EU guidelines seek to end bank rewards for failure

Bankers' bonuses should reflect a company's performance over time and severance pay must not reward failure, according to non-binding draft guidelines drawn up by the European Union's executive body. The European Commission

CyprusAid and EuropeAid to organise presentation

CyprusAid and the European Commission Representation in Cyprus are organising a presentation titled ''CyprusAid, EuropeAid: Development Cooperation in Action'', on the occasion of the fifth anniversary of the accession of the Republic

Tory Europe spokesman meets Christofias in Cyprus

The Conservative Party's Shadow Minister for Europe, Mark Francois MP, was on a three-day working visit to Cyprus, during which he met President Demetris Christofias and other leading politicians, to assess progress

Cyprus rent hike limit lowered to 8%

The cap on rent increases has been lowered from 14% every two years to 8%, according to a recent Council of Ministers decision. The last date for landlords to impose a 14%

Consuls hold meeting in Cyprus

The executive committee of the World Federation of Consuls (FICAC) will hold its next meeting in Cyprus on April 24-27, following the invitation from Cyprus committee member, Costakis Lefkaritis. The meeting, to