A financial support package for businesses to cope with the impact from coronavirus disease is being prepared by the government, Finance Minister Constantinos Petrides said. He also stressed that an extraordinary budget will be approved next week by the Cabinet. The support package will be targeted at businesses and tourism, as well as employees and
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Turkish Cypriot authorities are closing two crossing points across the island’s divide at Strovilia and Limnitis until March 22 in measures to contain the spread of coronavirus in the north. This leaves only three of the eight crossing points along the Green Line operational – Ayios Dhometios, Ledra Palace and Pergamos. The Republic of Cyprus
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Cyprus Health Minister Constantinos Ioannou has not ruled out more drastic government measures to be announced in following the WHO’s decision to declare coronavirus a pandemic. President Nicos Anastasiades convened a ministerial committee on coronavirus Thursday to review public health measures. The government has already temporarily banned mass gatherings, closed all schools and universities while
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Cyprus’ ambulance service helpline is crashing under the weight of thousands of calls a day from citizens asking trivial questions about coronavirus rather than reporting symptoms. The ambulance service has issued an appeal to people not to call the helpline unless there is an emergency concerning a possible coronavirus case. Head of the department, Rania
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By Hussein Sayed, Chief Market Strategist at FXTM Stocks took a dive throughout the world, Oil plunged further and many companies are drawing down their credit lines after the World Health Organisation declared the coronavirus a global pandemic. Wednesday marked the end of the longest ever bull market for American blue-chip stocks, with the Dow
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The World Economic Forum, acting as partner to the World Health Organisation (WHO), has launched the COVID Action Platform, which is intended to catalyse private-sector support for the global public health response to COVID-19, and to do so at the scale and speed required to protect lives and livelihoods, aiming to find ways to help
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Cyprus tour operators say they are facing the worst crisis in their history and on the brink of collapse after waves of holiday cancellations due to the coronavirus outbreak. The Association of Cyprus Travel Agents Association (ACTA) called on the state to step in and provide financial aid to tour operators. The global coronavirus pandemic
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The Cyprus Education Ministry said Wednesday it was closing all public and private schools and universities as a precaution in the wake of the novel coronavirus outbreak. A statement said the action was being taken to stop the Covid-19 virus spreading. All schools in the capital Nicosia will be closed for an extended period, from
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Cyprus social and cultural habits are under the microscope after a government decree has banned going out to crowded restaurants, bars, and the cinema while church services also fall under the restriction on mass gatherings. A Cyprus Health Ministry decree was issued Wednesday banning mass gatherings of more than 75 people in a closed private
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Cyprus’ Health Ministry on Wednesday confirmed that four more people have been found positive for Covid-19 including two people arriving from the UK, taking the number of cases in the Republic to six. All the new cases were Cypriot – three men and a woman. Two people had arrived from the UK on Tuesday night
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