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As COVID-19 continues to impact the global and local community, EY Cyprus is taking necessary measures to protect the health and wellbeing of our people, customers, associates, and wider community, while minimizing potential disruption.

E-learning in public schools is a viable proposition, education minister Prodromos Prodromou announced on Monday as he visited three Nicosia high schools where pilot schemes were being tested.

The Central Bank of Cyprus (CBC) said Monday that local lenders are “expected” to release around €1.3 billion in aggregate in capital reserves, to be used to grease the skids for businesses and individuals amid the economic slump due to measures taken to contain the spread of Covid-19.

The health ministry will be installing three extra thermal cameras at the Republic’s two airports, as it steps us checks in an effort to hinder the spread of the coronavirus, it emerged on Friday.

From 6pm on Monday, March 16 entry to Cyprus will only be allowed to citizens and legal residents who present a health certificate from an approved accredited organisation and/or a laboratory from their country of origin. The medical certificate must not be older than four days.

Cyprus is facing a state of emergency President Nicos Anastasiades said on Sunday as he effectively announced a lockdown.

The net financial impact of the support package approved by the Council of Ministers on Sunday will bet €450 million, while another €250 million will be aimed at boosting business liquidity over the next two months, Finance Minister Constantinos Petrides announced on Sunday.

The Employers and Industrialists Federation (Oev) on Monday morning sought to clarify some of the measures businesses must take after the government issued a slew of restrictions to curb the spread of the coronavirus.

Hermes, that runs that Larnaca and Paphos airports, announced on Sunday that several flights to Cyprus are being cancelled following the entry ban on tourists in a bid to curb the spread of coronavirus.