Brussels has told Cyprus to hold its horses over a fresh attempt to throw another lifeline to distressed borrowers to help them keep their homes and small businesses. Nicosia had been preparing
Average gross monthly earnings of employees increased 6.8% during the first quarter of 2022 to €2,019 from €1,891 a year ago, but women earned less pay, according to the Cyprus Statistical Service.
While the cashback programme at retail stores is gaining ground in Cyprus, kiosk owners refuse to participate in the scheme, claiming that it could endanger the viability of small businesses. So far,
Capital Intelligence is confident that Hellenic Bank is on the right path to growth and profitability, raising its outlook on the long-term foreign currency rating (LT FCR) to ‘positive’ from ‘stable’. The
Bank of Cyprus is downsizing its network by closing 15 more branches and removing ATMs, while plans foresee laying off some 500 employees as it speeds up its digital presence and reduces
Scope Ratings affirmed the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, revising the outlook from stable to positive. According to Scope’s analysis, the decision to revise
Singapore Air offers the best Business Class experience around the world, according to a study that compared offerings by different carriers. In the study, the airliner scored 9.57 out of 10 for
Cyprus is to throw another lifeline to distressed borrowers to help them keep their homes following its ESTIA scheme for toxic mortgages, which failed to cover all applicants. This time, the Finance
Hybrid/remote working has been the most discussed topic in the business world, especially in the HR space. The acceleration for a digital and wider business transformation due to COVID-19 has created the
The Cabinet has approved a bill which amends the income tax law for existing tax exemption for investments in small to medium innovation companies and extends to cover corporate investors. According to
