US energy giant Chevron has postponed committing to finalizing the oil and gas exploration development plan with the Cyprus government and this is not a positive step, Philenews reported on Friday.

The first vaccines for monkeypox are expected to arrive in Cyprus on Monday, the Cyprus News Agency reported on Friday.

Health authorities will prepare a road map for autumn, relating to testing and the date when schools will open depending on the state of play with Covid-19, officials announced on Thursday.

In the new norm many of us now find ourselves working from home, and admittedly there can be many advantages to working from home, not the least of which is a 30-second commute. Previously we may have thought working from home could mean you could work on the couch, in the garden, or at your kitchen table, in the end, you may find that you’re most productive at home when you create a proper workstation.

The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to 0%, impacting the Cyprus banking system and local borrowers.

Cyprus has already overcome the loss of Russian maritime trade due to European sanctions and the Mediterranean shipping hub is chasing business expansion in Japan and elsewhere in Asia as it looks to grow its flag, a senior government official said.

Currently, the real estate sector is not a destabilising factor for the banking system, nor are there concerns over a property bubble or residue from the defunct Citizenship for Investment scheme, argues the Cyprus Central Bank.

Oil major Chevron and the Cyprus government said on Thursday they are committed to speeding up development of the offshore Aphrodite gas field, with a new well will to be drilled in the first quarter of 2023.

There is a large number of migrant students in Cyprus in elementary and high schools and at the beginning of the next academic year, each school unit will set its goals and priorities to assist these students, Education Minister Prodromos Prodromou said Thursday.

The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat to the stability of the financial system, the Central Bank has said.