In the second quarter of 2020, the job vacancy rate in Cyprus dropped to 1.2% (4172) from 2% while in the EU the level was 1.6%, official data shows. In Cyprus, the
The number of European destinations on Cyprus’ safe travel list is shrinking rapidly, as there are now just four EU states from which tourists do not need to present a negative COVID-19
Non-performing loans (NPLs) rose marginally to €32.3 bln in April accounting for 27.7% of all loans in the banking system, according to data released by the Central Bank of Cyprus. According to
Deputy Shipping Minister Vassilis Demetriades visited Limassol port to review its facilities and discussed the potential of using the island’s main cruise terminal as the home for a renewed Cyprus-Greece ferry link.
Cyprus health authorities reported eight new cases of SARS-CoV-2 on Monday, five of whom were related to a cluster that formed last week and discovered through contact tracing. The Ministry of Health
Cyprus’ economy will fare better than expected from the pandemic fallout as it is expected to contract less than 7% of GDP this year, said Finance Minister Constantinos Petrides. In the early
Cyprus has applauded the agreement to establish diplomatic relations between Bahrain and Israel calling it another positive step for regional peace and stability. The Foreign Ministry tweeted on Monday: “Cyprus welcomes the
Turkey said the United States needed to return to a neutral stance on Cyprus after Washington and Nicosia signed a deal to build a security training centre in Larnaca as part of
Cyprus’ re-tweaked deal with Russia to avoid double taxation is good news as terminating the agreement by Moscow would have hurt the economy in sparking an exodus of Russian businesses, tax experts
Cyprus reported three new COVID-19 cases on Saturday all were detected during 989 tests at the island’s two airports. Two of the cases were Austrian tourists, a mother and daughter and the
