Daily Archives: March 23, 2020

Seven COVID-19 patients in ICU, two with additional oxygen needs

Seven COVID-19 patients are being treated in the Intensive Care Units and two of them are facing additional oxygen needs, according to Professor LeontiosKostrikkis, of the Advisory Body of the Health Ministry. Speaking during a press conference on Monday afternoon,

EC funds the provision of medical equipment and supplies to the Turkish Cypriot community

The European Commission will fund the provision of medical equipment and supplies to the Turkish Cypriot community in the context of the COVID-19 pandemic with an indicative budget of EUR 5 million. According to a press release by the European

State considers granting €2 billion guarantees to unlock credit to the economy amid COVID19 epidemic

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations, hit by the coronavirus epidemic. The plan, which

Total exports in 2019 record a decrease, trade deficit was up

Total imports in Cyprus covering the period January – December 2019, amounted to €8.235,9mn as compared to €9.200,0 mn in January – December 2018, according to data released Monday by the Statistical Service. Total exports (covering total exports to third

Cyprus coronavirus economic package to amount to €1.5 billion, CNA learns

Cyprus’ Finance Ministry is working to finalise a revised economic support package which will amount to at least €1.5 billion, approximately 7% of GDP, reliable sources told CNA. Last week Finance Minister ConstantinosPetrides announced a financial support package amounting to

Turnover Value Index of Wholesale and Retail Trade increases by 4,4%

The Turnover Value Index of Wholesale and Retail Trade and Repair of Motor Vehicles for the period October-December 2019 increased by 4,4% to 130,4 units (base 2015=100), compared to 124,9 units during the same period of 2018, according to figures