President Nicos Anastasiades has tested positive for COVID-19, Cyprus government spokesperson Marios Pelekanos said on Tuesday. The news was also confirmed by the president himself, taking to Twitter, also wishing a speedy recovery to everyone who has come down with the virus. Anastasiades said he had tested positive during routine tests on Tuesday morning. The
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Monday was a historic day for Cyprus’ traditional cheese as the island’s agriculture minister, Costas Kadis, confirmed that stakeholders reached a win-win agreement over how halloumi is made. Speaking on CyBC radio Tuesday morning, Kadis said that a full agreement was reached late in the evening after a marathon meeting over the controversial topic of
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By Lukman Otunuga, Senior Research Analyst at FXTM A sense of caution has taken hold of financial markets as investors adopt a guarded stance ahead of another week packed with key economic reports and risk events. Asian shares got no love Tuesday morning, following overnight declines on Wall Street after Apple announced plans to slow
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Cyprus’ tourism chief said he is pleased that arrivals so far this year have already reached 75% of the first half levels of the 2019 record year, and at two thirds of the whole of last year’s visitors. Deputy Minister of Tourism Savvas Perdios described the figures ‘as not bad’ and that he was “satisfied
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By Jeffrey Halley Wall Street did another U-turn overnight, finishing lower as the dearth of tier-1 data and the pre-FOMC media blackout left the FOMO gnomes chasing their tails once again. Wall Street closed modestly lower, ostensibly because Apple said it would slow hiring, joining its other tech-giant brethren. That was despite Goldman Sachs and
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The hotel occupancy rate in the Paphos district during July will reach 80%, according to the chair of the local hoteliers association Thanos Michaelides. He said last month, hotel occupancy in Paphos – which has some of the best hotels — reached a “satisfying level” and was approximately 70%, Michaelides told CNA. July is expected
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The Agriculture Ministry is confident that by the end of the month, major dairy producers will be on board with the government’s decision only to allow Halloumi products conforming with the cheese’s Product of Origin (PDO) in supermarkets. In another bid to settle a standoff between parties over what constitutes halloumi, some 10 months after
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People wanting to buy a house in Cyprus are constricted by an upward trend in construction costs and materials, with the latest figures showing a 20% jump. According to Cystat, the average cost of building a house in 2020 jumped by 19.91%, while buyers must expect to cover increases in the cost of construction materials
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Teenage track athlete Eleftheria Panayiotou was awarded an honorary plaque for helping a fellow runner who stumbled during an international race. President Nicos Anastasiades on Monday welcomed the high school pupil and her parents at the Presidential Palace to congratulate her performance at the games and her sporting gesture. In May, she received a Fair Play
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The Transport Ministry wants to see more Cypriots opting to park their private vehicle in favour of hopping on a bus with an extended network of routes and smart solutions. In comments to the Financial Mirror, a ministry source said that with the completion of a public transport revamp, following new concession agreements signed with
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