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1861. Washington lifts Cyprus arms embargo

Washington has announced a partial lifting of a decades-old arms embargo to the Republic of Cyprus, with Turkey saying the decision ignores equality and balance between the two sides on the divided island...

1862. Cyprus prepared for expected Covid-19 surge in winter

The autumn and winter seasons are expected to see increased numbers of coronavirus cases, member of the government’s coronavirus advisory committee, Professor Constantinos Tsioutis, said Tuesday, noting that both the Cyprus health system and public is ready to face a new surge....

1863. Tourism sector in Ayia Napa, Protaras records €15m loss in 2020

The tourism sector of the eastern coastal destinations of Ayia Napa and Protaras suffered losses estimated at €15 million during the current tourist season as a result of the stem in tourist arrivals against the backdrop of the ongoing coronavirus pandemic....

1864. Cyprus unveils measures for remainder of year

The Republic of Cyprus has unveiled its latest measures against the spread of the coronavirus for the remainder of the year, including mandatory masks for students and optional repeat tests for travelers...

1865. Daily count climbs ahead of new measures

The Republic of Cyprus reported 26 new COVID-19 cases on Wednesday, bringing the grand total to 1385 a day after the highest number of daily tests carried out since the virus outbreak in early March...

1866. New measures as clusters appear to be growing

Another dozen of new cases of the coronavirus included secondary contacts such as a person who got infected at a party earlier this month, with government agencies coordinating further measures by week’s end...

1867. Covid-19 safety measures must become way of life, expert says

The additional coronavirus protection measures that the Cyprus government re-instated some ten days ago will constitute the island’s new normal for at least the next six months, member of the government’s coronavirus advisory committee Leondios Kostrikis said Monday....

1868. A second lockdown would be a grim financial equation

With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....

1869. Male Cypriots urged to negotiate postponement of higher fees with UK universities

Male Cyprus high school graduates considering going on to a UK university but who must first complete a 14-month military service, by which time the UK is set to enforce its decision to scrap home fee status for EU students, are urged to directly contact their university of interest to negotiate a postponement of the fee increase, allowing them to enrol next under current fee status....

1870. Cyprus perturbed over Russia tax move

Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...

1871. UNFICYP renewal invokes reactions

The United Nations Security Council unanimously adopted a new resolution on Tuesday, providing for the renewal of the mandate for the UN Peacekeeping Force in Cyprus for another six months while also invoking mixed reactions...

1872. Cyprus to draw over €2.7b from EU pandemic recovery fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

1873. Tourism prospects completely lost, Famagusta hoteliers say

All tourism prospects for this year are definitively lost, the Famagusta branch of the Cyprus Hotel Association claimed after a meeting between its board of directors and the president of ruling party Disy Averof Neophytou....

1874. Tseriou Avenue revamp plans picking up speed

1875. 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....

1876. Army recruits with UK university offer 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....

1877. 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....

1878. 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...

1879. Pandemic's 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....

1880. 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.”...

1881. 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....

1882. 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....

1883. 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....

1884. 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....

1885. 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...

1886. 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....

1887. 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....

1888. 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....

1889. 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...

1890. 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....