News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyThe new legislation will unblock and increase the pensions
The new legislation, presented by the government, will help to correct the changes made in 2012, then the measures of strict economy were adopted. It is planned to slightly increase the pensions, which were…
EconomyHellenic Bank signed an agreement with APS Holding
The third largest credit facility of Cyprus – Hellenic Bank, announced the signing of the agreement with APS…
EconomyThe Ministry of Finance has announced the surplus in the government budget
The Ministry of Finance of Cyprus announced the surplus in the budget by 65,5 million Euros. The improvement…
EconomyMichaelides demands tax investigation
The Head Auditor of Cyprus Mr. Odisseas Michaelides demands tax investigation of the individuals, who acquired licenses for…
EconomyThe biggest problem of Cypriots is unemployment
According to the Eurobarometer, which is the project of regular survey of the population, which is made under…
EconomyIsrael is ready to resume drilling at Leviathan
The drilling of Leviathan-5 is part of the common plan to develop the site on the Mediterranean shelf.…
EconomyTwo new solutions for the problem of the Larnaca port
The two new solutions to resolve the situation concerning the financing of the Larnaca port were proposed by…
EconomyResident of Nicosia won jackpot in OPAP lottery
The jackpot of 2,667,000 Euros went to its new owner in Nicosia. The lucky winner, whose identity has…
EconomyCypriots do not want to lose work places at the British bases
The trade unions of Greek- and Turkish-Cypriots, who are working at the British military bases in Cyprus are…
EconomyNew amendments concerning the trading and gambling
Due to the fact that online casinos are prohibited on the island, in the near future around 2500…
EconomyCyprus is in the 5th place in the rating of the youth unemployment
The members of the Parliamentary Labor Committee and Social Security called Cyprus the champion in the emigration of…