The Central Bank of Cyprus published data showing the evolution of aggregate non-performing loans for all credit institutions, with NPLs standing at €5.134 billion in May from €5.141 million the month before.

Unlike the technical university in Limassol, the University of Cyprus has stopped short of taking the bold decision to only allow vaccinated and recovered students on campus for the new semester.

Now that it is almost certain Cyprus is to give a third Covid-19 booster shot to protect the elderly and most susceptible, scientists are suggesting the mixing of two different vaccines.

Banks expect stricter lending criteria for households, unchanged criteria for lending to businesses and an increase in the demand for loans in all categories for the second quarter of 2021, the Central Bank of Cyprus said on Tuesday in its Bank Lending Survey (BLS).

Cyprus has made further progress in its EU recovery and resilience plan after the cabinet on Monday approved the government’s agreement with the European Commission, the ministry of finance said on Tuesday.

The Finance Ministry on Tuesday issued a decree obliging companies in Cyprus operating in the service sector and retail trade to accept payments via cards as from September 20.

Cyprus will host in October 2022 the 9th Ministerial Summit for the Environment and Sustainable Development Education of the UN’s Economic and Financial Committee.

The Cyprus University of Technology (Tepak) decided on Tuesday to only allow vaccinated and Covid recovering students to attend lessons in-person in September.

Cyprus’ Ministry of Health has said that 72.3% of adults and more than 25% of the ages of 16-17 have completed their vaccination regime.

Cyprus follows the rest of the European Union in administering a booster dose for coronavirus to vulnerable and older adults who had completed their vaccination earlier in the year.