https://knews.kathimerini.com.cy/en/news/522-cyprus-army-recruits-planning-to-study-at-uk-universities
A total of 522 incoming army recruits have informed the Education Ministry that they are either candidates for or have secured a spot at a UK university for the 2020-21 academic year, but who plan to defer their offer until the following year, when home fee status and loans for EU students will be scrapped, due to their 14-month military service requirement....
https://knews.kathimerini.com.cy/en/news/army-recruits-with-offers-at-uk-universities-asked-to-submit-details-to-education-ministry
This year’s incoming army recruits were contacted by the education ministry on Wednesday via text message, which asked those who secured a position at a UK university for the coming academic year to inform the ministry so that concrete figures can be gathered....
https://knews.kathimerini.com.cy/en/news/health-minister-issues-call-to-cyprus-public-to-remain-vigilant
Health Minister Constantinos Ioannou called on the Cyprus public to stay vigilant and to continue taking personal protection measures as coronavirus is still among us, warning that we will remain unprotected until a vaccine is found....
https://knews.kathimerini.com.cy/en/news/us-to-include-cyprus-in-army-programme
The American Embassy in Nicosia says the United States are looking forward to expanding their military education and training programmes to include Cyprus, with plans to introduce professional and technical courses in 2021...
https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy
The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....
https://knews.kathimerini.com.cy/en/news/moody-s-payment-holidays-shield-cyprus-banks-in-2020-but-deterioration-likely-in-2021
Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...
https://knews.kathimerini.com.cy/en/news/eu-gives-go-ahead-for-cyprus-greece-ferry-connection-subsidy
Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....
https://knews.kathimerini.com.cy/en/news/govt-mulling-over-state-guarantee-scheme-for-cyprus-students-in-uk
Cyprus Ministers and MPs put their heads together on Wednesday to find ways of dealing with the UK’s decision to end home fee status for EU students from the 2021-22 academic year....
https://knews.kathimerini.com.cy/en/news/berlin-ready-to-support-cyprus-solution-process
Berlin intends to be supportive if asked to do so by all parties involved in Cyprus settlement efforts, the Ambassador of Germany to Cyprus, Franz Josef Kremp, told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/northwest-cyprus-to-be-rebranded-paphos-riviera-amid-fresh-tourism-designs
The Cyprus deputy tourism ministry is eyeing the western extremities of the Paphos region that is expected to be rebranded as the ‘Paphos Riviera’, announcing a new tender for the creation of a tourist development strategy and for the establishment of a tourist identity for the wider areas of Polis Chrysochous and Tylliria....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-gearing-up-for-‘british-invasion
The tourism industry in the Republic of Cyprus is fighting tooth and nail to minimize losses this year, with the tourism minister hinting at British arrivals in mid-July and hoteliers asking for specific dates to get ready...
https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal
European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-spikes-to-€24-5-billion-due-to-covid-19-crisis
Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....
https://knews.kathimerini.com.cy/en/news/finmin-delves-into-details-of-new-more-targeted-measures
Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....
https://knews.kathimerini.com.cy/en/news/president-unveils-new-stimulus-package
President Nicos Anastasiades announced on Wednesday a new set of measures to support tourism, businesses, and the self-employed workers that took a hit in the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/repair-and-prepare-eu-unveils-€750-bln-plan-for-coronavirus-recovery
The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....
https://knews.kathimerini.com.cy/en/news/greek-economy-to-get-multi-billion-euro-lifeline
Prime Minister Kyriakos Mitsotakis will announce steps to revive the economy in a televised address on Wednesday. These steps will be mainly focused on tourism but will also concern other sectors affected by the coronavirus pandemic. ...
https://knews.kathimerini.com.cy/en/news/coronavirus-picture-remains-positive-as-island-braces-for-phase-two
Cyprus maintained its streak of minimal new coronavirus cases on Tuesday, as just one new case was announced two days before the initiation of the second phase of the relaxation of measures that will see restrictions on movement lifted....
https://knews.kathimerini.com.cy/en/news/eurozone-set-for-record-recession-eu-commission-warns
The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....
https://knews.kathimerini.com.cy/en/news/drilling-activities-in-cyprus-eez-postponed-until-2021
After ExxonMobil recently postponed drillings scheduled for 2020 in the Cyprus Exclusive Economic Zone (EEZ), the Italian-French ENI-TOTAL drilling consortium followed suit, it emerged on Monday....
https://knews.kathimerini.com.cy/en/news/exit-roadmap-foresees-economy-on-recovery-path-by-q3-2020
Finance Minister Constantinos Petrides said Thursday that the government’s lockdown exit roadmap, aspects of which were presented by the President on Wednesday night, aims to see the island’s economy on the path of recovery by the fourth quarter of this year....
https://knews.kathimerini.com.cy/en/news/attorney-general-weighs-in-on-casino-probe
The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...
https://knews.kathimerini.com.cy/en/news/energy-company-proposes-installation-of-an-frsu-in-cyprus
Oslo-based company Hoegh LNG confirmed Friday it has submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus and has sent letters to top government officials outlining its benefits....
https://knews.kathimerini.com.cy/en/news/greece-condemns-turkey-s-drilling-intentions-in-cyprus-eez
Greece on Tuesday condemned Turkey’s announced intention to continue drilling inside Cyprus’ exclusive economic zone (EEZ), saying it ignores calls by the international community to respect international law....
https://knews.kathimerini.com.cy/en/news/cyprus-to-prepare-three-stage-coronavirus-exit-strategy
The Cabinet on Wednesday approved the island’s lockdown exit strategy, which foresees the resumption of the operation of vital sectors of the economy in early May....
https://knews.kathimerini.com.cy/en/news/we-ve-learnt-nothing-from-euro-crisis-ex-ec-president-juncker-says
In an interview with Politico's Brussels Playbook, former European Commission President Jean-Claude Juncker has expressed his disappointment over the discord that emerged between euro zone countries in their attempts to come up with a joint response to the economic fallout of the coronavirus pandemic. ...
https://knews.kathimerini.com.cy/en/news/exxonmobil-puts-cyprus-plans-on-hold
ExxonMobil's crucial drilling plans to confirm a large gas deposit south of Cyprus have been put on hold, with a local media report citing delays due to the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/coronavirus-derails-southern-europe-s-clean-up-from-the-last-crisis
This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....
https://knews.kathimerini.com.cy/en/news/cyprus-okays-drugs-with-one-big-caveat
The Cypriot health minister says a special committee is moving forward with procedures to make drugs available against the COVID-19 disease, while warning that no medicines have been approved for treatment of the novel coronavirus...
https://knews.kathimerini.com.cy/en/news/clocks-move-forward-this-weekend
Daylight Saving Time went into effect on Sunday in Cyprus as public opinion around the world still remains divided on whether there is value in switching back and forth...
