The Cyprus Shipping Chamber wants the new junior minister for shipping to speed up reforms of the maritime sector and ministry restructure to make it more competitive as a key pillar driving the economy.

Travellers from around 70 countries and British overseas territories may as of today enter the UK without having to quarantine for 14 days, the CNA reports.

Cyprus universities pose an alternative choice for Cypriots who face higher UK tuition fees with no access to students loans post-Brexit, argue academics.

Europe’s statistical service announced that recent years have seen a steady decline in hard coal consumption across the EU, but figures for Cyprus show that in 2019, hard coal consumption was much higher than the year before, and even higher than 2010 levels.

EY Cyprus and the Cyprus University of Technology have signed a protocol of cooperation, on Monday, July 6, in Limassol, in order to provide and exchange know-how in matters of common interest. The protocol was co-signed by Charalambos Constantinou, Partner and Head of Consulting of EY Cyprus and Professor Panagiotis Zafeiris, Rector of the Cyprus University of Technology.

Cyprus recently announced its intention to tap two existing bonds maturing in 2024 and 2040 for a minimum amount of €500 million in a bid to replace more expensive debt (expiring by end-2020) with cheaper debt.

Cyprus recorded the third-highest population increase in the EU in 2019, a new report by Eurostat published on Friday indicates.

Kiosks and newsagents saw a 103% increase in credit card transactions, while travel related business recorded a 91% decrease in the quarter ending June 30, reflecting changing consumer habits imposed by the coronavirus outbreak.

Cyprus has been forced to drop its car scrappage scheme to get older vehicles off the road due to the economic impact of coronavirus on the government budget.

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday.