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Cyprus deposits down, loans rise in April

Cyprus to experience “serious recession” in 2020, Central Bank Governor says

NPLs in the Cyprus banking system decline below €9 billion

‘Fiscal package in line with EU framework and government’s capacity’ government says

BoC: Covid-19 presents an “unprecedented external economic shock”

Suspended credit facilities in Cyprus rise to €1.19 billion on May

Government discuss measures and incentives to reboot economy

Revenue from tourism down by 73.5% in March

EU: Cyprus retains capacity to service ESM debt, challenges have increased

Tourist arrival survey was not conducted in April 2020

DBRS confirms Republic of Cyprus at BBB (low), trend changed to stable

Eurostat: Cyprus economy shrinks annual 1.3% in 1Q 2020

Deferred instalments of €894 m as part of loan payment moratorium

Unemployment rate of 7.3% in 1Q 2020

EBRD: Cyprus’ GDP to fall by 6.0% in 2020, rebound 5.0% in 2021

The market needs oxygen, citizens expect consensus, FinMin tells CNA

39,4% annual drop on exported goods in first 2 months of 2020-Statistical Service

UCy: Cyprus GDP to suffer “severe contraction” in 2020

Parliamentary Committee to discuss new government support package

Cyprus government slashes spending by €367 million amid COVID-19 crisis

Eurostat: EU retail trade falls by 10.4% between February and March 2020

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