For both trade unions and employer organizations, discussion on the process of licensing third-country workers takes precedence for different reasons…
Greece to suspend flights at Crete airport for six days due to maintenance
Flights at the Greek airport of Heraklion on the island of Crete will be suspended for six days from Feb.…
Russian rouble slips after Navalny reported dead
The Russian rouble weakened on Friday after the federal prisons service said jailed opposition politician Alexei Navalny was dead. The…
EU Commission tries to rally support for political deal on gig workers’ rights
The European Commission is trying to rally support from EU countries to endorse a watered-down political agreement on the rights…
UK economy falls into recession, adding to Sunak’s election challenge
Britain’s economy fell into a recession in the second half of 2023, a tough backdrop for Prime Minister Rishi Sunak…
Ukraine needs $486 bln to recover, rebuild after nearly two years of war – World Bank
Rebuilding Ukraine’s economy after Russia’s invasion nearly two years ago is expected to cost $486 billion, 2.8 times its 2023…
Gaza post-war reconstruction estimated at $20 billion
Gaza will need a new “Marshall Plan” to recover from the conflict between Israel and Hamas, a U.N. trade body…
EC revises Cyprus GDP growth forecast upwards for 2024-2025
The European Commission published its Winter 2024 Economic Forecast for countries of the bloc, lowering the growth outlook for this…
Outlook for 2024: Automation tools and AI in the financial services industry
By Stefanos Mistrellides* In 2024 significant changes and transformations are expected to happen from the impact of advanced automation tools…
Explainer: European banks and their $1.5 trillion commercial property headache
European banks have about 1.4 trillion euros ($1.50 trillion) in loans to the troubled commercial property industry, amid a steep…