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1921. Nearly €158,000 in fines imposed for undeclared and illegal Labor

In a series of targeted measures and inspections by the Ministry of Labour and Social Insurance and the Ministry of Interior, 204 illegal workers and 98 undeclared workers were found to be working at businesses, and as a result, administrative fines of €157,900 were issued against these companies....

1922. First Lady's assistant denied extra pay

A majority of the members of the Parliamentary Finance Committee approved the release of funds requested by the Presidency for salary payments, but the Committee unanimously rejected a separate request concerning overtime compensation for an employee temporarily assigned to the Presidency....

1923. How high is too high before tax relief kicks in?

Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....

1924. Eurobank to acquire Hellenic Financial Stability Fund stake

Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....

1925. Zero-risk politicians: The Doxa Komodromou scandal unveiled

The Doxa Komodromou scandal and the shocking revelations that have emerged present a paradox. It's not just about her remaining in her position; it's also about the complete silence that followed these disclosures within the Presidential Office. ...

1926. New level of professional coaching in Cyprus

ICF Cyprus Chapter has opened its doors in Cyprus as a chapter of the International Coaching Federation. ICF is the leading global organization of 62,000-plus professional personal and business coaches....

1927. Overtime crisis threatens stability in Cyprus

The case of Ms. Komodromou, a civil servant seconded to the presidency from the University of Cyprus, sheds light on a much larger issue that has plagued governments in the Republic of Cyprus since its inception....

1928. Presidency in prolonged crisis

The United Nations General Assembly in New York proved to be a critical test for Nikos Christodoulides during his first year in office, as well as a highly significant personal and political endeavor. On one hand, he aimed to use the platform of these meetings to communicate a positive message regarding the Cyprus problem. ...

1929. GHS welcomes Ygia Polyclinic

On Monday, September 25, 2023, the "" Polyclinic officially became part of the General Health System, offering inpatient care and a First Aid Department...

1930. Are 'green' products really green? EU takes a stand

Have you ever looked at a product that claims to be carbon neutral or environmentally friendly and wondered what the heck that means, specifically? It can be a dodgy marketing practice that induces consumers into buying something that may not be anything of the sort....

1931. From 38°C to 18°C - Weather rollercoaster ahead

In the world of weather, today's forecast promises a mix of tranquility and change. As the day begins, the skies will be predominantly clear, offering a canvas of blue above....

1932. SYPRODAT and Government join forces to end non-performing loans

Finance Minister Makis Keravnos expressed satisfaction with the progress made in divestments and the reduction of non-performing loans (NPLs) during a meeting at the Ministry of Finance with SYPRODAT President Costas Melas and Association Director Jenny Papacharalambous....

1933. Banks to prioritize elderly and disabled clients

Starting from next Monday, September 25th, bank branches in Cyprus will be introducing a new priority service policy aimed at benefiting individuals with disabilities and those aged 75 and above, as announced by the Association of Banks of Cyprus....

1934. Cyprus' 2022 workweek exceeds EU

In 2022, the usual working week for people aged 20-64 in Cyprus averaged 39.5 hours, above the EU average at 37.5 hours, according to data released by Eurostat, the statistical service of the EU, on Wednesday....

1935. Concerns rise over passive response to student brawl in high school

The recent incident involving the assault of a 12-year-old girl by two 14-year-old girls at a Nicosia secondary school has sparked significant concerns regarding our societal response to acts of violence and intimidation. ...

1936. Pseudostate promoting tourism aimed at Balkan states

In the realm of foreign tourism promotion and marketing, the pseudostate actively participated in the inaugural Istanbul Balkan Tourism Exchange Exhibition (IBTB Istanbul) from September 20 to 22....

1937. 153 government employees face overtime probe

After the issue of overtime pay arose with Deputy Government Spokesperson Doxa Komodromou, all Presidential staff will come under the scrutiny of the Audit Service, including relatives and friends of the presidential couple, as reported by Philenews. ...

1938. 43 undeclared workers uncovered in hotel raids

In July, the Ministry of Labor and Social Insurance's Inspection Service conducted targeted inspections at hotels across Cyprus, revealing 43 undeclared workers. This resulted in 20 Violation Notices and 19 Imposition of Fines, totaling €49,000....

1939. Consulco’s London Credit Fund; Existing & New Investment Opportunities

1940. Liquidity cover hits 318% in banking

Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....

1941. Ministry on high alert as fuel prices soar globally

Constantinos Karagiorgis, Director of the Consumer Protection Service at the Ministry of Commerce, Energy, and Industry, has noted a concerning and continuous rise in fuel prices on the international stage. ...

1942. K. Treppides & Co Ltd and EIMF partner up to offer complimentary studies and assured long-term employment

A unique agreement recently penned between K. Treppides & Co Ltd and the European Institute of Management and Finance (EIMF) offers full-time employment while covering all study costs associated with obtaining EIMF’s accredited Diploma in “Accounting and Financial Management”....

1943. Airlift saves 62-year-old ailing passenger in Cyprus

In a carefully coordinated operation overseen by the Larnaca Search and Rescue Coordination Center (KSΕD), a 62-year-old patient was safely transported to Paphos General Hospital on Tuesday afternoon....

1944. Meta encryption shields child abusers in shadows

Mark Zuckerberg’s plan to roll out encrypted messaging on his platforms will let child abusers “hide in the dark”, according to a government campaign urging the tech billionaire to halt the move....

1945. Electronic embassies set to transform diplomacy

To usher in digital reform within the public sector, a concrete and centralized approach is imperative. The key to this transformation lies in collaboration with the very organizations we aim to reform....

1946. Consumers revolt as rising prices trigger surge in complaints

In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...

1947. Cyprus inflation skyrockets to 3.1% in August

The annual inflation rate in Cyprus saw a rise to 3.1% in August 2023, up from 2.4% in July....

1948. Pame Express attracts 563 daily riders

Every day, the "Pame Express" service, launched on September 7th, witnesses a growing number of passengers. As reported on ANT1's "In Broad Daylight" broadcast, Andreas Nikiforou, the head of the Public Passenger Transport Directorate, revealed that yesterday, a total of 563 people utilized the "Pame Express."...

1949. EY achieves record global revenue of nearly $50 billion

EY reports record global revenue results of just under US$50b...

1950. US plane brings captives back home

The plane carrying five American citizens freed as part of a deal between the U.S. and Iran have now landed back home in the United States....