https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-footballer-scores-pro-deal-with-omonoia
In a landmark moment for Turkish Cypriot football, 18-year-old Tahsin Ozler has secured his first professional contract with Omonia, extending his tenure with the club until the close of the 2026/27 season.
...
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/president-announces-imminent-cabinet-reshuffle-within-18-months
A Cabinet reshuffle will take place before the completion of 18 months of governance, President Nikos Christodoulides said in an interview on Sunday with the newspaper "Phileleftheros", noting that decisions will be taken on the basis of his own assessment and the messages he receives from the society....
https://knews.kathimerini.com.cy/en/life/enchanting-lights-and-joyful-nights-as-paramythoupoli-gets-ready
As the capital readies itself for the holiday season, the D'Avila Trench transforms into a festive haven, offering an enchanting escape for both children and adults....
https://knews.kathimerini.com.cy/en/news/coca-cola-hbc-cyprus-at-the-cyprus-cocktail-festival-2023
The 4th Cyprus Cocktail Festival, part of the Digital Agenda Cyprus Summit, is pleased to announce the participation of Coca-Cola HBC Cyprus as one of the main sponsors of the event. ...
https://knews.kathimerini.com.cy/en/news/hotel-employees-get-wage-boost
The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...
https://knews.kathimerini.com.cy/en/news/cost-of-living-up-as-prices-show-increase-of-2-4-in-a-year
In an announcement on its official website, CyStat shared that the cost of living, or how much things cost, has gone up in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/world-s-priciest-cocktail-at-just-under-$19-000-comes-with-a-diamond-twist
The 'Diamonds Are Forever Martini' is the world's most expensive cocktail, sold at a staggering $18,963.82 (£14,876.17)....
https://knews.kathimerini.com.cy/en/news/the-president-s-omissions-and-unaddressed-issues
Flanked by his cabinet and through a 24-page document, the President of the Republic presented the program and actions of the government from his first day in office until today. ...
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/news/natural-gas-a-priority-for-affordable-electricity-generation
The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....
https://knews.kathimerini.com.cy/en/news/omonia-secures-16th-cup-victory-and-europa-conference-league-qualification
Omonia Nicosia won the 16th cup in its history after beating AEL Limassol on Wednesday night at the GSP stadium....
https://knews.kathimerini.com.cy/en/news/christodoulides-shift-allowances-and-overtime-compensation-from-2024
President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....
https://knews.kathimerini.com.cy/en/business/unions-and-employers-sign-new-transitional-agreement-on-cola
Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....
https://knews.kathimerini.com.cy/en/business/three-of-four-unions-accept-labour-minister-s-improved-cola-proposal
Assuming it is God's will and with PEO's permission on Friday, it's anticipated that the issue of Cost of Living Allowance (CoLA) will come to a close....
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/labor-minister-proposes-compromise-on-cola-issue
Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....
https://knews.kathimerini.com.cy/en/business/minister-of-labor-to-submit-cola-mediation-proposal
Minister of Labour and Social Insurance Yiannis Panayiotou said on Friday he would submit a mediation proposal to the social partners (trade unions and employers) to reach an agreement on the issue of the Cost of Living Allowance (CoLA)....
https://knews.kathimerini.com.cy/en/news/employers-and-labor-unions-can-t-agree-on-cola-issue
Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK.
...
https://knews.kathimerini.com.cy/en/news/minister-of-labor-in-the-hot-seat-on-cola-issue
The President of the Republic's directive to the new members of the government that there is no time to waste and that the government should ramp up the initiation of its projects effectively overrides some ministries where pending issues are pressing. ...
https://knews.kathimerini.com.cy/en/life/less-painful-more-accurate-mammograms-what-took-so-long
Welcome to Wells $treet! If you know anything about me, you know I like an offbeat business story. So when I scheduled my annual mammogram this year, I thought, “Isn’t there a better, more comfortable way to do this? Can’t someone disrupt this industry? Doesn’t anyone care?”...
https://knews.kathimerini.com.cy/en/news/the-new-president-and-finance-minister-will-face-new-challenges
We are only a few days away from voting for the new President of the Republic. ...
https://knews.kathimerini.com.cy/en/business/strike-trade-unions-call-for-cola-agreement
Hundreds of workers gathered outside the Finance Ministry today calling for the full reinstatement of COLA (Cost of Living Allowance). ...
https://knews.kathimerini.com.cy/en/news/twenty-two-flights-affected-by-thursday-s-cola-strike
A total of 22 flights concerning both departures and arrivals from and to Cyprus’ two airports will be affected by the Cyprus-wide three-hour strike to be held tomorrow over the issue of the cost of living adjustment (COLA)....
https://knews.kathimerini.com.cy/en/news/anastasiades-the-protection-of-employees-rights-is-a-priority
President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....
https://knews.kathimerini.com.cy/en/news/acute-hepatitis-in-children-the-warning-signs
Scientists and public health authorities are looking into the recent outbreak of acute hepatitis in children, recently recorded in several countries around the world, and trying to find its cause....
https://knews.kathimerini.com.cy/en/news/finance-ministry-increases-2022-inflation-estimate-to-4
The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....
