Courting Big Tech and Fintech firms is paying off; as more companies pack their bags to set up shop in Cyprus, Eurisko Mobility, active in digital transformation, announced plans to relocate.

Unemployment has dropped to the lowest level in the last 20 years, while during the coronavirus situation the state has spent around €920 million in supporting employees and businesses, Labour Minister Zeta Emilianidou said on Monday.

Bank of Cyprus CEO Panicos Nicolaou believes the island’s systemic largest lender which had hit turmoil a few years back has achieved all goals – and even more – set for 2021.

Property prices in Cyprus have bounced back by 87% compared to the first quarter of 2008, according to a recent report by the rating agency DBRS.

Indonesia is the only country to be moved up to the green category in the reviewed list of categories for travel, to be in effect from Thursday.

So far 81% of the adult population in Cyprus have been fully fascinated while 107,387 people have received the third dose of the vaccine against Covid-19, Christina Giannaki, Secretary General of the Health Ministry said.

The vaccination portal will now be available from the 30th of November for people aged 30 and over to book booster shot appointments.  According to the Ministry of Health, only those who have completed their first and second doses of Pfizer/BioNtech, Moderna and Astra Zeneca will be allowed to get their booster shots so long as 6 months have passed since their last shot.

By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers.

Entry from eight African countries has been banned as of Friday after a new coronavirus variant was detected.

The Ministry of Health has issued clarifications concerning the new measures announced on Wednesday by the Cabinet.