Hellenic Bank received a vote of confidence from a leading rating agency on Monday, days after Cyprus’ second-largest lender announced Q1 net profits of €12.9 million, the fourth consecutive quarter in positive territory despite the pandemic.

Daily Covid cases rose to 314 on Monday in the Republic of Cyprus, with President Nicos Anastasiades calling vaccinations “patriotic duty” and reminding the youth is not invulnerable.

The health ministry on Monday announced the new coronavirus travel categorization of countries based on their epidemiological picture with Greece now upgraded from orange to the green list.

Despite the pandemic crisis the government has increased the development spending to boost the recovery, Finance Minister Constantinos Petrides has said.

The vaccination programme is to be expanded to include minors aged 16 and 17, the health ministry announced on Monday.

Cyprus and the European Investment Bank (EIB) signed two new Finance Contracts for €362 million in record new financing for priority transport infrastructure and lending to businesses affected by Covid-19.

Cyprus’ economic sentiment in June increased 6.2 points from May, reflecting the improvement in high consumer confidence and activity in services.

Cyprus maritime stakeholders are joining forces on a €1 million artificial intelligence project that puts the island on the technological map to keep the seas cleaner and safer.

Cyprus traditional products that have secured or are being considered for the EU’s PDO (protected designation of origin) status were in the spotlight on Wednesday evening at a special event organised for the diplomatic community by the foreign and agriculture ministries.

Health authorities in Cyprus on Friday released a warning  by the European Centre for Disease Prevention and Control over the Delta variant of Covid-19.