Parliament on Friday approved €220 million to cover labour ministry employment support schemes and funding for small businesses.

The measures implemented by the Central Bank of Cyprus (CBC), a nine-month loan repayment moratorium and a €1.4 billion capital release issued to the banks, gave time both to the banks and the economy to recover part of their cash flow as lockdown measures enforced to curb the spread of the coronavirus outbreak are gradually lifted, CBC Governor Constantinos Herodotou has said.

Cyprus had the highest proportion of bathing sites with excellent water quality in the European Union with 99.1.%, according to a report by the European Commission and the European Environment Agency (EEA) published on Monday.

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.