A total of €362.9 million in new loans were recorded in May, according to data released by the Central Bank of Cyprus on Tuesday. The increase in new loans is mainly due to both an increase in loans for over €1 million and loans for the purchase of homes.

The Mall of Cyprus recently launched Better Together, a set of initiatives focusing on ESG causes and experiences, taking a step closer to a brighter future for all. The programme kicked-off with the Greener Together event, an exciting experience where innovators, pioneers and industry leaders got together to share the latest insights and products on sustainability and circular economy with the visitors of Mall of Cyprus.

The number of physiotherapy sessions offered by the General Health Scheme (Gesy) to patients with neurological disabilities will be based on their own personal needs.

Cabinet on Wednesday approved an additional €350,000 to subsidise the installation or replacement of solar water heaters amid a surge in demand for cheaper, green energy.

The Health Ministry on Wednesday issued an announcement on the mandatory use of face masks in indoor and closed places from July 8, following a decision taken earlier by the Cabinet. Masks need to be worn by anyone over the age of 12.

Employment in the broad industrial sector decreased in 2020 by 1.5% to 39,100 compared to 39,700 in 2019, according to the results of the Survey on Industrial Production 2020, published by the Cyprus Statistical Service on Monday. Production value at current prices also recorded a decrease of 5.2% to €4,719.2 million in 2020 compared to €4,976.8 million in 2019.

The upcoming presidential elections in Cyprus will take place on 5 February 2023, the Ministry of Interior has announced.

The Transport Ministry and Limassol bus company EMEL have signed a €129 million public transport agreement providing for 177 new buses to operate in the town, 35 of which will be electric.

The 60th anniversary of the Limassol Chamber of Commerce and Industry this year is marked by constant price increases, rising inflation, the pandemic’s consequences and war in Ukraine.

Hermes Airports on Friday said that it welcomes the decision by the EU Transport, Telecommunications and Energy Council and the Environment Council to adopt the proposals by Transport Minister Yiannis Karousos, for the support of air connectivity within the framework of the Fit-for-55 package of the EU.