FBME staff reach deal on payment of wages and benefits
Workers at FBME bank and a special administrator overseeing the shuttering of the embattled lender have come to an agreement regarding the payment of salaries...
benefits
Army service cut means ‘short-term cost, long-term benefits’
By George Psyllides A cut in mandatory military service accompanied by recruitment of professional soldiers would have an immediate cost, Finance Minister Harris Georgiades said...
Facebook puts a price on suburban living for employees
By Olivia Oran and Sarah McBride FACEBOOK Inc is offering employees at its Silicon Valley headquarters at least $10,000 to move closer to the office,...
We must not underestimate the economic benefits of a solution
By Erol Riza Over the centuries, Cyprus’ location has meant that it was of strategic importance for powers that wanted to have a major influence...
Civil servants ready to gorge themselves again
By Loucas Charalambous THE STATEMENT made by Finance Minister Harris Georgiades on May 29 when he addressed the conference of the OEKDY union (representing government,...
Man arrested after rampage through welfare office
By Constantinos Psillides A 45-year-old man trashed the Welfare Service Offices in Limassol on Thursday after he was told he was no longer eligible for...
Man rampages through welfare office after benefits cut
By Constantinos Psillides A 40-year-old man trashed the Welfare Services Offices in Limassol on Thursday after he was told he was no longer eligible for...
Cameron mulls benefits cuts for the overweight
Britain might reduce welfare benefits for people who refuse treatment for obesity or drug and alcohol problems, Prime Minister David Cameron said on Saturday. He said that if his Conservative...
Extra help for pensioners who fell short for GMI
By Constantinos Psillides Elderly people who fall just short of qualifying for the Guaranteed Minimum Income (GMI) but fit all other relevant criteria will receive...
Benefit abuse is widespread, some paid even after death
By Angelos Anastasiou INSTANCES of welfare recipients who own blocks of flats and hundreds of thousands of euros in deposits, and others who continued to...
