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...
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...
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...
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...
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...
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...
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,...
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...
Labour Inspection Department Director Anastasios Yiannaki has told CNA that he is satisfied with the retail sector’s compliance to COVID-19 containment measures during the first two days of the first...
Tests for COVID-19 continue among employees working in retail, as measures relax gradually in Cyprus, Press Officer of the Ministry of Health, Margarita Kyriakou, told CNA. On Wednesday, authorities...