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991. Ministries launch joint crackdown on undeclared employment

The Ministries of Interior and Labour announced they will start doing checks on Monday in workplaces concerning undeclared employment of third-country nationals....

992. Senator Menendez condemns attack on UN peacekeepers in Pyla

The attack on UN peacekeepers in the dead zone in Pyla was a completely unacceptable violation of international law, and the United Nations Security Council should promptly pass a resolution condemning the recent assault on Cypriot territory, stated Robert Menendez, the President of the Committee on Foreign Relations of the U.S. Senate, during his speech at the World Conference of Cypriots in the Diaspora at the Presidential Palace....

993. Hotel employees get wage boost

The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...

994. Transport and storage grow by 22.3%

During the second quarter of 2023, the business activity index in the transportation and storage sector reached 154.4 units, indicating a growth of 17.3% compared to the same period in 2022....

995. Desperate battle against unyielding fires rages on

Greece is grappling with an ongoing state of fire as blazes continue to ravage several regions....

996. Brexit: 7,000 finance Jobs moved overseas

Dublin, Frankfurt and Paris are vying for a share of the financial services markets once dominated by London....

997. Eurobank secures full control of Hellenic with Pimco share acquisition

Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....

998. Thermometer set to hit 40°C

In a recent announcement, the Meteorological Service has issued a new warning regarding high temperatures. ...

999. City of Dreams Mediterranean partners with Cablenet

1000. Fattal Group acquires Grand Resort Hotel

The Israeli hospitality conglomerate, Fattal Hotel Group, is continuing its expansion in Cyprus by acquiring the five-star GrandResort hotel in Limassol, according to an announcement by Invest Cyprus. ...

1001. Nearly 7,000 property purchase permits granted in 2.5 years

In the span from January 2021 to August 2023, approximately 6,958 foreigners were given the authorization to acquire real estate within the occupied territories, as reported by ''official'' data, according to a Yeni Dusen report....

1002. Cyprus nationals arrested for money laundering in Singapore

The Singaporean Police arrested 10 foreigners on suspicion of money laundering and forgery offenses in connection with a case involving 1 billion Singapore dollars (737 million dollars) in cash, luxury cars, and other assets. ...

1003. Strategic release of 7,000 tons of barley

The release of up to 7,000 tons of barley, an amount equivalent to 30% of the strategic reserves, was decided by the Grain Advisory Committee, which convened at the Ministry of Agriculture on Thursday....

1004. President warns: 'No tolerance for conflict'

President Nicos Christodoulides held a crucial meeting this morning with Health Minister Popi Kanari and Health Ministry Director General Christina Giannakis, aiming to address pressing health sector concerns and streamline government initiatives....

1005. EU's solar climb to 2030 green triumph

The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....

1006. Cyprus faces deceleration amid inflation and rising rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

1007. Cabinet to gather in Troodos for informal objectives meeting

An informal meeting of the Cabinet will take place on August 25 at the presidential residence in Troodos Mountain, under President, Nikos Christodoulides, during which the Ministries and the Deputy Ministries will present their objectives and priorities, Deputy Minister to President Irene Pikis has told the Cyprus News Agency (CNA)....

1008. Russia-North Korea weapon deal may breach UN resolutions

The United States stated today that Russia would violate UN resolutions if it reaches an agreement on weapons with North Korea, following Moscow and Pyongyang expressing support for enhanced cooperation....

1009. Cabinet to decide on flexible working in Cyprus public sector

The Council of Ministers is poised to make a decision regarding proposed flexible working arrangements in the public sector this August, according to Maria Kleanthous, First Officer and Head of the Human Resources Management and Labour Relations Section of the Department of Public Administration and Personnel. The move comes as part of the implementation of the Recovery and Resilience Plan, with a target completion date set for the close of 2024....

1010. Tourism's dynamic future: Adapting to change from within

It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....

1011. New COVID vaccine meets Eris variant challenge

A new COVID vaccine is due out next month, but health experts and analysts say it is likely to be coolly received even as hospitalizations from "Eris", a variant of the Omicron form of the coronavirus, rise around the country....

1012. EuroAsia interconnector loan denied by European Investment Bank

The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....

1013. Downward spiral continues in gov't employment as casual staff numbers rise

Government employment trends continued their downward trajectory in July, impacting all categories of permanent personnel. Concurrently, there has been an uptick in the recruitment of casual staff....

1014. Londoners at risk as average rents could surge to £2,700/month next year

Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....

1015. Cyprus enhances migration management with new facilities

Cyprus took a significant step in enhancing its capacity to manage migration pressures by signing a contract for the construction of a reception center for around 1,000 people and a pre-departure center for approximately 800 people. ...

1016. Cyprus approves €35M plan for high-speed internet in rural areas

Cyprus Commissioner for state aid control Stella Michaelidou announced the approval of a €35-million subsidy scheme aiming to create very high capacity network (VHCN) connectivity in mainly rural areas that do not attract private sector interest....

1017. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

1018. Strongest work-from-home rights for Australians

Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....

1019. Cyprus industrial prices up 0.1% in June

In June 2023, industrial producer prices in Cyprus increased by 0.1% compared with May 2023, while decreasing by 0.4% in both the eurozone and the EU, according to estimates from Eurostat, the statistical office of the EU....

1020. Jordan and EU strengthen energy ties via Cyprus

The desire for cooperation with Cyprus on the issue of Jordan's electricity connectivity with the EU was expressed by the Jordanian Minister of Energy during his meetings with the Cypriot Minister of Energy in Amman. ...