Cyprus will begin to lift strict lockdown measures from May 4 to get its economy back on track after a two-month shutdown
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By Dr Fanos Tekelas The tourism sector has seen a substantial increase during the last 3 years as a result of the adequate strategic actions taken by policymakers and the Deputy-Ministry of Tourism. However, the sector will experience the impact
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DBRS Morningstar has confirmed the Republic of Cyprus’s long-term foreign and local currency – issuer ratings at BBB (low) and changed the trend to ‘stable’ from ‘positive’, with the short-term foreign and
Brussels is initiating a series of new economic measures worth €11 mln to help address broader socio-economic impact of the Covid-19 pandemic in the Turkish Cypriot community. This package includes support for
Turkey is likely to see a contraction of 3.5% in 2020 because of the economic impact of the coronavirus pandemic, the European Bank for Reconstruction and Development (EBRD) said in its latest macroeconomic forecast.
Cyprus’ economy will take three years to recover fully post-coronavirus after suffering a 13% decline in 2020, according to the worst-case scenario in the Finance Ministry’s stability programme. The worst-case scenario was
By Nicos Tripatsas The spread of coronavirus has brought catastrophic consequences, especially the loss of hundreds of thousands of our fellow human beings, while the damage to the global economy is enormous.
Transport Minister Yiannis Karousos is to set up an inter-ministerial committee that will prepare an action plan by the end of May to gradually reopen Cyprus airports with coronavirus as the backdrop.
Cyprus on Monday began to unlock its COVID-battered economy as construction and retail opened for business, amid government warnings to closely follow health guidelines. Moving on from Monday’s first stage out of
Cyprus GDP could drop between 7% to 14%, in an extreme scenario, according to two senior economists at the University of Cyprus who have published a position paper arguing extensive research based
Government ministers on Thursday mapped out the path that Cyprus will follow until mid-July to end the strict lockdown that the country has been under since the outbreak almost two months ago.
Cyprus will begin to lift strict lockdown measures from May 4 to get its economy back on track after a two-month shutdown to stem the coronavirus outbreak, Cypriot President Nicos Anastasiades said
