The government will submit to the parliament a supplementary budget amounting to €220 million as part of its second fiscal package to mitigate the impact of the coronavirus outbreak, Minister of...
Cyprus President, Nicos Anastasiades, announced on Wednesday, during a televised address a new set of measures with a view to support businesses and the self-employed hit from the coronavirus...
28/05/2020
The new financial stimulus package, to be unveiled on Wednesday in response to the impact of the pandemic on the economy, is in line with the government’s capacity and is compatible with the European...
27/05/2020
Total assets of investment funds declined by 8.7% in the first quarter of 2020, compared to the previous quarter, according to data released Friday by the Central Bank of Cyprus.At the same time the...
22/05/2020
Cyprus’ Government Spokesperson Kyriacos Koushos said on Wednesday that safeguarding jobs and the sustainability of businesses so that the economy and the country can stand on its own feet once more...
21/05/2020
In the European Union (EU) in 2019, almost two-thirds of individuals (64%) aged 16 to 74 living in a household with children under 16 years old had basic or above basic digital skills, according to...
14/05/2020
CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy. 52% of participants compared to 62% in the...
12/05/2020
Cyprus Minister of Finance Constantinos Petrides warned political parties which continue debating a bill for the provision of state guarantee to businesses hit by the coronavirus outbreak that “the...
12/05/2020
The market needs oxygen, while the least citizens expect from politicians is to reach a consensus in order to support the economy in line with a prudent policy without placing it in further danger,...
11/05/2020
Registered unemployed persons in April spiked by an annual 41% with the labour market severely affected by the containment measures and suspension of businesses, enforced since mid-March to limit the...
08/05/2020