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301. Trade unions and employers disagree on national minimum wage parameters

Efforts to come to an agreement on the establishment of a national minimum wage in Cyprus were unsuccessful during a scheduled meeting on Tuesday held by the President with trade unionists and employers' unions....

302. President to finalize minimum wage talks with unions

President of the Republic Nicos Anastasiades will meet trade unions on Tuesday to conclude negotiations for the introduction of the minimum national wage in Cyprus....

303. Widower cries foul in Ayia Napa buggy fatality

A Swedish man whose wife was killed in an Ayia Napa buggy accident in early May is in the market for an appeal lawyer in Cyprus, with reports saying he has several questions after a British national was sentenced to one year through an expedited trial procedure...

304. Average gross earnings increased by 6.8% in Q1 of 2022

The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....

305. President formally appoints new Labour Minister, deputy Minister and director of his office

The appointment ceremony of the new Minister of Labour and Social Insurance Kyriacos Koushos, the new Deputy Minister to the President, Petros Demetriou and the new Director of the President's Office Pantelis Pantelides took place on Monday at the Presidential Palace, in the presence of the President of the Republic Nicos Anastasiades....

306. Russia accuses West of spreading lies about cause of world's food crisis

Russia on Wednesday said the West was spreading lies about the causes of the global food crisis which Moscow said was being stoked by the sanctions imposed on Russia by the United States and European Union due to the invasion of Ukraine....

307. Pesticide reduction key to sustainable agriculture

Reducing the use of pesticides is key to sustainable agriculture, Commissioner Kyriakides tells CNA, and underlines that producers will be supported...

308. Κyriacos Koushos takes over as Labour Minister

Κyriacos Koushos will take over as Minister of Labour and Social Insurance, following the death of Zeta Emilianidou who died on June 6 in hospital after suffering a brain aneurysm. ...

309. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

310. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

311. 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....

312. Cypriot woman who fled to UK after war in ‘74 opens her door to Ukrainian refugees

A woman whose family fled to Britain to escape a war has closed her seaside hotel to tourists—so she can give Ukrainian refugees a place to stay....

313. 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. ...

314. Op-ed: Three years after the start of GESY, we look back at the vision and the challenges

In a few days, it will be three years since the implementation of the General Health System (GESY) in Cyprus, the largest reform ever carried out in the country....

315. Monkeypox: Dozens of suspected and confirmed cases in Europe and North America

Dozens of suspected and confirmed cases of monkeypox have been identified since early May in Europe and North America, raising fears that the disease, which is endemic to West Africa, could spread....

316. My Big Fat Greek Wedding 3 to be filmed in Corfu

The third installment of the My Big Fat Greek Wedding franchise was given the green light and filming is set to take place, in part, according to Corfu TV News, on Corfu....

317. The next three days are crucial for Emilianidou

318. Greece experiencing significant staff shortages at hotels

Greek hotels are looking to fill 55,000 positions this summer, during what is expected to be a very busy season, according to hoteliers....

319. Zeta Emilianidou suffers brain aneurysm (update)

The Minister of Labor and Social Insurance, Mrs. Zeta Emilianidou, suffered a brain aneurysm last night and was transported to a hospital in Athens where she is currently undergoing surgery, according to a statement from the Presidency....

320. Lawyer lying his way into client’s quarter million

A lawyer in Cyprus, who has been accused of pocketing a quarter million euro of insurance money awarded to his client, is facing multiple fraud charges following his extradition by German authorities years later...

321. Labor inspections island-wide during the month of May

The Ministry of Labor, Welfare and Social Insurance will be carrying out spot inspections island-wide in May at leisure centers and cafes to combat undeclared labor and to ensure that businesses are complying with basic labor laws, the Ministry announced....

322. Consulco’s London Credit Fund Q1 2022 Results

Consulco achieved a remarkable first quarter of 2022, during which our London Credit Fund achieved a dividend of £ 13.07 per unit of its Class A shares, $ 11.14 per unit for its Class C shares and € 9.00 per unit for its Class E shares. ...

323. Nicosia drops hint at ferry link this summer

The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...

324. EIB ready to offer funding to mitigate effects of Ukrainian war on Cyprus

New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...

325. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

326. K. Treppides & Co Ltd - Cryptocurrencies: Forex Companies trading in cryptocurrencies as underlying asset. How to apply.

Derivatives on virtual currencies / cryptocurrencies, such as contracts for differences (CFDs), options and futures, can qualify as financial instruments under MiFID II. Subsequently, the provision of investment services in relation to financial instruments with cryptocurrencies as underlying asset in and/or from Cyprus, requires specific authorisation by the Cyprus Securities and Exchange Commission (CySEC)....

327. Alexis Pantazis and Emilios Markou of Hellas Direct have been named EY Entrepreneurs Of The Year for 2022 in Cyprus

This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022 ...

328. Ministry of Labor cracks down on undeclared labor

Targeted inspections in the construction sector will now be conducted by the Ministery of Labor, Welfare and Social Insurance beginning in March in an effort to clamp down on undeclared labor. ...

329. GESY: €1.21 billion in expenses from 920,000 beneficiaries in 2021

Total expenses for services from the General Healthcare System (GHS) in Cyprus came to €1.21 billion in 2021, from approximately 920,000 beneficiaries, Senior Officer of the Health Insurance Organisation (HIO) Angelos Tropis told CNA, adding that based on the preliminary results, the 2021 expenses will approximately be equal to total revenue. ...

330. Doctor kicked out of GESY over fictitious charges

Prosecutors in Cyprus are moving forward with a case against a GESY doctor suspected of health insurance fraud, after officials found he had been racking up false claims for medically unnecessary injections...