Policies put in place by the government in response to the pandemic have succeeded, Finance Minister Constantinos Petrides said on Tuesday, upping economic predictions for this year and forecasting a return to growth next.

With the tourism sector’s performance this summer having refuted even the most optimistic forecasts that were made, the question for tour operators is what more can be done over the next period to reduce the big losses. As such, everyone's attention has shifted to the winter period that begins next November and ends in March 2021.

In what is being seen as a giant step forward, Cyprus is set to be ‘remade’ in the coming years through €1 billion in grants – not loans – from the European Recovery Plan, according to documents seen exclusively by the Cyprus Mail.