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2041. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

2042. An increasing number of bounced checks were recorded by the CBC

The number and amount of bounced cheques recorded in the Central Bank of Cyprus' (CBC) preliminary Central Information Register (CIR), showed an upward trend in the first five months of 2022, according to data released Tuesday....

2043. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

2044. Cyprus received 11,000 asylum applications in the first five months of 2022

Cyprus has received more than 11,000 asylum applications in the first five months of 2022, Interior Minister Nicos Nouris has said, noting that the first line EU-member-states, namely, Cyprus, Greece, Italy, Spain and Malta are estimated to receive 150,000 asylum seekers....

2045. KPMG and CIM offer two scholarships

Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...

2046. Greece on alert, bracing for all possible scenarios

Athens is reportedly on full alert even for the most extreme scenario on the part of Ankara, given that Turkish President Recep Tayyip Erdogan is under pressure domestically and resorting to increasingly incendiary rhetoric....

2047. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

2048. Elderly man tells police he killed his wife

An elderly man in Limassol turned himself to police on Monday, saying he killed his wife after striking her in the head with a hammer...

2049. Number of registered unemployed persons drops by over 66% in May

The number of unemployed persons, registered at the District Labour Offices registered a steep drop in May declining to 10,586 persons, marking an annual reduction of 66.2%....

2050. Thousands of young Europeans selected to travel throughout Europe for free

Nearly 754,000 people have applied to travel and visit Europe through DiscoverEU, the integrated program of Erasmus+, has revealed....

2051. Tatar alleges Greek Cypriot links to terrorism

Turkish Cypriot leader Ersin Tatar had some harsh words for his compatriots in the south this week, saying Turkey’s concerns over NATO candidate Sweden’s PKK links also had basis in the south and called on Greek Cypriots to reevaluate their 'cooperation with terrorist organizations'...

2052. Truck driver dies in mountain road accident

A truck driver transporting bottled water in rural Limassol was killed on Friday when he failed to negotiate a curve on a mountain road exactly where other road fatalities took place in the past...

2053. Global IPO market experiences significant slowdown in Q1 2022

2054. Britain celebrates 70 years of Queen Elizabeth's reign

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne....

2055. Bank of Cyprus used car auction on the 7th of June

The Bank of Cyprus is once again holding an auction for used cars. See the list below with prices and click on the links for additional information....

2056. Nicosia on the defense over ill-timed Israeli drill

Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...

2057. Australia’s High Commissioner visits Minthis

Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...

2058. Cyprus' unemployment rate down from 8.4% to 5.4% compared to last year

The seasonally-adjusted unemployment rate in Cyprus reached 5.4% in April 2022, decreasing from 5.8% last month and from 8.4% in April 2021, according to figures published by Eurostat, the statistical office of the European Union....

2059. Industrial prices soar by 19.5% in Cyprus

Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....

2060. Refugee drowns after boat enters Cypriot waters

An undocumented migrant died in Cypriot waters on Thursday after a boat carrying refugees approached the island in the early morning hours but they did not reach land until hours later...

2061. Three villages awarded 'Colourful Villages' certificate

Vouni, Kalopanagiotis and Steni are the first communities that have been awarded the "Colourful Villages" certificate by the Ministry of Tourism. Representatives of the 3 villages received the certificate in an event held on Monday, May 30th in Vouni in the presence of the Deputy Minister of Tourism, Savva Perdios....

2062. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

2063. A new hotel opens in the heart of Old Nicosia

Interest in investing within the walls of Nicosia is growing. The purchase of property to be transformed into student dormitories and new apartments is being discussed both by local businessmen and in real estate circles. ...

2064. Cyprus looking to acquire a presidential aircraft

Discussions surrounding the purchase of an official presidential plane return to the fore....

2065. Awards for Lidl Cyprus Human Resources Department

Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...

2066. French journalist killed in Ukraine

Paris has called for a full and transparent investigation into the death of a French journalist in Ukraine, after reports surrounding an attack on his convoy remained unclear...

2067. Superyacht in Ayia Napa highlights tourism makeover

A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...

2068. Masks no longer required in indoor spaces as of June 1st

Masks will no longer be required in indoor spaces as of June 1st, according to an announcement today from the Ministry of Health....

2069. First time asylum seekers in EU increase by 85% in February

In February 2022, first-time asylum applications by persons who applied for international protection in EU member states increased by 85% compared to February 2021 and by 3% compared to last January, according to the latest monthly asylum data published by Eurostat, the EU’s statistical service....

2070. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...