May economic sentiment improves

Economic sentiment in Cyprus improved slightly in May, with the monthly Economic Sentiment Indicator (ESI-CypERC) up by 1.1 points from April due to stronger business confidence in services. However, at 106.1 points,

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Eni-Total to resume drilling in May

Energy consortium Eni-Total next drill venture in Cyprus’ Exclusive Economic Zone will probably take place in May as soon as the drilling rig completes its work in Egypt, Energy Minister Natasa Pilides said Thursday.

Local government elections postponed until May 2024

Parliament approved a government proposal to postpone local elections to facilitate the sweeping reform project, eventually reshaping local authority administration. Thursday’s postponement of the elections, initially scheduled for December this year, was

COVID19: Cyprus to vaccinate 310,000 by May

Despite delivery delays announced by AstraZeneca, Cyprus’ vaccination rollout will gather speed when another 270,000 COVID-19 vaccine doses are expected next month, enabling 30% population coverage, said the Health Ministry. According to