In Cyprus, all relevant services should work together more effectively to address the phenomenon of seasonal workers quitting their jobs in order to apply for asylum. Yiannakis Gavriel said This is the third time since he has chaired the commission that problems faced by growers are being discussed when it comes to finding seasonal workers, while the four ministries involved in the process offer...
Cyprus is still considered a tax haven
Today, June 20, is Tax Freedom Day: a day created to compare the tax burdens of countries. Cyprus is still faring well.
The war ravages Cyprus tourism, undermines at least 10 percent of GDP
Before the war in Ukraine, Cyprus welcomed about 800,000 tourists from Russia and Ukraine every year. Due to the ban on flights by the EU, the Cypriot travel industry, which specialized in the Russian market, is suffering.
Draconian supervision of Greek finances are over, as well as for Cyprus
Greece is almost out of the tough financial supervision of the eurozone under which the country has been for years. The ministers of the euro area (Eurogroup) agreed in Luxembourg to lift the increased supervision after 20 August. The Greek government will also receive a 748 million euro debt relief benefit for the seventh and final time.
Gas under the seabed of Cyprus: is it a blessing or a curse for the divided island?
Under the seabed in Cyprus is gas. And the government in Nicosia and the energy companies are well aware of this, especially now that Europe wants to become less dependent on Russian gas.
Let’s ask Cyprus about the proposed EU expansion
Suddenly, enlargement of the EU is again an issue. And then it’s not just about candidate Ukraine.
With all the crises, hard-hitting conflicts and internal divisions that have plagued the EU over the past 15 years, one topic was hardly discussed: enlargement.
Brexit continuation, separatism and high inflation are setting a trap for British pound
The pound had the wind in the back of a rising interest rate in the first months of this year. Although British interest rates are still rising, the focus on foreign exchange markets has shifted to the economic problems and the threat of another Brexit squabble.
Cyprus doubles the Russian oil shipment since February 24
Shipping companies in the three largest maritime nations of the European Union, Greece, Cyprus and Malta, have doubled the amount of Russian oil they carry since the invasion of Ukraine on February 24.