Cyprus struggles to fill jobs amid booming sectors, red tape

Cyprus is facing ongoing labor shortages across critical sectors, with acute gaps in professional drivers and nursing staff threatening service quality for both residents and tourists. According to Kathimerini's Dorita Yiannakou, the transport industry …

MHA to purchase Baker Tilly’s Cyprus and Greece units for €24m – report

UK-based accountancy firm MHA has announced a significant expansion into Europe with the acquisition of Baker Tilly’s business in Cyprus and Greece for €24m ($27.2m), the Financial Times reported. The acquisition of Baker Tilly South East Europe comes …

Bank of Cyprus secures an upgrade by Moody’s

ECONOMY CYPRIOT ECONOMY Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable. BoC now holds the highest deposit rating among Greek and Cypriot banks. The US credit rating agency …

EU pressures Cyprus on green and cyber laws

Cyprus has received two reasoned opinions, the last stage before being referred to the Court of Justice of the EU, over the transposition of a directive on the application of ETS rules to the aviation sector, as well as for not transposing to its national …

A perfect weekend in Cyprus: The Commandaria Wine Route

Renowned as a nectar of the Gods, Commandaria claims the status of the oldest wine still in production, according to Guinness World Records. Furthermore, this sweet dessert wine, first perfected by the Knights of St John in 1192, is only made in 14 select …

What you get for £1.8 million in the UK and Cyprus

Itteringham Mill dates from the early 18th century and has been transformed into a bright and airy six-bedroom, six-bathroom home. There is more than 4,500 sq ft of living space across three floors including a kitchen/dining area with floor-to-ceiling …

Carmen by Barcelona Flamenco Ballet for the first time in Cyprus

The famous Barcelona Flamenco Ballet, for the first time in Cyprus, presenting the untamable myth of Carmen! The company is directed by the famous dancer and choreographer David Gutierrez, who is considered one of the most talented dancers in Spain and …

Infringements: Slovakia, Cyprus and Italy ordered to comply with green ECJ rulings

Cyprus must avoid inflexible spending, warns economic council

Trade tensions and instability pose economic risks The Cyprus Economy and Competitiveness Council on Wednesday underscored the urgent need for strict fiscal discipline and targeted strategic investments. It also warned that escalating trade tariffs and …

Cyprus welcomes Greek president in first overseas visit

A ceremonial meeting took place at the presidential palace in Nicosia on Wednesday, as Cyprus welcomed the Greek President Konstantinos Tasoulas, marking his first official trip abroad since assuming office. President Nikos Christodoulides received …