Month: December 2021

Cyprus Police reported 10 individuals and 5 shop owners for violating the measures aiming to contain the spread of COVID pandemic.

A Police Spokesperson told CNA that in the last 24 hours ending on 06:00 local time Sunday, the Force carried out 2,627 checks throughout the government-controlled areas.

In Nicosia a total of 1,097 checks were carried out with no reports issued, in Limassol 310 with 2 individuals and 2 shop owners booked, in Larnaca 1 individual was reported following 414 checks, in Pafos 2 shop owners were booked after 130 checks, in Famagusta the police reported 7 individuals after 482 checks and in the Morphou region 111 checks were carried out with no reports issued.

Source: Cyprus News Agency

Flights to and from Cyprus airports continue as scheduled despite a wave of flight cancelations globally due to the Covid Omicron variant.

News agencies reported that around 6,300 flights globally have been cancelled over the Weekend of Christmas due to the Omicron variant which disrupted flights as air carriers’ employees and mainly pilots were in isolation.

However, the wave of flight cancellation has not affected Cyprus so far, as sources for Hermes Airports, the operator of Cyprus’ two international airports, told CNA that no flights have been cancelled until now nor delays in flights to and from the Larnaca and Pafos airports have been observed.

Source: Cyprus News Agency

Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014.

According to CBC data, restructured loans in the end of October rose to €1.98 billion as banks accelerated loan restructurings following the termination of the payment holiday in the end of 2020 enforced due to the Covid-pandemic.

Source: Cyprus News Agency

?arolos Papoulias was a firm friend of Cyprus and a supporter of its rights, said President Nicos Anastasiades, expressing his sorrow for the death of former President of the Hellenic Republic.

Anastasiades posted on his twitter that Papoulias death causes sorrow to all and expressed his condolences to his family.

Greece`s former President passed away at the age of 92 the day after Christmas.

Source: Cyprus News Agency

Cypriot health authorities announced on Saturday one death due to COVID-19 and 268 new infections, bringing the total number of fatalities and COVID cases since the outbreak of the pandemic to 628 and 149,848 respectively.

Furthermore, according to a press release issued by the Ministry of Health, hospitalisations reached 157 with 63 patients treated in serious conditions in ICUs and ACUs. A total of 16,231 PCR tests were carried out today, with the daily positivity rate reaching 1.

Source: Cyprus News Agency

The percentage of people who made online purchases showed a significant increase, which reached 48% in the first quarter of 2021 compared to 34.1% in the corresponding period last year, according to data by the Statistical Service of Cyprus.

At the same time during the period of April 2020 – March 2021 the percentage of individuals who used the internet for interaction with public authorities has increased to 57.

Source: Cyprus News Agency

The Central Bank of Cyprus (CBC) says that in accordance with the methodology described in its macroprudential policy, it did not deem necessary to adjust the countercyclical capital buffer (CCyB) rate for the period 1 January 2022 – 31 March 2022 and, therefore, the CCyB rate remains at 0% of the total risk exposure amount of each licensed credit institution in the Republic.

Based on the time series ending on 30 June 2021: The gap between the credit-to-GDP ratio and its long term trend (credit-to-GDP gap) based on the broad credit definition is -63.7.

Source: Cyprus News Agency

Environmental issues and the promotion of sustainable practices are among the primary goals of the government, and of the broader European family, since forecasts for the repercussions of global climate change and the need to take immediate and effective measures are recognized by everyone, Cyprus Government Spokesman, Marios Pelekanos said on Friday.

Addressing an event organized by envrironmental organization “Green Shield” in Nicosia, Pelekanos said that the government`s determination to take all necessary measures to achieve the goals of the Paris Agreement with a view to address the repercussions of climate change was confirmed during the recent successful organization of the 2nd International Conference on Climate Change in the Eastern Mediterranean and the Middle East, that was held in Paphos.

He noted that everyone acknowledged that our region is par

Source: Cyprus News Agency