More than one in ten small businesses (13%) were forced to shut down during 16 months of coronavirus restrictions and lockdowns.

According to a recent announcement by Moody’s Investors Service (“Moody’s”), Moody’s has upgraded the Government of the Republic of Cyprus long-term issuer and senior unsecured ratings to Ba1 from Ba2.

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. The survey of 305 CEOs (from the Forbes Global 2000) also found that within three years, 42% of respondents expect to make changes to their organization’s risk management processes.

Various measures aimed at protecting and preserving ecosystems and natural life have been taken in Akamas area in view of the opening of the National Forest Park before the end of 2022.

Rescueline, the largest road assistance provider in Cyprus, announced the acquisition of Mapfre Asistencia in Greece, one of the country’s leading roadside support providers.

People who are not registered in the national health scheme (Gesy) will be able to get vaccinated for free against Covid-19 at the walk-in vaccination centres starting Friday August 6, the health ministry announced on Wednesday.

Over 40 projects with an overall budget of €120 million have been completed in coastal Limassol during the term of the incumbent municipal council.

Almost 200 thousand people aged 18 and over have yet to be vaccinated, according to the ministry of health.

A new €90 million national action plan aims to ease Cyprus’ transition to a less wasteful, eco-friendly circular economy, Energy Minister Natasa Pilides said on Tuesday.

Cyprus’ ministry of finance welcomed Monday’s decision of the Ecofin Council, which paves the way for the implementation of the Cyprus Recovery and Resilience Plan, totaling € 1.2 billion.