ECONOMY Construction needs 5,000 more workers. Who gets to hire them? Dorita Yiannakou The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs. READ MORE
No progress on Cyprus-Greece electricity interconnection project Stalemates and ultimatums threaten EUR 657 million EU funding and project completion Newsroom 10/07/2024 | BUSINESS
Chinese consortium exits Vasilikos LNG project Negotiations lead to amicable split for the completion of the Vasilikos terminal Newsroom 10/07/2024 | BUSINESS
Industries expanded in 2022 as Cyprus saw more jobs, higher production Manufacturing grows, boosting employment and economic output Newsroom 09/07/2024 | BUSINESS
Cyprus faces crucial decision as LNG terminal contract nears end Energy Minister George Papanastasiou provides updates on the Vasilikos LNG project in Parliament Newsroom 09/07/2024 | BUSINESS
Thousands protest mass tourism in Barcelona, shouting ''tourists go home!'' Demonstrators spray diners with water guns to express anger over tourism impact Newsroom 09/07/2024 | BUSINESS
Burberry announces hundreds of redundancies following share price drop The UK fashion house cites economic challenges, holds consultations Newsroom 08/07/2024 | BUSINESS
Ikea to open store on New York's chic 5th Ave Ikea has been expanding to city centers in Tokyo, Madrid, Paris and London Newsroom 08/07/2024 | BUSINESS
Court detains suspect in Metamax pyramid scheme Alleged leader, who claims to be a victim himself, faces charges amid growing number of victims Newsroom 08/07/2024 | BUSINESS
Alphamega and Bean Bar ranked among the top 20 Investors in People employers worldwide Press Release 08/07/2024 | BUSINESS
Cyprus banks receive upgrades, signal economic resilience Fitch ratings elevates Bank of Cyprus and Hellenic Bank, underscoring financial sector strength Newsroom 07/07/2024 | BUSINESS
ECONOMY
