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811. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

812. Cyprus banks push for green standards with ESG certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

813. Cyprus sees an 18.2% rise in crime cases in 2022

The number of true crime cases reported to the Police rose by 18.2% in Cyprus in 2022, with the Crime Index expressed in 100,000 inhabitants rising to 584 from 501 in 2021 and 482 the year before. ...

814. U.S. unleashes over 500 new sanctions on Russia

In a bid to escalate pressure on Moscow on the second anniversary of its war in Ukraine, U.S. President Joe Biden unveiled a series of measures, including more than 500 new sanctions targeting Russia....

815. Employers face legal action if menopausal women's needs ignored

In a bid to address workplace challenges faced by menopausal women, the Equality and Human Rights Commission (EHRC) has issued guidance asserting that employers may face legal consequences if they fail to make ''reasonable adjustments.''...

816. New York youth team gifts jersey to Cyprus President

The Cypriot government's commitment to bolstering the youth football teams of the diaspora, particularly in facilitating their visits to Cyprus, was reaffirmed today by President Nikos Christodoulides. ...

817. US lander lands on moon, giant leap for humanity

In a groundbreaking achievement, the Odysseus lander, owned by Intuitive Machines, successfully landed on the moon's surface, marking the first privately owned craft to accomplish this feat....

818. Hellenic Bank posts impressive 2023 profit of €365.4 million

Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....

819. Greek government to sell its stake in Piraeus Bank, anticipates high demand

Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....

820. Who earns what? Insights into top government salaries in Cyprus

Newly released data from the Treasury of the Republic of Cyprus reveals that the highest-paid government officials in the country include the Attorney General,...

821. Upgraded cars and mobile bases for Cyprus police

With new police vehicles and Mobile Command Stations, the fleet of the Police Force is being bolstered in the immediate future. This includes 46 hatchback patrol cars and two vehicles specially configured to function as Mobile Command Stations. ...

822. Popular breakfast cereals infused with fertility-linked pesticide

In a recent study conducted by the Environmental Working Group (EWG), it has been revealed that an obscure pesticide called chlormequat, which is linked to infertility in animals,...

823. Cyprus adopts ''Pay as You Throw'' system to tackle surging municipal waste

The Statistical Service of Cyprus reveals a 5% surge in municipal solid waste, reaching 615,000 tonnes in 2022. Per capita waste generation stands at 673 kg, ranking Cyprus the 5th highest in the EU. With 77.5% disposed of in landfills, the nation is gearing up for a "Pay as You Throw" (PAYT) system....

824. Christodoulides unveils €60M relief package amid rising prices

In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...

825. Cyprus delays 15% multinational tax enforcement

Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....

826. Defected Russian pilot found dead in Spain

The Russian pilot, Maksym Kuzminov, who gained international attention for defecting to Ukraine with a Mi-8 helicopter in August, was found dead with gunshot wounds in southern Spain last week, ...

827. Cyprus adapts to changing seas

In response to European sanctions on Russian shipping companies based in Cyprus and developments in the Mediterranean and the Red Sea, Cyprus is actively seeking to attract new companies from different markets....

828. Philippines accuses China of dumping cyanide into disputed Scarborough Shoal

The Bureau of Fisheries and Aquatic Resources in the Philippines has accused Chinese fishing vessels of utilizing cyanide to harm the Scarborough Shoal, a contested atoll in the South China Sea, according to a report in Business Insider....

829. First Irish-born actor Murphy won Best Actor at BAFTA

Cillian Murphy made history at the BAFTA Film Awards held in London as he clinched the coveted title of Best Actor for his outstanding performance in ''Oppenheimer.''...

830. Flavors of Life: Culinary journey to battle childhood cancer

Reserve your spots for the Culinary Journey ‘Flavors of Life’ and enjoy an unforgettable culinary event while actively supporting the fight against childhood cancer!...

831. Ultrasound sparks sperm speed boost for IVF success

A recent study conducted by researchers from Monash University in Melbourne suggests that sluggish sperm could be encouraged to swim faster......

832. Lawmakers debate landmark same-sex marriage bill

In an ironic twist, Greek lawmakers began a heated debate on Valentine's Day over a landmark bill proposing the legalization of same-sex marriage. If approved, Greece would become the first Orthodox Christian country to legalize such unions....

833. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

834. Cyprus takes the helm in pioneering anchored ship electricity revolution

In a pioneering initiative set to transform offshore electricity for anchored ships, Cyprus is taking a leading role in the European BlueBARGE project. ...

835. Lebanon rejects immediate return of migrants from Cyprus

836. Christodoulides faces declining ratings amid citizen discontent

Marina Economidou, Director of 'Kathimerini,' has commented on the recent poll results indicating a decline in the ratings of President Nikos Christodoulides. ...

837. Why do employees say 'no' to promotions? Insights from a global study

A significant question arises in modern workplaces: why would an employee decline a promotion when they are entirely content with their current role?...

838. Politico: Doubts arise over Putin's statements in Tucker Carlson interview

According to a report in Politico, there are doubts about the credibility of Russian President Vladimir Putin's recent interview with Tucker Carlson....

839. Turkish Cypriot lawyer released on bail pending trial

Akan Kürşat, a Turkish Cypriot lawyer extradited by Italian authorities on charges of usurping Greek Cypriot property in the occupied territories, has been released on conditions pending his case hearing on February 29 at 10:30 am....

840. Christodoulides and Egypt's FM Shoukry discuss common challenges

President Nikos Christodoulides and Egypt’s Foreign Affairs Minister Sameh Shoukry have discussed close coordination on facing common issues, the Egyptian FM’s spokesperson said on Thursday....