ECONOMY Employers unanimously reject 'Cost of Living' proposal by government Newsroom Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands. READ MORE
Sixt pumps the bakes on Tesla as it halts purchases and sells existing EV stock The rental giant responds to Tesla's price drops by prioritizing quality, repair costs, and residual values in its EV fleet ... Newsroom 08/12/2023 | BUSINESS
EY Cyprus' new office: Transforming work in a post-COVID world EY Cyprus embraces a hybrid future with innovative office design Newsroom 06/12/2023 | BUSINESS
'Ktrends' survey reveals public dissatisfaction with Cyprus government The fifth 'Ktrends' wave highlights pressures on government, different responses from each province, and consumption trends ... Panayiotis Rougalas 06/12/2023 | BUSINESS
US imposes sanctions on three Cyprus based entities The US Treasury targets Cypriot-registered companies linked to a Belgian businessman accused of aiding Russian military ... Source: CNA 06/12/2023 | BUSINESS
EAC invites bids for renewable energy land lease Cyprus Electricity Authority calls for bids to propel renewable energy development on long-term leased land Newsroom 06/12/2023 | BUSINESS
Cyprus reports significant drop in joblessness Latest statistics show a 17.3% yearly decrease, reflecting improvements across various sectors Source: CNA 05/12/2023 | BUSINESS
ECONOMY
