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
Southern Europe shines as affordable summer haven Tourists flock to the region despite rising costs; Investment key to sustain attractiveness Kathimerini Greece Newsroom 01/08/2023 | BUSINESS
Retail trade soars by 8.4% in June Food and tech sales lead the charge with impressive growth rates Newsroom / CNA 01/08/2023 | BUSINESS
Wizz Air hits milestone with 6 Million passengers at Larnaca airport Affordable flights and expanding routes fuel Wizz Air's success in Cyprus Source: CNA 31/07/2023 | BUSINESS
Tourism revenue up by over 40% Tourists from Lebanon had the highest per capita daily spending in May, with €193.89 Source: CNA 31/07/2023 | BUSINESS
Primetel assures unchanged services amidst administration Manager confirms Omonia Nicosia and AEK Athens rights and continuity of operations despite investor changes Maria Eracleous 21/07/2023 | BUSINESS
24-year old awarded $18.8M in lawsuit over talc-based baby powder Johnson & Johnson will stop selling talc based baby powder worldwide in 2023 20/07/2023 | BUSINESS
NPL crisis highlights tug of war between borrowers and legislation Navigating the troubled waters of Cyprus' strategic defaulters and thorny foreclosure legislation Panayiotis Rougalas 20/07/2023 | BUSINESS
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