Cyprus has moved from the recovery to the growth phase as the COVID-19 pandemic subsides, Minister of Finance Constantinos Petrides has said, highlighting the need for the implementation of reforms that would boost the economy’s sustainable growth prospects.

Cyprus Health Ministry on Monday announced a new categorization of countries based on their epidemiological data, to come into effect Thursday, October 7. Seven countries change category.

Half of registered employees in Cyprus today get a monthly salary of up to €1,500 while 25.7% of them get a gross salary of €1,000, according to the island’s Statistical Service.

Health authorities are organising a mass COVID-19 vaccination event in Limassol on Sunday, for people eligible for a booster shot and those unvaccinated who would like to get their first jab.

EY has proudly sponsored the 17thCFO Management Forum and 5thCFO Awards, which were held on Tuesday, September 28that the Nicosia Hilton. The forum, organised by IMH, was attended by more than 200 chief financial officers and other key executives from companies of all sizes and sectors operating in Cyprus, as well as government representatives and officials.

Central Bank of Cyprus governor Constantinos Herodotou has sent a letter to banks and credit acquisition companies regarding short term loan restructurings and fee transparency, calling on their CEOs to assist in the conclusion of viable loan restructuring.

“World Maritime Day is a chance to show our appreciation to the unseen heroes who contribute to the ceaseless operation of world trade,” Cyprus Shipping Deputy Minister Vassilios Demetriades said on Thursday.

Efforts are underway to inaugurate a unit dedicated to combating deadly diseases as there are fears that the healthcare system is not yet prepared for to handle the outbreak of such a rare event.

Cyprus Ministry of Health announced on Saturday that the online portal for the arrangement of vaccination appointments against COVID-19 with the 3rd dose, will be available as from Monday, October 4, at 9 a.m. The Vaccination Portal will be available for people aged 80 years old and over.

The halloumi PDO (protected designation of origin) is a “protective shield,” Agriculture Minister Costas Kadis said on Friday as the cheese entered the European Commission’s register for PDO and protected geographical indications.