Search

751. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

752. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

753. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

754. Jewel readies trial cruise from Cyprus

The Jewel of the Seas is setting anchor in deep waters on Thursday just off Limassol, as the cruise ship prepares for an ultimate summer getaway from Cyprus for the first time ever...

755. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

756. Cyprus to give Greek ferry link another go

The Republic of Cyprus will make a new attempt to establish a maritime connection between the island and Greece, with officials saying amended plans tailored to seasonal schedules have been approved by the EU...

757. Volunteerism czar resigns over 'fake resume'

The Cypriot volunteerism commissioner has resigned his position following allegations that he manipulated high school grades on his report card and included a fake college degree on his resume...

758. Greek on ‘highjacked’ plane draws attention

Many questions remained unanswered in the aftermath of the forced landing of a Ryanair flight in Belarus, including the identity of five passengers that got off at Minsk and a report saying one of them was a Greek national...

759. Advisory Services to the Cyprus Cancer Research Institute

KPMG in Cyprus will offer pro-bono Advisory Services to the Cyprus Cancer Research Institute (CCRI). Based on the partnership, the scope of services relates to the overall design of the Institute’s operational processes...

760. West furious over Belarus ‘hijacking’ plane

A passenger plane flying from Athens to Lithuania was diverted to Belarus on Sunday, with reports suggesting secret foreign agents in the Greek capital took part in a plot described as a 'state hijacking' by Minsk to arrest a political dissident on board...

761. Vaxxed woman in serious condition in Cyprus

A woman in Cyprus was hospitalized this week with a rare case of a clotting event following her vaccination against COVID-19, with local media criticizing state authorities over lack of information...

762. Women and children allowed off refugee boat

Close to a hundred Syrian refugees were spotted on board a vessel on Wednesday off Cyprus’ Cape Greco, with reports saying half of them were women and children while coast guard officials ordered the men to remain on the boat...

763. Shipping Industry Cyprus - B2B Meetings with German Companies

764. Odyssey leaves Cyprus after Haifa cancelation

Odyssey of the Seas sailed away from Cyprus on Tuesday after Royal Caribbean pulled the plug on operations out of Haifa, but Cypriot officials remain upbeat over cruise ships seeking a friendly port in Limassol...

765. Cyprus turns refugee boat back to Lebanon

Dozens of refugees who were on board a vessel spotted off Cyprus on Sunday returned to their point of departure in Lebanon, contradicting earlier reports that the boat had been escorted to Cape Greco...

766. France praises Cypriot hospitality towards CDG

French Ambassador Salina Grenet-Catalano had nothing but praises for the level of hospitality offered by Cypriot authorities to the crew of the French aircraft carrier Charles de Gaulle that sailed in the port of Limassol...

767. Minister defends laxer policy for tourists

Cypriot Deputy Tourism Minister Savvas Perdios says CyprusFlightPass is a sufficient tool for monitoring foreign travelers during their visit on the island, dismissing criticism that locals are having a harder time securing a CoronaPass to enjoy fewer restrictions...

768. Hanoi airlifts Vietnamese citizens off Cyprus

Close to 200 Vietnamese nationals were flown out of the Republic of Cyprus over the weekend, including about a dozen who had been detained at Menoyia detention center for deportation proceedings...

769. Over 200 GPs on board to vaccinate the 30+

Over 200 personal doctors and 45 doctors of the state health services organisation have expressed interest in participating in the Health Ministry’s new initiative to speed up vaccination coverage of those aged over 30....

770. Syllouris declines questions in passport probe

A former Cypriot parliamentary speaker secretly filmed in an expose on a now discredited cash-for-passports scheme declined to answer questions on Wednesday into his role in a scandal which rocked the island nation...

771. Cyprus offers no-hassle holidays for the fully vaccinated

Cyprus is offering hassle-free holidays to fully vaccinated individuals from 65 countries from May 10 as it seeks to recoup lost ground from the pandemic...

772. Cyprus halts search for sailor lost at sea

Cypriot authorities said a search and rescue mission for a sailor lost at sea was halted on Thursday , two days after the seafarer was last seen on a cruise ship bound for Haifa...

773. Doc wants govt to come clean about AstraZeneca

A local well-known health expert has called on officials in the Republic of Cyprus to take a clear position on the AstraZeneca vaccine and stop hiding behind an EMA statement...

774. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

775. Syrian refugees escorted to Cape Greco

A total of 75 undocumented migrants from Syria reached the Republic of Cyprus on Monday, after a Cypriot coast guard vessel escorted their wooden boat to Cape Greco...

776. Cyprus airports ready to welcome thousands of arrivals

Cyprus airports are ready to welcome thousands of passengers and an increased number of flights as of mid-May, Transport Minister Yiannis Karousos said Wednesday....

777. Power outage refuels reform debate

A technical failure in the Vasilikos power plant was quickly restored Thursday morning, after rendering areas all over the Republic of Cyprus without electricity at a time when unions are up in arms over reforms in the industry...

778. Surge in concentration of Covid genetic material in Limassol wastewater

The concentration of genetic fragments of coronavirus in Limassol’s urban wastewater has recorded a steady increase over the past few months, a scientific study found....

779. EastMed pipeline could be ready in five years

The EastMed pipeline could be in place in five years, Israeli Minister of National Infrastructure, Energy and Water Resources, Yuval Steinitz, has told the Cyprus News Agency (CNA), describing it as an extremely important project....

780. Cyprus scores Royal Caribbean mid-pandemic

Cyprus Deputy Ministry for Tourism has welcomed a world-renowned cruise ship company’s decision to include Cyprus among its destinations during June – August 2021, utilizing a brand-new ship, to be delivered shortly...