The Centre for Innovation, Entrepreneurship and Employment (ΚΕΑ) has been set up with the aim of combating recession and unemployment in Cyprus. The centre is a collaboration between the business sector, the academic community and the public sector to find ways to deal with the effects of economic recession and the consequent crucial problems that
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The return of the sealed-off Varosha area of Famagusta to its lawful owners is expected to be one of the key elements of the negotiations on a comprehensive Cyprus settlement between both communities under UN auspices, pledged Enlargement Commissioner, Stefan Fule. Replying to Cypriot MEP Antigoni Papadopoulou on behalf of the Commission, Fule said that
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The European Commission announced today it approved the restructuring plan and restructuring aid measures for the Cyprus Cooperative Credit Institutions, paving the way for a government capital injection of €1,5 billion to cover the sector`s capital shortfall. "The European Commission has found recapitalisation and restructuring aid measures in favour of the Cooperatives Credit Institutions and
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Emirates, a global connector of people and places, is the most valuable airline brand worldwide for the third consecutive year, according to The Brand Finance Global 500 report for 2014 that was released this week. The airline, now at the 234th position in the list, is also the most valuable brand in the Middle East
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President Nicos Anastasiades is not dealing with a government reshuffle at the moment, especially after the junior coalition Democratic Party decided to break away over disagreement on dealing with the Cyprus problem, spokesman Christos Stylianides said on Monday. In a written statement Stylianides said “in regards to relevant press reports and information, the President would
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Cyprus President Nicos Anastasiades has warned that if Turkey continued to violate the offshore Exclusive Economic Zone (EEZ) by sending military vessels and unauthorised ressearch ships itno its waters, then Cyprus would withdraw from the negotiations for the solution of the Cyprus problem. In an interview with weekly newspaper “Kathimerini”, he referred to the beginning of the
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Etihad Airways’ President and CEO, James Hogan, accepted the Airline Market Leadership Award at Air Transport World magazine's 40th Annual Airline Industry Achievement Awards held in Singapore. The magazine’s Editor-in-Chief, Karen Walker, presented Hogan with the award at a Gala Presentation Dinner at the Pan Pacific Singapore Hotel. “The Air Transport World Awards stand alone
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* California more friendly, changing attitudes in New York, Canada * Ukraine to regulate bitcoin businesses * The appeal and nationwide acceptance of the bitcoin virtual currency in Cyprus is picking up momentum, in line with a worldwide trend, despite a resistance from local authorities to help regulate the new payment system. Cyprus is one
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Labour Minister Zeta Emilianides launched six new labour subsidy schemes to support employment in certain categories, by offering incentives to create 7,500 jobs or traineeships for unemployed young graduates and in the retail and tourism sectors. The plans will cost 40 mln and five will be co-financed by the European Social Fund by up to
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… but bigger chance of maintaining workforce than last year Business leaders in Cyprus are less confident about the growth prospects of their company over the next 12 months, according to the local results of PwC’s 17th Annual Global CEO Survey released Tuesday. Only 32% said in the survey they are confident that their revenues
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