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991. EU Council President to resign, pursue European Parliament seat

Charles Michel, the current European Council president, announced his decision to step down early to run for a seat in the European Parliament....

992.  President Christodoulidis announces Cabinet reshuffle

President Nikos Christodoulidis has announced a series of government appointments, effective Wednesday, January 10, 2023. The changes, made under constitutional authority, include:...

993. Far-right and conservatives gain momentum in Europe

The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....

994. A government on fragile ground

In May 2022, Nikos Christodoulides announced his candidacy for the Presidency of the Republic, only to be overshadowed by the revelation of a partially plagiarized speech from Ioannis Kasoulides during the 2008 presidential election....

995. Cyprus tax reform targets green initiatives and economic revitalization

By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...

996. CIFA projects optimistic 2024 for Cyprus investment funds amid challenges

The Cyprus Investment Funds Association (CIFA) has expressed optimism for the Investment Funds sector in Cyprus in 2024, projecting another positive year despite existing challenges and uncertainties, according to a press release. ...

997. Cyprus welcomes 15 griffon vultures in battle for survival

In a renewed effort to save the endangered Cypriot Griffon Vulture, fifteen new arrivals from Spain landed in Cyprus in December....

998. European warrants tie four lawyers to E/C property sales

In a significant legal development, the Republic of Cyprus has issued arrest warrants through Europol for four lawyers in the occupied territories, as reported by Yeni Bakis....

999. COVID-19 JN.1 sub variant surpasses 3000 cases

Coronavirus outbreaks are increasing in Cyprus and Europe in general, following the emergence of the ''Omicron 2'' JN.1 sub variant....

1000. Investigation underway of Turkish Cypriot lawyer arrested in Rome

In light of initial evidence, the Cyprus government suggests that Turkish Cypriot lawyer Akan Kıursat, recently apprehended in Rome for allegedly selling Greek Cypriot property in the occupied areas,...

1001. EU implements new VAT transparency rules targeting e-commerce fraud

The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....

1002. CDC reports rapid spread of JN.1 subvariant, now dominant in the US

The JN.1 subvariant of COVID-19 has swiftly become the predominant strain in the United States, leading to a surge in new cases, according to the US Centers for Disease Control and Prevention (CDC)....

1003. Tension peaks in Cyprus natural gas development

The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......

1004. ISIS suspected in devastating Kerman blasts

The double explosion, which claimed the lives of at least 103 people on Wednesday near the tomb of General Qasem Soleimani in Kerman......

1005. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

1006. Cyprus grapples with lingering private debt woes

In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....

1007. Finance Ministry undergoes administration overhaul

1008. Beware of the Brits bearing ideas for a Cyprus solution

According to recent reports, the British Foreign and Commonwealth Office is working on various scenarios to break the deadlock on the Cyprus problem and find a mutually acceptable formula....

1009. Russia's unrelenting missile barrage claims 26 lives in Ukraine

Russia initiated its most significant air attack on Ukraine, deploying an array of 158 drones and missiles that struck various cities, resulting in a devastating toll. ...

1010. Cyprus makes the cut in new tax-friendly nations list

In a recent announcement, the Ministry of Finance shed light on the revised list of countries enjoying preferential tax status under the Independent Authority for Public Revenue of the Hellenic Republic (IAEA)....

1011. European Commission disburses funds to six member states

The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....

1012. EC allocates recovery funds to six member states

The European Commission disbursed payments to six Member States on Thursday, marking a milestone in the implementation of the Recovery and Resilience Facility (RRF). ...

1013. Cypriots opt for overseas New Year celebrations

Many Cypriots are traveling abroad this year for the New Year, choosing as destinations mostly Greece and the United Kingdom, but also Central European countries, the President of the Association of Travel Agents (ACTA) Haris Papacharalambous has told CNA....

1014. Annita Demetriou pays tribute to Jacques Delors

The EU has lost one of its most authentic visionaries and architects of modern European integration, Cyprus House President Annita Demetriou said, over the death of former Commission Head Jacques Delors. ...

1015. Wolfgang Schäuble, former German Finance Minister, dies at 81

Wolfgang Schäuble, the influential former German Finance Minister and speaker of the Bundestag, passed away at 81, leaving a profound mark on European financial affairs....

1016. As 2023 ends, banks and unions lock horns on pay structures

The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....

1017. Cyprus housing crisis deepens amid interest rate scandal

With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....

1018. PwC Cyprus hosts informative CESOP event on new VAT reporting obligation

PwC Cyprus successfully organized a pivotal event entitled ''A New Reporting Obligation on VAT'' at its state-of-the-art experience centre on Monday, 18 December 2023....

1019. Cyprus eyes new measures amid migration challenges

There may have been progress so far in the management of migration, according to figures released by the government these days, but this is mainly due to a sharp decline in the number of applicants from African countries, ...

1020. Minister upset as staff gaps widen

In its 2023 Employment and Social Developments in Europe (ESDE) report, the European Commission identifies major shortages in construction, healthcare, science, technology, and STEM (Science, Technology, Engineering, and Mathematics) occupations, spanning high, medium, and low-skilled roles...