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1981. 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....

1982. UK Cypriot behind new DIY coronavirus test

UK Cypriot engineer and professor Chris Toumazou is the mastermind behind a reliable do-it-yourself coronavirus test that is expected to be rolled out in the UK within weeks, reports said....

1983. Health advisory committee evaluating 20 countries for tourism protocol

With the Cabinet set to take concrete decisions on Friday regarding the gradual resumption of the operation of airports in mid-June, the Health Ministry’s epidemiological surveillance unit is evaluating a list of 20 countries from which Cyprus could receive tourists this summer....

1984. Cyprus all set to receive tourists from June 15

The Deputy Tourism Ministry is all set to open the Cyprus tourism market as of June 15....

1985. Cyprus extends flight ban but has a plan

Cyprus on Monday extended a ban on commercial flights into and out of the country until May 28 as the government considers ways to restore the country’s tourism industry to meet an anticipated swell in demand from vacationers eager to escape coronavirus lockdowns...

1986. The market needs oxygen, FinMin says

The market needs oxygen, Finance Minister Constantinos Petrides said Monday, stressing that the least citizens expect from politicians is to reach a consensus in order to support the economy in line with a prudent policy without placing it in further danger....

1987. Cabinet approves new bundle of support measures

The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak....

1988. The four phases of Cyprus' lockdown exit roadmap

The Health Minister on Thursday gave a detailed overview of the four phases of Cyprus’ lockdown exit roadmap, which will be subject to adjustments based on how well the island responds to the gradual easing of restrictions....

1989. Cyprus announces 'timid first steps' in easing restrictions

In a televised national address on Wednesday night, President Nicos Anastasiades presented the detailed plan of the first two phases of Cyprus’ lockdown exit plan, with the first phase, which will see a timid resumption of the economy and a small loosening of restrictions on individual freedoms, set to begin on May 4....

1990. EU governments risk clash with EU exec in bid to save tourism season

European Union governments risk a clash with the EU executive arm over their support for travel firms issuing vouchers for cancelled holiday deals without giving customers the option of cash refunds as required by EU law, diplomats said....

1991. 'Better Days Are Coming' campaign calls on tourists to visit Cyprus

A new campaign launched by the Deputy Tourism Ministry promises that ‘Better Days Are Coming’, calling on tourists to begin making plans to visit Cyprus, where idyllic landscapes and crystal clear seas will be waiting to greet them....

1992. Govt announces 2,000 more tests for employees

The government announced on Friday that it will be shouldering the cost of an additional 2,000 coronavirus tests for nursing home staff and employees working in the supply chain of food and beverage businesses....

1993. Lagarde draws line on how far ECB largesse can go

European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult....

1994. Lockdown weighs heavily on Orthodox Christians during Easter

1995. 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....

1996. Government revising price cap on antiseptics, masks

The government announced on Monday that it was revising the price cap it placed last month on antiseptics and surgical masks, as growing international demand is constantly bringing price fluctuations resulting in local shortages....

1997. 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...

1998. Paphos mayor: Government should regulate 'black market pricing' of COVID-19 tests

Condemning the fact that some are taking advantage of the health crisis and making extraordinary profits, Paphos Mayor Phedonas Phedonos demanded on Friday that the government moves to set the price of coronavirus lab tests through a decree....

1999. Bill sparks kosher debate in Cyprus

Animal rights advocates are up in arms over a new government bill that would allow slaughterhouses in the Republic of Cyprus to incorporate kosher rituals, a procedure described by animal rights activists as inhumane...

2000. 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....

2001. 20 Cyprus coronavirus patients to participate in drug clinical trial

20 coronavirus-positive patients currently being treated in Cyprus hospitals will participate in the third phase of clinical testing of the influenza antiviral drug Avigan, to evaluate its safety and efficacy against Covid-19....

2002. 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....

2003. Sports betting industry crushed by coronavirus

OPAP, Europe’s fourth-biggest betting business, has had almost all its revenue wiped out following the coronavirus pandemic lockdown measures in Greece and Cyprus, after casino operations in the Republic came to a grinding halt...

2004. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

2005. Cyprus gets tougher with stricter bundle of measures

Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....

2006. Tax alert: Cyprus

2007. Help from China on the way

The Chinese ambassador in Nicosia says Cyprus has recently taken “powerful and appropriate” measures in the fight against the coronavirus pandemic, adding that help from China is on the way...

2008. New decree enforces ban on car sales, exempts certain groups from movement ban

2009. EU secures essential protective gear for its battle against coronavirus

The European Commission announced on Tuesday that it has been successful in procuring personal protective equipment that is to be distributed across EU Member States to assist in their battles against the coronavirus pandemic, which has seen an exponential surge in demand for the essential protective gear....

2010. 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....