Search

121. Cyprus fires back at Eurostat report

The Cypriot Fire Department took issue with a Eurostat report this week that said the Republic of Cyprus in 2021 had the second highest share of firefighters on payroll...

122. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

123. Employee influence grows: 43% set to quit jobs for better pay, career opportunities and flexibility

Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...

124. The 'Great Resignation' is set to continue worldwide as pressure on pay mounts

The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months. ...

125. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

126. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

127. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

128. Op-ed: Inflation welcomes 'Generation Z'

Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....

129. Overcoming talent crunch and supply chain upheaval among biggest success indicators for tech in 2022

Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....

130. 25% of Cypriot police officers are women

Cyprus is one of the top countries, among other European countries, with the highest number of females in the police force, as 25% of them are women, Assistant Head of Crime Combat Unit and member of the Police Gender equality committee, Kyriaki Lambrianidou, said....

131. Europe's banks reveal billions worth of Russia risk as sanctions bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

132. Cypriot town invites Greeks of Ukraine to relocate

A Cypriot mayor has issued an open invitation to Ukrainians of Greek descent to settle in his town under a new master plan, saying better educated and more civilized newcomers would assimilate easier than other refugee groups on the island...

133. 'Welcome back!': Australia opens its borders two years later (images)

Australia today completely opened its external borders to travelers who have been vaccinated against the coronavirus after being shut down for almost two years due to the pandemic, with tourists returning to the country and hundreds of people reuniting with relatives and friends....

134. Op-ed: A new strategy for immigration

The new strategy will combine the peculiarities of the Greek economy with the inviolable request to combat illegal immigration, by multiplying Greece’s cooperation with third countries...

135. 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....

136. Coronavirus: Danish scientists see the end of the pandemic in 2 months

The pandemic will end in two months, according to the head of the Danish State Epidemiological Serum Institute, Dr. Tira Grove Krause....

137. A record 4.5 million Americans quit their jobs in November

A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics. This pushed the quits rate to 3%, matching the high from September....

138. 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....

139. Mandatory vaccination of NHS workers in England from spring

The British government is expected to announce later in the day that front-line staff of the NHS National Health Service in England will be required to have been vaccinated against coronavirus by April....

140. New measures to attract new businesses and property purchases

The day before yesterday, YPOIK announced a new support package aimed at attracting foreign companies to operate in Cyprus....

141. Confession app highlights how AI could render white collar jobs obsolete

Technology is an integral part of the daily life of many people, both personally and professionally....

142. Cargo imports into Dubai airport to be restricted from Tuesday

Dubai will restrict imports of cargo into its international airport for six days from Tuesday to clear a backlog caused by “extraordinarily high” volumes of inbound shipments....

143. Robots give Greece’s postal service speed boost

There’s a new addition to Greece’s postal service: a fleet of yellow robots sorting through the mail....

144. EY presents the 17th CFO Management Forum and the CFO Awards 2021

EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....

145. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

146. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

147. 2021 KPMG CEO Outlook Pulse Survey

148. 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....

149. COVID-19 is adding new impetus to finance transformation

150. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...