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1231. Workforce crisis grips Cyprus as 12,000 job vacancies surge

In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....

1232. Joseph Borghese receives 'Académico Honorario' title from Mexico

Joseph Borghese has been honored as the first Cypriot to receive the esteemed 'Académico Honorario' (Honorary Academic) title from Mexico. ...

1233. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

1234. Greek retailer Kotsovolos fined €2 million for misleading discounts

The Minister of Development, Kostas Skrekas, has levied a 2 million euro fine on the company "Dixons South-East Europe Commercial and Industrial Company of Electrical, Information Technology,...

1235. One to three-star hotels dominate Greece’s accommodations

Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....

1236. Non-performing loans take a €95M dive

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August. ...

1237. Chinese elite move billions abroad in economic shift

In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....

1238. Deloitte Cyprus CEO on 65 years, challenges, and future strategies

Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....

1239. Makarios Avenue struggles to fulfill commercial expectations

Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...

1240. AstroBank: Residential and commercial properties for sale

AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....

1241. The overtime dilemma – George Vassiliou's proposal

Only a young John Kapodistrias, with his wit and cunning, can rescue this troubled land from the folly of officials and citizens....

1242. Leaders meet amidst UN envoy appointment

President Christodoulides and Turkish Cypriot leader Ersin Tatar met under new circumstances, following developments in the appointment of the UN Secretary General's Special Envoy for Cyprus....

1243. Arachova faces unrest as Oliver slaying triggers online boycott

In the enchanting town of Arachova, situated at the base of Mount Parnassos, a distressing event has stirred waves of unease. The recent brutal killing and torture of an 8-year-old Husky named Oliver have prompted an online boycott targeting the winter resort....

1244. Cyprus and France seal the deal on tax cooperation

In a milestone development, Cyprus and France have solidified their commitment to combat double taxation through the signing of a renewed Convention on the Elimination of Double Taxation....

1245. Surge in bounced checks worth €1.6 million in 2023

1246. Porsche: Driving the dream

How did it all begin? With a phone call. Because when Porsche invites you to live the dream, you can only say yes. And becoming a member of a team with creative individuals from different European countries to experience an unforgettable two-day Porsche adventure, full of adrenaline and unique moments, is a life experience you will have to tell forever......

1247. Israelis alarmed at security hole in occupied territories

Benjamin Netanyahu's announcement, following Kathimerini's revelation that the Cyprus Intelligence Service prevented a strike against Israelis by arresting two Iranians linked to the Iranian Revolutionary Guards, ...

1248. Planned attack against Jews in Cyprus thwarted

The Cypriot police arrested two Iranians last month, alleging their connection to the Iranian Revolutionary Guards of Iran (IRGC), targeting Jewish citizens in Cyprus....

1249. Cyprus-France convention breaks fiscal barriers

In a strategic maneuver to bolster economic collaboration, Cyprus and France are gearing up to sign a pivotal Convention on Monday in the capital city of Nicosia....

1250. Hunter Biden indicted on tax charges amid intensifying legal woes

Hunter Biden, the son of President Joe Biden, faces new legal challenges as he was indicted on Thursday on nine tax charges in California. The charges, comprising three felonies and six misdemeanors, are in addition to federal firearms charges in Delaware....

1251. Unveiling brilliance at the 22nd Bank of Cyprus Man of the Year Awards 2023

The illustrious 22nd Bank of Cyprus Man of the Year Awards 2023 unfolded in all its glory last night, December 7, 2023, at The Royal Hall in Nicosia....

1252. Champions emerge tonight at the Bank of Cyprus Man of the Year Awards

Get ready for an evening of celebration and recognition as the Bank of Cyprus Man of the Year Awards takes center stage at The Royal Hall in Nicosia on Thursday, December 7....

1253. December Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

1254. How locals can mitigate the risks of Cyprus' new citizenship rules to attract tech talent

Cyprus's recent initiative to boost its technology sector by offering tax breaks and fast-track naturalization to third-party nationals is a strategic move that could significantly reshape its economy and society....

1255. EY Cyprus' new office: Transforming work in a post-COVID world

The global pandemic has led in an era of exceptional change in the core model of work, prompting organizations to reassess traditional structures and embrace a hybrid approach....

1256. AstroBank: Residential and agricultural properties for sale

AstroBank is selling residential and agricultural properties in all districts of Cyprus. The Bank's listings include houses and apartments, office space, land, and commercial buildings. The available properties are located in urban and rural areas, providing prospective buyers with a wide range of choice to find the one that best meets their needs....

1257. 'Ktrends' survey reveals public dissatisfaction with Cyprus government

In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...

1258. US imposes sanctions on three Cyprus based entities

The US Department of Treasury’s Office of Foreign Assets Control (OFAC) announced new sanctions against individuals assisting the Russian defense industry, involving Cyprus-based entities....

1259. Cyprus Airways connects the Island to the heart of Europe

Cyprus Airways announced today that it will be commencing twice weekly services, every Monday and Thursday, between Larnaca and Brussels International Airport, on the 5th of February. These will be increased to three weekly flights as from Summer 2024....

1260. Paphos delegation thrives in Seville, European Smart Tourism Capital 2023

Nassos Hadjigeorgiou, Executive Director of the Pafos Region Tourism Development and Promotion Company, and Dr. Zenon Zignonos, Smart City Projects Manager of the Municipality of Pafos, engaged in a highly successful transition to Seville, the designated European Smart Tourism Capital for 2023....