In its research, credit agency S&P notes several themes that weigh against the Cyprus economy – the other credit agencies also make the point that these issues are holding Cyprus back.

Cyprus is considered one of the countries successfully implementing a Covid-19 vaccination programme and is among the first that rolled out mass rapid screenings, President Nicos Anastasiades said Wednesday during a visit at a large vaccination centre in Nicosia.

Paphos is looking to Alexandria to establish a direct link between the two cities and low-cost carriers Ryanair as well as Air Cairo have both expressed interest, Philenews reports.

Cyprus President, Nicos Anastasiades, said on Wednesday that Cyprus has ordered and is ready to receive Covid-19 vaccines for two million people.

President Nicos Anastasiades said Wednesday that he was hopeful that economic activity could resume by the end of spring, given that no unpredicted developments arise on the part of pharmaceutical companies.

EY Cyprus, staying true to its commitment to Building a better working world, offers professional development and recognition to its people and reinforces its Tax team with a new partner, who, through his experience and know-how, contributes to achieving this purpose every day. In this context, we are pleased to announce the appointment of Christos Tooulas as Associate Partner. This promotion is the result of Christo’s hard work and dedication to our clients, to his team and to EY’s global goals.

A €1.37 million contract for improvement work at Ormidia fishing shelter was signed on Tuesday aiming to bolster competitiveness and sustainability of fishing in the area.

Tourists will be able to move around without sending an SMS, just with a special form, but they are not exempt from the measures that apply for everyone else, an official within the tourism industry clarified on Tuesday.

A plan by the deputy ministry of tourism to subsidise the creation of traditional handicraft and winemaking workshops for the public in remote and mountainous rural areas was approved on Tuesday by the Council of Minsters.

The number of unemployed persons in Cyprus rose by 25% in March 2021 compared with March 2020, with the labour market affected by the continuation of the coronavirus pandemic.