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
BOC appoints Bank of America as joint corporate broker, resumes dividend payments The bank has transformed into a strong and profitable financial services group Panayiotis Rougalas 10/05/2023 | BUSINESS
Cyprus shifts energy policy towards natural gas for power generation Workshop with energy companies at the end of the month to decide on exploitation strategy Newsroom / CNA 10/05/2023 | BUSINESS
Road transport of goods in Cyprus up by 39% in 2022 Despite pandemic challenges, freight transport sees notable increase Source: CNA 10/05/2023 | BUSINESS
British tourist fined €10,000 for smuggling tobacco from occupied territories A total of 29.5kg of rolling tobacco was confiscated by Customs officials Newsroom / CNA 10/05/2023 | BUSINESS
New sanctions list expected by the end of May Passport processing firms targeted by the authorities Panayiotis Rougalas 10/05/2023 | BUSINESS
Cyprus urged to repeal spyware export licenses not in line with EU European Parliament report finds ''contraventions and maladministration'' in Cyprus regarding Pegasus and equivalent surveillance ... Source: CNA 09/05/2023 | BUSINESS
It's surprising how little was frozen Transparency International expresses concern about sanctions evasion within the EU due to lack of coordination and thorough ... George Kakouris 08/05/2023 | BUSINESS
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