Hellenic Bank has launched its scholarships programme, branding it “jumpstart” as it aims to financially support students from low income families wanting to study at universities in Cyprus or abroad. The scheme will support 20 undergraduate students with an annual scholarship of €2,000 for up to four years, as long as the candidate can maintain
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The Financial Mirror has embarked on a ‘rebuilding’ programme starting with the enhancement of its online presence. For that reason, we are seeking to hire an in-house coordinator, at our Nicosia offices, to promote our social media platforms. The ideal candidate will maintain and enhance a strong social media presence – Twitter, Facebook, Instagram, LinkedIn, etc. They will
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. By Charalambos Frantzis The most important matter of the 21st century is perhaps climate change, due to the significant increase in humanity’s energy consumption. Considering that the needs in energy will continue increasing significantly, the only way to limit the negative consequences on the environment, and therefore humanity, is the exploitation of every kind
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Cyprus is pushing for the abolition of a mandatory cash guarantee for foreign workers paid by their employers who are usually on low incomes and in need of care. Interior Minister Constantinos Petrides said that a bill has been sent to the Legal Service providing for the complete abolition of bank guarantees that an employer
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By Lukman Otunuga, Senior Research Analyst at FXTM Rising political risk in the United States has joined the growing list of negative themes weighing heavily on global sentiment. In a dramatic development overnight, US lawmakers have called for an impeachment inquiry against President Donald Trump. Given how this increases the prospect of heightened political uncertainty
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Over the next 10 years Cyprus aims to achieve five million tourist arrivals annually by opening new markets and upgrading its tourism product. The opening of new markets and the upgrading of the quality of the Cyprus tourist product that could boost tourist arrivals up to 5 million by 2030 There are the main targets
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Nearly 15,000 British nationals have applied for residence permits in Cyprus since the 2016 Brexit referendum. Currently a total of 32,281 residence permits for UK citizens are in force, according to figures provided to the Cyprus News Agency by the Civil Registry and Migration Department. Since 1 July 2016, 7,801 UK nationals applied for a
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Cypriots seeking a late holiday escape to London or Athens must dig deep into their pockets as airfares have shot up due to the island’s flight connectivity being stunted since Thomas Cook folded. Tickets for favourite holiday destinations such as Athens, Thessaloniki and London have increased by 60-70% say the Consumers Association. Travel agents argue
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Initial estimates Cyprus tourism could lose €188 mln in annual revenue from the 250,000 tourists brought by Thomas Cook have been revised after news the firm’s subsidiaries will continue to operate. Deputy Tourism Minister Savvas Perdios told MPs on Tuesday that according to latest developments Thomas Cook’s Scandinavian subsidiary will survive and continue operations as
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Cyprus Foreign Minister Nikos Christodoulides bumped into his Turkish counterpart Mevlut Cavusoglu in New York for a prickly encounter with a rare exchange of words, diplomatic smiles but no cordial handshake. The exchange on the Cyprus problem between the two men took place in front of journalists, on the sidelines of the UN General Assembly,
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