The cabinet, under President of the Republic Nicos Anastasiades, has decided on Wednesday to shorten the recommended time of isolation for persons who are contacts of people with COVID-19 to 10 days.

Cyprus successfully issued an oversubscribed ten-year Eurobond for €1 billion at an interest rate of one percent to beef up its liquidity in the face of a budget deficit caused by the coronavirus pandemic.

The commission’s market supervision area of activities has enjoyed significant growth, Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides said on Monday following a meeting with the house finance committee.

The deputy tourism ministry has spent the last 18 months of the pandemic ‘repurposing’ the industry, minister Savvas Perdios said on Monday.

The Recovery and Resilience Plan will facilitate the path towards improved productivity and significantly affect GDP growth, the Economics Research Centre of the University of Cyprus (CypERC) has said in a bulletin that examines the multifactor productivity growth (TFP growth) of Cyprus and assesses the evolution of the production inputs, as well as their growth-enhancing performance for the period between 1996 and 2020.

Key facts and figures about the country, geography, people, government and economy plus 2022 public holidays.

MSD's oral antiviral medicine Molnupiravir/Lagevrio, will be available only with a prescription from Monday, 17 January, according to the Ministry of Health in Cyprus.

The appraisal drilling “Glaucus-2” in block 10 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus is proceeding smoothly, Energy Minister Natasa Pilides said on Friday, during a visit to the drilling – ship “Stena Forth”. The drilling is expected to be completed in March.

The Deputy Ministry of Shipping presented on Friday its newly-launched online Cyprus Open Maritime Exchange Platform (COME).

The Olympia Group, an investment group with interests in a number of industries, announced this week it had increased its stake in e-commerce retailer and omnichannel retailer Public-MediaMarkt, operating in Greece and Cyprus, to 98% after a €50 million outlay.