Search

31. 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. ...

32. 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)....

33. 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. ...

34. 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...

35. 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....

36. 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....

37. 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....

38. 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%....

39. 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....

40. 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....

41. 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)....

42. 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)....

43. 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. ...

44. 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. ...

45. 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?”...

46. 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. ...

47. 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). ...

48. 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)....

49. 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....

50. 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....

51. 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....

52. Coca-Cola, Starbucks and McDonald’s suspend operations in Russia

Coca-Cola, Starbucks, and McDonald’s have suspended operations in Russia in response to its invasion of Ukraine....

53. Ukraine - Multinational companies suspend their operations in wake of Russian inavsion

One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....

54. Plastics clampdown is key to climate change fight, EU environment chief says

Progressive reduction of fossil fuel-based plastics is crucial to tackling climate change, the EU’s top environmental official said, ahead of a United Nations meeting to launch talks on a world-first treaty to combat plastic pollution....

55. Christmas events in the Municipality of Nicosia December 21, 2021 - January 2, 2022

Wander around the city streets of Nicosia and bask in the festive atmosphere this holiday season. You'll find many events in and around the city. Check out the list below....

56. Man of the year awards tonight at 830pm

The annual Man of the Year Awards Ceremony is being held today, November 8, for the 20th year in a row....

57. Cyprus football leagues officially called off

This year’s first and second division local football leagues were officially called off on Friday, an announcement by the Cyprus Football Association confirmed....

58. Coca-Cola Hellenic buys out Acque Minerali

Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments. ...

59. Coca Cola heir Alki David arrested

60. Turkish Cypriots scramble to ease traffic at checkpoints

As more cars registered in the Republic of Cyprus go bumper-to-bumper to cross into the north, Turkish Cypriot officials are scrambling to find ways to ease traffic for thousands of Greek Cypriots who show up en mass on weekends looking for bargains...