Cyprus may target a wider deficit in 2021 than previously expected, but fiscal performance should still be strong relative to regional peers, Fitch Ratings said.

The cabinet on Wednesday decreed that all passengers from category A and B countries arriving in Cyprus must self-isolate for 72 hours and take a PCR test within 72 hours after that.

Within the framework of the strategy for gradual relaxations of COVID measures, the Cabinet decided today the in stages restart of sports and cultural activities.

The Cabinet on Wednesday agreed to allow theatres and cinemas to reopen their doors next Monday, along with department stores, shopping malls, primary public and private schools as well as high school seniors.

Nine more cases of the variant identified in Britain were confirmed Wednesday in the Republic of Cyprus, with officials rushing to impose mandatory self-isolation for air passengers arriving on the island.

There will be no special treatment for people who have been vaccinated against Covid-19, Deputy Minister for Tourism Savvas Perdios said on Tuesday, stressing that the country is open to all who fulfil the entry criteria.

Cyprus’ inclusion in the Schengen Area would help attract foreign investment and bring a significant advantage over competing European countries, the association of large investment projects said on Tuesday.

EY has been named the No. 1 provider of HR services in the HFS Research Employee Experience Services 2020 HR Transformation and Strategy report.

Cyprus has received the second and final tranche of €229 million of a total of €479 million from the EU’s Support to mitigate Unemployment Risks in an Emergency (SURE) facility.

Despite the pandemic, international markets have shown their trust in Cyprus’ economy, as the country generated €1 billion from the sale of a five-year Euro Medium Term Note (EMTN) with the lowest interest rate in its history.