Monthly Archives: November 2019

CYPRUS: Minister under pressure after welfare services blamed for boy’s death

Labour Minister Zeta Emilianidou is under pressure to resign after a damning report claimed social workers were criminally negligent in the case of a teenage boy who took his life when suffering years of domestic abuse.

Emilianidou has been put …

Cyprus re-elected as Member of the IMO Council

Cyprus was re-elected on Friday as a Member of the International Maritime Organisation (IMO) Council for the 2020-2021 biennium, following a vote at the 31st IMO General Assembly, in London.

According to an announcement by the Shipping Deputy Ministry, Cyprus …

CYPRUS: Retailers see Black Friday spike as consumer groups warn of scams

Consumers lined up outside malls and electronic goods stores in the hope of a Black Friday bargain deal, while Cyprus consumer groups sounded the alarm over possible scams.

Shoppers were attracted by ad campaigns of stores promising sales of up …

EUROPE: Cyprus is third from bottom in EU for online shopping

When it comes to online shopping Cyprus is near the end of the EU queue with only 32% of Cypriots making a virtual purchase, according to a Eurostat survey.

There was an increase in the number of online shoppers in …

FINANCE: Cypriot bank deposits and loans dip in October

Total deposits and loans in the Cypriot banking system decreased in October, according to Central Bank of Cyprus data.

Total loans in October 2019 decreased by Euros 75 mln, compared with a net increase of Euros 27.6 mln in September.…

CYPRUS: Consumers queue outside stores for Black Friday deals

Consumers were lining up outside malls and electronic goods stores in the hope of a Black Friday bargain deal.

Shoppers were attracted by ad campaigns of stores promising sales of up to 70% on products ranging from supermarket items to …