Cyprus takes a big step in restarting its all-important tourism sector with the reopening today of Larnaca and Paphos airports.

Cyprus has every right to feel proud of itself, a member of the government’s scientific team said on Thursday after it announced zero new cases, keeping the total at Wednesday’s level of 958.

The agriculture ministry on Thursday presented online platforms which sell various products directly from Cypriot producers and manufacturers.

Cyprus could permit entry to UK tourists in the next few weeks although travellers might need to present evidence of a negative coronavirus PCR test or take one on arrival, said Tourism Minister Savvas Perdios.

Some 20 airlines have so far included Cyprus in their schedules, with most starting flights in July, a senior official for the company which operates Larnaca and Paphos airports told CNA on Thursday.

The government should be cautious in channeling public funds until there is clarity concerning the development of the crisis caused by the coronavirus outbreak, the Fiscal Council said in its spring report, stressing that the crisis has once more highlighted the need to promote reforms to strengthen the Cypriot economy.

Our CEO and Chairman of the Cyprus Land and Building Developers Association, Michalis Hadjipanayiotou, in a SHARPe Talk with Andrei Manoukovski, Chairman of Moscow Sotheby’s International Realty.

The European Central Bank (ECB) has bought Cypriot bonds amounting to €481 million as part of the €750 billion Pandemic Emergency Purchase Programme (PEPP) launched as a response to the coronavirus outbreak.

The Cabinet on Wednesday gave the green light for the relaxation of certain restrictions faster than what was initially anticipated, given that Cyprus appears to have reacted well to the gradual lifting of lockdown measures so far.

Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy.