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1. 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....

2. New round of 20,000 tests on employees

The Cabinet on Wednesday agreed to launch a new round of testing for employees of businesses that are set to resume operations as part of government plans to steadily ease restriction measures....

3. 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....

4. World remains cautious over chloroquine

The US Food and Drug Administration is a step closer to a potential approval of chloroquine for treatment against Covid-19, while more doubts over the drug’s effectiveness and concerns over lethal side effects continue to pop up around the globe...

5. We will defeat our shared pandemic enemy and rise stronger in its wake

The story of U.S. leadership in the global battle against Covid-19 is a story of days, months, and decades. Every day, new U.S. technical and material assistance arrives in hospitals and labs around the world. These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and planning that is unmatched in history....

6. UNHCR steps in to ensure refugees in Cyprus receive proper protection

The UNHCR office in Cyprus has stressed that refugees must be included in the government’s planning and response to the Covid-19 pandemic, offering hands-on solutions to the myriad problems in the government’s handling of refugee and asylum procedures that have only been exacerbated by the current crisis....

7. Tax alert: Cyprus

8. 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....

9. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

10. Limassol police make headway in cannabis bust

Police are investigating a case where several kilos of cannabis were found during a raid at a warehouse near Limassol port...

11. Arcade cannabis trial pushed back

A Greek man, who was arrested in Limassol in connection with cannabis hidden inside an arcade game, is ready to plead guilty to charges but not before the class of the drugs can be scientifically ascertained...

12. Brexit – Deal or No Deal?

It seems that you can’t read the news today without some mention of Brexit. The referendum that took place took place in 2016 it now nearing the deadline and Europe as a whole is at the edge of their seats...

13. Cops discover drugs inside arcade game

A Greek national has been arrested in connection with 64 kilos of cannabis hidden inside an arcade game in Limassol, while the owner of a food supply company is wanted for questioning...

14. UK food prices likely to rise without a Brexit deal

Food prices are likely to rise after Brexit if no trade agreement with the EU is reached and there could be shortages of some products...