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Economy - Page 56

Cyprus tourism revenue dipped 5.5% in February

Revenue generated from Cyprus tourism fell 5.5% in February to €49.5 mln from €52.4 mln in the same month of 2019, this was before coronavirus ruined this year’s holiday season. The income

29th April 2020
Cyprus/Economy

COVID19: Foreign investors pleased with crisis response

Over 92% of foreign investors are satisfied with measures taken by Cyprus to tackle the coronavirus pandemic and to manage the crisis it created. According to the results of a survey among

29th April 2020
Cyprus/Economy

COVID19: Cyprus tourism can build on corona success

Tourism can benefit from the way Cyprus handled the coronavirus pandemic, gaining a head start on other regional holiday destinations. Deputy Minister of Tourism, Savvas Perdios said Eastern Mediterranean countries that were

28th April 2020
Cyprus/Economy

COVID19: Turkish Cypriot workers want to cross Green Line

Some 1525 Turkish Cypriot builders who live in the Turkish occupied north but work in the Cyprus Republic, appealed to President Nicos Anastasiades to allow them to cross over when their jobs

27th April 2020
Business/Cyprus/Economy

COVID19: Cyprus countdown to reopening the economy

Cyprus is preparing to gradually relax restrictions introduced to stem the spread of the coronavirus as cases have remained within the single-digit range five days running. President Nicos Anastasiades is meeting with

27th April 2020
Economy

COVID19: Cyprus hopes to salvage tourist season

Cyprus will lose €1.5 bln in tourist income this year, but all is not lost as latest data suggest the authorities have COVID-19 under control that could usher a holiday wave from

26th April 2020
Economy/Life & Society

COVID19: Cyprus economy faces collapse if shutdown endures

Finance Minister Constantinos Petrides said it is vital the Cyprus economy gradually gets back to business as usual, otherwise bankruptcy will not be far behind. In an interview with state broadcaster CyBC

22nd April 2020
Business/Economy

COVID19: Businesses to gradually reopen under tight controls

Cyprus’ road map to reopening businesses and lifting the restrictive measures is to be implemented based on the epidemiological data and expert advice said, President Nicos Anastasiades. This message was conveyed by

21st April 2020
Economy

COVID19: Celestyal extends cruise suspension to June 29

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

16th April 2020
Business/Economy/Maritime

COVID19: Coronavirus will hit economies across all EBRD regions; recovery could be robust

The coronavirus pandemic will have a negative impact on economies across the EBRD regions but recovery could be robust once the outbreak is contained, according to the bank’s economists. The European Bank for Reconstruction and Development,

19th March 2020
Economy/Europe
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