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451. €10 million worth of grants approved for women entrepreneurs

A total of 187 applications submitted by women were approved in 2021 for the amount of 10.6 million euros, in the framework of the New Entrepreneurship Programme covering the period 2021-2027, ...

452. Children's A&E department operating on trial basis since Monday

Since Monday, January 30, 2023, the first Accident and Emergency Department for Children has been running on a trial basis....

453. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

454. Election protocol for COVID positive voters

The Ministry of Health issued Monday a press release on a series of protection measures for the prevention of the spread of COVID-19 that should be implemented by the election officers during the presidential elections that will take place on Sunday....

455. 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). ...

456. 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%."...

457. School exams rescheduled to accommodate major strike

Unionized teachers in the Republic of Cyprus have secured a time change for school exams on Thursday so that members can take part in a major strike to demand restoration of pre-crisis wage indexation mechanisms for union workers...

458. 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)....

459. 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)....

460. Tech companies calling for employee naturalizations after 5 years

Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...

461. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

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. ...

462. 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....

463. Prostitutes gather in Davos for annual meeting of global elite

The global elite tackling the world's problems at the Davos summit including gender inequality is fuelling a surge in prostitution in the Swiss resort....

464. Limassol: Meat worth more than 50,000 euros stolen

Limassol CID has arrested a 47-year-old man suspected of breaking into a meat warehouse and stealing goods worth more than 50,000 euros between 2022 and 2023 in Limassol....

465. 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....

466. More job vacancies reported than registered unemployed

The number of job vacancies reported by hotels for the year 2022 was almost three times the monthly average of the number of registered unemployed persons, Labour and Social Insurance Minister Kyriakos Koushos said at a conference on the "Staff shortage in the field of hospitality"....

467. 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....

468. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

469. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

470. EAC demands to be revisited on January 13

471. Cyprus' national minimum wage takes effect on first day of 2023

National Minimum Wage in effect in Cyprus for the first time in January...

472. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

473. Nicosia scrambles to block north recognition

The Republic of Cyprus is scrambling to block the Turkish Cypriot administration from upgrading its status in the northern part of the divided island, with Greek Cypriot officials in the south confirming reports of new counter measures with diplomatic missions to countries including Gambia...

474. Officer injured in clash outside foreclosed property

The owner of a foreclosed property in Paphos was arrested on Thursday following an altercation outside an apartment complex, where a female police officer was injured...

475. Germany passes law allowing foreigners to easily gain residency

Germany’s Federal Parliament, Bundestag, has approved the amendments to the law on the right of residence and asylum for third-country citizens who are already in the country, with a majority of 371 votes....

476. The Belgian wheel is in motion...

Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...

477. €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....

478. Unemployment rises to 6.8% in third quarter of 2022

Unemployment in Cyprus in the third quarter of 2022 rose to 6.8% of the total workforce, compared with 6.6% in the respective period of last year, according to the Labour Force Survey, published by the Statistical Service of Cyprus (Cystat) on Thursday....

479. Wolt responds to their delivery personnel strike

In recent hours, images of delivery people from a particular digital platform participating in a protest march have circulated online, raising questions about the organizational structure for delivery persons in the restaurant and digital product distribution industries. In this instance, it is Wolt employees. Akis Stamoulis, the company's communications manager, responded to "K's" specific questions....

480. NHS nurses walk out in first strike in over a century

Nurses across much of the UK launched a historic strike on Thursday, as they walked out of hospitals and onto picket lines after several years of falling pay and declining standards left the country’s nationalized health care system in a state of crisis....