CLOSE
Loading...
12° Nicosia,
07 October, 2024
 

News Stream

Cyprus to impose minimum 15% tax on multinational corporations

Cyprus to impose minimum 15% tax on multinational corporations

Cyprus Ministry of Finance said on Friday it will introduce a 15% minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover of at least €750 million while examining ways to mitigate any possible adverse impact on the Cypriot economy....

Amsterdam launches 'Stay Away' campaign to discourage types of tourism

Amsterdam launches 'Stay Away' campaign to discourage types of tourism

Authorities in the Netherlands have decided to introduce in Amsterdam a new campaign called “Stay Away”, in order to discourage specific kinds of tourism....

Cyprus Airways flights up 406% in November compared to last year

Cyprus Airways flights up 406% in November compared to last year

Cyprus Airways announced today that a 406% increase was recorded in flights last November, compared to the corresponding month in 2021....

What did Cypriot consumers purchase in 2022?

What did Cypriot consumers purchase in 2022?

Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...

Finance Ministry: 'Cyprus economy will not enter a recession'

Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

The fall

The fall

The tale of Eva Kaili is a metaphor for the glitzy, quick ascent to power in politics and the ultimate fall from grace brought on by dishonesty. After all, a corrupt politician is one who has been bribed by the state or a private individual....

Cyprus UN-certified for earthquake assistance to countries

Cyprus UN-certified for earthquake assistance to countries

Cyprus Civil Defence is the fourth in the world to earn the INSARAG Light Usar Team certification for assistance to other states after an earthquake from the United Nations Office for the Coordination of Humanitarian Affairs...

White House dazed over emails about Cypriot gas company

White House dazed over emails about Cypriot gas company

US President Joe Biden is expected to say whether he would challenge a decision by National Archives to release documents concerning his son’s role in a controversial gas company in Cyprus and allegations that business dealings may have improperly influenced American policy...

Magical Messi hoists World Cup after final for the ages

Magical Messi hoists World Cup after final for the ages

As fireworks exploded and some 80,000 people roared, Lionel Messi smiled. His Argentina soccer shirt covered by the bisht the Emir of Qatar had just draped him in – the cape reserved for top officials and sheikhs. He smiled, he paused, then he hoisted high the World Cup, a lifetime’s dream realised...

Holy alliances begin after Orthodox Cypriots pick top three

Holy alliances begin after Orthodox Cypriots pick top three

The top three candidates for the archbishopric throne in Cyprus emerged after a popular vote on Sunday, with the Holy Synod now taking center stage as it prepares to pick the winner before the year is out...

The week that shook Brussels saw a police stakeout, piles of cash, and reform promises

The week that shook Brussels saw a police stakeout, piles of cash, and reform promises

The police had been waiting since dawn. Officers from the special unit of Belgium’s federal police gathered on Rue Wiertz, close to the European Parliament in Brussels. ...

Andreas Polemitis has died at the age of 80

Andreas Polemitis has died at the age of 80

The academic world is saddened tonight over the death of Dr. Andreas Polemitis who died after a four-week battle with COVID. ...

EU Parliament halts work on Qatar-related cases

EU Parliament halts work on Qatar-related cases

The European Union’s parliament voted Thursday to suspend work on all files involving Qatar, and called for security passes for representatives of the Gulf country’s interests to be withdrawn until light can be shed on a corruption scandal rocking the assembly....

The Pope sends Parthenon pieces back to Greece (images)

The Pope sends Parthenon pieces back to Greece (images)

As a 'testimony and sign of the desire to continue the ecumenical path of truth,' Pope Francis has decided to donate Parthenon fragments that were previously housed in Vatican museums....

Turkish 'Master Chef' filmed in Varosha

Turkish 'Master Chef' filmed in Varosha

The Turkish reality show MasterChef, which is nearing its conclusion, was filmed in Varosha's enclosed area....

US donates lunar rock to Cyprus

US donates lunar rock to Cyprus

Today the United States donated a lunar sample, mounted on a commemorative plaque, to the people of Cyprus. The sample was collected in December 1972 during the Apollo 17 mission to the Moon....

French players struck down by camel virus ahead of final

French players struck down by camel virus ahead of final

France center-backs Raphael Varane and Ibrahima Konate are battling sickness bugs ahead of Sunday's World Cup final against Argentina, according to reports....

EC bids farewell to President Anastasiades

EC bids farewell to President Anastasiades

The leaders of the European Council bid farewell to President Anastasiades as well as Irish Taoiseach (Prime minister) Micheál Martin with a gift that is traditionally given to departing leaders, during yesterday evening's summit in Brussels....

Nikos Christodoulides announces his proposals on the Cyprus issue

Nikos Christodoulides announces his proposals on the Cyprus issue

Nikos Christodoulides, an independent candidate for the presidency of the Republic, has published his positions on the Cyprus problem under the title "For a United Cyprus" today. ...

All is in order for the Archdiocese elections this Sunday (images)

All is in order for the Archdiocese elections this Sunday (images)

The ballot boxes were delivered to the polling station's presiding officers on Friday morning, ahead of the Archbishop's elections on Sunday....

Cyprus 7th in the EU in generating waste

Cyprus 7th in the EU in generating waste

The total amount of municipal solid waste generated in Cyprus in 2021 stood at 570 thousand tonnes compared to 543 thousand tonnes in 2020, recording an increase of 5%....

Calculating tax revenue for the passport program is challenging

Calculating tax revenue for the passport program is challenging

It is impossible to estimate and link the amount of government revenue from the CIP to the individuals covered by it....

Ministry clarifies objection to children’s play

Ministry clarifies objection to children’s play

Cypriot education officials say a play that had to be revised due to the young age of school children in the audience was in fact dealing with gender reassignment, not attraction to the same sex...

Cyprus and USA go to the rescue

Cyprus and USA go to the rescue

A joint Search and Rescue Exercise titled CYPUSA 01/22 was conducted on Thursday within the Search and Rescue Region of the Republic of Cyprus, with the participation of SAR Units and Personnel from the Republic of Cyprus and USA...

Students most frequent internet users in Cyprus

Students most frequent internet users in Cyprus

Students are the group most frequently connected to the internet (99%), according to the results of the 2022 household information and communication technology usage survey, published by the Statistical Service on Thursday...

Missing link in Qatargate broached in Cyprus

Missing link in Qatargate broached in Cyprus

A lawmaker and transparency advocate in Cyprus is calling on a Cypriot MEP to clarify earlier comments about his Greek colleague Eva Kaili, who remains in custody in connection with a corruption probe in the European parliament...

ECB raises interest rates by 0.5%

ECB raises interest rates by 0.5%

Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....

Rot

Rot

The sense of malaise often generates political surprises. And it always plays into the hands of the enemies of democracy....

Unemployment rises to 6.8% in third quarter of 2022

Unemployment rises to 6.8% in third quarter of 2022

Unemployment in Cyprus in the third quarter of 2022 rose to 6.8% of the total workforce, compared with 6.6% in the respective period of last year, according to the Labour Force Survey, published by the Statistical Service of Cyprus (Cystat) on Thursday....

X