Cyprus is to unveil a tourism roadmap for reopening airports and hotels this summer after President Nicos Anastasiades meets his cabinet on Friday. The news comes after President Anastasiades met his scientific team of advisers on the coronavirus outbreak on Wednesday, in the presence of Health, Transport, Finance, Labour, Foreign Affairs and Justice Ministers. Following
More
Cyprus’ gym industry is on the brink of collapse as Covid-19 lockdown measures have meant they have had zero income for more than two months. While Cyprus prepares to enter its second stage out of lockdown on Thursday, gyms have yet to get the green light to reopen, as they are included in the third
More
Cypriots will have to get used to the new normal of social distancing and wearing face masks at least until next year, said infection control expert Constantinos Tsioutis. “We will continue to live with coronavirus and for this reason, in the next few months, we will not be able to return to pre-COVID19 norms of
More
Cyprus has proven that to contain the spread of coronavirus a rigorous testing programme is needed based on the track-trace-isolate philosophy which is why it is among the highest testers in Europe. For the past three weeks, Cyprus has kept new coronavirus cases to single figures, and will hopefully have zero infections soon. According to
More
Extreme heat and high dust levels continue to make life uncomfortable in Cyprus with people advised to stay indoors as authorities issue another orange weather alert. Cyprus Department of Meteorology on Wednesday issued an orange warning for high temperatures which could reach a maximum 43° Celsius in Nicosia. The warning is valid from 1000 am
More
Retail investors who saw their money go up in smoke are to be compensated several years after a Limassol forex firm was sanctioned by the Cyprus Securities and Exchange Commission. Retail investors who lost their money placed with now-defunct PFX Financial Professionals will be able to claim part of their cash, some three and a
More
Cyprus remains on track to recording zero new COVID-19 cases just two days before it moves to the second stage out of lockdown after health services reported only one case on Tuesday. The new infection takes the total of COVID-19 cases reported in Cyprus since the outbreak began on March 9 to 918 (including 12
More
Stage two of easing the lockdown will go ahead as planned on May 21 after the government gave the green light while also allowing Cypriots access to organized beaches earlier than planned. Following a cabinet meeting on Tuesday, government spokesperson Kyriacos Koushos said the next stage of easing lockdown was given the go-ahead after consultation
More
Cyprus’ cabinet on Tuesday decided to offer 500 free COVID-19 tests to be performed on judges, lawyers and court officials. The decision was taken after consultations between the Justice and Health Ministers and with the agreement of the Supreme Court. Courts resumed business as usual from 4 May when the first stage of relaxing the
More
Hellenic Bank, Cyprus’ second-largest lender, posted net profits of €108 mln for 2019 with its CEO, Ioannis Matsis, stating it is in a stronger position to tackle challenges like the COVID-19 pandemic. The bank’s CET 1 capital ratio was 19.98% while its capital adequacy ratio amounted to 22.5% with a non-performing loan coverage ratio of
More
