BANKS Banks agree: Employees to get €4,500 in bonuses, salary hikes and expanded loans Panayiotis Rougalas Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027. READ MORE
Taxi driver protest sparks traffic chaos in Nicosia Morning protest brings traffic gridlock as workers descend on the capital Newsroom 02/10/2023 | BUSINESS
Cyprus banks' net interest income doubles amid ECB rate hikes First half of 2023 sees doubling of net interest income, marking 100% annual increase Newsroom / CNA 29/09/2023 | BUSINESS
Deputy Minister proposes joint tourist packages with Saudi Arabia Costas Koumis advocates collaboration for tourism growth at WTO informal summit Source: CNA 29/09/2023 | BUSINESS
Cyprus embarks on ambitious reform and overhaul of tax framework Government Launches Integrated Tax Transformation Project to Foster Economic Growth and Fair Taxation Newsroom 29/09/2023 | BUSINESS
EY Cyprus recognized by International Tax Review as National Transfer Pricing Firm of the Year for the 5th consecutive time 29/09/2023 | BUSINESS
Negotiations on Cyprus EEZ and Chevron continue amid disagreements The challenges and high stakes in crafting the development plan Yiannis Ioannou 28/09/2023 | BUSINESS
Cyprus welcomes most tourists among EU countries with 91% of visitors from abroad According to Eurostat, the European Union leads in international arrivals and stays Source: CNA 27/09/2023 | BUSINESS
Apartments rule, but prices vary by province Exploring the cost of living in different regions of the island Maria Eracleous 27/09/2023 | BUSINESS
BANKS
