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2221. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

2222. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

2223. Recovering lost ground

The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events. ...

2224. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

2225. PM hopefuls battle over Brexit in bad-tempered debate

Boris Johnson and Jeremy Hunt, rivals to become Britain’s next prime minister, clashed over who could be most trusted on Brexit on Tuesday in a sometimes bad-natured television debate just two weeks before one will be crowned...

2226. Eurogroup rules out any talk of primary surplus target reduction for Greece

Discussion on Greece was brief at Monday’s Eurogroup, but the council of eurozone finance minsters sent a clear message to Athens that creditors are ready to cooperate with the new government while warning that the handouts announced in May by the previous administration are putting growth and fiscal targets at risk...

2227. ND surges to power, promising change

2228. Deutsche Bank axes 18,000 jobs

2229. Two women at the top of EU decision making

Under the deal, Ursula von der Leyen, a close ally of German Chancellor Angela Merkel, will replace Jean-Claude Juncker as president of the European Commission, the EU’s executive arm...

2230. New missile scenarios tossed in the mix

Reports in the Turkish Cypriot press point to a number of different scenarios, as authorities on both sides of the divided island try to learn more about the rogue missile that ended up on Cypriot soil...

2231. No final conclusions yet in stray missile incident

The Republic of Cyprus remains in the dark over the missile incident in the north, while an effort is underway by officials to sound out “friendly countries” in order to connect the dots...

2232. The liberal narrative and the risks

2233. President in good spirits after surgery

President Nicos Anastasiades was rushed to hospital for emergency surgery on Saturday after a slip-and-fall accident...

2234. Playing with fire

The emerging crisis in the Eastern Mediterranean over Turkey’s drilling activities in Cyprus’ exclusive economic zone (EEZ) raise the prospect of an open Greco-Turkish conflict to a level higher than anytime since the Imia crisis...

2235. UK Defence Secretary Penny Mordaunt in Cyprus for talks

2236. Trump calls off Iran strikes at the last minute

2237. Chinese Ambassador to Cyprus: No one stands to win in a trade war

2238. Lady’s Mile mired in controversy again

Lady’s Mile Beach finds itself once again at the centre of controversy, with an upcoming concert in the balance due to environmental concerns and a businessman who is trying to get beach coolers banned...

2239. Fiscal Council: Implement reforms and maintain surpluses

2240. Don’t mess with the US Congress

2241. Bank culture should change Central Bank Governor says

2242. Partial drain at Memi Lake to go forward

Divers can expect a less difficult task at Memi Lake in the search for little Sierra, following a decision by the Water Development Department to allow a partial drain to lower the water level...

2243. Police renew efforts in search for Sierra

Robotic cameras head back in the water on Monday in search for little Sierra, with officials still contemplating a partial drain of the lake...

2244. Fire lookouts following Paphos wildfire

A wildfire that broke out Friday morning in remote areas in Paphos is believed to be a malicious act, with forestry officials calling for aerial support as part of an “offensive tactic” to contain the fire...

2245. World leaders mark the 75th anniversary of D-Day

2246. Eurobank Cyprus selects TEMENOS for its digital transformation

2247. Brexit may be put back to the people Hammond says

2248. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

2249. Against all odds

2250. Cyprus 'one of the success stories of ESM'