The EU’s Spring Forecasts for 2022 and 2023 are in line with the latest projections of the finance ministry and once again demonstrate the resilience of the Cyprus economy in times of crisis, Finance Minister Constantinos Petrides said on Tuesday.

The Deputy Ministry of Research, Innovation and Digital Policy signed today, at the Presidential Palace, a Memorandum of Understanding with Amazon Web Services (AWS), aimed at supporting the modernization of state infrastructure and speeding up the adoption of cloud services in the Cyprus public and private sectors. The MoU was signed by the Deputy Minister, Kyriacos Kokkinos, and the Director of Europe Public Sector in Amazon Web Services Cameron Brooks.

A total of 74 bathing areas and two marinas have been awarded the Blue Flag this year, a significant achievement that bestows added value to Cyprus tourism and promotes the principles of sustainability and ecology, Agriculture Minister Costas Kadis said on Tuesday.

ServPRO is proud to participate and present “Cyprus: a Destination for Business Relocation & Investment” at the International Exhibition CODEWAY EXPO 2022 held in Rome, Italy, between 18-20 May 2022.    

The education ministry has launched a European project aimed at mitigating the digital divide in remote school communities and is calling on all school units interested in participating to submit proposals.

The inauguration for the second phase of the construction of cycling lanes connecting the Universities of Nicosia with the city center occurred on Saturday, beginning with a cycling tour from the University of Nicosia to the Municipal Theater in the center of town. In attendance were the Minister of Transport, Yiannis Karousos and Nicosia Mayor Constantinos Yorkatzis, along with a number of cyclists.

Cyprus should expect higher joblessness and further inflation in 2022, which is also expected to impact the recovering tourism sector, but the economy should improve next year, according to the EU’s Spring Forecast published on Monday.

Cypriots owning land in non-military areas inside the British Bases can sell or develop their property, following a milestone agreement between Cyprus and the UK.

The Cyprus Securities and Exchange Commission (CySEC) announced the launch of an online platform which will reinforce its efforts to curtail money laundering.

President Nicos Anastasiades on Saturday inaugurated a new rehabilitation wing at the Eoka veterans’ rehabilitation centre in Palodhia, Limassol.