The European Union acknowledges the role Cyprus can play as an alternative energy supplier in the coming years as the bloc looks to reduce its dependency on Russian natural gas, Energy Minister Natasa Pilides said on Tuesday.

Non-performing loans are generally accepted to impact business liquidity directly and should therefore be addressed in a timely manner to ensure business viability.

The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia.

Work on the Paphos-Polis highway is expected to start in July, a project that has been neglected for decades, which will help improve road safety and raise awareness about the area, helping in its tourism and economic development.

Hundreds of women freeze their eggs every year in Cyprus, the only country in the world that subsides over two thirds of the cost.

Incentives for the creation of student residences within walled city of Nicosia is another step towards the permanent revitalisation of the area, Interior Minister Nicos Nouris said on Monday.

Cyprus will soon have its first university hospital, as MPs are set to pass the legal framework allowing for the creation of uni clinics and hospitals.

Cyta has announced the completion of the pan-Cypriot 5G mobile network that offers state-of-the-art telecommunications services throughout the country, even in its most remote areas. This makes Cyprus the 1st country in the EU with 100% population coverage.

This summer is looking to be a busy one for Paphos Airport, with 59 destinations in 21 countries connected through flights by 15 airlines that will gradually exceed 250 per week, Transport Minister Yiannis Karousos said on Saturday.

In the last few months, Google searches for tourism-reliant Cyprus topped the respective searches for the island in 2019 when a record 3.97 million tourists arrived for a holiday.