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3541. Our Shared Values Shine in Our Support for Ukraine

Even before Russia fired the first shots, the United States and European Union member states, including Cyprus, were united in their repudiation of the false pretenses used to initiate the conflict and clear-eyed about the growing danger Ukraine faced...

3542. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

3543. Greek court overturns seizure of Iran tanker’s oil

A court in central Greece has overturned a ruling that authorized the confiscation of crude oil from an Iranian-flagged tanker at the center of a volatile dispute over international sanctions...

3544. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

3545. Turkey's lack of progress will delay accession talks with the EU

The European Parliament cannot envisage a resumption of negotiations for the accession of Turkey into the EU without clear and significant progress in the field of rule of law and fundamental rights, ...

3546. Road victim tried to flag down bus that killed him

New details emerged in a fatal accident investigation involving a bus and a pedestrian on a highway south of Nicosia, with reports saying a foreign male on foot had crossed lanes to wave down the driver...

3547. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

3548. Why are we all working so hard?

The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....

3549. EU to implement one charger for all devices by 2024

In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....

3550. Cyprus objects to airport designation in Turkish-occupied north

Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday....

3551. EU should play more active role towards Turkey

The EU should have a more active role and exert pressure on Turkey to terminate its hostile attitude and focus on its European course Cypriot MP Ηarris Georgiades, Chair of the Foreign affairs committee told Piero Fassino, rapporteur for Famagusta of the Parliamentary Assembly of the Council of Europe....

3552. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

3553. Cyprus received 11,000 asylum applications in the first five months of 2022

Cyprus has received more than 11,000 asylum applications in the first five months of 2022, Interior Minister Nicos Nouris has said, noting that the first line EU-member-states, namely, Cyprus, Greece, Italy, Spain and Malta are estimated to receive 150,000 asylum seekers....

3554. Nouris: Over 150,000 migrants expected this year in southern Europe

Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this year as food shortages caused by the Ukraine conflict threaten a new migration wave from Africa and the Middle East....

3555. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

3556. Fotiou: 'Turkey's dmand for a two-state solution impossible'

"Achieving a solution that will permanently rid Cyprus of Turkish occupation and reunite Cyprus is what we should all work for," said Presidential Commissioner Fotis Fotiou,...

3557. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

3558. No end in sight to weekly price hikes in fuel

Increases in fuel prices are taking place almost on a weekly basis, according to gas station owners. ...

3559. Ukraine probes deportation of children to Russia

Prosecutors investigating war crimes cases in Ukraine are examining allegations of the forcible deportation of children to Russia since the invasion as they seek to build a genocide indictment, the country’s top prosecutor said in an interview....

3560. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

3561. EU set to decide on single mobile charging port by June 7

EU countries and EU lawmakers are set to agree on a common charging port for mobile phones, tablets and headphones on June 7 when they meet to discuss a proposal that has been fiercely criticized by Apple, people familiar with the matter said....

3562. Mykonos' DK Oyster Bar in legal hot seat for overcharging

Two American tourists are taking legal action against a Greek beach bar after it charged them more than £500 for two drinks and a plate of crab legs....

3563. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

3564. Thousands of young Europeans selected to travel throughout Europe for free

Nearly 754,000 people have applied to travel and visit Europe through DiscoverEU, the integrated program of Erasmus+, has revealed....

3565. Tatar alleges Greek Cypriot links to terrorism

Turkish Cypriot leader Ersin Tatar had some harsh words for his compatriots in the south this week, saying Turkey’s concerns over NATO candidate Sweden’s PKK links also had basis in the south and called on Greek Cypriots to reevaluate their 'cooperation with terrorist organizations'...

3566. Global IPO market experiences significant slowdown in Q1 2022

3567. Cyprus targets 'alleged fathers' in immigration scheme

Cypriot Interior Minister Nicos Nouris has sent out a cable telling administrators to hold off on issuing any birth certificates in cases where staff may have doubts over the paternity of a child until new legislation can allow sampling DNA from alleged fathers...

3568. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

3569. 'Mutually beneficial' CBMs rejected by Tatar

Government Spokesman Marios Pelekanos stated today that a proposal by Cyprus President, Nicos Anastasiades, on a package of Confidence Building Measures (CBM) is mutually beneficial and promotes a positive climate for the resumption of Cyprus talks....

3570. Cyprus' unemployment rate down from 8.4% to 5.4% compared to last year

The seasonally-adjusted unemployment rate in Cyprus reached 5.4% in April 2022, decreasing from 5.8% last month and from 8.4% in April 2021, according to figures published by Eurostat, the statistical office of the European Union....