ECONOMY The year-long trial will evaluate the digital currency's technology, payment systems and user experience before any decision on its launch. Photo credit: Unsplash Cyprus joins ECB digital euro pilot programme Newsroom Cyprus will be among the 19 eurozone countries participating in the European Central Bank's first pilot programme for the digital euro, with testing expected to begin in the second half of 2027. READ MORE
New RORO service between Greece and Cyprus The line which will sail between Limassol, Lavrio and Thessaloniki was inaugurated on October 1st Kathimerini Greece Newsroom 14/10/2022 | BUSINESS
Average employee gross earnings up 3.2% in 2021 Average gross monthly earnings reached €2,067 in 2021, a decade high Source: CNA 13/10/2022 | BUSINESS
Cabinet revokes ten passports belonging to investors and their relatives The decision 12/10/2022 | BUSINESS
Plans to modernize the state's websites are underway Deputy Ministry says the project will cost €1.1 million and will be concluded in two phases, developing the first 65 websites ... Source: CNA 11/10/2022 | BUSINESS
Exness supports Enalia Physis and its efforts to preserve the Mediterranean Monk Seal habitats 11/10/2022 | BUSINESS
Trade deficit increased by €1.5 bln in first 8 months of 2022 The deficit was €5,120.1 million in January-August 2022, which increased from €3,587.5 in January-August 2021 Source: CNA 10/10/2022 | BUSINESS
Companies fined for safety violations resulting in the death of a worker Two other employees in both companies are facing 4 and 6 month suspended sentences respectively Source: CNA 10/10/2022 | BUSINESS
The ECB's next steps were documented in Limassol Off the agenda, Central Bankers discussed the crucial issue of inflation and interest rates Panayiotis Rougalas 10/10/2022 | BUSINESS
One-Stop-Shop for shipping companies in Cyprus The Parliamentary Committee on Transport, Communications and Works hopes to reduce the amount of 'red tape' at the Deputy ... Source: CNA 07/10/2022 | BUSINESS
