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691. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

692. Government unleashes new bundle of support measures

Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....

693. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

694. Cyprus records deficit of €800 million in Q2

Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....

695. 30 new cases announced as football clusters grow

30 new coronavirus cases were detected on Tuesday, many of which formed part of growing clusters developed among local football teams....

696. Winter season a window of opportunity for tourism

With the tourism sector’s performance this summer having refuted even the most optimistic forecasts that were made, the question for tour operators is what more can be done over the next period to reduce the big losses. As such, everyone's attention has shifted to the winter period that begins next November and ends in March 2021....

697. Week begins with weather roller coaster

A warm air mass moving across Cyprus will stick around this week with temperature highs reaching 40 degrees on Tuesday, with a noticeable drop expected the following day in half of the island and further cooling for the rest of the week...

698. Coronavirus measures bring sharp drop in EU asylum applications

First-time asylum applicants in the EU recorded a sharp drop of almost 70% during the second quarter of 2020, mainly as a result of coronavirus emergency measures imposed by member states from March, Eurostat figures showed Wednesday....

699. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

700. KPMG Property Lending Barometer 2020

701. 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....

702. 22.3% of Cyprus population at risk of poverty in 2019

The most recent European Statistics on Income and Living Conditions (EU-SILC) 2019 survey shows that 22.3% of the Cyprus population, that is 194,400 persons, are living in households that are at risk of poverty or social exclusion....

703. Greek tourism minister does 'not understand’ travel downgrade by Cyprus

The Greek Tourism Minister Haris Theoharis said he does not understand why Cyprus decided to downgrade Greece in its three-tier risk system grouping countries based on their epidemiological data, adding that he hopes the issue will be clarified between the two countries soon....

704. Grim tourism figures for June show Cypriots also staying put

Official figures for June tourist arrivals came to confirm the meagre state of tourism on the island this year, which remains heavily affected by the global coronavirus pandemic....

705. Almost half of Cypriots unable to shoulder cost of one-week vacation

Almost one in two Cypriots above the age of 16 is unable to shoulder the cost of a week-long vacation away from home, ranking Cyprus in the 4th worst position among EU member states, Eurostat figures for 2019 showed....

706. Hard coal consumption in Cyprus higher than 2010 levels

Europe’s statistical service announced that recent years have seen a steady decline in hard coal consumption across the EU, but figures for Cyprus show that in 2019, hard coal consumption was much higher than the year before, and even higher than 2010 levels....

707. 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....

708. New Police Chief sworn in amid sweeping modernization of the force

The new Chief of Police Stelios Papatheodorou and Deputy Chief Christos Mavri were sworn in at the Presidential Palace on Tuesday, with President Nicos Anastasiades stating that one of their main concerns should be restoration of the feeling of safety among the public....

709. Cyprus shrunk prison population by 16% as Covid-19 prevention, report shows

Cyprus was among the Council of Europe’s member states that marked the largest decrease in prison population rates during the coronavirus pandemic, a special report on the impact of lockdowns on EU prison populations that was published Thursday showed....

710. Businesses pursue strategies for turning challenges into opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

711. Companies in Cyprus ready for the new norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

712. 'Picture remains positive' as just two new cases emerge

Just two new coronavirus cases were announced during the Health Ministry’s briefing on Tuesday, with total confirmed cases in the Republic reaching 903....

713. President gives thanks to nurses and midwives

President Nicos Anastasiades expressed the government’s and his own “deep gratitude” toward nurses and midwives for their valuable contribution in protecting the public’s health....

714. Cyprus GDP to suffer 'severe contraction' in 2020, projection shows

The University of Cyprus’ Economics Research Centre has projected that the country’s GDP is set to drop by 6.9% in 2020 under a baseline scenario and by 13.1% under an adverse scenario....

715. 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....

716. Lockdown brings striking drop in air pollution, energy demand

Pollution levels in Cyprus have plummeted as a result of restriction measures enforced amid the coronavirus outbreak, which brought a significant drop in traffic and electricity consumption, highlighting the benefits of pressing forward with sustainable transport and energy production solutions....

717. Effects of COVID-19 on businesses, wider economy

The results of the PwC Cyprus Pulse Survey on the effects of COVID-19 on businesses and the wider economy, which was conducted with the participation of 45 CFOs from Cyprus, were made public today...

718. Coronavirus death toll reaches 14, confirmed cases rise to 804

A 69-year-old man succumbed to his coronavirus infection on Friday, raising the Republic’s death toll to 14, while nine more people tested positive....

719. Cypriots told to 'mask up' this summer

The use of face masks is recommended but not required in the Republic of Cyprus, while Turkish Cypriots in the north are being told medical masks are mandatory during Ramadan...

720. Israel’s Sheba declares curve ‘flattened out’

The director of Sheba Medical Center says the coronavirus epidemic in Israel is under control, adding he is confident that Cyprus was on its way to beat the virus as well...