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EY Cyprus COVID-19 Updates

A Strategy & Transactions perspective by EY Cyprus -Responding to COVID-19

In the midst of this unprecedented global crisis, businesses are called to act quickly and decisively in order to safeguard their financial viability and prosperity. Even after COVID-19 gets under control, companies will still face a number of challenges and risks;  financial, regulatory, legal and reputational.

 Crisis management in such times requires fast and comprehensive risk evaluation/impact assessment, combined with effective response planning and implementation. In order to facilitate the scenario, EY has developed a series of solutions and tools aiming at guiding businesses through the difficult times by focusing on a number of key pillars (cash, employees, supply chain, demand). We combine this with a two week quick Corona check, aiming at promptly identifying high risk areas that need immediate attention.

Further details can be found here.

Stay safe and connected.


For additional information with respect to this Alert, please contact the following:


Stelios Demetriou

Partner, Strategy & Transactions

+357 22 209 746

+357 99 629 728


Alexandros Pericleous

Director, Strategy & Transactions

+357 22 209 793

+357 96 795 017


Andreas Anastasiou

Director, Strategy & Transactions

+357 22 209 750

+357 95 561 628




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For more information about our organization,please visit © 2020Ernst&YoungCyprusLtd All rights reserved. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to youradvisors forspecificadvice.