There is media speculation the government is set to start relaxing COVID-19 restrictive measures from 4 May, if new coronavirus cases do not spike as a result of violating social distancing during Easter. Reportedly, the date was decided following a series of meetings President Anastasiades had with social partners, political parties, and advice from the
More
Cyprus will lose €1.5 bln in tourist income this year, but all is not lost as latest developments suggest authorities have COVID-19 under control that could usher a holiday wave from July. Cyprus Deputy Ministry of Tourism feels the industry could start a revival sometime in July with the first, but limited, the arrival of
More
EU Foreign Affairs Ministers have expressed concern over Turkey`s activity in the Eastern Mediterranean and reiterated their full solidarity with Cyprus after Ankara said it will continue its illegal drills off the island. This was the position voiced by the 27 who met on Wednesday via teleconference, according to EU High Representative for Foreign Affairs
More
Due to adversity, Cyprus has had to up its game in digital technology by offering online government solutions to help the public and businesses navigate the COVID-19 lockdown. Deputy Minister of Innovation Kyriacos Kokkinos told CNA that his newly established ministry is focusing on preparations to offer more online services to help through the crisis.
More
Cyprus on Wednesday recorded another COVID-19 related death, taking the total number of patients to die from the virus to 13, while confirmed new coronavirus cases fell into single digits. A total of 18 patients who contracted COVID-19 have passed away but only 13 of these deaths had coronavirus as the underlying cause. The latest
More
Cyprus ranks among the top three EU countries facing the greatest external sector risk, according to Scope Ratings’ updated external vulnerability and resilience ranking. Among 63 economies, Taiwan, China and Switzerland are the “sturdy-3”, heading up the least vulnerable to external shock. Inside the EU, Scope pinpointed Cyprus (BBB-/Stable), Croatia (BBB-/Stable) and Romania (BBB-/Negative) as
More
The Cyprus Shipping Chamber has urged the government and political parties to agree on a financing scheme to alleviate the impact of the coronavirus pandemic by providing cheap loans to companies. CSC General Director Thomas Kazakos told CNA that since the beginning of the outbreak the impact on freight rates on global shipping ranged between
More
The Lyrid Meteor Shower, active between April 16-25 every year, is expected to peak on Wednesday with stay at home Cypriots able to catch the meteor shower late in the evening. Named after constellation Lyra, the Lyrids are one of the oldest recorded meteor showers; according to some historical Chinese texts, the shower was seen
More
Cyprus is reducing the infection rate of coronavirus which is a prerequisite for easing the lockdown and social distancing measures, said Health Minister Constantinos Ioannou on Wednesday. He said Cyprus should evaluate epidemiological indicators before gradually de-escalating restrictive measures taken to stem the pandemic. Talking to state broadcaster CyBC, the minister said the government should
More
Finance Minister Constantinos Petrides said it is vital the Cyprus economy gradually gets back to business as usual, otherwise bankruptcy will not be far behind. In an interview with state broadcaster CyBC on Wednesday, Petrides said: “The important thing is for the economy to start producing because otherwise, the risk of bankruptcy is visible”. Petrides
More
