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61. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

62. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

63. Germany eases entry rules for qualified young Indians

Nationals of India will soon be subject to less strict rules when reaching Germany for professional, study, and work purposes as the two countries have signed the German-Indian Migration Agreement....

64. Germany needs 400,000 employees annually to cover labor demands

Due to Germany’s aging population which results in a lack of qualified workers, the country’s labor market is at risk, with authorities left to count on target migration as a solution for the situation. ...

65. Germany eases rules for internationals to obtain citizenship

The federal government of Germany has unfolded its plans to introduce new changes to its immigration law, among others, to make it easier for internationals to obtain citizenship....

66. Post-Brexit UK streamlines EU student visas

Brexit, the legal action initiated by the United Kingdom to leave the European Union, did have an impact on every field, including education....

67. Permits granted for 7,000 highly skilled workers from 3rd countries

The policy of granting tax incentives to foreign technology companies is yielding results, Invest Cyprus Investment Promotion Agency Chairman Evgenios Evgeniou said, stressing that 7,000 work permits have been approved this year for highly skilled individuals who chose to work in Cyprus....

68. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

69. Germany to revise immigrant laws to allow more skilled migrant workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

70. Company ordered to pay fines after miner’s death

A judge in Paphos has ordered a mining company to pay a fine to the Labor office for a series of violations that led to the death of a Syrian worker after a pit collapsed during excavations...

71. Poland, Spain & Italy are a favorite for working migrants

The median age in the 27 European Union countries is projected to mark an increase of 4.5 years between 2019 and 2050 to reach 48.2 years....

72. EU states facilitating employment of third country nationals to ease labor shortage

The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....

73. More vocational courses to be offered in the fall

Minister of Education, Sport and Youth, Prodromos Prodromou, stated that higher vocational education and training in Cyprus are being upgraded with new and modern building facilities in Limassol that will be ready this autumn with more specialized program options....

74. Porsche presents the exclusive Taycan GTS Hockenheimring Edition

To mark the 90th anniversary of the Hockenheimring, Porsche presents the first special edition based on its electric sports car: the Porsche Taycan GTS Hockenheimring Edition. ...

75. After two years of closed borders, Australia welcomes the world back

Australia said on Monday it will reopen its borders to vaccinated travelers this month, ending two years of misery for the tourism sector, reviving migration and injecting billions of dollars into the world No. 13 economy....

76. Germany wants to attract 400,000 skilled workers from abroad each year

Germany's new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus pandemic....

77. Greek labor market needs skilled workers

The local labor market will operate under new conditions in 2022, as the last couple of years has already seen the imposition of changes due to the pandemic....

78. EU parliament demands new rules to support legal labor migration

Proposals to ease legal labour migration to Europe are needed by the end of January 2022, to overcome the challenge of an ageing population and of skills shortages, according to a press release sent by the European Parliament office....

79. School of tourism and hospitality management breaking ground in Paphos

The Mayor of Paphos, Phaedon Phaedonos, signed an agreement yesterday with TEPAK (The Cyprus University of Technology) for the establishment of a School of Tourism Management, Hospitality and Entrepreneurship....

80. Cyprus frets ‘pandoramonium’ overshadowing good work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

81. Cyprus wants clean slate in naturalizations

The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...

82. Labor exploitation case filed in Nicosia court

A man in rural Nicosia, who was arrested in early June on charges related to human trafficking and labor exploitation, was one of 229 suspects detained all over Europe during an operation coordinated by Europol...

83. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

84. Over half of EMEA private businesses expect revenue to decline

85. European students in US breathe sigh of relief

Foreign students coming from Europe are exempt from a travel ban the United States imposed because of the coronavirus pandemic, the State Department told congressional offices on Thursday...

86. EU to ease virus travel bans from July 1, but not to all

The European Union on Thursday announced plans to ease a ban on nonessential travel to the continent, with foreign students, non-EU nationals who normally live in Europe and certain highly skilled workers likely to be exempt from the coronavirus restrictions from July 1....

87. Police on the stand in serial killer probe

The top legal advisor in the Republic of Cyprus has recommended that criminal charges be included in the prosecution against a number of police officers involved in a suspected mishandling of missing women complaints in the Orestis serial killer case...

88. New Brexit immigration system to favour high-skilled workers

Britain will prioritize access for high-skilled workers from around the world in its post-Brexit points-based immigration system, the government said on Tuesday, setting out its plans to put an end to a reliance on “cheap labor from Europe”....

89. More work needed in serial killer probe

More statements described as “necessary” and some changes are being sought in the serial killer probe, which has identified so far two dozen officers for failing to do their job in handling cases of missing women and children who were later found murdered in Cyprus...

90. Officers named in serial killer probe

An independent probe into police handling of missing complaints in the serial killer case has been completed, with investigators naming some 20 officers for failing to do their job...