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1. Banks stress need for government support in ESG initiatives

Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....

2. Cyprus among top 3 in Eurozone growth for 2024

Cyprus stands out as one of the top performers in the Eurozone, boasting a robust growth rate for the year 2024, as announced by government spokesperson Constantinos Letympiotis today....

3. The Minister of Agriculture at the Green Agenda Cyprus Summit

Dr Maria Panayiotou studied History and Archeology at the University of Cyprus from where she graduated in 2004 with honors....

4. Government employment surges by 5.2% in 2024

Government employment surged by 5.2% in the first four months of 2024, reaching a total of 54,837 individuals, according to data released Monday by the Statistical Service. By April 2024, the number climbed further to 55,253, revealing a breakdown of personnel across various sectors....

5. Global talent crisis: Desire for international experience skyrockets

EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands....

6. Ellinikon, Europe's largest smart city, begins its transformation

7. Foreign students welcomed into labor market

Labour Minister Yiannis Panagiotou announced on Tuesday the government's decision to enhance foreign students' access to the labor market, citing its significance in the country's development planning...

8. Cyprus welcomes foreign workers amidst hotel staffing crisis

The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......

9. Cyprus shipping industry trying to attract high school students

An educational workshop to enhance maritime awareness and visibility among young people in the professional sector was organized under the auspices of the Shipping Deputy Ministry, the Cyprus Shipowners' Association, and the Ministry of Education....

10. Agreement reached on foreign worker policy

In a significant development, all social partners have come to an agreement regarding the participation of foreign workers in Cyprus' labor market. Labour and Social Partners Minister Yannis Panagiotou announced the breakthrough, highlighting the importance of cooperation among stakeholders in addressing challenges facing the job market....

11. Undocumented workers discovered at Paphos construction site

Five individuals and their employer are facing charges for illegal employment in Paphos, according to Michael Nicolaou, Assistant Police Director of Operations in Paphos....

12. Cyprus suspends asylum applications from Syrian migrants

The Republic of Cyprus has decided to halt the processing of all asylum applications from Syrian migrants, citing provisions within European frameworks for handling increased and emergency migration flows....

13. The CIA's secret plans for Cyprus

The CIA was drafting scenarios for the geographic separation of Greeks and Turks in Cyprus as early as 1964. These plans, ranging from relocating Turkish Cypriots to Turkey to exchanges of populations and territories with Greece...

14. Workplace harassment hits 1 in 3, EU report finds

A third of sexual harassment occurs in the workplace, European Commissioner for Health and Food Safety Stella Kyriakides said at an event organised by Cyprus Workers......

15. Cyprus Investment Association unveils €8 billion in projects

Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...

16. Interior Ministry clarifies asylum seeker employment rights

In a recent statement, Cyprus' Interior Ministry provided clarity regarding the right to work for asylum seekers. According to the statement, all asylum seekers, regardless of origin, are not permitted to access employment until nine months have passed from the date of their asylum application....

17. Ministry seeks public input on migrant integration action plan

The Ministry of Interior is seeking public feedback on a comprehensive plan to integrate third-country nationals residing legally in the country....

18. Seal of approval: Limassol's adorable mascot captivates hearts (video)

The story of Mr. Poseidon, as the seal is affectionately known, highlights a crucial aspect: the intricate relationship between the coastal economy and the marine ecosystem....

19. Cyprus' economic resilience earns high credit rating confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

20. European Commission flags trade risks for Cyprus economy

The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......

21. Understaffing woes grip Cyprus' Shipping Deputy Ministry

Cyprus' public sector, particularly the Ministry of Shipping, continues to grapple with significant understaffing issues, raising concerns about operational effectiveness....

22. Nepali fighters demand return from Russia's war in Ukraine

Around 2,000 Nepali men have been recruited by Russia to fight in its war against Ukraine, according to information obtained by Sky News. Many of these men, driven by poverty, are now seeking a way to return home....

23. Cyprus and EU allies forge €7.4B deal with Egypt to transform energy landscape

European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe, and addressing irregular migrant flows....

24. Nicosia Mayor updates UN envoy on bi-communal trust-building projects

Nicosia Mayor Constantinos Yiorkadjis met with UN Secretary General's Personal Envoy María Ángela Holguín Cuéllar during her ongoing visit to Cyprus...

25. EU simplifies work permit rules for third country nationals

The European Parliament recently voted on new rules for non-EU citizens who want to work and live in the EU. These rules aim to simplify the process of obtaining a work and residence permit....

26. Cabinet allocates €11.7M for training and job opportunities

The cabinet greenlit two initiatives on Wednesday aimed at bolstering employment and training opportunities for 1,265 individuals who are currently unemployed....

27. Unemployment rate drops while inflation inches up

The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....

28. Job market improves and industrial sector grows

In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...

29. Minister spearheads operation to curb undeclared labor

In a joint effort involving the Minister of Labour and Social Insurance, Yannis Panagiotou, along with officials from the Ministry of Labour, members of the Immigration and Aliens Service, and police, a targeted operation was conducted to address undeclared and illegal work....

30. New rules for presidential advisers set amid political turmoil

The House of Representatives, in a vote of 46 in favor and one against, has approved a bill outlining the criteria for hiring advisers-associates to the president, ministers, and deputy ministers....