Bank of Cyprus has introduced a new policy and terminology concerning deposit rates for specific clients. It is called “liquidity cost charge in euro deposits” and corresponds to a negative interest rate of -0.4%, according to the lender’s website.

Shipping Chamber deputy director-general Alexandros Josephides was reappointed as “International Maritime Organisation (IMO) Goodwill Maritime Ambassador” for Cyprus for the period 2020-2021.

Cyprus was 41st among 180 countries in the 2019 Corruption Perception Index (CPI) compiled by Transparency International.

Despite apparent failure to meet eco targets set by the EU for 2020, Nicosia is optimistic that it will achieve its 2030 goals with a 10-year roadmap on energy and the environment drafted by ministries.

The national health scheme Gesy will post a surplus of €80 million in its first year of full operation, said Thomas Antoniou, the head of the Health Insurance Organisation (HIO), which administers the scheme.

The share energy use from renewable source was 13.9% share in 2018, up from 3.1% in 2004. Cyprus squeaked past its 2020 projected goal of 13% two years ahead of time.

Cyprus’ trade deficit recorded an increase during the first 10 months of 2019, data released by the Cyprus Statistical Service on Wednesday show.

The transport ministry on Thursday announced the signing of a concession agreement with a private company who will operate bus services for the Nicosia district.

Cyprus is included on the European Parliament’s Committee on Industry, Research and Energy approved ‘Union List’ of 151 energy projects of common interest (PCI), which increased electricity and clean transmission projects at the expense of gas.

Cyprus is gradually moving one step closer to adopting e-governance after the Transport Ministry called for public consultations on the issuance of digital ID cards which will act as an electronic signature.