Deputy Shipping Minister Vassilis Demetriades believes establishing a Cyprus-Greece ferry link next May is achievable with tenders to be launched in October to offer a service priced €50 one-way. “The May deadline is attainable since with the launching of tenders we aim to provide a period of 2 to 2.5 months for candidates to study the proposals,”
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Cyprus health authorities announced six cases of SARS-CoV-2 on Tuesday, raising the total number to 1,540 as daily infections remain at single-digit levels for the third week. Four of the cases announced on Tuesday were related to clusters involving family members and friends of known cases identified through track and trace. Three of the new
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Cyprus is looking into whether it can throw an €800,000 lifeline to private Cypriot airline TUS Airways after the ailing company requested a state bailout. Confirming that TUS Airways asked for a cash injection of €800,000, Permanent Secretary of the Transport Ministry, Stavros Michael, told the Financial Mirror on Tuesday the “government is looking into
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Turkey must immediately de-escalate in the Eastern Mediterranean to start problem-solving, otherwise, Brussels will consider sanctions, EU foreign policy chief Josep Borrell told the European Parliament plenary. Borrell said he would continue to try to make room for dialogue with Turkey, no matter how difficult it may be by its conduct, warning that “anything else
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In the second quarter of 2020, the job vacancy rate in Cyprus dropped to 1.2% (4172) from 2% while in the EU the level was 1.6%, official data shows. In Cyprus, the job vacancy rate was 1.2% in April-June, down from 2.0% in the previous quarter and 1.7% in Q2 2019. The largest job vacancy
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The government on Tuesday approved 7,000 free random COVID-19 tests for footballers participating in the lower leagues and Cyprus Football Association (CFA) grassroots level. Some 7,000 out of 27,000 registered footballers in Cyprus, including the women’s championship, amateur and youth leagues are to be tested by Cyprus health services. The testing scheme falls under the
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The number of European destinations on Cyprus’ safe travel list is shrinking rapidly, as there are now just four EU states from which tourists do not need to present a negative COVID-19 test to gain entry. The ‘safe list’ is getting shorter as Cyprus demoted another two from Category A (no test needed) to B
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Non-performing loans (NPLs) rose marginally to €32.3 bln in April accounting for 27.7% of all loans in the banking system, according to data released by the Central Bank of Cyprus. According to the CBC data, NPLs in April rose to €8.95 bln from €8.92 bln in the previous month. The European Banking Authority (EBA) says
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Deputy Shipping Minister Vassilis Demetriades visited Limassol port to review its facilities and discussed the potential of using the island’s main cruise terminal as the home for a renewed Cyprus-Greece ferry link. Demetriades met with the management of the operator, DP World Limassol, and discussed the port’s potential to contribute to the development of Cyprus
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As the number of cases remains in single digits in the Republic, Turkish Cypriot authorities are having difficulty in bringing down COVID-19 infections after spiralling out of control in September. According to data released on Monday evening, Turkish Cypriot health authorities recorded another 14 COVID-19 cases, raising their total to 593. Authorities in the north
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