They say heritage can be a blessing or a curse. That we should focus on the present, learn from our past and look to the future. At Cybarco, our Lanitis Group heritage is the backbone of the values and experiences we have carried with us for over 75 years. They have given us the vision to stretch the limits of possibility, the strength to deal with adversity and the perspective to continually aspire to something more meaningful. For Cyprus, for our customers, for our people – for you, our extended family.

Thirteen per cent of Cyprus enterprises reported online sales of at least 1% of their turnover during 2018, data showed on Monday. Τhe same figure for the EU as a whole was 17%.

Five new cases of Covid-19 were announced on Monday by the ministry of health’s epidemiology team, from a total of 1,669 tests.

Cyprus is ranked among the four countries with the lowest birth rate in the EU, Eurostat data published on Monday showed.

The Paphos Innovation Institute has gained official recognition as a private school of higher education,from the government, according to the municipality.

Tourism in Cyprus will regain its stride during the 2022-2023 season, head of the Paphos hotelier’s association Thanos Michaelides said on Monday.

The Cypriot banking system posted the fourth highest liquidity coverage ratio in the EU at the end of 2019, according to the latest data published by the European Banking Authority (EBA).

The Republic of Cyprus raised € 1.25 billion Wednesday from the issue of 52-week treasury bills through private placement, with an annual yield of 0.50%.

Moody’s ratings agency said Wednesday it had revised its outlook for the Cypriot banking system from positive to stable to reflect the impact of widespread economic disruption caused by the coronavirus outbreak.

The cabinet on Wednesday approved a plan for the gradual lifting of restrictions and reopening vital businesses from early May, provided the epidemiological data allow it, Finance Minister Constantinos Petrides said.