Banks are lifeless institutions in concrete buildings. What determines ‘bank policy’ is the management of a bank, not its chairs, desks, walls or ATMs. A necessary clarification is required to explain why
The idea for an individual or couple renting a home for their retirement and seeking facilities of a regular home, including a maid, visiting doctors (on-call), a car with a driver, is
Cyprus Met Office issued a yellow alert for heavy rainfall and storms until New Year’s Eve. The alert was effective at 5.00 am on Thursday until 4 pm on Friday, New Year’s
A decision by Cyprus’ two largest lenders, Bank of Cyprus and Hellenic, to impose new charges has sparked a customer backlash, as it is the second time in two years, they made
Cyprus will introduce a national minimum wage next year, as social partners are set to agree on the monthly income for workers that could be closer to €1,000 a month. According to
Cyprus bank deposits in November increased 5.8% annually while loans decreased, according to Central Bank data. According to the data, total deposits in November recorded a net increase of €480.8 mln, compared
In collaboration with the Cyprus Pediatric Society, the Health Ministry will start vaccinating children aged 5-11 from 2 January at the vaccination centres. A Health Ministry statement said the decision was taken
In Cyprus, 17% of businesses sold online (at least 1% of total turnover), just a little under the EU average of 22%. This percentage increased by 2 percentage points from 2019. In
Most Turkish Cypriots support the transition to the euro, as they are crushed under a tumbling Turkish Lira, with their earnings diminishing while inflation spirals. According to an opinion poll conducted by
During the pandemic, Cyprus was among the top countries in the EU with the largest reduction in both primary and final energy consumption, according to Eurostat. Compared with the 2017-2019 average, primary
