Cyprus announced two deaths from COVID-19 on Tuesday, with 252 new cases raising the total since the pandemic started to 9,199, as authorities continued with the national programme of quick-result antigen rapid tests. The Health Ministry said that the new coronavirus cases included 64 infections discovered through rapid tests over the previous days, but needed
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The coronavirus outbreak is playing havoc with postal traffic as a significant decrease in flights has meant that packages sent from or to Cyprus are facing long delays. In an announcement on Tuesday, Cyprus Post informed the public that due to the pandemic, and a subsequent decrease in flights to and from Cyprus, postal services
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Brussels will approve a deal for 160 million doses of U.S. firm Moderna’s COVID-19 vaccine, head of the European Commission Ursula von der Leyen said on Tuesday. “I am happy to announce that tomorrow we will approve a new contract to secure another COVID-19 vaccine,” Ursula von der Leyen said. She said the deal “allows
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Cyprus’ state budget 2021 is not affected by the recent surge of coronavirus cases which has led to a local lockdown of Limassol and Paphos, triggering more financial support for employees and businesses. Finance Minister Constantinos Petrides told the Cyprus News Agency on Tuesday the latest COVID-19 spike will not derail the state budget nor
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The UK Government has written to 365,000 British nationals living in Europe with advice on the actions they need to take to prepare for the end of the Brexit transition period on 31 December. This includes 16,197 letters issued to UK State Pensioners and benefit recipients in Cyprus, although the number of expats on the
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Cyprus’ economy will bounce back from the COVID crisis next year with the government determined to execute radical reforms to ensure sustainable growth. This was the message from President Nicos Anastasiades in a speech at Economist 16th Cyprus Virtual Summit. “Following the unavoidable recession of economic activity in 2020 we expect a significant rebound in
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Talk about a possible digital version of the euro over the next two to four years have raised discussions throughout the industry, with one expert suggesting this could greatly liberalise the market in terms of lessening barriers for market entry and present more opportunities for accelerating growth. “With the ever-increasing digitalisation transforming the modern world,
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Scientists advising the government are preparing more suggestions for handling the latest surge of coronavirus cases, as triple-digit daily COVID-19 cases have continued unabated for a month. Hospitals are at capacity as the number of SARS-CoV-2 patients being treated peaked at 110 on Monday, some 30 more than previous days. It is not yet clear
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As new daily COVID-19 cases in the Republic continue to ratchet three-digits, divided Cyprus has quickly notched up 10,000 infections while reporting 49 deaths attributed to the virus. As health authorities struggle to contain the spread of coronavirus, divided Cyprus reached the five-digit sum on Monday, 8,947 of which were reported in the Republic. Health
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House prices continued their upward trend in the second quarter, recording a quarterly increase of 0.9% from an 0.4% rise in the first three months, despite the growing market uncertainty induced by the pandemic. This is tracked in the Central Bank of Cyprus (CBC) Residential Property Price Index (RPPI). House prices increased by 1% while
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