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61. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

62. 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). ...

63. €651.4 million of government surplus recorded until September 2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

64. The 2023 Budget in the vortex of the elections

The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....

65. Techno parties to rebuild villages being organized by young Ukrainians

In a village in northern Ukraine that was devastated by Russian occupation only months ago, a techno party is in full swing....

66. 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. ...

67. 103 million euros in support measures for vulnerable households

Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine....

68. Inequalities between women and men more profound two years into life with Covid

What is very apparent is that women have kept our societies functioning during the pandemic, beyond what they always did, with very little social recognition, appreciation and support;...

69. Germany wants to attract 400,000 skilled workers from abroad each year

Germany's new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus pandemic....

70. What's left for the Turkish Cypriot economy after 2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

71. COVID-19 is adding new impetus to finance transformation

72. Cyprus records deficit of €800 million in Q2

Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....

73. Supreme Court: public sector pay cuts during financial crisis constitutional

The Cyprus Supreme Court on Friday overturned earlier rulings by the Administrative Court, finding that cuts made to public sector employees’ salaries and pensions during the economic crisis of 2013 were in accordance with the Constitution....

74. 'The Time Is Now': Women abstain from duties in call for gender equality

Women from across Cyprus locked elbows to form human chains outside their workplaces on Friday during a one-hour work stoppage that called for gender equality and an end to discrimination against women....

75. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

76. Cyprus pensions gender inequality among highest in EU

Female pensioners in Cyprus received a pension that was 38.2 per cent lower than male pensioners in 2018, much higher than the EU average of a 30 per cent pension gap....

77. Cyprus fiscal surplus at 4.3% of GDP

Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus. ...

78. Johnson again bids for snap poll as Brexit delay bill to become law

British Prime Minister Boris Johnson will try for a second time on Monday to call a snap election, but is set to be thwarted once more by opposition lawmakers who want to ensure he cannot take Britain out of the European Union without a divorce agreement. With no majority in parliament, which is determined to prevent what many businesses fear would be a calamitous way to quit the EU, Johnson wants to hold an election to keep his promise of leaving by Oct. 31, with or without an agreement. ...

79. Genius or joker?

Loose cannon or influential statesman - what kind of British prime minister would Boris Johnson make on the world stage? Judging by his time as foreign secretary, possibly both...

80. Cyprus to establish new Insurance and Pension Fund Supervision Authority

81. Cyprus and UK sign new pension protocol

82. UK Brexit Minister Dominic Raab Resigns

83. EU officials call Greece for stability amid pension debate

European officials are urging the Greek government to focus on maintaining financial and political stability even as political parties ratchet up their rhetoric ahead of general elections next year....

84. State launches new call centre

Members of the public who need to call the government regarding their citizen cases can now call the 1434 national number to get more information or submit a support ticket...

85. Moody's keeps Greek rating unchanged at B3

Moody’s kept Greece's sovereign credit rating unchanged at B3, with a positive outlook, in a credit opinion it issued on Wednesday....

86. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

87. Government exploring ways to suspend pension cuts

The government is hoping that surpluses at the Single Social Security Entity (EFKA) will allow the non-implementation of pre-legislated pension cuts on January 1 next year....

88. Opposition parties accuse government of interfering in justice

Greek opposition parties blamed the government for the resignation of the president of the Council of State on Wednesday, saying it is a strong indication of its interference in Justice....

89. You can’t put a price on heritage

When the German tabloid Bild suggested that Greece should sell off Corfu and the Parthenon as part of its asset-stripping, they didn't know that Durrell had foreseen this many years ago...