https://knews.kathimerini.com.cy/en/business/as-millions-fell-into-poverty-during-the-pandemic-billionaires-wealth-soared
The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....
https://knews.kathimerini.com.cy/en/news/cyprus-grabs-a-seat-at-the-libya-conference-table
Cypriot President Nicos Anastasiades has a seat waiting for him at the Libya conference in Paris on Friday, the first time ever for the east Mediterranean island to officially state its views on the war-torn country proxied by power struggles in the region...
https://knews.kathimerini.com.cy/en/business/discussions-with-ilo-to-set-cyprus-minimum-wage-to-55-66-of-national-median
Although still being discussed, and will continue until year's end, the national minimum wage in Cyprus is likely to range from 865.1 euros to 1,038.1 euros....
https://knews.kathimerini.com.cy/en/news/one-quarter-of-the-population-on-the-verge-of-poverty
According to a statement by Cypriot Network Against Poverty, 24% of the population of Cyprus is on the verge of poverty, which means 200 citizens will soon cross the poverty line....
https://knews.kathimerini.com.cy/en/news/barbershop-wars-staged-across-district-s-lines
Police are investigating arson and hand grenade attacks over recent days with at least two incidents involving barber shops across district lines, but investigators stopped short of saying whether they believe any cases could be linked...
https://knews.kathimerini.com.cy/en/news/cyprus-wages-battle-for-air-connectivity
Two Cypriot ministers have joined forces this week to call on the EU’s Competition commissioner to allow more state subsidies for airlines amid the pandemic, citing improvements in scheme criteria but also the remoteness of the island...
https://knews.kathimerini.com.cy/en/news/wage-earner-falls-to-his-death-in-strovolos
A wage earner was killed on the job on Thursday, after he fell from a two-storey building in Nicosia while trying to fix a water tank on the roof...
https://knews.kathimerini.com.cy/en/news/cyprus-puts-national-minimum-wage-on-hold-until-full-employment
The Cyprus government will launch a social dialogue for the implementation of the national minimum wage when full employment is reached, namely when unemployment is around 5%....
https://knews.kathimerini.com.cy/en/news/support-schemes-averted-drastic-rise-in-unemployment
The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....
https://knews.kathimerini.com.cy/en/news/systems-tested-by-slaughterhouse-outbreak
A company that owns a slaughterhouse in rural Nicosia has until Monday to explain how 79 people were found working without proper authorization, following a coronavirus outbreak on the premises and days after the firm hinted that government officials were supplying asylum seekers for manual labour through backchannels...
https://knews.kathimerini.com.cy/en/news/government-okays-schemes-tackling-unemployment
The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....
https://knews.kathimerini.com.cy/en/news/nato-keeps-france-turkey-probe-under-wraps-as-tempers-flare
A NATO investigation into a naval standoff between French and Turkish ships in June has been rated too sensitive to discuss in public and does not apportion blame, as Paris and Ankara wage a war of words, diplomats have told Reuters....
https://knews.kathimerini.com.cy/en/news/farmer-refuses-to-return-worker-s-passport
A story has emerged involving alleged mistreatment of a foreign worker, after a post shared on Facebook by a local NGO pointed to an old practice by employers unlawfully retaining foreign workers’ passports for leverage...
https://knews.kathimerini.com.cy/en/news/second-worker-falls-to-his-death-in-limassol
A young labourer fell to his death from a height of 23 metres on Thursday, marking the second work-related fatality in Limassol in one day after a subcontractor died on the job earlier that morning...
https://knews.kathimerini.com.cy/en/news/man-crushed-to-death-on-limassol-job-site
A local worker was killed on the job on Tuesday when wood weighing over a ton collapsed on him at a worksite in Limassol...
https://knews.kathimerini.com.cy/en/news/north-sending-mixed-signals-over-opening-to-turkey-on-july-1
The Turkish Cypriot administration was giving off mixed signals over plans to restore connectivity with Turkey on July 1, with head of the administration Ersin Tatar stating Thursday it had decided to stick to the decision and double-check arrivals for the virus, contradicting statements made Wednesday by Kudret Ozersay, in charge of foreign affairs in the north, who said that the administration had failed to reach a final decision and was considering to re-evaluate the move....
https://knews.kathimerini.com.cy/en/news/locals-to-be-able-to-cross-through-checkpoints-from-sunday
Cyprus nationals and legal residents of the island will be able to cross through all checkpoints barring that on Ledra Street as of Sunday, but will need to present proof of a negative coronavirus test conducted up to 72 hours prior to crossing....
https://knews.kathimerini.com.cy/en/news/five-new-support-schemes-announced-as-cyprus-enters-recovery-stage
The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....
https://knews.kathimerini.com.cy/en/news/sir-stelios-wages-battle-against-board
EasyJet founder Sir Stelios Haji-Ioannou had some harsh words to say about the company’s finance director, with the Greek Cypriot billionaire renewing his call to whistleblowers to help with useful information to scrap an Airbus deal...
https://knews.kathimerini.com.cy/en/news/cyprus-records-zero-cases
No new infections of the coronavirus were announced in Cyprus on Saturday, the first time the island recorded zero confirmed cases since the start of the outbreak in early March...
https://knews.kathimerini.com.cy/en/news/‘queen-elizabeth-applies-for-state-subsidy
Labour office employees have been swamped with applications for wage subsidies due to the coronavirus pandemic, including one case under the name of “Queen Elizabeth"...
https://knews.kathimerini.com.cy/en/news/1-cabinet-approves-new-bundle-of-support-measures
The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak....
https://knews.kathimerini.com.cy/en/news/supreme-court-public-sector-pay-cuts-during-financial-crisis-constitutional
The Cyprus Supreme Court on Friday overturned earlier rulings by the Administrative Court, finding that cuts made to public sector employees’ salaries and pensions during the economic crisis of 2013 were in accordance with the Constitution....
https://knews.kathimerini.com.cy/en/news/euro-zone-ministers-look-for-economy-quick-fixes
Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....
https://knews.kathimerini.com.cy/en/news/elections-in-the-north-postponed-for-six-months
Elections in the north that were set to take place in April have been postponed for six months amid mounting chain reactions of the coronavirus outbreak, Turkish Cypriot media reported on Tuesday....
https://knews.kathimerini.com.cy/en/news/one-in-four-in-cyprus-at-risk-of-poverty
Some 200,000 persons (23.9 per cent of the Cyprus population), or one in four, are at risk of poverty, participants of a two-day discussion in Nicosia organized by Cyprus and EU-wide anti-poverty networks heard....
https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain
Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....
https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/news/revenue-from-ship-management-dips
Ship management revenues decreased in the first half of 2019 by €5 million, according to the results of the Ship Management Survey for the first half of 2019, concerning the transactions of resident ship management companies published Wednesday by the Central Bank of Cyprus...
https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
