Search

571. 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). ...

572. Labor unrest in the midst of an election - today's strike

Despite the unions' categorical assurances that the strike on Thursday has nothing to do with the current election period, the three-hour strike measures will de facto be butter on the election agenda of candidates who do not come from the government sector....

573. Austria to help upgrade Cyprus' social insurance system

Α Memorandum of Understanding in the field of digital transformation between the Republic of Cyprus and the Republic of Austria was signed on Thursday at the Presidential Palace, by the Deputy Minister of Research,...

574. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

575. Could robot doctors fully replace human ones?

When it comes to healthcare, the popular artificial intelligence platform ChatGPT is becoming increasingly intelligent....

576. Cyprus aims for higher targets in green energy

In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...

577. Sex ed to be introduced in schools by September

Sex education will be introduced in an institutionalized and comprehensive manner beginning in September, covering all levels from pre-primary to third high school. ...

578. Cyprus under international scrutiny for sanctions on Russian oligarchs - (video)

Regarding the levying of sanctions against Russian oligarchs due to the conflict in Ukraine, Cyprus is being closely watched on a global scale....

579. Brothers facing US extradition walk free in Cyprus

The Supreme Court in the Republic of Cyprus has ordered the release of five suspects, including two Greek Cypriot brothers, who are wanted by US authorities in connection with an investigation into investment fraud...

580. More mergers and acquisitions needed to bolster competitiveness

Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness....

581. Presidential debate: Boring, hilarious and chaotic but otherwise satisfactory

Averof Neophytou, Andreas Mavroyiannis, Nikos Christodoulides, Christos Christou, Achilleas Demetriades, Giorgos Kolokasidis, and Konstantinos Christofides clashed in another debate last night which was aired on TV stations Alpha, Ant1, Sigma, and Omega....

582. Cypriot minister talks Ukraine in Berlin

Cypriot Foreign Minister Ioannis Kasoulides will meet with his German counterpart Annalena Baerbock on Monday, just days after she warned any weak links in Europe’s resolve would only embolden Moscow...

583. British Museum in ‘constructive’ talks over Parthenon marbles

The British Museum said on Wednesday it was holding 'constructive discussions' with Greece over the Parthenon Sculptures amid renewed speculation that the 2500-year-old marbles could soon be returned to Athens...

584. EAC demands to be revisited on January 13

585. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

586. In the wake of the image

"Let me introduce you to our Elena Rapti," Spyros Vougias told journalist Giorgos Papachristos some 20 years ago when Eva Kaili made her political debut with PASOK....

587. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

588. Kalopanayiotis and Pissouri - WTO's 'Best Tourism Villages' 2022

Kalopanayiotis and Pissouri, two Cypriot villages of Nicosia and Limassol districts respectively, are among the villages participating in the Upgrade Programme of the UN's World Tourism Organization (UNWTO) to become "Best Tourism Villages"....

589. The fierce battle for second place

590. Cyprus to impose minimum 15% tax on multinational corporations

Cyprus Ministry of Finance said on Friday it will introduce a 15% minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover of at least €750 million while examining ways to mitigate any possible adverse impact on the Cypriot economy....

591. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

592. Calculating tax revenue for the passport program is challenging

It is impossible to estimate and link the amount of government revenue from the CIP to the individuals covered by it....

593. KEDIPES disburses another €80 million to the state

The Board of Directors of the state-owned asset manager, KEDIPES, has decided to disburse another €80 million to state coffers for the fourth quarter of this year, with the amount paid to the state in 2022 reaching €310 million....

594. Gatzke-Hellenic relations have returned to normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

595. Power cuts averted as energy grid clash rages on

Electricity Authority of Cyprus (EAC) workers' unions announced the suspension of the measures scheduled for Wednesday, after an extraordinary meeting with the Minister of Labour and Social Insurance, Kyriakos Kousios and the agreement to arrange as soon as possible 'and in any case within the next week' a meeting with the Ministers of Energy and Finance on the issues of concern ...

596. €36 million loss so far reported by banks this year

The banking system reported a loss after tax of €36 million on a consolidated basis in the first nine months of 2022, compared to a profit of €22.54 million in the corresponding period of 2021....

597. November's real estate performance

The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....

598. €5.4 million grant from Switzerland for integration projects

The Minister of Finance, Constantinos Petrides and the Swiss Ambassador to Cyprus, Christoph Burgener signed on Monday the Framework Agreement by which Cyprus will receive a grant of €5.4 million for the implementation of projects in the area of Cohesion....

599. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

600. Cypriot parliament approves state budget

The House of Representatives plenary approved the 2023 state budget on Thursday evening, the last to be tabled by the 10-year administration of Nicos Anastasiades...