Cyprus public debt is expected to be at the end of 2020 €24.8 billion or 118% of GDP, the Public Debt Management Office of the Finance Ministry estimates.

Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures.

In 2019, a total of 706,400 people obtained citizenship of an EU-27 Member State, recording an increase of 5% compared with 2018, according to data released by Eurostat, the statistical service of the EU.

The Cyprus University of Technology (CUT) now ranks 50th in the Times Higher Education Emerging Economies University Rankings 2021, the CNA reports.

Gymnasium students, Limassol primary school kids, will not return to class next week, hospitality can operate outdoors, and a nighttime curfew will be pushed back to 11 pm, as the government grapples with lockdown fatigue.

The Republic of Cyprus has temporarily suspended AstraZeneca shots for Covid-19 until an emergency meeting on Thursday by the European Medicines Agency, with reports saying Nicosia has already entered negotiations with Moscow to add another jab in the mix.

Parliament on Thursday passed two items of legislation granting tax breaks to landlords who voluntarily reduce their rents to businesses financially stricken by the coronavirus-related restrictions.