The introduction of a national minimum wage will make lives better for 9% of the island’s workforce, as it will function as a shield for employees against exploitation, said Labour Minister Zeta Emilianidou. Addressing Cyprus Chamber of Commerce and Industry (CCCI) members, Emilianidou said a national minimum wage would benefit the market, clamping down on
More
A new era beckons for Larnaca as the town witnesses the return of cruise ships as new operators prepare to welcome the first liner in the past decade. In comments to Phileleftheros daily, CEO of Kition Ocean Holdings Panos Alexandrou said the consortium had reached an agreement for the arrival of 24 cruise ships by
More
By Lukman Otunuga, Senior Research Analyst at FXTM Asian equities remained under pressure on Tuesday as the massive sell-off across financial markets left investors bloodied and worried. Although European futures pointed to a positive day, despite the overall market caution, the lack of appetite for risk may cap upside gains. Mounting fears around rising interest
More
Building a natural gas pipeline from Israel to Cyprus could be revived if Energean’s recent gas discovery in Israeli waters proves to be as fruitful as initial estimates. In comments to the Cyprus News Agency, Charles Ellinas, a Senior Fellow at the Global Energy Centre, Atlantic Council, said the discovery by Greek oil and gas
More
Health authorities are scrapping the requirement for a Safe Pass at entertainment venues, nightclubs, and events such as weddings and christenings from May 15, following a Cabinet decision Tuesday. The Cabinet also decided to increase the number of visits allowed for patients in hospitals, from one to two a day, provided they carry a negative
More
Cyprus wants to create an east Mediterranean firefighting hub with neighbours Greece and Israel to tackle huge summer wildfires that could overwhelm any single country. Foreign Minister Ioannis Kasoulides made the proposal during a virtual meeting of the three countries’ top diplomats and US Secretary of State Antony Blinken for closer cooperation on energy, the
More
According to data released by the Ministry of Health, heart diseases and cancer are the leading causes of death in Cyprus, killing a combined 3,401 people annually. Some 28% of deaths (1,871) in 2020 were caused by cardiovascular diseases (954 men and 917 women) and 23% (1,530) from cancer (916 men and 614 women). The
More
More transmissible COVID Omicron subvariants could reach Cyprus, and the situation should be monitored, said government advisor Dr Zoi Dorothea Pana. All the Omicron sub-variants are highly contagious but less deadly than Delta or earlier variants. But the new versions do not appear to cause more severe disease than previous Omicron variants. In statements to
More
Cyprus’ newly introduced traffic camera network operators cannot clear a backlog of 45,000 fines while offenders complain of being slapped with excessive penalties. So far, the four fixed cameras at a busy junction in the capital and another four mobile cameras had recorded over 60,000 offences since 1 January when the system went live, with
More
The government is contemplating scrapping the Safe Pass requirement for all hospitality and entertainment venues, such as weddings, where it is still required. In comments to reporters Monday, Health Minister Michalis Hadjipantela said government experts would recommend abolishing the safe pass since the numbers of Covid infections and hospitalisations are decreasing daily. Speaking on the
More
