State payments to businesses begin
The government has started making payments to some 30,000 businesses and the self-employed as part of a state assistance scheme for direct cash grants to...
Payments
Wirecard is up for sale
Wirecard is up for sale. Wirecard’s administrator said he has received strong inbound interest for the payment firm’s assets and will shortly mandate banks for...
Coronavirus: EAC customer service offices closed, online payments only
Electricity Authority (EAC) customer service centres will remain closed to the public until April 16. According to the EAC, consumers will be served either electronically...
Nicosia reinstates SMS parking payments
NICOSIA Municipality announced Friday that from July 19 people will again be able to pay for parking by simply sending an SMS message though their...
Greece and creditors play down fears of imminent default
By Lefteris Papadimas and Jan Strupczewski Greece and its Europeans creditors on Tuesday sought to play down fears that Athens would default on a payment...
Unemployment payments down
Unemployment benefits payments fell 11.3 per cent year-on-year in the first eight months of 2014, social insurance data showed. August recorded the second biggest annual...
Payments in commercial transactions in Cyprus take up to 90 days, EU says
Payments in commercial transactions between businesses and between businesses and the public sector in crisis-hit Cyprus take from 25 to 90 days, according to an...
EAC slammed for charging interest on instalment payments
Electricity company (EAC) unions oppose a decision by the board to charge interest on customers who opted to pay overdue bills in instalments. A statement...
Poor response to offer of free electricity
By Angelos Anastasiou WITH less than two working days to Christmas, only 45 households have applied so far to have their power restored free-of-charge for...