Auditor General Odysseas Michaelides will examine every overtime claim submitted by every employee at the Presidential Palace following a scandal involving overtime wrongly paid to deputy government spokesperson Doxa Komodromou. According to
Professional services giant Ernst and Young pledged to bolster its presence in Cyprus with jobs and investment during contacts with President Nikos Christodoulides in New York. They discussed issues related to investments
Turkey’s Central Bank cemented the country’s policy shift with a super-sized rate hike, raising its key interest rate by a lofty 500 basis points to 30%. The latest hike marks a second
President Nikos Christodoulides briefed US Deputy Secretary of State Victoria Nuland about his initiative to resume deadlocked Cyprus problem negotiations, underlining the importance of a UN envoy. The Cyprus News Agency said
The Bank of England’s recent decision to pause interest rate hikes has been met with relief, but it should go further and stop hikes altogether, warned the CEO of a leading independent
Finance Minister Makis Keravnos said the government is taking measures against rising prices and, when necessary, will intervene. He said Cyprus is obliged to start repaying a loan of €6.5 bln, which must be
Older citizens and people belonging to vulnerable groups are eligible for an updated COVID-19 vaccine and the seasonal flu jab from October 2, the Health Ministry announced on Thursday. Presenting its updated
Five Israeli tourists will remain in police custody until their trial begins next month for allegedly gang-raping a young Briton in the popular Cyprus holiday resort of Ayia Napa, a court ruled
By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not
Old Nicosia is in for a makeover, as the Interior Ministry plans to revitalise the area, including grants to boost business activity, student accommodation, town planning incentives and housing arrangements. Interior Minister
