The Central Bank of Cyprus (CBC) said it expects banks to show flexibility to support businesses and households adversely affected by the spread of COVID- 19. The European Central Bank Governing Council with the participation of Cypriot Governor Constantinos Herodotou, agreed to additional liquidity in the eurozone’s financial system, expand its QE programme that contributes
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Some 75 people, including 30 Cypriots students who tried to enter Cyprus without proof they did not have coronavirus were quarantined rather than sent back after ugly scenes at the airports. Initially, Cyprus authorities denied entry to 30 Cypriot students on board two EasyJet flights arriving at Larnaca and Paphos airports after Monday’s 6 pm
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Cyprus Defence Minister Savvas Angelides has tested negative for the coronavirus after placing himself under self-isolation but two army officers have contracted the virus. Defence Ministry Spokesperson Christos Pieris told CNA that after an officer serving in the National Guard General Staff premises tested positive, Angelides had asked to also be tested purely as a
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Greece’s Energean Oil & Gas — which is building a portfolio of mostly gas-focused Mediterranean assets — is keen to join Cyprus’ energy search, its CEO Mathios Rigas told S&P Global Platts. Energean is keen to support the realisation of more projects to monetize the region’s vast gas resources. Rigas said Energean would be happy
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Cyprus on Monday saw its biggest daily spike in coronavirus cases with 13 people testing positive including 10 medical staff at Paphos General Hospital who treated an elderly patient in intensive care. The 13 new cases bring the total number in the Republic to 46 and six confirmed cases in the Turkish-held north taking the
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Cyprus should be coronavirus free by mid-July provided people abide by the pre-emptive social distance measures imposed by the government, said virologist Peter Karayiannis. The virologist and microbiology professor at the University of Nicosia said by the middle of the second month of summer, people in Cyprus will be able to go back to their
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Medical staff at Paphos General Hospital may have contracted the coronavirus after an elderly patient tested positive there, a doctor warned on Monday. The head of Paphos General Hospital’s cardiological clinic Joseph Moutiris suggested health professionals at the hospital have tested positive for coronavirus. Moutiris posted on Facebook that “initial test results of the medical
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Cyprus is preparing a €700 mln government support package for the country’s economy which is in dire straits after COVID-19 hit the island last week. Speaking on Monday, Finance Minister Constantinos Petrides said: “the Cyprus economy, like all the eurozone economies, could not remain unaffected by the repercussions of the coronavirus”. An extraordinary cabinet meeting
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Scammers are taking advantage of the coronavirus scare with con artists launching fraudulent campaigns that feed off, and cash in on, the climate of concern, according to an expert at cybersecurity firm ESET. “Against the backdrop of a disease that has so far caused more than 4,000 deaths and continues to spread, scammers have wasted no time
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Due to the COVID-19 pandemic, Cypriots were advised by the Cyprus Foreign Ministry to avoid all travel abroad unless absolutely necessary. The travel advice is valid from March 16 at 18:00 Cyprus time (GMT+2), up to and including April 30, 2020. “In light of the continuing spread globally of coronavirus COVID-19 and given its classification
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