Express pension payments on retirement

Employees retiring will no longer have to wait almost half a year before they receive their first pension from state coffers, declared the Labour Ministry on Tuesday. The ministry announced that the

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Cyprus ‘ideal’ for shipping firms

Shipping Minister Marina Hadjimanolis said Cyprus is “an ideal place for companies to develop and excel” during a speech at an event in London on the sidelines of International Shipping Week. Addressing

Cyprus warning for stormy weather

The Met Office issued an orange warning for showers and local thunderstorms throughout Monday. According to the warning, thunderstorms are expected to impact primarily the mountains and the eastern half of the

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Cyprus among 20 freest economies

Cyprus is among the top 20 countries for economic freedoms but has ground to make up, according to the Economic Freedom Report issued by The Heritage Foundation. According to the report, Cyprus

Cyprus Q2 GDP lags in Eurozone

In the second quarter of 2023, seasonally adjusted GDP increased by just 0.1% in the euro area and was stable in the EU, but in Cyprus, it decreased compared with the previous

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Jack Straw claims EU was duped by Cyprus

Former British foreign secretary Jack Straw advocates a two-state solution for ending the Cyprus problem and said the country tricked its way into joining the EU. In an article published in Politico,

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Asylum applications drop 51%

For the first time in years, Cyprus has seen a shift in migrant arrivals and departures, as asylum applications have halved over the last six months, said Interior Minister Constantinos Ioannou. During

Cyprus economy doomed without migrant workers

Amid a rising wave of attacks and anti-migrant demonstrations, authorities and businesses warn that the economy would collapse should foreign labour be eliminated. In comments to news site Stockwatch, Labour Minister Yiannis

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Cyprus to bolster military strength

Defence Minister Michalis Giorgallas said the government will continue to boost its military strength and deterrent capability as long as Cyprus remains under Turkish occupation. He addressed a swearing-in ceremony of new

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