The policy of the Cyprus banks to reduce the number of their branches on the island in an effort to restrain the operating cost has finally come to an end. Having already closed 1 of 6 branches, the...
The Bank of Cyprus is currently in search of better offers for its subsidiaries, Kermia and Kermia Properties & Investments after the “freezing” of the proposal submitted by an Israeli company....
09/12/2004
Despite the strong willingness on behalf of the Cyprus Association of Bank Employers for a quick settlement of the issue, the negotiations for the renewal of the union contract in the banking sector...
09/12/2004
At the meeting held on Tuesday, the Employers’ and Industrialists’ Federation (OEB) reviewed the changes in the companies after the adoption of the euro. According to an OEB announcement, the...
08/12/2004
The excessive and immoderate consumption of the Cypriot citizens has not eased “the problem of liquidity and viability” that several small-medium companies face, the House Commerce Committee said on...
07/12/2004
The dispute between the kiosks and the supermarkets has been transferred to Parliament. Despite the fact that the issue was not included in the agenda of the House Commerce Committee, the MPs seized...
07/12/2004
The future of the new revised document submitted by the Labour Ministry conciliatory service recently appears fairly gloomy, since the Cyprus Airways five trade unions do not seem to be satisfied...
07/12/2004
The arrival of the German chain stores Lidl in the Cyprus market has alarmed retail traders. It’s been several months now that the Company prepares systematically (with great secrecy) its arrival on...
07/12/2004
The Labour Ministry startled the leadership of the five trade unions on Monday, after submitting a clarification document on the government’s proposal for the viability of Cyprus Airways. This...
06/12/2004
In the past few months, dismissals have hit the private sector. After KEO and Mercedes, Laiko Kafekopteio decided to dismiss 40 employees, a phenomenon that does not seem to be periodical. Chairman...
03/12/2004