https://knews.kathimerini.com.cy/en/news/private-health-insurance-coverage-declined-by-20-due-to-gesy
Predictions of a drop in private health insurance coverage following the implementation of the second phase of the General Health Plan were slow to emerge....
https://knews.kathimerini.com.cy/en/news/cyprus-hourly-labor-costs-in-2020-was-at-€18-10-with-some-exceptions
Based on the findings of the Labor Cost Survey (LCS) conducted by the Cyprus Statistical Service, the hourly labor cost was set at €18.10 with 2020 serving as the benchmark year....
https://knews.kathimerini.com.cy/en/news/household-debt-in-cyprus-was-81-of-gdp-in-june
Household debt stood at EUR 20.1 billion at the end of June 2022, with the relevant debt ratio standing at 81% of GDP, a slight decrease compared to the previous quarter due to GDP growth....
https://knews.kathimerini.com.cy/en/news/people-with-a-history-of-cancer-will-be-eligible-for-insurance-benefits
Following an agreement reached on Thursday afternoon and announced by Health Minister Michael Hadjipantelas, people with a history of cancer will now be able to receive benefits from insurance companies as of January 1, 2023....
https://knews.kathimerini.com.cy/en/news/online-voter-registration-app-for-2023-elections-opens-today
The online registration process for voters in Cyprus began on Thursday. The application was developed in cooperation with the Deputy Ministry of Research, Innovation and Digital Policy, in view of the February 2023 presidential elections....
https://knews.kathimerini.com.cy/en/news/unmarried-added-as-afterthought-in-paid-parental-leave-bill
Cypriot lawmakers this week criticized a bill on paid parental leave after it emerged that unmarried parents were not included in the legislation scheduled to go into effect before the year is out...
https://knews.kathimerini.com.cy/en/business/average-employee-gross-earnings-up-3-2-in-2021
The average gross monthly earnings of employees for 2021 increased by 3.2% compared to 2020 to €2,067, reaching a decade high....
https://knews.kathimerini.com.cy/en/news/how-much-loan-can-a-couple-with-an-income-of-€2-000-get
Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....
https://knews.kathimerini.com.cy/en/news/house-scrambles-to-keep-ships-under-cyprus-flag
The House health committee in the Republic of Cyprus is scrambling to amend healthcare legislation in a race against the clock, following reports that ship owners are trying to take their business elsewhere to avoid having to pay GESY tax...
https://knews.kathimerini.com.cy/en/news/a-total-of-29-377-cypriots-have-long-covid
Data collected by the Long Covid Cyprus network of the Cyprus Federation of Patients' Associations from the Health Insurance Organisation showed that by the end of last month, a total of 29,377 people suffered from long covid symptoms....
https://knews.kathimerini.com.cy/en/news/eight-weeks-paid-parental-leave-approved-by-cabinet
A new bill on parental leave was approved on Tuesday by the Council of Ministers, which provides, among other things, eight weeks of paid parental leave for parents with children up to 8 years old....
https://knews.kathimerini.com.cy/en/business/global-fintech-market-resilient-in-h1-22-$107-8-billion-in-investment-according-to-kpmg-s-pulse-of-fintech
Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...
https://knews.kathimerini.com.cy/en/news/un-s-stewart-the-option-of-a-mutually-agreed-solution-is-fading
"I am extremely concerned that the option of a mutually agreed settlement of the Cyprus problem, i.e. a formula for the reunification of the island acceptable to both sides, is fading and will not be available for much longer", UN Secretary General's Special Representative for Cyprus Colin Stewart says....
https://knews.kathimerini.com.cy/en/business/€100-increase-in-average-gross-monthly-earnings-in-q2-2022
The average gross monthly earnings of employees increased by €100 in the second quarter of 2022, according to provisional data, published by Cyprus Statistical Service on Wednesday. In particular, they reached €2,081, compared to €1,982 in the same period of 2021, recording an increase of 5%....
https://knews.kathimerini.com.cy/en/news/eu-flip-flops-on-russian-coal-after-cyprus-cries-foul
The shipping industry in the Republic of Cyprus can breathe a sigh of relief after the European Commission eased sanctions against Russian coal, following objection from Nicosia that saw stricter guidelines as a direct blow to its competitive advantage...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government
Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cap-gas-prices-risking-cutoff-from-russia
The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....
https://knews.kathimerini.com.cy/en/news/company-ordered-to-pay-fines-after-miner-s-death
A judge in Paphos has ordered a mining company to pay a fine to the Labor office for a series of violations that led to the death of a Syrian worker after a pit collapsed during excavations...
https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions
Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....
https://knews.kathimerini.com.cy/en/news/state-afternoon-clinics-already-behind-on-launch-day
Afternoon working hours for clinics in state hospitals went into effect Monday, as part of health reform in the Republic of Cyprus, but officials warned outpatient and surgery departments still had a backlog to go through due to the pandemic...
https://knews.kathimerini.com.cy/en/news/kilograms-of-cash-diamonds-jewelry-and-a-picasso-still-lost-after-25-years
Swissair Flight 111 from New York's JFK airport to Geneva, Switzerland, crashes off Nova Scotia, Canada, killing 229 people....
https://knews.kathimerini.com.cy/en/news/cyprus-minimum-wage-set-at-940-euros-per-month
The Minister of Labour and Social Insurance, Kyriakos Kousios, announced the establishment of the National Minimum Wage after the meeting of the Council of Ministers, calling it a historic day for the welfare state....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/news/shots-fired-during-car-case-in-chloraka
Three young men are in police custody and another one is wanted by police following a car chase in Chloraka, where officers used their guns in an attempt to flag down a suspicious vehicle...
https://knews.kathimerini.com.cy/en/business/cbc-noticeable-decrease-in-household-and-business-debt
Business and household debt in Cyprus reached €56.2 billion in the first quarter of 2022, according to data from the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-keeps-making-4-p-a-for-its-euro-investors
Consulco’s London Credit Fund has been reaching and exceeding its annualized target return of 4,00% on Euro since its inception. ...
https://knews.kathimerini.com.cy/en/news/cabinet-appointment-signals-gesy-wars-not-over
All hell broke loose this week in the health sector of the Republic of Cyprus, after a heart doctor not liked by unions was given a seat on the board of the Health Insurance Organization, signaling core debates about whether the state should stick to uniform rules or expand its single-payer philosophy...
https://knews.kathimerini.com.cy/en/news/abortion-debate-spills-over-into-cyprus
Officials in the Republic of Cyprus say sexual and reproductive rights of women on the island are being trampled in the absence of clear protocols, with access to abortion and long-term contraception being put on the line in the southern part...
