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Announcement Appointment of Principal in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who…

New employment rules for asylum seekers could lead to more labour market burdens

The previous government has introduced amendments to the regulations concerning employment of political asylum seekers in Cyprus but this is…

Credit Suisse secures $54 billion lifeline as authorities rush to prevent global bank crisis

Credit Suisse CSGN.S on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence…

Wall Street down as Credit Suisse sparks fresh bank selloff

U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit…

KEDIPES to offer interest subsidy for restructured credit facilities

KEDIPES on Tuesday announced it is moving forward with an interest subsidy for restructured credit facilities of customers that have…

UK abolishes tax threshold on pension allowance to encourage people to work longer

British finance minister Jeremy Hunt on Wednesday said he would abolish the tax thresholds high earners face when they invest…

UK overhauls childcare, pensions and welfare to get people working more

British finance minister Jeremy Hunt on Wednesday expanded access to childcare and announced an overhaul of the welfare system under…

Cyprus recorded highest increase in consumer prices index in E.U.

Cyprus observed a 19.4% increase in the harmonised index of consumer prices (HICP) in 2022 – the highest increase among…

Flights to and from Cyprus to be affected by Greek general strike

Around 3,000 passengers travelling to and from Cyprus will be affected by a general strike in Greece over the deadly…

New €6 million LIDL supermarket in Ayios Dometios in the works

The Department of Environment greenlighted the construction of a LIDL supermarket in Ayios Dometios, Nicosia. The project worth 6 million…

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