Cyprus’ recovery and resilience plan to make the economy socially and environmentally sustainable will increase GDP growth by 7% over the five-year implementation, said Finance Ministry official George Pantelis. At the online
DBRS Morningstar rating agency reports that Cypriot banks substantially accelerated the reduction of their legacy NPEs in 2020, dropping by 10 percentage points. It noted that NPEs not provisioned for reached their
According to a diplomatic source, UN special envoy Jane Holl Lute will visit Cyprus on June 21 to hold contacts with the two Cypriot leaders to gauge whether a new summit to
President Nicos Anastasiades’ efforts to deliver a Cabinet reshuffle to create a government of wider appeal have hit a brick wall as opposition parties are unwilling to offer support. Anastasiades launched a
President Nicos Anastasiades has congratulated Israel for forming a government and looks forward to further developing the Cyprus-Israeli strategic partnership. The President tweeted: “My warmest congratulations to Prime Minister Naftali Bennett and
Cyprus has decided to ban entry to people arriving from India in a bid to keep the more contagious COVID-19 Delta variant of the coronavirus from entering the island, with those exempted
Cyprus reported one death attributed to COVID-19 on Monday and a drop in hospitalisations, but an increase in new infections from 33 to 57, as the vaccine rollout portal opened to all
Health authorities reiterated that only through vaccinations will the coronavirus pandemic be effectively controlled, while from Friday onwards, the online portal will be accessible for everyone over 18. Cyprus’ much improved epidemiological
Cyprus has dropped criminal prosecution against 15 police officers for allegedly botching investigations into the disappearance of seven women and children, later found murdered by serial killer Nikos Metaxas. On Monday, the
Cypriots can now enter Denmark without being subject to quarantine rules upon arrival, as the Danish Ministry of Foreign Affairs has placed Cyprus among its COVID-19 low-risk countries list. Croatia, Luxembourg, and