Daily Archives: July 3, 2020

Cypriot authorities announce no new Covid-19 cases after 1,538 tests

Cypriot health authorities announced on Friday that they found no new confirmed cases of Covid-19 infections after conducting 1,538 tests. The total number of positive cases found since March remains at 999.   A press release issued by the Ministry

Dendias and Christodoulides discuss Turkish illegal actions, President Anastasiades to visit Athens July 14

Minister Christodoulides paid an official visit to Greece on Friday, during which he met his Greek counterpart Nikos Dendias.   The two Foreign Ministers discussed the Turkish illegal actions in the Eastern Mediterranean and the ways of dealing with them

Household saving rate all time high at 16.9% in the euro area

The household saving rate in the euro area increased to 16.9% in the first quarter of 2020, from 12.7% in the fourth quarter of 2019, the highest increase since 1999, according to a data  release of seasonally adjusted quarterly European

CBC sees an increase in bad loans in 2021 due to COVID-19 impact

The Central Bank of Cyprus (CBC) sees an increase in non-performing loans in 2021 after the end of the suspension of loan installments measure, while stressing the need for government to maintain prudent fiscal management in order to maintain the

Cyprus Stock Exchange

The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:   MEETING DATE: 03/07/2020 INDICES BASE VALUES: FTSEMed=5000, OTH   EURO (€) TRADED VALUE:                12,555.08   INDEX   VALUE  % DIFF. VALUE (€)   FTSE/CySE

Unemployed persons decrease marginally in June compared to the previous month

The number of registered unemployed decreased marginally in June 2020 compared to the previous month, despite the large increase of 64.3% recorded on an annual basis due to the effects of the coronavirus pandemic.     According to data released