Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Israel plans to reopen restaurants in March, restart tourism with Cyprus

Published 02/14/2021, 06:40 AM
Updated 02/14/2021, 06:40 AM
© Reuters. People walk inside a shopping mall with most shops shuttered due to coronavirus disease (COVID-19) restrictions, in Petah Tikva

By Dan Williams (NYSE:WMB)

JERUSALEM (Reuters) - Israel plans to reopen restaurants around March 9 and restart tourism with Cyprus as part of a gradual return to normality thanks to a COVID-19 vaccination campaign, officials said on Sunday.

With more than 41% of Israelis having received at least one shot of Pfizer Inc (NYSE:PFE)'s vaccine, Israel has said it will partially reopen hotels and gyms on Feb. 23 to those fully inoculated or deemed immune after recovering from COVID-19.

To gain entry, these beneficiaries would have to present a "Green Pass", displayed on a Health Ministry app linked to their medical files. The app's rollout is due this week.

Nachman Ash, the national pandemic-response coordinator, said the reopening of hotel dining rooms, restaurants and cafes would happen "around March 9".

"We want to open gradually, carefully so we don't have another breakout of another wave, and another lockdown," he told Ynet TV.

Israel began emerging from its third lockdown last Sunday.

On Monday, it signed an accord with Greece to ease travel restrictions there on Green Pass-bearing Israelis.

Hosting Cypriot President Nicos Anastasiades on Sunday, his Israeli counterpart, Reuven Rivlin, said there were similar "understandings" on allowing the renewal of flights to Cyprus, which has reported that some 10% of its tourism was from Israel.

No dates have been given for the implementation of the deals with Green and Cyprus. Israel has been closed to nearly all international air traffic as a COVID-19 precaution since Jan 26.

The country is on course to fully inoculate 30% of its 9 million population with the two-dose regimen this month, a benchmark for a preliminary easing of curbs. It hopes for 50% coverage and a wider reopening next month.

© Reuters. People walk inside a shopping mall with most shops shuttered due to coronavirus disease (COVID-19) restrictions, in Petah Tikva

The vaccine campaign is a centrepiece of Prime Minister Benjamin Netanyahu's bid to win a fifth term in a March 23 election.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.