Five bidders from Cyprus, Europe and the U.S. have submitted final tenders for the installation and operation by the end of 2020 the much-delayed traffic and speed camera system, suspended since 2007, with all offers near or below the government’s initial value of €35.2 mln. The five finalists are Poland’s PolCam Systems Sp. z o.o.
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Cyprus Airways will resume flights to Athens next month after the government decided that Larnaca and Paphos airports will reopen on 9 June for flights from a select list of countries which include Greece. The Cypriot carrier said it is ready to resume operations by introducing measures to ensure the health and safety of its
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Cyprus’ government seeks to introduce heftier fines for establishments violating Health Ministry decrees regarding social distancing and hygiene measures to stem the spread of COVID-19. Justice Minister George Savvides said that the bill raises the penalties both for the infectious diseases law and the out of court fine imposed on owners of businesses active in
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By Hussein Sayed, Chief Market Strategist at FXTM Over the past several weeks it has been Covid-19 that has dominated the headlines with stimulus packages, lockdown easing, potential vaccines and the shape of the economic recovery being the main factors moving financial markets. However, that changed on Thursday when China announced its plans to introduce
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Travel giant TUI is planning to resume flights to main holiday destinations in Europe by the end of June with Cyprus earmarked as one of the best prepared to receive tourists. The major tour operator is pressing ahead to resume flight to countries where the coronavirus threat has abated. “We are planning to start flying
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Greece is considering making bilateral travel agreements with countries that have similar COVID19 epidemiological profiles –such as Cyprus and Israel, said Greek Tourism Minister, Harry Theoharis. “Citizens’ safety is the first concern that guides our actions. Τhe reception of tourists in our country will be realized in a balanced way, based on the epidemiological data,
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Cyprus reported eight new coronavirus cases on Sunday, mostly from repatriated Cypriots, a day after the island celebrated zero COVID-19 cases for the first time since the outbreak on March 9. The Ministry of Health said of the 365 samples taken from Cypriots returning on repatriation flights, seven cases of COVID-19 were found, while the
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When the government issued a tender for the supply of 420 automatic vehicle locators (AVL) to improve the efficiency of its fleet, it seems it got more than it bargained for, according to a scathing report by the public sector watchdog. A report by the Auditor General’s office has revealed that some police cars were
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The Auditor-General, the watchdog keeping public finances in check, was the main stumbling block in getting the government’s private sector aid package through parliament, which the finance minister rescinded for fear of being rejected outright in the House. All opposition parties in parliament insisted that the Audit Office of the Republic be included in the
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Coronavirus and shutting down businesses as a result of the lockdown imposed to stem the outbreak is a great opportunity for a Green reboot of Cyprus’ economy and society. Experts and stakeholders are urging countries trying to restart their economy to consider Greener solutions that would give it a boost as there is a lot
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