Cyprus should lower its expectations from tourism in 2020 as it will only get 30% of the nearly four million tourists that came last year due to coronavirus, said Tourism Minister Savvas Perdios. Talking at a tourism conference, Perdios said that undoubtedly this will be a very difficult year for the sector, with the epidemiological
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Greece and Israel say they are pushing ahead with Cyprus to build an ambitious €7 bln EastMed gas pipeline to mainland Europe. Greek Energy Minister Kostis Hatzidakis discussed the issue with his Israeli counterpart Yuval Steinitz, on Tuesday, during the Greek Prime Minister’s official visit to Israel. The two Ministers expressed their strong commitment to
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Authorities will need to be wary over letting people into the Cyprus Republic from the north through crossing points as Turkish Cypriot authorities reopened Tymbou (Ercan) airport on Wednesday. Member of the COVID-19 scientific advisory committee to the government, Dr Peter Karayiannis told the Cyprus News Agency that authorities should contemplate whether travellers allowed into
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Israel Prime Minister Benjamin Netanyahu and Greek counterpart Kyriakos Mitsotakis issued a joint message to Turkey warning it to respect maritime rights of other nations in the Eastern Mediterranean. With Greece, Israel and Cyprus partnered up on energy projects in the eastern Mediterranean, Mitsotakis warned against what he called Turkey’s “aggressive behaviour.” On Tuesday, the
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Cyprus Defence Minister Savvas Angelides stressed to his European counterparts the need for an EU naval presence in the region due to Turkey’s destabilising activity in the Eastern Mediterranean. The briefing took place during a teleconference of EU Defence Ministers on Tuesday. They discussed ways of increasing EU involvement at an operational level as well
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Cyprus on Tuesday managed to report no new coronavirus cases for the sixth time since the outbreak began on March 9, but it has not managed to stay on zero for more than 24 hours. Health authorities said they detected zero COVID-19 cases, after conducting 912 lab tests, which means the total number of positive
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Investors who have been “paying attention” have been topping up their investment portfolios and will continue to do so, according to the CEO of a leading financial advisory and fintech organisation. The comments from Nigel Green, the chief executive and founder of deVere Group, which has $12 bln under advisement, come as stock markets around
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Cyprus is the best-improved country in the IMD World Competitiveness Centre 2020 report after rising 11 places to rank 30 among 63 nations. According to the report, Cyprus’ impressive progress is mainly due to the continued improvement of the general economic situation, especially in the field of employment and investment attraction. The state’s improved efficiency
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Israel has targeted August 1 for when it starts welcoming tourists from neighbouring Greece and Cyprus, Prime Minister Benjamin Netanyahu said on Tuesday. “We are looking now into reopening tourism, in which case Greece and Cyprus will be the first,” said Netanyahu. He said he hoped that as of August travellers to and from Cyprus
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Cyprus needs to get connected after being ranked among the bottom five EU countries in the Digital Economy and Society Index (DESI) published by the European Commission. Despite having improved its score in all five areas covered by the Index, Cyprus still performed poorly compared to the EU average coming 24th out of 28 member
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