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Cyprus News Gazette

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Month: November 2019

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

November 30, 2019 cnadmin Governance

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 under t…

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Cyprus re-elected as Member of the IMO Council

November 30, 2019 cnadmin Governance

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, …

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

November 30, 2019 cnadmin Market

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 to 70% o…

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

November 29, 2019 cnadmin Market

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 the EU as 60% of people, aged between …

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FINANCE: Cypriot bank deposits and loans dip in October

November 29, 2019 cnadmin Market

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.However, the annual…

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CYPRUS: Consumers queue outside stores for Black Friday deals

November 29, 2019 cnadmin Market

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 TVs and high-tech…

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