Cyprus’ economic activity contracted sharply in 2020 due to the COVID-19 crisis, albeit less than the EU average, but a 3.1% GDP rebound is expected this year, according to the EU Commission
Cyprus Foreign Ministry has expressed deep concern over the escalation of violence between Israel and Hamas, with at least 35 killed in Gaza and five in Israel in the worst exchanges for
Despite setbacks, Cyprus maritime authorities are determined to revive a passenger ferry link to Greece after a tender failed to attract any interest from shipping companies earlier this year. The Deputy Ministry
According to data released on Tuesday, a significant increase of 14.9% was recorded in vehicle registrations in the first four months of 2021 compared to the same period of 2020. At the
The French aircraft carrier Charles de Gaulle’s arrival at Limassol port shows the blossoming defence relationship with Cyprus in the eastern Mediterranean. French Ambassador Salina Grenet-Catalano has praised the high standard of
Police spot fines for violating COVID-19 measures declined significantly in the last 24 hours as Cyprus exited a two-week national lockdown. A police spokesperson told CNA that citizens being fined declined to
Cyprus on Monday exited a third national lockdown with a new coronavirus “safety pass” system to allow people to move freely and the economy to open up. “Cyprus takes a step towards
Cyprus has abolished movement by text message while also introducing a coronapass to access gyms, shopping malls and hospitality from 10 May while allowing limited social gatherings. The new measures and so-called
Cyprus’ National Recovery and Resilience Plan, the blueprint to absorb over €1 bln from the EU’s Next Generation fund, will be submitted to the Cabinet next week for approval. Finance Minister Constantinos
A report by international auditors and advisory PwC regarding Cyprus’ prevailing real estate market is worth studying. It reports on the reduction of real estate demand, something which I expect will get
