A total of €438,000 worth of bounced checks were recorded for the month of April, according to data announced by the CBC on Wednesday. This is the largest monthly value of bad checks recorded since 2020, and it corresponds to more than half of the total amount of bad checks recorded throughout 2020.

Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of the escalating global economic dangers stemming from the war in Ukraine.

The Cabinet of Ministers on Tuesday approved a new tax incentives scheme aimed at attracting foreign companies and high-quality workers to Cyprus.

Ayia Napa’s municipal authorities have installed an audio guidance system for people with visual impairments at Landa beach, it said on Wednesday.

As of Sunday, May 15, the coronavirus SafePass will be abolished in all restaurants, cafés, bars and nightclubs in Cyprus.

Cabinet on Tuesday approved a new holiday scheme for people with disabilities expected to benefit some 600 individuals.

Greek oil and gas company Energean on Monday announced the discovery of a commercially exploitable natural gas field in Israel’s exclusive economic zone (EEZ), with Cyprus being considered as a potential export destination.

Cabinet on Tuesday approved a €600,000 incentives scheme for the installation or replacement of solar water heaters in homes proposed by Energy Minister Natasa Pilides.

Never before has Greece had half a million tourists from the United States in one year, or more than 60 direct weekly flights between the US and Athens, Tourism Minister Vassilis Kikilias told Skai Radio, adding that the government expects significant revenues from the sector in 2022.

Larnaca’s port is getting ready to welcome the summer season’s first cruise ships as of Friday and prospects are as high as can be, Philenews reported on Tuesday.