The government decided to open all crossings to the Turkish occupied north on Sunday, apart from Ledra Street in Nicosia, for Cypriot citizens and residents. According to the cabinet decision taken on Friday, Greek and Turkish Cypriots and permanent residents wanting to cross the divide will have to present a coronavirus negative test taken within
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Cypriots need not fear a second wave of COVID-19 in the community if they continue to adhere to social distancing and hygiene measures, said Health Minister Constantinos Ioannou on Friday. Presenting the Ministry’s coronavirus success story, he urged the public to continue adhering to social distancing and hygiene protocols to fight off a possible second
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Cyprus on Friday widened the number of countries allowed entry after easing coronavirus lockdown travel restrictions to include virus-stricken Italy, France, Spain and neighbours Lebanon. After reassessing coronavirus data, Cyprus has readjusted its approval list to allow 32 countries entry from an initial list of 21 when a commercial flight ban was lifted on June
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By Han Tan, Market Analyst at FXTM Heightened volatility has been a staple of US equities since the end of February, with the VIX volatility index staying stubbornly above its long-term average which is normally below 20. US markets could see a sudden spike in volumes later Friday, when large derivatives positions roll over as
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The newly-built Ayia Napa Marina will greatly contribute to developing maritime tourism in Cyprus while boosting blue growth, said Cyprus Deputy Shipping Minister Natasa Pilides. The Minister this week visited Ayia Napa Marina berthing facilities, which opened at the beginning of June, following a trial period. Speaking to reporters, Pilides thanked the Marina’s CEO Stavros
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Businesses in Cyprus, including small and medium-sized enterprises (SMEs), may benefit from export and import opportunities available through the European Bank for Reconstruction and Development (EBRD) doubling its trade finance limit to the Bank of Cyprus from €50 mln to €100 mln. The facility comes under the EBRD Trade Facilitation Programme (TFP) worth €21 bln in response to the coronavirus pandemic.
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Cyprus President Nicos Anastasiades has postponed his planned official visit to Jerusalem next week after concerns over the worsening coronavirus situation in Israel. Anastasiades was due to visit Israel on Tuesday for high-level discussions energy, tourism and defence but both sides agreed to postpone until a later date. Government spokesman Kyriacos Koushos said Anastasiades spoke
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The disruption to energy markets and enduring behaviour changes caused by the coronavirus crisis, may deliver lasting change to energy consumption, Moody’s Investors Service said in a report, with the oil and coal sectors taking longer to recover, as consumers opt for more renewable sources. Recessionary forces and weaker long-term growth expectations will place pressure
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By Marinos Kineyirou The Covid-19 pandemic and measures taken to stem the spread of the virus were also an opportunity to put our economy to the test once again after the 2013 financial crisis. There is no denying that the real estate sector has clearly been affected, but at the same time it is a
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Another COVID-19 patient died in Cyprus, health authorities announced on Thursday, taking the total number of deaths directly caused by coronavirus to 19 since the outbreak in March. There were no new confirmed cases of COVID-19 for a third day running. A total of 1,074 tests returned negative results so the number remains at 985.
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