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91. Government to expand workforce in 2024

In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...

92. October Newsletter of K. Treppides & Co Ltd: ESMA

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

93. Deloitte continues to foster trust through transparency

Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...

94. Doxa Komodromou reveals shocking truths about her resignation

In a recent interview with "Kathimerini," former Deputy Government Representative Doxa Komodromou shed light on the controversy surrounding her resignation, which was closely tied to the issue of overtime payments....

95. €5,600 in funding for tourism enterprises

In celebration of World Tourism Day, the Cyprus Chamber of Commerce and Industry reaffirms its commitment to supporting Cypriot tourism businesses on their journey toward sustainability. ...

96. Presidency in prolonged crisis

The United Nations General Assembly in New York proved to be a critical test for Nikos Christodoulides during his first year in office, as well as a highly significant personal and political endeavor. On one hand, he aimed to use the platform of these meetings to communicate a positive message regarding the Cyprus problem. ...

97. 153 government employees face overtime probe

After the issue of overtime pay arose with Deputy Government Spokesperson Doxa Komodromou, all Presidential staff will come under the scrutiny of the Audit Service, including relatives and friends of the presidential couple, as reported by Philenews. ...

98. Debate heats up over overtime pay for government rep

Deputy Minister Irene Piki, in response to the President's request to grant overtime pay to Deputy Government Representative Doxa Komodromou, stated that the matter would be discussed with the President of the Republic....

99. EY achieves record global revenue of nearly $50 billion

EY reports record global revenue results of just under US$50b...

100. How University of Cyprus handles overtime pay

The University of Cyprus, led by its rector, Tassos Christofides, acknowledged that overtime was paid to Doxa Komodromou....

101. Controversy deepens over overtime pay to deputy spokesperson

The controversy surrounding overtime payments for Deputy Government Spokesperson Doxa Komodromou has escalated, with revelations and calls for reimbursement by the Auditor General, Odysseas Michaelides....

102. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

103. Request for 200,000 euros in overtime pay for state officials withdrawn

Irene Piki, the Deputy Minister to the President, has announced the withdrawal of a request for more than 200 thousand euros in funds to cover overtime pay for state officials working at the Presidential Office. She revealed this on state radio's Morning Routes program, specifying that the request was related to one specific person....

104. Big on big issues and small on small issues

Are you tired of scrolling and reading throughout long and multiple pages filled with every single detail of each accounting policy your entity of interest is using the last couple of years, only to find what really matters for you in page 25? Don’t get me wrong! I do that for living....

105. Ministry of Health in conflict with Insurance Agency over healthcare control

During yesterday's Parliamentary Committee on Health meeting, the Government decided to shift the responsibility of sending patients abroad from the Ministry of Health to the Health Insurance Organization....

106. Health Minister's high-stakes gamble under scrutiny

As time goes by, the Christodoulides government resembles a family soap opera, which before it becomes tiresome and dull, captivates once again as a new protagonist emerges, renewing interest. ...

107. High-stakes clash over official's credentials

A simmering dispute within Cyprus' Ministry of Health between Minister Popi Kanari and Director General Christina Giannakis has garnered increased attention,...

108. Hollywood artists unite in historic strike

Leaders of Hollywood’s actors’ union voted Thursday to join screenwriters in the first joint strike in more than six decades, shutting down production across the entertainment industry after talks for a new contract with studios and streaming services broke down....

109. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

110. Police corruption: 15 cases in court with 2 convictions since 2018

Marinos Kyriakides, the deputy representative of the Internal Audit Service of the Police, presented data on police corruption cases to the Parliamentary Committee on Institutions....

111. Illegal employment of advisors exposed in audit

An audit report by the Audit Service has exposed the illegal employment of four individuals who serve as advisors to the President of the Republic and the Deputy Minister of Shipping. ...

112. Cypriot economy on the brink, says Finance Minister

During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...

113. Parliament approves foreclosure law

A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....

114. The government's seven proposals for vulnerable individuals

Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....

115. Upshot from Israeli northern ventures spills into south

The president of the Cyprus Bar Association is fighting back accusations that his law firm was mixed up with an Israeli venture to develop properties in the northern part of the divided island, a development that has alarmed Nicosia in recent months...

116. President urges solution as foreclosure laws vote approaches

Cyprus is heading towards suspending first residence property foreclosures up to 350,000 euros until the end of October....

117. Lawmaker insists secret funds were paid to hackers

Recently hacked data from Cyprus’ land registry and the state’s flagship university were back in the news this week, after a lawmaker said he had been told that millions of secret money was paid to cyber attackers, an allegation denied by officials...

118. Madonna's tour postponed as singer hospitalized with serious infection

Madonna’s upcoming Celebration tour has been postponed after the singer was hospitalized with a “serious bacterial infection”, according to an Instagram post from her longtime manager Guy Oseary. ...

119. Unmasking tax evasion on Greek islands

New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....

120. Akamas will be scanned by drones to find illegal converstions

Interior Minister Constantinos Ioannou has outlined the forthcoming measures to address complaints concerning livestock farms in the protected Akamas area,...