The Cyprus business and professional climate, which had deteriorated in March 2021, has strengthened significantly in April of this year, according to a report by the University of Cyprus Economic Research Centre.

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era.

Revenue of up to €70 million is expected from the launch of cruises by Jewel of the Seas of Royal Caribbean from Limassol port starting July 10.