cyprus can plan the gradual lifting of a lockdown to contain coronavirus, said Health Minister Constantinos Ioannou on Thursday. Cyprus went into its
Cyprus Police have registered a new record in daily fines to people for violating COVID-19 regulations after 146 individuals and three shops were reported. A Police spokesperson told CNA, the force carried
Hoteliers are exasperated as they do not expect to see serious tourist arrivals to Cyprus until the summer while hoping that mass vaccinations will help them turn a corner. Cyprus Hotel Association’s
