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181. CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

182. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

183. European Parliament honors Navalny amidst food inflation

The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......

184. Cyprus: The new epicenter of U.S. military strategy in the Mediterranean

In a significant development, the United States and Cyprus are strengthening their defense and security ties, marking a shift in the geopolitical landscape of the Eastern Mediterranean. ...

185. Cyprus plays key role in EU's operation ASPIDES

In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...

186. Terror threat in Athens: Bomb warnings target embassies of Israel, U.S., and Egypt

The Police are on high alert following a recent threat to plant explosive devices in the embassies of Israel, Egypt, and the United States in Greece....

187. US Embassy Nicosia hosts exhibit of Ukrainian women amid Russian aggression

On the somber occasion of the second anniversary of Russia’s brutal re-invasion of Ukraine, U.S. Embassy Nicosia, in collaboration with Sunseed Art and Resilient Ukraine, is the proud sponsor of an art exhibit that depicts the faces, roles, stories, and remarkable resilience of Ukrainian women....

188. Popular breakfast cereals infused with fertility-linked pesticide

In a recent study conducted by the Environmental Working Group (EWG), it has been revealed that an obscure pesticide called chlormequat, which is linked to infertility in animals,...

189. Cyprus firm on expanding Russia sanctions

During the discussion at the European Union's Foreign Affairs Council (FAC) held in Brussels on Monday, Cyprus took a clear stance on the issue of EU sanctions against Russia for its invasion of Ukraine, which marks two years in two days. ...

190. Cyprus delays 15% multinational tax enforcement

Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....

191. US veto halts UN Gaza ceasefire

The United States has vetoed a United Nations Security Council resolution demanding an "immediate" ceasefire in Gaza, marking the third consecutive veto by the United States since the start of the conflict between Israel and Hamas. ...

192. Turkish Cypriot youths attacked during Troodos trip

A group of eight Turkish Cypriot youths, aged 20, faced a violent attack during a trip to Troodos, as reported by Turkish Cypriot media. ...

193. A tale of two nations, Greece's stability amidst America's unraveling

It’s a strange thing: Greece has become a relatively predictable, politically stable country. I wouldn’t say boring, because we still have a long way to go. At the same time, the United States is no longer the predictable, stable country we used to know....

194. EU unveils stricter fiscal rules for member states

The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...

195. Minister Kombos to support 13th Russian sanctions package

Cyprus supports the 13th package of sanctions against Russia, Foreign Minister Constantinos Kombos said during the Foreign Affairs Council in Brussels on Monday....

196. Millo | Art Spring Cyprus

Renowned Italian artist Francesco Camillo Giorgino, known as Millo, known for his large-scale murals across the globe, is bringing his talent to Cyprus. ...

197. Cyprus and Greece report lowest EU foreign investment

Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy. ...

198. Cyprus, Greece and France halt funds for Turkish drones in Ukraine

Greece, Cyprus and France reportedly blocked the financing for the supply of Turkish-made Bayraktar drones and artillery shells for Ukraine, which were to be purchased with European funds....

199. Greece joins 28 nations in recognizing same-sex families

In a groundbreaking move, Greece has joined over 37 nations in granting recognition and equal rights to families with same-sex parents....

200. Cyprus faces €40M setback in smart meter implementation

A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....

201. Cyprus' 3.7% greenhouse gas increase stands out in EU

In the third quarter of 2023, greenhouse gas emissions through economic activity had increased by 3.7% in Cyprus and decreased by 7.1%......

202. British MPs push 'Free Occupied Cyprus' campaign

The intricate semiotics behind the synchronized messages conveyed by British MPs during their visit to the Occupied Territories, coinciding with a British tabloid's reference to Varosha in connection with King Charles......

203. FT: Estonia PM on Russia's wanted list

204. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

205. Growth in women's roles in science and engineering

Women made up 44% of the science and engineering workforce in Cyprus in 2022, a trend that aligns with the EU average of 41%, according to Eurostat data released on the UN's International Day of Women and Girls in Science....

206. Pet owner contracts bubonic plague from cat

In a rare occurrence, a pet owner in Oregon has contracted the bubonic plague from their cat, marking a concerning instance of the potentially fatal disease emerging in the United States, according to local authorities. ...

207. Cyprus to roll out 10-second euro transfers across banks

Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....

208. Houthi rebels target US-owned ship in Yemen waters

Houthi fighters have launched an attack on a ship they identified as United States-owned, sailing in Yemeni waters. The Iran-linked group stated that the vessel, Star Iris, was hit by "a number of suitable naval missiles" in precise strikes....

209. Cyprus trade deficit soars to €8.57 Billion in 2023

Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....

210. Sweden to send troops to Latvia amid Hungary's NATO opposition

Sweden is poised to bolster its military presence in Latvia, signaling a significant step toward potential NATO membership despite ongoing resistance from Hungary....