Cypriot authorities have begun extradition procedures against a detained Turkish national of Kurdish origin wanted in Germany for “terrorist activity”. Cerkez Korkmaz was arrested trying to depart Cyprus for Athens on March
An EU Commission official believes civil servants in Cyprus are handsomely paid and enjoy more job security compared to their fellows colleagues in other member states. Manfred Bergmann, head if the European
Cyprus President Nicos Anastasiades said he is ready to appeal an Administrative Court ruling that deemed cuts on civil servants pay back in 2012 unconstitutional, after some 200 public servants sued the
Following a competitive tender having obtained all required government approvals, Integrated Casino Resort Cyprus awarded the construction of City of Dreams Mediterranean Integrated Casino Resort to Avax – Terna J.V. a joint
In Cyprus the unemployment rate fell to 7.1% in February to 32,000, down from 7.3% in January 2019 and 9.4% a year ago. Cyprus also recorded the second largest annual decrease in
By Hussein Sayed, Chief Market Strategist at FXTM Investors have found fresh reasons to continue buying risk assets after a robust first quarter performance. A brighter manufacturing outlook from the world’s two
Fears of fiscal derailment grow as the cost of overtime work in the public sector reaches an all-time high since the country entered a restructuring programme as part of the bailout deal
A full-scale emergency exercise was successfully completed at Paphos International Airport, under the code name “Complete Terminal Evacuation”. Various government and non-governmental departments and services, operating in the airport, took part in
Between 2016-2017, the number of high-growth enterprises increased by more than the EU average in 16 EU Member States, the spike was highest in Cyprus (57%). However, the absolute number of high-growth
Cyprus ranks fourth among 21 countries to feel the full impact of Brexit, according to a Standard & Poor’s Brexit Sensitivity Index 2019. In the index Cyprus is behind Ireland, Luxemburg and
