https://knews.kathimerini.com.cy/en/news/cyprus-banks-witness-€52-3b-growth
Deposits in the Cyprus banking system rose significantly in June totalling €52.3 billion, while liquidity in the banking system amounted to €27.2 billion....
https://knews.kathimerini.com.cy/en/news/motorcycle-chase-ends-in-drug-arrest
On Monday afternoon, the Paphos Police arrested a 29-year-old man for illegal drug possession and various traffic violations....
https://knews.kathimerini.com.cy/en/news/greek-wildfires-lead-to-flight-cancellations
Raging wildfires on the Greek island of Rhodes have sparked the evacuation of around 2,000 tourists from its resorts....
https://knews.kathimerini.com.cy/en/news/russian-warning-sparks-black-sea-grain-export-tensions
Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....
https://knews.kathimerini.com.cy/en/news/brexit-creates-passport-woes-for-tourists
A total of 254,316 holidaymakers’ valid passports do not comply with the post-Brexit rules for visiting the European Union countries, based on the figures from the HM Passport Office....
https://knews.kathimerini.com.cy/en/news/germany-recruiting-nurses-from-latin-america
Germany is continuing its efforts to recruit more nurses from countries in Latin America to tackle the ongoing labor shortage....
https://knews.kathimerini.com.cy/en/news/workplace-safety-breaches-lead-to-€10-000-fine
The Limassol District Court imposed a total fine of €10,000 on a company for violating workplace safety and health legislation, which put its employees and others at risk.
...
https://knews.kathimerini.com.cy/en/news/interior-ministry-implements-stricter-measures-for-new-asylum-seekers
The Interior Ministry of Cyprus announced on Wednesday that international protection applicants who have arrived in the Republic of Cyprus from January 1, 2023, onwards will not be considered eligible candidates for the voluntary relocation program....
https://knews.kathimerini.com.cy/en/news/cyprus-approves-€361m-supplementary-budget-for-2023
With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....
https://knews.kathimerini.com.cy/en/news/ministry-of-labor-to-improve-minimum-wage-policies
Cyprus currently has an outdated software system for pension fund operations. The government aims to expedite the actuarial study for the Social Insurance Fund (TKA) with the support of the International Labor Organization and the government of Austria.
...
https://knews.kathimerini.com.cy/en/news/schools-vulnerable-to-ransomware
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate, and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts....
https://knews.kathimerini.com.cy/en/news/approval-of-additional-budget-at-risk-due-to-parking-problems
The approval of the first supplementary budget for 2023, amounting to 361 million euros, may face obstacles due to the lack of adequate parking spaces at the new Ministry of Labor building....
https://knews.kathimerini.com.cy/en/business/hio-president-assures-no-increase-in-gesy-contributions-until-2030
In a recent interview on the DIASPORA NEWS show, Stavros Michael, the president of the Health Insurance Organization (HIO), announced that there would be no rise in the contributions of beneficiaries to GESY until at least 2030....
https://knews.kathimerini.com.cy/en/news/private-doctor-outside-state-network-speaks-out
Cypriot surgeon Alkiviadis Alkiviadous says he will be forced to move back overseas over his decision not to join GESY, with the private physician crying foul over an inflexible system that is slowly being bought by foreign money...
https://knews.kathimerini.com.cy/en/news/bomb-goes-off-at-insurance-company-building
A bomb went off on Thursday morning outside the building of an insurance company, while no major damages were reported...
https://knews.kathimerini.com.cy/en/comment/opinion/california-dismantling-women-s-rights-in-the-name-of-progressivism
Are there still women in California? They seem to have ceased to exist – at least as far as the state’s laws are concerned....
https://knews.kathimerini.com.cy/en/news/burisma-owner-may-have-bidens-on-tape
Shocking revelations in Washington suggest the owner of Burisma, a Ukrainian energy company registered in Cyprus, said he had secretly recorded phone conservations with Joe Biden as 'insurance policy' while accusations continue to build up against the FBI for redacting crucial information from a document alleging bribery and corruption...
https://knews.kathimerini.com.cy/en/news/ministry-of-health-condemns-illegal-fee-demands-by-medical-specialists
According to reports, medical specialists contracted with the GHS have been allegedly demanding a €25 fee from patients seeking expedited appointments, which the Ministry of Health states is "clearly illegal."...
https://knews.kathimerini.com.cy/en/news/the-consequences-of-driving-with-improper-footwear
As the weather heats up it might be tempting to kick off your winter shoes for something lighter, but doing so could see you in hot water....
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-soars-3-4-growth-in-q1-2023
Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....
https://knews.kathimerini.com.cy/en/news/schengen-visa-processing-delays-impact-turkish-citizens
Citizens of Türkiye have started to consider traveling to destinations other than those in the European Union/Schengen Area as they keep on facing Schengen visa processing delays as well as long waiting times for available appointment slots.
...
https://knews.kathimerini.com.cy/en/news/us-publishes-new-sanctions-list-with-cypriot-entities-raises-concerns
In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....
https://knews.kathimerini.com.cy/en/business/boc-first-quarter-of-2023-yields-€95-million-in-profit
Bank of Cyprus has released its financial report for Q1 2023, showcasing robust performance and positive indicators across various key metrics....
https://knews.kathimerini.com.cy/en/business/unions-and-employers-sign-new-transitional-agreement-on-cola
Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....
https://knews.kathimerini.com.cy/en/news/shipping-minister-wants-cyprus-ahead-of-the-curve
Cyprus' shipping sector must be competitive, strong, resilient to crises and to anticipate challenges and new trends, Shipping Deputy Minister, Marina Hadjimanolis, said on Thursday, adding that the government has an ambitious vision for shipping...
https://knews.kathimerini.com.cy/en/news/cyprus-tackles-alarming-rates-of-antibiotic-consumption
Cyprus is facing a serious problem with the consumption of antibiotic drugs and is now implementing a surveillance program on antibiotic prescriptions in outpatient health care in collaboration with the Health Insurance Organization....
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/cyprus-2022-household-assets-reach-€59-7b-debt-at-€20b
In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....
https://knews.kathimerini.com.cy/en/business/taxapp-cy-the-easy-way-to-submit-a-tax-return
With TaxApp, taxpayers can easily and quickly submit their tax returns while ensuring correct submission.
...
https://knews.kathimerini.com.cy/en/news/cypriot-hourly-wages-still-under-eu-average
In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...
