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.

Six ‘advanced’ passenger ships operated by cruise giant Carnival are laying up in Moni anchorage, east of Limassol, for the duration of the Covid-19 imposed restrictions that have halted cruises worldwide.

Τhe Natural Gas Infrastructure Company of Cyprus (ETYFA) has issued notice that it was going ahead with the consortium that was awarded the LNG import terminal, paving the way for Cyprus’ largest energy project.

A strategy for biodiversity was approved by the Council of Ministers on Wednesday and will be presented on Friday on the occasion of World Environment Day marked annually on June 5.

In a recent judgment issued by the English Court of Appeal in R (Jet2.com Ltd) -v- Civil Aviation Authority (Law Society of England & Wales intervening) (2020) EWCA Civ 35, it has been held that the correct test applicable to the issue, whether a particular document, or communication, is covered by a legal advice privilege (“LAP”), is whether its dominance purpose, had been for the giving, or seeking of legal advice from a lawyer.

The government and its health advisory committee discussed on Tuesday the possibility of relaxing certain restrictions sooner than anticipated, but final decisions are expected to emerge after the Cabinet’s meeting on Wednesday.

On May 22, the House of Representatives approved with some amendments, and after much discussion, the government’s proposals regarding rents owed by coronavirus-struck tenants.

The health ministry on Monday issued a question and answer announcement explaining how the public can access inpatient care under Gesy.

The first signs from the market following the partial lifting of lockdown measures are very positive, Minister of Finance Constantinos Petrides said on Tuesday.

Deposits were down while loans were up in April 2020 according to data the Central Bank of Cyprus published on Friday.