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91. 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....

92. Employment and working hours up compared to last year

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154 thousand, according to data published by the Statistical Service....

93. Veterinary Medicine program now being offered at the University of Nicosia

Do you want to study in one of the most rapidly evolving sectors of the global market, offering you the opportunity to either be self-employed, work in a large organization, or dedicate yourself to the field of research while contributing to the development of scientific innovation and progress?...

94. Cyprus unemployment rate at 6.8% in 2nd quarter of 2022

The unemployment rate in Cyprus was 6.8% of the labor force in the 2nd quarter of 2022, recording a decrease of 1.6% compared to the corresponding quarter of 2021....

95. Cyprus fires back at Eurostat report

The Cypriot Fire Department took issue with a Eurostat report this week that said the Republic of Cyprus in 2021 had the second highest share of firefighters on payroll...

96. 28.8% of Cyprus’ total labor force in 2021 were immigrants

Total immigrants in the Cyprus labor market in 2021 amounted to 180,344 corresponding to 28.8% of Cyprus’ total labor force, the Statistical Service of Cyprus (Cystat) has said....

97. Tax filing deadline extended by one month

The Council of Ministers today announced the extension of the deadline to file personal income taxes from July 31st to August 31st, 2022. according to the announcement by Finance Minister Konstantinos Petridis....

98. 550 employees leave Bank of Cyprus

The Bank of Cyprus announced the successful completion of a voluntary staff retirement plan. Through the Plan, approximately 550 employees have been approved for severance, ...

99. Men work 7.5 years longer in Cyprus compared to women

The expected average duration of working life for 15-year-olds in the EU was 37.9 years in Cyprus in 2021, above the EU average of 36.0 years, according to data released by Eurostat, the statistical service of the EU....

100. Cyprus employment fell by 1.5% to 39,100 persons employed

Employment in the broad industrial sector decreased in 2020 by 1.5% to 39,100 compared to 39,700 in 2019, according to the results of the Survey on Industrial Production 2020, published by the Cyprus Statistical Service on Monday. ...

101. Bank of Cyprus offering voluntary retirement plans for up to 600 employees

The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...

102. Thousands of young Europeans selected to travel throughout Europe for free

Nearly 754,000 people have applied to travel and visit Europe through DiscoverEU, the integrated program of Erasmus+, has revealed....

103. Bank of Cyprus to reduce its employees by 500 in 2022

104. 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. ...

105. Boris Johnson sang 'I Will Survive'

In his first interview since being appointed as Downing Street director of communications, Guto Harri told Welsh-language website Golwg360 the pair launched into the Gloria Gaynor classic after he asked Mr. Johnson if he could survive the crisis over his leadership amid the ongoing partygate scandal....

106. Türk Sen: Sixty Turkish Cypriots have been employed on the Greek Cypriot side

Sixty Turkish Cypriots who had initially applied for jobs in the free zones have already started working and another 40 will be employed on the Greek Cypriot side in the coming days, announced the president of the Turkish Cypriot union, Türk Sen....

107. Income tax revenue up by €25.6 million in 2020 compared to 2019

Cyprus income tax revenue for the tax year 2020 increased by €25,6 million euros, compared to 2019, with the total amount exceeding €642 million. ...

108. Djokovic heads for Belgrade after deportation from Australia

Novak Djokovic was headed home to Serbia on Monday after his deportation from Australia over its required COVID-19 vaccination ended the No. 1-ranked men’s tennis player’s hopes of defending his Australian Open title....

109. Greek labor market needs skilled workers

The local labor market will operate under new conditions in 2022, as the last couple of years has already seen the imposition of changes due to the pandemic....

110. Moves to make banking faster

As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...

111. Clarifications Min. Health for the new measures - The exceptions for telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

112. Cyprus scrambles to legislate whistleblower law

Members of parliament in the Republic of Cyprus are urgently making their way to the justice ministry to compare notes on whistleblowing protections legislation, as the country scrambles to meet an EU deadline next month...

113. Greece becoming a hotspot for Hollywood films

Philip Fertis is involved in puppetry, but due to the pandemic, the demand for performances in schools and municipalities is low. ...

114. Less red tape for asylum seekers but no new options

Labor minister Zeta Emilianidou says her office has simplified paperwork for the hiring of asylum seekers, but the country's chamber of commerce says cutting red tape and shuffling less paper does not solve staff shortages in fields that are still inaccessible to those applicants...

115. Cyprus wants clean slate in naturalizations

The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...

116. Government responds to fire with €6 million aid

The Republic of Cyprus has announced €6 million in financial aid for villages affected by a deadly fire, including compensation to the families of victims, with the government clarifying that illegal or uninsured structures would not be an issue...

117. Police not ruling out probe in fire deaths

The Cypriot government has rejected accusations of a lax response to Saturday’s deadly wildfire, with police not ruling out a criminal investigation that could include a probe into the deaths of four Egyptian workers who died while trying to escape the inferno...

118. Pedestrian struck and killed on expressway

Police are trying to establish the identity of a woman who was killed Saturday in an accident on the highway near Larnaca International Airport...

119. Third lockdown brings new support schemes totaling €120m

New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday....

120. Interim report on golden passports delivered

An interim report on the golden passport scandal in the Republic of Cyprus says just over half of citizenships granted by the executive branch were not approved lawfully...