Cyprus’ tourism strategy going into 2020 will be to seek out new markets now that the island’s two main markets, the UK and Russia appear to have stabilised and are predicted to remain so in the coming two to three years, deputy minister Savvas Perdios said on Friday.

Credit rating agencies are getting ready for a new outlook on Cyprus’ economy but not before they see developments in the state of play of non-performing loans and of the ever-high government payroll.

Retail trade turnover in Cyprus increased in October 2019 compared to the corresponding month of the previous year, according to provisional estimates released by the Statistical Service of Cyprus.

Cyprus topped the list of countries offering Citizenship by Investment Programmes (CBI) whose passport power increased during 2019, according to the latest Passport Index.

Stricter criteria imposed earlier in the year before a Cyprus passport can be acquired have had an impact on property sales, according to a recently-released Central Bank of Cyprus financial report.

Cyprus is ranked 34th in the Legatum Institute’s revised and improved 2019 Prosperity Index which quantifies prosperity in 167 countries across the globe.

The Central Bank of Cyprus (CBC) sees certain downside risks to the Cypriot economy for the period 2020-2022, that may lead to slower economic growth, despite the positive course of economic activity, as well as the continued robust economic growth.

On January 7 the ministry of health will start pneumococcal vaccinations, the ministry announced on Monday.

The Deputy Ministry of Tourism has made its New Year resolutions with one of them being to put Cyprus back on the cruise map.

Cyprus ranks fourth among the countries with the best strategies for attracting tourist investment worldwide for the period 2019/2020, according to a survey conducted by fDi Intelligence International, Invest Cyprus said on Monday.