Total new loans recorded an increase of €98.2 million, to €315.6 million in September 2020, compared with €217.4 million in the previous month, according to figures released on Monday by the Central Bank of Cyprus.

The Cyprus remake, a series of EU funded programmes that will affect every aspect of life in the country, will begin in the new year. The first of these will involve the creation of new businesses, sources at the Ministry of energy, commerce, industry and tourism told the Cyprus Mail.

Banks have processed around 70% of 6,442 applications in a state-backed mortgage relief scheme to the labour ministry, it emerged on Monday.

Revenue from tourism in Cyprus amounted just to €235.6 million for the period of January – August 2020, marking a steep reduction amounting to 87.3% year on year, as the tourism sector was hit the hardest by the coronavirus pandemic.

COVID-19 referral hospital Famagusta General has evacuated its pathology ward to make more room for coronavirus patients as their numbers have shot up this week.

Members of the government’s coronavirus task force were set to meet with Health Minister Constantinos Ioannou on Monday, just two days ahead of a Cabinet meeting where stricter measures are expected to be announced.

The energy ministry will seek to tap millions in EU funds to finance the transition to greener energy, minister Natasa Pilides told the House finance committee on Thursday.

The government is moving ahead to establish a Deputy Ministry of Social Welfare and Solidarity and the relevant legislation is already ready.

From the very first day of the implementation of the National Health System, meaning as of 1 June 2019, and until the first 20 days of July 2020, the number of referrals to specialized doctors recorded in the system’s software over one million, specifically, 1,314,733.

With coronavirus cases soaring, UK Transport Minister Grant Shapps on Thursday removed Cyprus from Britain’s safe travel list.