Search

721. Unleashing potential through a revised recovery plan

The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....

722. Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

723. Former bishop to be sentenced June 1st for indecent assault (update)

The former Bishop Chrysostomos of Kition is scheduled to be sentenced on June 1st...

724. Caretaker government takes over in Athens

The list of caretaker government ministers set to assume leadership for a month leading up to the second round of elections on June 25 was officially announced on Thursday...

725. Cyprus resolute on natural gas plans despite geopolitical reactions

Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....

726. TechIsland Presents ''Startup School''

A Groundbreaking Workshop Series for Cyprus Startups, Powered by Zubr Capital. A unique educational opportunity with free entrance...

727. Cyprus exits enhanced surveillance ten years after crisis

Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...

728. British-Cypriot forex boss found guilty of fraud

A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....

729. Kyriakides: 'Our goal now, medicines for all'

"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....

730. Turkey's illegal Navtex sparks outcry as Cyprus government responds

The new Navtex issued by Turkey is illegal, Government Spokesperson Konstantinos Letymbiotis, told CNA on Monday, stressing that the national airspace, FIR and maritime area are the responsibility of the authorities of the Republic of Cyprus....

731. Conservatives in Greece win big

Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...

732. US publishes new sanctions list with Cypriot entities, raises concerns

In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....

733. Cyprus and Netherlands seal double taxation deal

Cyprus' Minister of Finance, Makis Keravnos, expressed his satisfaction for the conclusion of negotiations on a double taxation avoidance agreement with the Netherlands in a meeting Thursday with the Ambassador of the Netherlands in Cyprus, Elke Merks-Schaapveld, according to a press release by the Ministry of Finance....

734. UK and US specialists to provide consultancy on sanctions

A group of British experts from various departments of the UK state services will visit Cyprus, with a view to providing consultancy services for establishing a National Unit for Sanctions Control,...

735. Kyriakides and Becerra: EU and US establish joint health task force

736. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

737. Vanished whistleblower in Cyprus gets attention

The unknown whereabouts in Cyprus of an American-Israeli whistleblower wanted by US authorities has raised questions in Washington, where Oversight Committee Chairman James Comer says Biden whistleblowers want to come forward but they fear for their lives...

738. Unions and employers sign new transitional agreement on CoLA

Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....

739. EC grants 35,324 travel passes for rail travel to 18-Year-Olds

The European Commission will provide a total of 35,324 travel passes - mainly for rail travel - to young Europeans aged 18 as part of the DiscoverEU program, according to a press release. In Cyprus, passes will be given to 72 out of a total of 152 applicants....

740. BOC appoints Bank of America as joint corporate broker, resumes dividend payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

741. Airlines now have more power thanks to Covid-19

The Airports Council International (ACI) Europe has released a comprehensive analysis of airport competition in Europe, highlighting the shifting dynamics as airlines tighten their grip. ...

742. Germany proposes new self-determination law for name and gender change

The German government on Tuesday, presented a draft self-determination law which, if accepted, will make it easier for people to change their name and gender legally....

743. Cyprus urged to repeal spyware export licenses not in line with EU

Cyprus has played a major role as an export hub for spyware, and should repeal all export licences it has issued that are not in line with EU legislation, ...

744. Paris supports dialogue on Cyprus issue

President Christodoulides' visit to Paris to meet with French President Emmanuel Macron confirms the excellent level of bilateral relations between Cyprus and France. ...

745. US McDonald's franchisee employed two 10-year-olds, broke labor laws

A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....

746. Police enforcing smoking ban in closed spaces

Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....

747. Employers and trade unions clash over CoLA index proposal

Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....

748. BBC chairman resigns over conflict of interest

Richard Sharp has resigned as chairman of the BBC after a report found he broke the rules by failing to disclose the role he played in helping Boris Johnson secure an £800,000 loan....

749. Labor Minister proposes compromise on CoLA issue

Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....

750. Davis Cup playoffs return to Cyprus

The Cypriot Davis Cup Team will fight in Cyprus for qualification at the European Zone Group B promotion play-offs....