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
Bank of Cyprus offering voluntary retirement plans for up to 600 employees Redundancies will be imposed if voluntary retirment plan not accepted Panayiotis Rougalas 04/07/2022 | BUSINESS
Alphamega Hypermarkets: More deliveries in less time Coverage of island-wide online deliveries has been expanded 04/07/2022 | BUSINESS
Average gross earnings increased by 6.8% in Q1 of 2022 Male employees still earned substantially more than female employees Source: CNA 29/06/2022 | BUSINESS
Credit Suisse guilty of money laundering Court fines bank for not doing enough to prevent members of a Bulgarian crime syndicate from profiting off the trafficking ... Source: BBC 28/06/2022 | BUSINESS
Deloitte opens up nominations for its accelerator for the Deloitte Accelerator for Social Innovation (DASI) awards Innovative social enterprises invited to win US$100,000 in Deloitte consulting and advisory services 23/06/2022 | BUSINESS
The 'Great Resignation' is set to continue worldwide as pressure on pay mounts In one of the largest surveys on global human resources ever conducted, PWC polled more than 52,000 employees from 44 countries ... 23/06/2022 | BUSINESS
Germany a step closer to rationing after Russia cuts gas supplies Vice Chancellor Robert Habeck is calling on Germans to cut energy use. 23/06/2022 | BUSINESS
Can something really come from Nothing? Newcomer Nothing has secured $200mn to launch its debut smartphone, entering an already crowded market dominated by Apple ... 23/06/2022 | BUSINESS
New rules to slash pesticide use in the EU by 50% The proposal aims to restore nature across the EU while attempting to better protect health and recover plunging wildlife ... Source: Reuters 22/06/2022 | BUSINESS