BANKS Eurobank opens Mumbai office, links India–Europe payments Newsroom Eurobank officially opened its representative office in Mumbai on Thursday, marking a major step in its expansion into India, with Cyprus playing a key role in the new bridge between Europe and one of the world’s fastest-growing economies. READ MORE
Protests planned following fee increases at Larnaca Marina The Boat Owners Association is complaining about rising boat mooring fees and plans to demonstrate on March 5 02/03/2023 | BUSINESS
Netflix cuts prices in 30 countries The cuts apply to certain price plans, with subscription charges falling by half in some cases. Source: BBC 24/02/2023 | BUSINESS
Germany turns to foreign and migrant workers to fill positions Germany needs to fill around two million job vacancies in different sectors across the country 23/02/2023 | BUSINESS
EIB financed €250 million worth of green projects in Cyprus Cyprus' Minister of Finance, Constantinos Petrides noted the EIB’s continuous strong partnership with Cyprus. Source: CNA 23/02/2023 | BUSINESS
Companies to be allowed up to 50% of third-country workers Businesses can now have up to 50% of foreign workers, however, Cypriots and EU citizens will still have priority Source: CNA 22/02/2023 | BUSINESS
2023 will be the year banks dole out dividends Cyprus' credit institutions have not returned money to their shareholders for over 10 years Panayiotis Rougalas 22/02/2023 | BUSINESS
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