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1021. Tax alert: Cyprus

1022. Clocks move forward this weekend

Daylight Saving Time went into effect on Sunday in Cyprus as public opinion around the world still remains divided on whether there is value in switching back and forth...

1023. New decree enforces ban on car sales, exempts certain groups from movement ban

1024. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

1025. Government considering to give banks €2b in state guarantees to unlock credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

1026. PwC: We support our people, clients and the society

1027. Health Minister: better safe than sorry

The top priority at the moment is to ensure the health of each person individually and of the public as a whole, Health Minister Constantinos Ioannou said on Friday, stressing that “I prefer to take painful decisions, even if they prove excessive in the end, rather than to remain unprotected.”...

1028. State suspends foreclosures for 3 months, requests 10% reduction in electricity fees

The government on Wednesday agreed to request from the Cyprus energy regulatory authority a 10% cut on electricity usage charges for a period of three months, in view of providing some breathing space as the island traverses the Covid-19 health crisis....

1029. Elections in the north postponed for six months

Elections in the north that were set to take place in April have been postponed for six months amid mounting chain reactions of the coronavirus outbreak, Turkish Cypriot media reported on Tuesday....

1030. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

1031. Cooker seen behind deadly blaze at Moria camp

Firefighters on the eastern Aegean island of Lesvos are investigating the cause of a blaze that broke out on Monday afternoon at the Moria refugee and migrant camp, killing a child before it was brought under control. Authorities said the child was a girl aged between 6 and 7...

1032. Flights booked solid before 6pm deadline

Daytime flights from Athens to the Republic of Cyprus were sold out on Monday after the government said new arrivals on evening flights after 6pm would not be allowed into the country without a valid health certificate...

1033. Cypriots hunker down to beat virus

Cyprus is going all out to beat the coronavirus after restrictive measures taken gradually north and south against the pandemic proved to be no match for the spread of the infectious disease...

1034. President: Partial lockdown of airports, schools to remain closed until April 10

President Nicos Anastasiades addressed the nation on Friday night after the week saw cumulative confirmations of coronavirus cases across the divide....

1035. Additional COVID-19 protection measures announced in the north

Turkish Cypriot ministers agreed on several additional coronavirus protection measures on Friday during their third emergency session on the unfolding pandemic....

1036. Cyprus scrambles as WHO declares pandemic

The World Health Organization has classified the COVID-19 outbreak as a pandemic, calling for “urgent and aggressive action” after the coronavirus spread in 114 including Cyprus and Turkey while Greece reported its first fatality...

1037. Travel agents issue SOS as cancellations mount

Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....

1038. The north in turmoil after first coronavirus case

The north was hurled into turmoil on Tuesday after confirming its first coronavirus case, with authorities in the north moving to place hotels in lockdown, health services placing tens of persons in isolation, and the ‘government’ shutting primary and secondary schools until March 16, with universities in the north being the next possible target of intervention....

1039. Education Ministry cancels all school trips abroad

The Ministry of Education announced on Friday it will be cancelling all school trips abroad scheduled during March and April....

1040. Ledra protester says officer attacked him

A peace activist, who took part in the protest at the Ledra checkpoint last Saturday, says he was the victim of an unprovoked attack by an officer in uniform and that police are trying to build a case against him...

1041. Checkpoint closures to be extended until Monday

The closure of four crossing points last Saturday, in what the Government said would be a one-week temporary precaution against coronavirus outbreak, will be extended until Monday, the National Council agreed on Thursday....

1042. Two more charged in Ledra protest

Two more people were detained for questioning in connection with the Ledra protest last week, with police seeking out more individuals...

1043. Hydrocarbon exploration in Cyprus EEZ on track, minister says

A French-Italian consortium between oil giants Total and ENI will start drilling in Block 6 of Cyprus’ exclusive economic zone on schedule in April despite an “escalation” in tension from Turkey, Cypriot Energy Minister Giorgos Lakkotrypis has said....

1044. Findings of probe into police mishandling of serial killer's victims delivered to Attorney-General

Findings of an independent investigation into police mishandling of reports of missing persons which later emerged as victims of the island’s first serial killer, Nicos Metaxas, were delivered to the Attorney-General on Thursday, though their publication is illegal, the lead investigator said....

1045. Defendant gets 15 years in Strovolos murders

The last of four defendants in the Strovolos double murder trial was sentenced to fifteen years in prison, as the case drew to a close on Thursday after a lengthy and complicated criminal trial that shocked public opinion...

1046. Jiu Jitsu director prepares for next Hollywood film shoot to begin in April

After the successful production of the Kung Fu film ‘Jiu Jitsu’ in Cyprus last summer starring Nicholas Cage, the island will by the end of April be hosting the Dimitris Logothetis’ new film, ‘Man of War’....

1047. European Commission to stamp out illegal pet trade

The European Commission will boost efforts to stamp out the illegal trade in pets, particularly cats and dogs, in the EU, the Commissioner for Health and Food Safety, Stella Kyriakides said....

1048. Marios asks for leniency in Strovolos murders

The lawyer of Marios Hadjixenofondos, the last of four defendants in the Strovolos double murder trial, has asked the criminal court to show “maximum leniency” saying his client was also a victim in the case...

1049. Cavusoglu slams Akinci after comment that Turkey-north annexation would be 'horrible'

“I’ve never worked with a more unreliable politician,” the Turkish Foreign Minister Melvut Cavusoglu said on Monday, referring to the Turkish Cypriot leader Mustafa Akinci in response to an interview where Akinci said the prospect of Crimea-style annexation with Turkey was “horrible”....

1050. Limassol’s trade enabler gets new CEO

The appointment of a new CEO at DP World Limassol is expected to give the company a new impetus, after a year of investing and upgrading infrastructure and equipment...