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1651. Putin justifies Ukrainian invasion, blames West in Victory Day speech

Russian President Vladimir Putin, in his Victory Day speech before a military parade in Moscow's Red Square, defended his ongoing invasion of Ukraine as the "only right solution," without mentioning the neighboring country by name....

1652. Groups pull out of royal concert in Cyprus

Local charities and participants in the platinum jubilee of Queen Elizabeth II next month in Cyprus have turned their backs on the concert following political controversy linked to EOKA, as more participants are now refusing to take part ahead of an election year...

1653. English will be used in newly established commercial and maritime courts

Cyprus' Justice Minister, Stephie Dracos, expressed on Friday her satisfaction with a constitutional amendment to allow the use of the English language by two new Courts that are expected to be created, the Commercial Court and the Maritime Court....

1654. Spread of COVID baffles locked-down Shanghai residents

The cases underscore how difficult it is to stop the spread of the highly transmissible Omicron variant as China clings to its zero-COVID policy, perpetuating a cycle of lockdowns, as well as bafflement, anguish and anger....

1655. EY named a leader for ESG consulting services by independent research firm

EY has been recognized by research and advisory firm, Verdantix, as a leader for environmental, social and governance (ESG) services and sustainability consulting services in its latest report, Green Quadrant: ESG & Sustainability Consulting 2022 (pdf)....

1656. Kyriakides: 'One step closer to a European Health Union'

The foundations and backbone of the European Health Union are being laid today, Kyriakides tells CNA...

1657. Greece sets price ceiling on electricity

The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....

1658. Cyprus police reject school shooting plot claim

Shocking allegations about a thwarted school shooting in rural Nicosia have been dismissed by police, who said the claim was blown out of proportion after a parents association official alluded to the incident when he told parliament there was tension in the community due to migration...

1659. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

1660. Cyprus struggles to find anti-corruption auditors

Efforts to assign members to a transparency commission are said to be stalling in the Republic of Cyprus, with politicians from the opposition crying foul over connections between some candidates and the country’s disgraced golden passports program...

1661. Cyprus and EU economies facing a 'twin problem' following the war in Ukraine

The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....

1662. Boris Becker faces jail term for failing to declare his millions

Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....

1663. Pelted Russian convoy video in Limassol goes viral

Cyprus Police say no complaint was filed regarding a video from Limassol that went viral this week, showing cars with Russian flags being pelted with heavy items at the southern town's seafront...

1664. More ‘Golden Passports’ revoked

The Council of Ministers decided last week to revoke the citizenship of four more Russians, including their family members, who obtained ‘Golden Passports’ under the island’s disgraced Citizenship by Investment scheme that was brought to an abrupt end in November 2020....

1665. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

1666. SBA land run rules in foreign investors

More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...

1667. Cyprus layers relaxations ahead of Greek Easter

The President’s Cabinet in Nicosia has approved a further relaxation of measures, starting on Good Friday as people in Cyprus get ready for Orthodox Easter and going bolder next month...

1668. The MSCI 2021 results are in - Consulco Outperforms the Market

The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....

1669. Russia to offer consular services in the north

Russians living in the northern part of divided Cyprus will soon be able to receive consular services, with Greek Cypriot media reporting that the development had been kept quiet for about a year...

1670. Pro-migrant group says locals instigated Emba brawl

A pro-migrant group has accused police of stalling an investigation following a violent incident in Paphos involving foreign nationals and locals, with the NGO saying a 'hate crime' perpetrated against refugees was being misrepresented in the media...

1671. Clashes between locals and foreigners continue

A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...

1672. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

1673. Op-ed: Inflation welcomes 'Generation Z'

Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....

1674. Macron to face far-right leader Marine Le Pen in runoff

Emmanuel Macron, the French president, will face Marine Le Pen, the far-right leader, in the runoff of France’s presidential elections....

1675. Dead fetus found in Nicosia public toilets

A dead fetus was found in a public toilet in downtown Nicosia over the weekend, with police trying to ascertain the identity of the mother and other details surrounding the incident...

1676. Anastasiades: 'Relations between the US and Cyprus are at their best'

Relations between Cyprus and the US are at their best, said President Anastasiades during a meeting with AHEPA (American Hellenic Educational Progressive Association) which was held on Friday at the Presidential Palace....

1677. Property sales hit 14-year high in Cyprus

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....

1678. Zelensky wants Cyprus to get tough on island’s Russians

Ukrainian President Volodymyr Zelensky is urging the Republic of Cyprus to strip Russians of their golden passports 'without exception' and only ease up on dual citizens if they condemn what he called 'war crimes of their military' in Ukraine....

1679. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

1680. CYCLOPS: 'The crown of our security co-operation', says Kasoulides

On Wednesday, US Undersecretary for Political Affairs, Victoria Nuland, and Foreign Minister, Ioannis Kasoulides, expressed their wish that the Cyprus Center for Land, Open-seas, and Port Security (CYCLOPS) will help promote security in the region....