It is with profound sadness that EY Cyprus announces the passing of its Country Managing Partner, David Barker. The thoughts of the entire EY family are with David’s family and friends, and we extend our deepest sympathies to them.

In light of the end of the transition period for the UK’s Withdrawal Agreement from the EU, the Tax Department of the Republic of Cyprus has made the following announcements in relation to movement of goods between Cyprus and the UK and VAT refunds:

The American University of Cyprus (AUCY) will open its doors in Larnaca in September 2021, and its second campus, in Ayia Napa, still under construction will begin welcoming students in the near future.

A further drop of €17 million was recorded in total non-performing loans in October 2020 compared to the end of September 2020.

Cyprus’ 2021 action plan for promoting the Mediterranean island’s wine branding and  boosting its export potential through other long-term actions will be finalised by end of  month.

Cyprus will remove all quarantine restrictions for Israeli travelers visiting the island from April 1, as part of the ‘Green Passport’ initiative, President Nicos Anastasiades announced after meeting Prime Minister Benjamin Netanyahu in Jerusalem on Sunday.

Cyprus has one of the highest survival rates for pediatric cancer in the world, Health Minister Constantinos Ioannou said on Monday as International Childhoood Cancer Day is marked globally on February 15.

A total of 44,429 people all across Cyprus were vaccinated against Covid-19 by Saturday, February 13, the Health Ministry said in a press release on Sunday.

Health Minister Constantinos Ioannou said if Cyprus’ vaccination plan sticks to schedule then the island will achieve herd immunity by June, by which time some 500,000 people will get the jab against coronavirus.

Students of Gymnasiums, and the first two years of Lyceums and Technical Schools will continue with distance learning until the end of February. This means that even though it was almost certain that all students would go back to school on 22 February, the measures have been extended until the end of February.