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841. 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. ...

842. Sexual abuse and exploitation of children reaches alarming levels

Deputy Attorney General, Savvas Angelides noted on Wednesday that the increase of sexual abuse and the exploitation of children has reached alarming levels in recent years, adding that "this has resulted in the filing of a significant number of cases before the Assize Court and the district courts."...

843. Public World Premiere of the GT4 ePerformance at the Festival of Speed

The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....

844. Veil of mystery over Pachyammos excavations

Greek Cypriot officials were heading back to a bombing site in Pachyammos on Monday to investigate two missing person cases from the 1964 events but reportedly unrelated to Turkish bombardment, as relatives of disappeared persons keep pushing the state for answers...

845. The 'Great Resignation' is set to continue worldwide as pressure on pay mounts

The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months. ...

846. Germany a step closer to rationing after Russia cuts gas supplies

The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit. ...

847. EY Survey: Energy security concerns reinforce government focus on renewable energy programs

Energy security has risen to the top of government priority lists in the wake of geopolitical instability and spiralling gas prices....

848. 20 years of the Cayenne: The ‘third Porsche’ – an extraordinary success story

Ferry Porsche predicted it back in 1989: “If we build an off-road model according to our standards of quality, and it has a Porsche crest on the front, people will buy it.” He would go on to be proved right. ...

849. Helmetless passenger killed in brutal collision

A young man riding on the back of a motorcycle was killed in Limassol on Friday following a collision near Tsirio stadium, with police later arresting the car driver citing a traffic accident investigation...

850. Here's why Volkswagen Beetles now cost $600,000

German outfit Milivié Design is offering restored and modernized versions of the original VW Bug for $600,000, but there's a reason for the hefty price tag....

851. 'EuroAsia Interconnector will help free EU from energy dependence'

Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....

852. Gaston Taratuta from Argentina named EY World Entrepreneur Of The Year™ 2022

Gaston Taratuta, Founder and CEO of Aleph Group, Inc. was named EY World Entrepreneur Of The YearTM 2022 at an award ceremony held in Monte Carlo on Thursday, June 9....

853. How likely is a Greek-Turkish military conflict?

"Conflict over the Aegean Islands: Erdogan Threatens Europe with Next War." This is the title of a comment by the Greek-born editor-in-chief of the Munich newspaper Münchner Merkur, George Anastasiadis, on Turkey's new threats against Greece over sovereign rights in the eastern Aegean islands....

854. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

855. Athens wants arms for Ukraine out of public view

Greek Defense Minister Nikos Panagiotopoulos says he would ask the heads of the three branches of the Greek Armed Forces to contain recent disclosures in the media on the list of weapons that Greece may send to Ukraine, likening their information system to a 'swiss cheese'...

856. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

857. Cypriot woman who fled to UK after war in ‘74 opens her door to Ukrainian refugees

A woman whose family fled to Britain to escape a war has closed her seaside hotel to tourists—so she can give Ukrainian refugees a place to stay....

858. Archbishop ‘populist pick’ signals tough election

The race to the hill got a lot more serious over the weekend after Archbishop Chrysostomos likened independent presidential candidate Nikos Christodoulides to politically unbowed Makarios, prompting a swift response from ruling party Dysi leader Averof Neophytou...

859. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

860. Global IPO market experiences significant slowdown in Q1 2022

861. Bank of Cyprus used car auction on the 7th of June

The Bank of Cyprus is once again holding an auction for used cars. See the list below with prices and click on the links for additional information....

862. Nicosia on the defense over ill-timed Israeli drill

Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...

863. Fee free cash withdrawals at supermarkets and bakeries

Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....

864. NIPD GENETICS announces the Haemophilia and Thrombosis Panel to be offered as a stand-alone panel

As part of the commitment to continuous improvement of products and services, NIPD Genetics announces today that the Rodinia Haemophilia and Thrombosis Add-on Panel can now be selected as a Stand-alone Panel. ...

865. Iceland 'outhorsing' replies to work emails (video)

Iceland has trotted out a service that lets horses reply to work emails when you’re on holiday....

866. Cyprus ranks third with 58% of population having a tertiary education degree

41 percent of young adults across the European Member States have completed tertiary education, with women being the leading gender....

867. Pro-vax dad wins appeal against anti-vax mom

An appeals panel in the Republic of Cyprus has ruled that a district judge was wrong in siding with the mother of two teenage girls, whose father had sought a court order to get the girls vaccinated for coronavirus over mom’s objection...

868. Four-day workweek being piloted in Cyprus

A four-day workweek is being piloted in the Republic of Cyprus, with a big accounting firm on the island testing the waters of better work-life balance this summer...

869. Cyprus justice system ranked worst in EU

The performance of the Cyprus justice system, based on the time it takes to complete court cases, places it at the bottom of the list compared with other European Union member states....

870. Ukraine: US may send advanced anti-ship missiles to fight Russian blockade

The White House is working to put advanced anti-ship missiles in the hands of Ukrainian fighters to help defeat Russia's naval blockade, officials said, amid concerns more powerful weapons that could sink Russian warships would intensify the conflict....