The EU Parliament and European Council have agreed on rules to set adequate minimum wages, as national law or collective agreements provide. According to the European Parliament, the new legislation will apply
Hospital outpatient departments will be operating in the afternoons after nurses’ unions agreed with the State Health Services Organisation (OKYPY) about overtime pay. Nurses joined doctors in greenlighting a compensation proposal tabled
Bank of Cyprus is downsizing its network by closing 15 more branches and removing ATMs by next month as it speeds up its digital presence. Phileleftheros daily quoted sources saying the bank
Cyprus cannot lift the growing migration burden as asylum applications exceed 11,000, said Interior Minister Nicos Nouris, who has asked for emergency help from Brussels. Cyprus has received more than 11,000 asylum
The British pound – already showing ‘emerging market’ traits – faces a difficult time ahead amid political storms in the UK, warned a leading independent financial advisor and fintech CEO. Sterling held
Tributes continue to pour in for Labour Minister Zeta Emilianidou, who died in an Athens hospital late Monday after being placed in an induced coma last month when suffering a cerebral aneurysm.
Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that proves Ankara’s “complete control” over them, President Nicos Anastasiades told CyBC TV.
Nicosia accused Turkey of distorting reality to create tensions after Ankara said Cyprus was disturbing the region’s stability with its recent war games with Israel. “We are disappointed to observe the escalation
By Edward Moya US stocks rallied Monday as improvement with China’s COVID situation, optimism that a strong labour market will help the US consumer handle the latest wave of inflation, and after
The European Insurance and Occupational Pensions Authority (EIOPA) released a special report on the possible increase in risks that climate change may cause to insurance companies. In addition to the specific findings
