‘No reason for workers to fear for jobs’

‘No reason for workers to fear for jobs’

Workers hired by Kition Ocean Holdings do not need to be concerned about the future of their employment as the government is committed to keeping the project going. The government terminated its agreement with Kition Ocean Holdings due to their failure to pay the financial guarantee. The port authority has the capability to take on the project. Workers who were fired by Kition Ocean Holdings will transition their employment to the Larnaca and Famagusta District Development Agency.

Four arrested in connection with recent car thefts

Four arrested in connection with recent car thefts

The Police arrested a 16-year-old individual in connection to ongoing car theft investigations in the Famagusta district, bringing the total number of apprehensions to four. The arrest was made to aid in the investigations, which revealed the involvement of several individuals in car theft cases in Ayia Napa between May 25th and May 30th, 2024. Another case involving the 16-year-old and an 18-year-old in Larnaca is also under investigation. Arrest warrants were issued against the 18-year-old and the 16-year-old following evidence collected by the Larnaca Police Department. The suspects appeared before the Famagusta District Court and were ordered to be detained for four days. The investigations by the Ayia Napa Police Station and the Larnaca Police Department are ongoing.

Government reaches deal with sacked Larnaca port workers

Government reaches deal with sacked Larnaca port workers

The government reached a deal with Larnaca port and marina workers who were fired by Kition Ocean Holdings. Talks lasted for four hours and the agreement ensures that the 72 dismissed workers will transition their employment to the Larnaca and Famagusta District Development Agency.

This is what we did and this is what we got from the EU Recovery Fund

This is what we did and this is what we got from the EU Recovery Fund

Cyprus has managed to promote important reforms and launch public investments through the Recovery Plan, with more than 40 sponsorship projects announced. The amount available through the sponsorship projects is €460 million. The country has received €262 million from the European fund, with additional tranches expected to be disbursed later this year.

Famagusta Police arrest eight in undocumented work raid

Famagusta Police arrest eight in undocumented work raid

A joint operation by the Alien and Migration Department and the Ministry of Labour in Famagusta district targeted a building renovation site to investigate undeclared work, social security violations, minimum wage issues, and illegal employment. Eight foreign nationals were arrested, six for working without proper documentation and two for residing in the country illegally. The employer of four individuals, a 69-year-old man, confessed to the offences. Investigations are ongoing to identify the remaining employers. The Ayia Napa Police Station is handling the investigation for the five documented cases of illegal employment.

Foreign demand drives office rates

Foreign demand drives office rates

Office rental rates in Cyprus have reached the highest levels in five years, with prices increasing by about 8.5% year-on-year in the first quarter of 2024. Limassol and Larnaca are leading the way in office rental price increases, with Nicosia showing a steady recovery. Prices for office sales have remained at 2023 levels, with increases recorded in Larnaca and Famagusta district. The demand for modern, Grade A offices is expected to continue throughout 2024, driven by both the private and public sectors.

Fire in Liopetri burns one hectare of unharvested crops

Fire in Liopetri burns one hectare of unharvested crops

A fire broke out in Liopetri, in the Famagusta district, burning one hectare of unharvested crops and wild vegetation. It took three fire trucks and five firefighters 45 minutes to extinguish the blaze. The cause of the fire is still under investigation, and arson has not been ruled out.

Napa mayor faces charges over alleged misuse of European grant

Napa mayor faces charges over alleged misuse of European grant

Fact: Ayia Napa Mayor Christos Zannettou has been accused of unlawfully securing a €765,000 European grant for a hotel renovation project in which he held a stake.