https://knews.kathimerini.com.cy/en/news/cyprus-achieves-€600-million-fiscal-surplus-in-q1-2024
Cyprus generated a fiscal surplus close to €600 million in the first quarter of 2024, marking an increase of 58% year on year, driven by the rise in state revenue which exceeded the rise in spending....
https://knews.kathimerini.com.cy/en/news/frederick-university-is-once-again-the-best-performing-university-in-cyprus-in-the-times-higher-education-impact-rankings
With a total of 2,152 institutions from all over the world participating in the Times Higher Education Impact Rankings 2024, Frederick University has been placed among the top 201-300 universities for the second consecutive year....
https://knews.kathimerini.com.cy/en/news/€102-3m-spent-on-275-000-people-trained-on-30-500-programs
In the last five years, 275,000 people participated in 30,500 training programmes of the Human Resource Development Authority of Cyprus (HRDA) and the total expenditure reached to 102.3 million euro,...
https://knews.kathimerini.com.cy/en/news/new-global-report-launched-at-global-family-business-summit
The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...
https://knews.kathimerini.com.cy/en/news/government-rejects-fti-group-s-bailout-plea-leading-to-bankruptcy
FTI Group, Europe’s third-largest travel provider, declared bankruptcy today following unsuccessful negotiations with the federal government, impacting 11,000 employees and tens of thousands of travelers currently on holiday or with future bookings....
https://knews.kathimerini.com.cy/en/news/fake-lawyer-extorts-€10-000-from-famagusta-restaurateur
Police have arrested a 45-year-old resident of Nicosia in connection with an ongoing money laundering investigation involving false representations....
https://knews.kathimerini.com.cy/en/news/government-clears-€564-2-million-in-outstanding-debts
The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....
https://knews.kathimerini.com.cy/en/news/restoration-of-larnaca-port-project-could-take-years-says-transport-minister
The initial steps toward determining the future of Larnaca's port and marina will commence this afternoon as the Minister of Transport......
https://knews.kathimerini.com.cy/en/news/man-dies-in-engine-accident-at-schiphol-airport
Tragedy struck at Schiphol Airport in Amsterdam on Wednesday when a man was killed after being trapped in a moving aircraft engine....
https://knews.kathimerini.com.cy/en/news/vafeades-confirms-qatar-s-interest-in-larnaca-marina-development
Transport Minister Alexis Vafeades announced on Thursday that Qatar and other international investors have shown interest in the development of Larnaca Port and Marina. ...
https://knews.kathimerini.com.cy/en/news/larnaca-port-workers-to-transition-with-new-management
The government, alongside port and marina workers' representatives, have struck a deal, announced Minister of Labour Yiannis Panayiotou......
https://knews.kathimerini.com.cy/en/business/over-4-000-fewer-unemployed-in-cyprus
Cyprus is rejoicing as the latest figures from the Statistical Service of Cyprus (Cystat) reveal a significant boost in its labor market, with the unemployment rate plummeting to a joyful 6% in the first quarter of 2024....
https://knews.kathimerini.com.cy/en/comment/opinion/labor-shortage-hits-antiparos-island
The small Aegean island of Antiparos is in a fever of preparations for the summer’s tourism miracle. ...
https://knews.kathimerini.com.cy/en/news/andreas-petsas-and-eurobank-support-sustainability-at-green-agenda
In a pivotal speech delivered at the 'Green Agenda' conference hosted at Hilton Nicosia, Mr. Andreas Petsas, Senior General Manager of Eurobank......
https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment
Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/hoteliers-express-concern-over-slowdown-in-summer-bookings
The chair of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, expressed concerns over a summer slowdown in bookings, fearing that 2024 might end with fewer reservations compared to last year. ...
https://knews.kathimerini.com.cy/en/news/government-employment-surges-by-5-2-in-2024
Government employment surged by 5.2% in the first four months of 2024, reaching a total of 54,837 individuals, according to data released Monday by the Statistical Service. By April 2024, the number climbed further to 55,253, revealing a breakdown of personnel across various sectors....
https://knews.kathimerini.com.cy/en/business/global-talent-crisis-desire-for-international-experience-skyrockets
EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands....
https://knews.kathimerini.com.cy/en/news/labour-minister-s-intervention-prompts-port-employees-to-end-strike
The Minister of Transport's diligent efforts to resolve the crisis among employees in the Operational Department of the Port of Larnaca have evidently yielded promising results....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-reveals-progress-on-€20m-gsp-redevelopment-project
In autumn, Nicosia Mayor Constantinos Yorkatzis revealed progress on the approximately €20 million redevelopment project of the old GSP, an essential green space....
https://knews.kathimerini.com.cy/en/news/faa-launches-probe-into-boeing-over-falsified-inspection-records
The Federal Aviation Administration (FAA) has initiated a new investigation into Boeing after discovering falsified inspection records, adding to the aerospace giant's ongoing challenges....
https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements
George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......
https://knews.kathimerini.com.cy/en/news/greece-moves-to-six-day-workweek
In a move garnering attention, Greece is set to implement a six-day workweek, with discussions sparked in German media regarding the country's unique approach....
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/news/should-kindergartens-allow-audio-recording-on-cctv
At entrances or exits of private kindergartens and parking areas, the installation and operation of closed-circuit television (CCTV) are allowed......
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis
The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......
https://knews.kathimerini.com.cy/en/news/government-unveils-ambitious-housing-strategy-minister-ioannou-reveals
The government has set the people and their servicing without undue inconvenience at the core of its policies, Minister of the Interior Constantinos Ioannou said on Tuesday, adding the Ministry is working on issuing of public documents the Civil Registry Department.
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https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/parliament-opens-breastfeeding-room-for-working-moms
In a move aimed at supporting breastfeeding mothers and promoting a culture of inclusivity, the House of Representatives has unveiled a newly designed and equipped breastfeeding room within its premises....
https://knews.kathimerini.com.cy/en/news/mfa-audit-uncovers-misuse-of-public-funds-and-abuse-of-power
A recent audit conducted by the Audit Service of the Ministry of Foreign Affairs (MFA) has revealed instances of misappropriation of public money and abuse of power spanning the years 2021 and 2022....
