Cyprus’ economy is in need of oxygen and the necessary political consensus to support business during the coronavirus pandemic said Finance Minister Constantinos Petrides. Petrides held consultations on Monday via teleconference with
Close contact with other people poses a risk of transmitting coronavirus and not going to the beach, lecturer of infection prevention at the European University, Constantinos Tsioutis told CNA. He underlined the
Cyprus is preparing to reopen the country’s airports in mid-June but under certain conditions for entry, said Transport Minister Yiannis Karousos. In comments to Sigma TV, the Transport Minister said his Ministry
University of Cyprus economists expect the country’s coronavirus-stricken economy to shrink by 6.9% of GDP in 2020 under a baseline scenario and contract 13.1% under more adverse conditions. UCY Economics Research Centre
Air traffic over Cyprus has dropped by 83% year-on-year, due to the impact of COVID-19 on aviation, according to Eurocontrol, the umbrella organisation for 41 national air traffic control agencies. Acting as
Some 10,000 final year high school students returned to class on Monday under strict health guidelines after staying home for two months due to the COVID-19 Cyprus lockdown. The rest of the
Corruption risks tend to increase in times of crisis, especially when institutions and surveillance are weak while public confidence is low, according to a study by the Cyprus Integrity Forum (CIF). According
By Hussein Sayed, Chief Market Strategist at FXTM Investors in Asia kicked off the week in an upbeat mood, with most major equity indices trading in positive territory. The upside momentum seems
Eurivex Trade Finance Ltd (ETFL), the alternate funding provider through invoice discounting, is providing small-to-medium sized enterprises (SMEs) protection for 90% of all invoices issued on credit. As thousands of SMEs gradually
Cyprus health authorities announced on Sunday the death of a woman from COVID-19 and six new confirmed cases of coronavirus, taking total deaths caused by the virus to 16. The six new
