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
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
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
In the coming months, Cyprus Defence Minister Charalambos Petrides expects to seal key agreements and cooperation programmes with the US. He said the core of the Defence Ministry’s policy is the promotion
Greek firm Energean’s floating gas production rig has arrived in Israel, mooring near the Karish gas field, with Lebanon warning against any activity in disputed waters. Following the crossing of the Suez
Cyprus needs European solidarity to face the burden of migration, Interior Minister Nicos Nouris said after the MED5 meeting in Venice. Cyprus is among five European Union nations on the Mediterranean, demanding
By Jeffrey Halley Wall Street had another schizophrenic day on Friday as May US Non-Farm Payrolls outperformed, rising by 390,000 jobs, slightly less than April, but well above market forecasts of 325,000.
The war in Ukraine has disrupted decades of peace and stability in Europe, threatening years of economic and social progress in the region. Russia benefited enormously from the cooperation with its European
