During a teleconference with his European counterparts last Friday, President Nicos Anastasiades underlined the need for a timely adoption of the new EU budget in the framework of the European Council. The President elaborated on the major challenges of the Cypriot economy in the aftermath of the pandemic and kindly requested further EU support.

The deputy ministry for tourism published on Monday an updated version of the Covid-19 Destination Protocol that includes useful information for tourists and visitors.

The last patient with coronavirus being treated at the reference hospital of the Famagusta general hospital, an 80-year-old man, was discharged on Monday morning, among a round of applause by the morning shift of the ward.

A government-sponsored coronavirus testing scheme for 10,000 employees who returned to work under phase two and three of lifting lockdown is underway, said the Health Ministry on Monday.

The share of government debt held by the resident financial corporations sector at the end of 2019 was highest in Denmark (74%), followed by Sweden (73%), Croatia (67%) and Italy (63%), according to data released today by Eurostat, the statistical service of the EU.

As part of the measures taken by the Cypriot government to support companies/businesses affected by the restrictive measures which have been imposed in order to contain the spread of the coronavirus (COVID-19), the Department of the Registrar of Companies and Official Receiver (the “RoC”) has announced the following:

When construction sites were forced to close in the March 2020 Government lockdown, Trilogy Limassol Seafront’s works were already well advanced and on schedule. The two front tower cores had made their appearance above ground level and piling of the North Tower had been completed. Working behind the scenes from home, to establish a positive and safe strategy for the comeback, Cybarco’s goal was clear: restart at full speed with no compromise to the high quality standards, which have been setting the company apart for over 75 years.

Amid an environment filled with challenges resulting from the COVID-19 pandemic, the need to support entrepreneurship as a basic tool for economic recovery seems more imperative than ever. PwC has always supported the local community, as well as initiatives aimed at reinforcing youth entrepreneurship and innovation, through strategic collaborations with organisations such as Junior Achievement and Chrysalis LEAP.

The opening of Cyprus airports is set to enter phase two on Saturday, when passengers arriving from countries listed in category A by the Health Ministry will not need to present proof of a negative coronavirus test, but will be subjected to a mandatory rapid test upon arrival.

The new company that will be operating the island’s public transport system from July 5 announced on Friday that 220 buses comprising part of their fleet, have already arrived in Cyprus.