Cyprus ranks in the top 10 countries in a Covid Performance Index of almost 100 countries for their successful handling of the coronavirus pandemic, according to Reuters.

Plans to upgrade houses, making them more energy efficient, were presented today by Natasa Pilides, the Minister of Energy, Trade and Industry.

Moody’s rating agency says that the new sale of a bad loan portfolio by the Bank of Cyprus, puts the bank in a better position to deal with an inflow of new NPEs arising from the coronavirus-induced economic downturn, a fact that is a credit positive.