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2011. Post-lockdown jump in coronavirus cases rattles Turkish officials

Turkey may have to adopt a harder line on social interactions following a worrying jump in coronavirus infections but it has no plans to reverse an easing of lockdown restrictions aimed at reviving the economy, officials say....

2012. 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...

2013. Cyprus the highest climber in IMD 2020 World Competitiveness Ranking

Cyprus was the highest climber in the 2020 IMD World Competitiveness Rankings, marking an improvement in all four categories that make up the overall ranking....

2014. Greece will be better prepared for second wave of Covid-19, PM says

Greece will be better prepared if the coronavirus pandemic resurfaces in fall, Prime Minister Kyriakos Mitsotakis said on a television interview on Sunday night....

2015. Anastasiades asks EC President for greater support

In a phone conversation on Sunday evening, Cyprus President Nicos Anastasiades asked European Commission President Ursula von der Leyen for greater support in dealing with the multifaceted problems faced by the island....

2016. Cyprus gets tough on golden passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

2017. EU to ease virus travel bans from July 1, but not to all

The European Union on Thursday announced plans to ease a ban on nonessential travel to the continent, with foreign students, non-EU nationals who normally live in Europe and certain highly skilled workers likely to be exempt from the coronavirus restrictions from July 1....

2018. KPMG launches series of technical webinars

2019. Greece and Italy sign ‘historic’ maritime borders accord

Greek Foreign Minister Nikos Dendias and his Italian counterpart Luigi Di Maio on Tuesday inked a maritime borders agreement delimiting an exclusive economic zone (EEZ) between the two countries....

2020. Preservation of jobs a priority, dep. government spokesman says

The government is determined to do everything in its power to prevent the loss of jobs, deputy government spokesman Panayiotis Sentonas said Friday....

2021. Finance minister makes the case for Cyprus

Finance Minister Constantinos Petrides is confident the tourism industry in the Republic of Cyprus won’t have a catastrophic year following the pandemic, while calling on Europe to step up its recovery plan equally across the board...

2022. 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....

2023. Market sentiment looking up, FinMin says

Market sentiment is looking up, Finance Minister Constantinos Petrides said Tuesday after a broad meeting at the Presidential Palace between President Nicos Anastasiades and representatives of financial institutions....

2024. Lawmakers to vote on budget for new support measures

The Finance Ministry will be seeking lawmakers’ green light for the supplementary budget of €220 million involving a string of measures to keep the economy afloat after the slowdown brought about by the coronavirus pandemic. ...

2025. Cyprus scores Wizz Air base in Larnaca

Cypriot aviation scored a big win this week after Wizz Air said it would turn Larnaca airport into a base, as the island is trying to restore connectivity and the airline industry going through a hygiene makeover...

2026. 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....

2027. Cyprus expects 600,000 tourists by August

The island is expected to receive some 600,000 passengers in August, Transport Minister Yiannis Karousos said Thursday, noting that this estimation includes people flying in on commercial and private planes....

2028. Cyprus to foot the bill for infected tourists

The Republic of Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation on the eastern Mediterranean island nation...

2029. 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...

2030. 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....

2031. Greece to welcome Germans, Cypriots, Israelis in first wave of visitors

Greece will allow travelers from around two dozen countries including Germany, Cyprus and Israel to visit from mid-June without having to be quarantined, government officials said, part of a gradual easing of coronavirus lockdown restrictions....

2032. Republic of Cyprus starts its biggest engine

A new presidential address to the nation on Wednesday is expected to set the tone as the Republic of Cyprus is gearing up for the summer season but debate over health concerns and social distancing still rages on...

2033. Twelve businesses booked for failing to test employees

Widespread inspections between May 18 and May 22 at businesses that resumed operation with the steady relaxation of lockdown found that 12 businesses had not made sure that their employees got tested for coronavirus before allowing them to return to work....

2034. President to announce new support package on Wednesday

President Nicos Anastasiades will address the Cyprus nation on Wednesday to announce a new package of measures to support the economy and workers....

2035. Pandemic highlighted urgency of tackling climate challenges

While the coronavirus crisis has highlighted our vulnerabilities as a globally connected society, the recognition of the need to stabilize our climate and protect biodiversity preceded the current crisis by many years, Wolfgang Cramer, Scientific Co-Director of the Mediterranean Institute of Marine and Terrestrial Biodiversity and Ecology (IMBE), said Friday....

2036. Cyprus plans to tap into ESM’s pandemic credit line

Cyprus will tap into the European Stability Mechanism’s Pandemic Crisis Support fund to cover its elevated healthcare expenditure which came as a result of the coronavirus outbreak, Finance Minister Constantinos Petrides said Thursday. ...

2037. 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. ...

2038. Cabinet scraps bill for government loan guarantees

The Cabinet on Tuesday withdrew a bill that would allow the government to provide guarantees for loans to be given to businesses affected by the coronavirus pandemic....

2039. President seeks input ahead of big decision

A crucial event is taking place on Friday at the Presidential Palace, as the epidemiological taskforce is meeting with President Nicos Anastasiades to assess the situation on the ground and the next steps in easing lockdown restrictions...

2040. EU pushes to unlock borders as coronavirus ravages travel