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1. Cyprus' illusion of prosperity as unemployment numbers mask realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

2. ''Workers at Larnaca Marina were paid despite lack of work,'' says Vafeades

The €1.2 billion investment agreement with Kition for the Larnaca port and marina project is under renewed scrutiny due to the dispute involving 15 workers recently laid off. ...

3. Cyprus has second largest decrease in firefighter jobs across EU

The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat. ...

4. Eurostat: 80.6% of Cyprus graduates found jobs in 2023, below EU average

A total of 80.6% of recent graduates in Cyprus were employed in 2023, while the European Union (EU) average stood at 83.5%, according to data published on Wednesday, by Eurostat....

5. Experts warn of ''dangerous'' decline in young people's mental health

Experts are sounding alarms over a ''dangerous'' decline in the mental health of young people worldwide, citing factors such as intergenerational inequality, pervasive social media use, low wages, unstable employment, and the climate crisis....

6. Olympic medalists receive life-changing rewards from home countries

7. President Christodoulides visits Olympic Village, praises athletes

The President of the Republic of Cyprus, Nikos Christodoulides, visited the Olympic Village on Sunday, where he met with the athletes of the Cyprus Olympic Committee's delegation to the Paris Olympics, the "best ambassadors of Cyprus abroad", as he said....

8. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

9. Paphos hotel pool fumes hospitalize 26, two arrested

Paphos police are intensively investigating an incident at a hotel swimming pool in Geroskipou that resulted in 26 guests being hospitalized. ...

10. Cyprus economy soars as tech takes the lead while real estate trails

Cyprus' economy is showing impressive growth at the start of 2024, with the biggest gains coming from the tech and services sectors, Kathimerini's Anna Polyviou reports....

11. Seven arrested for drug possession and illegal employment in Ayia Napa

Two individuals were arrested in Ayia Napa for drug possession, and another two were arrested for illegal employment during an operation conducted......

12. Cyprus boomed in 2022 with more jobs and better services

Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....

13. Cyprus tourism faces €25 million Hit

The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...

14. Cyprus ranks among top innovators in Europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

15. Court detains suspect in Metamax pyramid scheme

A 54-year-old man arrested in connection with the ''pyramid'' fraud scheme known as Metamax has been ordered detained for eight days by the Limassol District Court, according to proceedings held on Saturday, July 6th. ...

16. Alphamega and Bean Bar ranked among the top 20 Investors in People employers worldwide

17. Greece bucks trend with six-day work week

Greece has introduced a six-day working week for certain businesses in an effort to increase productivity and employment, according to a report by CNBC. ...

18. Cyprus trade sector sees 20.7% surge in 2022 turnover

Turnover in the broad trade sector increased in 2022 by 20.7%, according to the results of the Wholesale and Retail Trade Survey, published by the Statistical Service on Wednesday....

19. CBC to keep dividends low despite bank profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....

20. Cyprus tightens laws to combat illegal employment

The Council of Ministers has approved three new bills aimed at cracking down on illegal and undeclared work....

21. Is Larnaca the new Limassol?

Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....

22. New era in Cyprus local governance begins with 20 new municipalities

Cyprus is undergoing a significant local government reform aimed at enhancing service quality, financial and administrative autonomy, and transparency. ...

23. Philippine Foreign Secretary strengthens ties in Cyprus

In a historic visit to Cyprus, Philippine Foreign Secretary Enrique A. Manalo met with Foreign Minister Constantinos Kombos to discuss strengthening bilateral relations between the two nations....

24. Cyprus to sell €1 billion bond after improved credit ratings

The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......

25. Cyprus cuts migrant arrivals by 50%, earns European praise

Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...

26. CBC projects 3% GDP growth in 2024

The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....

27. €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,...

28. Cyprus and Montenegro sign maritime cooperation agreement

Cyprus and Montenegro have signed a Memorandum of Understanding to mutually recognize the certificates of competency for merchant ship officers issued by both countries. ...

29. Supreme court to decide on auditor general's dismissal objection

At 9:30 p.m. on June 5, the Council of the Supreme Constitutional Court will announce its decision on a preliminary objection raised by Auditor General Odysseas Michaelides. ...

30. Mario Nava advocates bicommunal energy project in Cyprus

A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust, Mario Nava, the Director-General of the European......