More remote working, flexitime in public sector

The government has approved the policy framework of flexible forms of employment in the public service, allowing for more remote working and flexible working hours, prompted by the recent COVID-19 pandemic experience.

Ancoria Bank offers 3% deposit rate

Ancoria Bank is increasing its interest rate to 3% for time deposit accounts for 12 months, while deposit rates in Cyprus are on the drop once again. According to the Central Bank

Five Israelis suspected of Napa gang rape

Five Israeli tourists were remanded in police custody for eight days on Monday in connection with an alleged gang rape of a young British woman in the popular holiday resort of Ayia