https://knews.kathimerini.com.cy/en/news/rule-stickler-mayor-left-hanging-with-stroke-of-pen
President Nicos Anastasiades used the stroke of a pen on Wednesday to block the closure of a department store in Paphos, a move that left the town’s mayor hanging after he had warned his municipality would not tolerate illegal operations without permits...
https://knews.kathimerini.com.cy/en/life/the-pandemic-adversely-affected-students-mental-health
The effects of the Covid-19 disease pandemic on the quality of life and mental health of students in Cyprus are recorded in a study published in September 2021 by the Frederick University Mental Resilience Research Unit....
https://knews.kathimerini.com.cy/en/news/one-quarter-of-the-population-on-the-verge-of-poverty
According to a statement by Cypriot Network Against Poverty, 24% of the population of Cyprus is on the verge of poverty, which means 200 citizens will soon cross the poverty line....
https://knews.kathimerini.com.cy/en/news/number-of-jobless-persons-in-cyprus-declines-to-the-lowest-level-in-almost-twelve-years
The number of registered unemployed for August 2021 decreased to 19,669 persons in comparison to 21,613 in the previous month....
https://knews.kathimerini.com.cy/en/news/third-lockdown-brings-new-support-schemes-totaling-€120m
New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday....
https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe
Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....
https://knews.kathimerini.com.cy/en/news/cyprus-puts-national-minimum-wage-on-hold-until-full-employment
The Cyprus government will launch a social dialogue for the implementation of the national minimum wage when full employment is reached, namely when unemployment is around 5%....
https://knews.kathimerini.com.cy/en/news/support-schemes-averted-drastic-rise-in-unemployment
The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....
https://knews.kathimerini.com.cy/en/news/support-schemes-added-to-fight-lockdown-consequences
Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....
https://knews.kathimerini.com.cy/en/news/government-unleashes-new-bundle-of-support-measures
Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....
https://knews.kathimerini.com.cy/en/news/government-okays-schemes-tackling-unemployment
The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....
https://knews.kathimerini.com.cy/en/business/microsoft-plans-$1-billion-data-center-venture-in-greece
Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....
https://knews.kathimerini.com.cy/en/news/greek-pm-urges-use-of-masks-compliance-to-avert-lockdown
Greek Prime Minister Kyriakos Mitsotakis appealed to the public on Thursday to wear masks and comply with health safety regulations so that stricter coronavirus containment measures can be averted, saying that it is a choice between “self-protection and lockdown.”...
https://knews.kathimerini.com.cy/en/news/government-extends-support-schemes-until-end-october
The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....
https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy
The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....
https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal
European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....
https://knews.kathimerini.com.cy/en/news/cyprus-fm-holds-telephone-conversation-with-new-iraqi-fm
Cyprus Foreign Minister Nikos Christodoulides shared on Thursday a telephone conversation with the new Foreign Minister of Iraq Fuad Hussein...
https://knews.kathimerini.com.cy/en/news/five-new-support-schemes-announced-as-cyprus-enters-recovery-stage
The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....
https://knews.kathimerini.com.cy/en/news/house-passes-bills-mitigating-pandemic-repercussions
The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/business/employers-and-employees-in-the-age-of-covid-19-a-looming-battle
In modern times the world community has not faced a situation like the present, created by the Covid-19 pandemic. The Republic of Cyprus is among many countries fighting desperately to minimize damage on all fronts....
https://knews.kathimerini.com.cy/en/business/financial-measures-tackle-coronavirus-in-cyprus
Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...
https://knews.kathimerini.com.cy/en/news/banks-must-find-new-profitable-products-cbc-governor-says
The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....
https://knews.kathimerini.com.cy/en/news/pensioner-suing-convicted-‘fixer-lawyer
A female pensioner, who was swindled out of 350 grand while seeking promotion in the civil service through a back-channel, is suing her former lawyer after he was sentenced to two years for defrauding her...
https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/news/unemployment-in-cyprus-drops-to-6-5
The euro area seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% in June 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union
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https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-expectations-and-the-need-for-unity
The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old.
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https://knews.kathimerini.com.cy/en/news/mitsotakis-sworn-in-as-pm-amid-east-med-tensions
Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...
https://knews.kathimerini.com.cy/en/comment/opinion/when-necessity-becomes-history
https://knews.kathimerini.com.cy/en/comment/opinion/old-greece-is-waiting-around-the-corner
https://knews.kathimerini.com.cy/en/news/president-reiterates-commitment-to-high-economic-growth