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
European Union sanctions on Belarus are being delayed by a separate dispute between Cyprus and Turkey over energy resources in the Eastern Mediterranean, four EU diplomats told Reuters. EU foreign ministers gave
Cyprus has a 10-year strategy to reduce the number of fatal road accidents by at least 50% until 2030, Minister of Transport, Yiannis Karousos said. Karousos was speaking at a meeting of
With Turkish Cypriot authorities reporting a spike of 163 cases since the beginning of September, divided Cyprus has recorded more than 2,000 COVID-19 infections. On Wednesday, Turkish Cypriot authorities reported 19 new
Cyprus President Nicos Anastasiades on Thursday will inform leaders at the MED7 summit about ongoing Turkish activities in Cypriot waters and threats to reopen the fenced-off city of Varosha. Deputy government spokesman
The Republic of Cyprus has succeeded in keeping daily COVID-19 cases down to a minimum while Turkish Cypriots across the divide have shutdown ports due to a spike in infections. While the
There will be no crowds cheering during Cyprus Independence Day celebrations as the national holiday has become a victim of restrictions imposed to contain the pandemic. The annual military parade which takes
Cyprus has started a targeted scheme of 5,000 COVID-19 tests among those aged 18-40 where crowds gather such as bars, restaurants, shopping malls and universities as younger people are contracting the virus.
A woman who breached her quarantine to spread the virus by hosting a birthday party and attending social gatherings was fined €800 under the infectious diseases law by Larnaca district court on
Despite being decimated by the COVID-19 pandemic, Cyprus is not giving up on the holiday season, saying there are three more months to go and the island is open to visitors. Deputy
