We are considering what stance to adopt on the proposal submitted by the Traders Association regarding possible rental reductions due to the virus situation. This is not an easy job and it
The government has once again confused the public, to avoid a backlash over the Easter ‘holidays’ it decided to provide a Jekyll-and-Hyde approach in what it says publicly about the coronavirus. While
Cyprus President Nicos Anastasiades will brief political party leaders on April 23 about plans to reboot the economy and ease social distancing rules once the coronavirus outbreak is contained. Once the scientific
Cyprus’ cabinet has approved a strategic plan for slowly lifting restrictive measures to combat the COVID-19 outbreak for some businesses to open in May, but the economy will not be in full
Celestyal Cruises announced that it is to extend the suspension of its sailings until June 29 due to the ongoing coronavirus pandemic, with the first cruise on that date being the four-night
The Cyprus economy will shrink by 6.5% of GDP this year due to the coronavirus pandemic followed by a sharp rebound in 2021, the International Monetary Fund (IMF) said in its World
Cyprus helping hundreds of farmers affected financially in the COVID-19 crisis by exporting kosher meat to Israel has come under animal rights criticism. The bill is to be discussed on Wednesday amid
Cyprus’ Finance Ministry is preparing for the worst as the country’s economy is expected to take a much bigger hit from the coronavirus crisis than the initially anticipated ceiling of 9.7% GDP.
By Michael J. Hadjihannas As we witness the global economy plunging into what could easily become one of the deepest recessions in modern times, there is no accurate economic model to compare
Cyprus Finance Minister Constantinos Petrides appealed to political party leaders for unity on Monday in tackling the financial implosion brought on by the coronavirus crisis. All non-essential businesses have been shut down,
