To strengthen Cyprus’ science and business community, the Research & Innovation Foundation (RIF) has launched a new €15 million funding programme to improve poor performance in this sector.

Cyprus is the largest beneficiary of European Investment Bank (EIB) engagement in Europe relative to GDP, the EIB said on Monday as it announced a €19 million loan agreement with Epic to accelerate broadband network deployment.

Cyprus is gearing up to welcome back tourists in May, amid concerns over loss of traffic from the UK where officials said that Britons may not be allowed to travel abroad this summer.