Category Archives: Business

General employment rate among people aged 20-64 lower than the corresponding in the EU

The general employment rate of the population aged 20-64 years has declined to a great extent as a consequence of the recent economic crisis, and as of 2013 it is lower than the corresponding rate …

Defence Minister meets with Greek and Jewish US organisations

Minister of Defence Christoforos Fokaides held a meeting on Wednesday with delegations from the American Hellenic Educational Progressive Association, the American Hellenic Institute, the Jewish organisation ?’ Nai B’ rith and the council of presidents …

CIPA unveils new strategy for 2017-2020 period

The Cyprus Investment Promotion Agency (CIPA) unveiled on Wednesday its new strategy for the 2017-2020 period, the organization’s updated brand name Invest Cyprus and presented its dynamic presence in the social media.

Addressing a working …

Beer deliveries in Cyprus reach a nine-year high

Beer deliveries from local breweries in Cyprus reached their peak since 2008, amounting to 39.4 million litres in 2017, according to data released by the Cyprus Statistical Service (Cystat).

Compared with 2016 total beer deliveries …

Defence Minister hopes Turkey will realise that tensions and threats lead nowhere

Cyprus Defence Minister Christoforos Fokaides expressed hope that Turkey will come to realise that tensions and threats lead nowhere.

We envisage to turn region of the Eastern Mediterranean in a zone of security, stability, growth …

European Commission adopts first ever EU wide plastics strategy: all plastics should be recyclable by 2030

Commission College of Commissioners agreed today to a first-ever Europe-wide strategy on plastics, as a part of the transition towards a more circular European economy. Todays pack of proposals aims at financial incentives for recycling, …