Coronavirus: Expanded emergency benefits please unions, employers
Employers and unions said on Wednesday they were satisfied with the additional measures announced by the labour ministry to support workers and businesses stricken by...
Emergency aid package
Coronavirus: Almost 10,000 emergency student grants handed out so far
A total of 9,282 students out of 14,823 who applied have received the €750 grant awarded to those who stayed abroad as part of the...
Coronavirus: Tweaks to loan bill in bid to overcome Diko objections
The finance ministry is looking to make small changes to a bill concerning the provision of state-backed cheap lending in a bid to overcome party...
Coronavirus: fishermen welcome government aid
Professional fishermen on Thursday joined the long list of workers whose livelihood is threatened by the coronavirus. Due to the virus, hotels and restaurants, which...
Coronavirus: Finance minister – ‘we cannot win this war without state-backed loans’
Finance Minister Constantinos Petrides urged parties to approve a government bill for state-backed loans to people and businesses affected by the fallout of the coronavirus...
Coronavirus: Central Bank tells banks not to compound interest during loan repayment freeze
The central bank has instructed banks not to compound interest during the suspension of loan repayment brought in as part of series of measures to...
Coronavirus: Economic impact likely to be painful and long-lasting
By Les Manison The adverse economic impact of the coronavirus is likely to be severe and prolonged with some commentators now predicting a depression in...
Coronavirus: Expect economic pain, the only question is how much?
IT is blatantly obvious to us all that Covid-19 will deal a blow to all economies. The measures being taken now by our government to...
Coronavirus: MPs to meet over outstanding emergency aid bills
The House finance committee will meet at 5pm on Saturday to discuss two outstanding bills as part of a raft of measures to aid the...
Coronavirus: Cabinet approves emergency relief budget of €360m
The cabinet on Thursday green-lit and then submitted to parliament a supplementary state budget of approximately €360m as relief for individuals and businesses impacted by...