Cyprus announced its intention to proceed with the issuance of 7-year and a 30-year euro-denominated bonds in a bid to strengthen its cash reserves amid the crisis caused by the coronavirus pandemic.

Nineteen more people have tested positive for coronavirus the health ministry said on Monday, bringing the total number of cases to 465.

The number of loan applications for suspension of payments for the next nine months at the island’s two largest banks has risen to 23,000, CNA reported on Tuesday.

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An Aegean flight from China touched down in Larnaca on Saturday night, carrying medical supplies including personal protective equipment urgently needed by health workers in the Republic of Cyprus.

Strict COVID-19 social distancing rules seem to be working after Cyprus saw a 33% dip in confirmed daily cases on Sunday falling to 20 from 30 with total deaths attributed to the virus remaining at nine.

A new smartphone app wants to give users the possibility of avoiding crowded supermarkets when purchasing basic goods during the Covid-19 lockdown measures by providing relevant information in real time, the CNA reports.

A Cyprus e-health national platform for inpatient and remote monitoring of COVID-19 cases is on trial at Famagusta and Nicosia General hospitals.

Cyprus is using technology in its struggle to stem the spread of COVID-19 by launching an application to help people who don’t work from home to keep track of their contacts and locations visited, in case they contract the disease.

Finance Minister Constantinos Petrides on Friday welcomed the announcement by the banks’ association (ACB) that they would not charge compound interest on the deferred interest accrued from the suspension for nine months of loan installments.