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1561. 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....

1562. Euro zone ministers look for economy quick fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

1563. Cabinet approves bills to decongest Central Prisons amid COVID-19 fears

Measures to decompress the overcrowded Nicosia central prisons where the risks associated with a potential spread of coronavirus are high were approved on Tuesday by the Cabinet....

1564. Cooperation and Transparency Needed to Fight COVID-19

In today’s age of social media, it has unfortunately become normal to see false information reach a broad audience instantaneously through the Interne...

1565. Cyprus court issues first penalties for decree violations

The first two penalties were issued by a Cyprus court on Friday to violators of the decree restricting movement to the bare minimum....

1566. Cyprus evaluating effectiveness of chloroquine drug against coronavirus

A consultative committee of experts at the Cyprus Ministry of Health is evaluating the effectiveness against coronavirus of the drug chloroquine, used to treat coronavirus in China and widely available in Cyprus....

1567. Cabinet approves bill allowing courts to jail violators of Covid-19 decrees

The Cabinet on Thursday approved a bill allowing authorities to impose €150 fines on violators of the decrees issued on the basis of the Quarantine Law, while a second bill given the green light authorizes certain cases to go to court which will be able to impose a prison sentence and/or a fine of up to €3,000....

1568. Loan payments to be suspended for nine months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

1569. President, Presidential Palace staff undergo Covid-19 test

Cyprus President Nicos Anastasiades and Presidential Palace staff were tested for coronavirus on Tuesday as a precaution....

1570. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

1571. Government considering to give banks €2b in state guarantees to unlock credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

1572. Man shot by police dies in hospital

A foreign national, who was hospitalized after getting shot by Limassol police during an attempt to arrest him, has succumbed to his injuries...

1573. Government: Supermarkets closures, curfew not on the table

Health Minister Constantinos Ioannou said in a tweet on Thursday that the government has no intension of shutting supermarkets, urging the public to avoid clustering in supermarkets....

1574. State suspends foreclosures for 3 months, requests 10% reduction in electricity fees

The government on Wednesday agreed to request from the Cyprus energy regulatory authority a 10% cut on electricity usage charges for a period of three months, in view of providing some breathing space as the island traverses the Covid-19 health crisis....

1575. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

1576. Officials cave in after airport tension

Government officials got a taste of their own medicine on Monday after students who flew in without complying with the latest coronavirus guidelines were granted an exception after hours of tension at the airports and inside the plane...

1577. Flights booked solid before 6pm deadline

Daytime flights from Athens to the Republic of Cyprus were sold out on Monday after the government said new arrivals on evening flights after 6pm would not be allowed into the country without a valid health certificate...

1578. Local businessman shot in rural Nicosia

A Nicosia businessman was rushed to the Emergency Room after he was shot on a rural road outside the capital...

1579. Trump declares coronavirus outbreak a national emergency

President Donald Trump said Friday he was declaring a national emergency -- "two very big words" -- to free up $50 billion in federal resources to combat coronavirus, part of a raft of new measures Trump hopes can bring a roiling health crisis under control....

1580. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

1581. EU slams Trump’s Europe travel ban

The European Union has slammed the new anti-virus travel ban announced by US President Donald Trump, lashing out at an “unilateral” decision taken “without consultation.”...

1582. Travel agents issue SOS as cancellations mount

Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....

1583. Erdogan likens Greek authorities to Nazis

Turkish President Recep Tayyip Erdogan on Wednesday said there is “no difference” between Nazis and the Greek authorities trying to hold the country’s border against the influx of thousands of migrants and refugees spurred to push into the European Union by Ankara....

1584. EU criticizes Turkey on migration as border clashes resume

Clashes between Greek riot police and migrants attempting to cross the border from Turkey erupted anew Friday as European Union foreign ministers took aim at what they called “Turkey’s use of migratory pressure for political purposes.” ...

1585. Turkey deploys 1,000 police at Greek border to stem pushback of migrants

Turkey is deploying 1,000 special police forces along its border with Greece on Thursday to halt the pushback of migrants toward its territory, Interior Minister Suleyman Soylu said, adding that 164 migrants had been wounded by Greek authorities....

1586. Greek forces use tear gas to repel migrants

Greek riot police and troops used water cannon and tear gas on Wednesday against hundreds of migrants as they made another attempt to cross the border from Turkey into Greece....

1587. Greek army, police dig in along Turkey border after migrant clashes

Greek troops and riot police remained on high alert on Tuesday along the land border between Greece and Turkey, the main flashpoint in an escalating row between the EU and Ankara over how to deal with a new wave of migrants and refugees....

1588. Guards use tear gas to disperse hundreds of migrants at Greek-Turkish border

Guards on Greece’s northeastern land border with Turkey made “deterrent use” of tear gas to disperse some 500 refugees and migrants trying to enter the country and the European Union after Ankara loosened controls on migrant flows....

1589. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

1590. Cyprus' debt at €20.74 billion in end of 2019