Since July, 48.1% of Cyprus coronavirus cases were asymptomatic while the average age of those diagnosed with the virus was 31, according to the Health Ministry’s latest Epidemiological Report. The median age of cases since March is 39, justifying the Ministry’s decision to launch a targeted scheme of 5,000 COVID-19 tests among those aged 18-40
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Cyprus has earned trust and international plaudits for the way it handled flight arrivals during the coronavirus pandemic as it stepped up testing at airports, said Transport Minister Yiannis Karousos. Briefing the House Transport Committee on Friday, Karousos told MPs that Cyprus was praised in the UK and Sweden for its exemplary manner of bringing
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Cypriots are making the most of an upgraded state scheme to boost domestic tourism by encouraging them to take a discounted local holiday during the pandemic. However, tourism stakeholders feel this is not enough to get the tourism sector out of the tight spot it has found itself because of coronavirus travel restrictions for foreign
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Boris Johnson’s controversial plan to rewrite parts of the Brexit withdrawal agreement could trigger a “significant exodus of wealth” from the UK, warns Nigel Green, CEO of deVere Group, one of the world’s leading financial advisory and fintech groups. “Johnson’s plans to modify the Brexit agreement that his government agreed and signed upon in January
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European Union leaders of Mediterranean states (MED7) gave their full support to Cyprus and Greece against Turkey infringing their sovereign rights while backing tough sanctions as a last resort. Heads of State and Government of Cyprus, France, Greece, Italy, Malta, Portugal and Spain concluded their summit in Ajaccio on Thursday with a joint declaration. “We
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Cyprus continues to swelter under unusually high temperatures in September as the Meteorology Department issued another yellow alert for “extreme heat” on Friday as maximum temperatures soar to 40°C. Forecasts say that Cyprus is to ‘cool off’ by Monday with top temperatures returning to the seasonal norm of 35°C. Temperatures on Friday are expected to
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US Secretary of State Mike Pompeo will visit Cyprus on Saturday to seek a peaceful end to mounting eastern Mediterranean tensions as he called on Turkey to disengage. Pompeo will hold talks in Cyprus after a trip to Doha where he will help inaugurate long-awaited talks between Afghanistan’s government and the Taliban. The top US
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By Han Tan, Market Analyst at FXTM A gust of optimism is sweeping through equities with Asians stocks mostly higher, while US futures are climbing, despite Wall Street faltering on Thursday. Investors are mulling the now-dimmer prospects of another round of US fiscal stimulus before the November elections, after Senate Democrats voted to block the
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Cyprus has succeeded in keeping daily COVID-19 cases down to a trickle as health authorities announced just three new cases on Thursday. While Cyprus has kept cases below double figures for 13 days running, all cases reported on Thursday have a recent travel history. One of the three imported cases involved a Cypriot expat living
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Commercial banks must properly prepare to address a new cycle of non-performing loans in 2021 created by the coronavirus pandemic, warned Cyprus Central Bank governor Constantinos Herodotou. He believes that NPLs are expected to rise in 2021, as the debt repayment holiday scheme introduced in mid-March following the Covid-19 outbreak ends in December. “Rationalisation of
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