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Employers fear deepening labour shortage

Employers fear President Nikos Christodoulides’ decision not to renew a decree that allowed them easier and faster access to asylum seekers will deepen a labour shortage already hurting hospitality. Earlier this week, President Christodoulides told the Federation of Employers and Industrialists (OEB) that the government will

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Employers fear deepening labour shortage

Employers fear President Nikos Christodoulides’ decision not to renew a decree that allowed them easier and faster access to asylum seekers will deepen a labour shortage already hurting hospitality. Earlier this week,

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Quake rattles Limassol

A 3.2 magnitude earthquake on Friday shook Limassol, but there was no structural damage or injuries, reported the Cyprus Seismological Centre. The

UN not planning to leave Ledra Palace

UN spokesperson Aleem Siddique said there are no plans to abandon Ledra Palace barracks by the peacekeeping force in Cyprus (UNFICYP). He

ICT market to be worth €850 mln by 2025

According to research, the value of the Cypriot ICT market reached €781 million in 2022, showing an annual growth of 4.7%, while the IT market (excluding telecommunications) was valued at €302 million, an annual increase of 8.4%. Spending on IT

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Obstacles to Eurobank’s Hellenic takeover

Greece’s Eurobank is reportedly preparing a strategic roadmap to takeover Hellenic Bank, the island’s second-biggest lender; however, there are obstacles as major

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Appointment of UN envoy rejected by Tatar

Turkish Cypriot leader Ersin Tatar rejected the appointment of a UN envoy for Cyprus during his meeting with the UN Secretary-General, Antonio Guterres, in New York. Tatar also rejected participating in a

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Tales from New York

This week, the government came to a standstill as attention focused on the President’s New York shuffle to get the international community

Game over for Armenia?

During the past three decades, Armenia struggled to convince the world that the ethnic enclave of Nagorno-Karabagh was an integral part of

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Greece, Saudi Arabia eye linking power grids

Greece and Saudi Arabia have agreed to set up a jointly owned company that will look at linking their power grids, taking the first step in their plan to supply Europe with cheaper green energy, the Greek energy ministry said. Greece’s Independent

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Building petrol storage terminal is key

The construction of a petroleum products storage terminal by 2025 is considered a project of exceptional importance for Cyprus’ strategic energy autonomy, said

‘Solar systems for all’ to launch

The Finance and Energy Ministries have approved a grant scheme, “Photovoltaics for all”, encouraging homeowners to install solar systems on their roofs.

Cyprus ‘ideal’ for shipping firms

Shipping Minister Marina Hadjimanolis said Cyprus is “an ideal place for companies to develop and excel” during a speech at an event in London on the sidelines of International Shipping Week. Addressing a packed Cyprus High Commission headquarters, she said

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Paralimni marina eyes 2024 opening

Paralimni is set to welcome the island’s fifth marina next summer at the northern tip of the popular Protaras holiday resort, with

Quake rattles Limassol

A 3.2 magnitude earthquake on Friday shook Limassol, but there was no structural damage or injuries,