https://knews.kathimerini.com.cy/en/business/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). ...
https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/business/kousios-work-accidents-decreased-by-7
Through the policies implemented and through specific measures, we have managed in recent years to have a continuous decrease in work accidents, said the Minister of Labour and Social Insurance, Kyriakos Koushos, on Tuesday, noting that "this year the decrease is estimated to be around 7%."...
https://knews.kathimerini.com.cy/en/news/pega-s-amendment-games
The debate on Cyprus will turn into a game of balances and... amendments in relation to the draft report of the European Parliament's Committee of Inquiry into Surveillance Software (PEGA), ...
https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/news/the-red-warning-from-the-beaches-of-protaras
First and foremost, let me state that I am not an environmental expert. As an active citizen, I am recording my concerns about the changes brought about by climate change...
https://knews.kathimerini.com.cy/en/business/google-cutting-12-000-jobs
Google's parent Alphabet Inc said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/comment/opinion/migration-nikos-christodoulides-can-and-wants-to-deal-with-it
One of the biggest and most serious problems Cyprus faces now, and one of the biggest challenges, is the issue of migration. Our country must deal with disproportionate flows of migrants, both in relation to its size and resources and in relation to its population....
https://knews.kathimerini.com.cy/en/news/finance-minister-responds-to-cbs-disinformation-and-fake-news
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. ...
https://knews.kathimerini.com.cy/en/news/cyprus-aims-for-higher-targets-in-green-energy
In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/news/the-country-s-digitization-and-other-stories
We heard a lot and very little during this election. Lots of one-liners, 'cockfighting', insults, and histrionics. Nothing was said regarding the substance. ...
https://knews.kathimerini.com.cy/en/news/surfer-daredevils-spread-laughter-in-flooded-cyprus
Cyprus’ water enthusiasts, whose street surfing videos during last weekend’s flood went viral, say they are professionals and only had some fun after torrential rain that forecasters got wrong...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/cyprus-digital-tourism-campaign-reaches-over-1-billion-smart-phones
The digital campaigns of Cyprus' Deputy Ministry of Tourism are reaching more than one billion smartphones a year, said Deputy Minister Savvas Perdios, speaking at the conference of the Association of Travel Agents "Digi.travel - The Cyprus International Digital Tourism Conference & Expo 2023."...
https://knews.kathimerini.com.cy/en/business/dispute-resolution-services-a-more-cost-effective-way-to-resolve-issues
Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/business/the-plan-to-bring-in-more-german-tourists
In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....
https://knews.kathimerini.com.cy/en/business/projects-in-excess of-€48-million-will-begin-in-the-first-quarter-of-2023
Projects worth more than €48 million will be tendered in the first quarter of the year under the Cyprus Tomorrow Plan, according to Government Spokesman Marios Pelekanos....
https://knews.kathimerini.com.cy/en/comment/opinion/nikos-christodoulides-program-for-the-next-five-years
Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...
https://knews.kathimerini.com.cy/en/business/is-your-organization-agile-enough-to-embrace-what-tomorrow-brings
The transformation imperative is urgent, challenging and opportunity rich. Leaders are reframing their businesses to adapt to a new landscape by innovating their business model, elevating their customer experience, and finding new ways to leverage data and technology. This demands a careful balance: sustaining performance while investing in the skills, technologies, and agile ways of working to accelerate growth and create new opportunities. EY Agile practitioners place humans at the center of the organization, leverage technology at speed and innovate at scale....
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-extended-to-february-2023
The Council of Ministers met yesterday under the chairmanship of the President of the Republic Mr. Nicos Anastasiades and approved the extension for two additional months of the measure concerning the subsidy by the State of part of the cost of electricity consumption...
https://knews.kathimerini.com.cy/en/news/calls-to-protect-vulnerable-borrowers-from-interest-rate-hike
The Association for the Protection of Bank Borrowers (SYPRODAT) has accused the government of "complete apathy" in the development of support measures for vulnerable borrowers in the aftermath of the European Central Bank's (ECB) continuous increase in interest rates and amid conditions of unprecedented accuracy....
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
https://knews.kathimerini.com.cy/en/news/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, ...
https://knews.kathimerini.com.cy/en/business/grant-johnson-city-of-dreams-mediterranean-will-be-the-game-changer-for-cyprus-hospitality-industry
The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...
https://knews.kathimerini.com.cy/en/business/in-the-past-year-40-of-residents-reported-their-accounts-compromised
Forty percent of citizens and nearly half of businesses have experienced some sort of cyber attack in the past 12 months, according to surveys on cyber security....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/cbc-governor-any-recession-is-expected-to-be-mild-and-short-lived
Constantinos Herodotou, Governor of the Central Bank of Cyprus, talked about the ECB objective and actions to restore and stabilize inflation at 2% in the medium term and maintain financial stability, saying that any recession is expected to be mild and short....
https://knews.kathimerini.com.cy/en/news/france-first-country-to-ban-short-haul-flights
France has been given the green light to ban short-haul domestic flights. Specifically, between locations where there is a train alternative that takes less than 2.5 hours....
