Cyprus inbound and outbound passenger traffic fell by more than 80% in September, the statistical service Cystat announced on Monday.

The European Union needs to come up with a strategy to counter disinformation about 5G technology or risk false claims derailing its economic recovery and digital goals, said a group of 15 countries including Cyprus, Greece, Finland and Sweden.

The spread of the pandemic, within a few weeks, put health systems to the test, highlighted the weaknesses of social protection networks, plunged the world economy into a deep recession and questioned social norms and attitudes. For businesses around the world, these developments are now overturning established assumptions, setting aside models and approaches that have been in place for decades. EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact.

The Cyprus Securities and Exchange Commission (CySEC) has on Thursday launched a consultation on the use of regtech in “AML/KYC” – obligatory identity verification in the framework of anti-money-laundering regulations.

Education Minister Prodromos Prodromou said on Friday that the government is currently strengthening Greek language teaching in primary and secondary schools for foreign children here.

Additional measures to contain the coronavirus spread imposed a week ago on Limassol and Nicosia districts only are now extended to the whole of Cyprus for the next two weeks.

Cypriot industry is a stable pillar of the economy, said the  energy and commerce minister Natasa Pilides on Friday after a meeting with prominent industrialists in Limassol.

Cyprus has the EU’s lowest annual inflation rate at -1.9% behind Greece with -2.3% with energy, housing and transport costs falling.

The Harmonized Index of Consumer Prices (HICP) in September dropped by an annual 1.9% compared with the respective period of 2019, according to data released by the Statistical Services of Cyprus.

The Open University of Cyprus ranked third with substantial improvement of its credibility index amongst eight public and private Universities of Cyprus.