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151. Rot

The sense of malaise often generates political surprises. And it always plays into the hands of the enemies of democracy....

152. Unaccompanied minors are on the rise

Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....

153. Apple supplier apologizes, offers $1400 payout to quell protests

Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....

154. Ten prison suspensions as police probe inmate’s murder

Ten guards and employees of Nicosia’s central prison have been suspended as police investigate the murder of a Turkish Cypriot inmate, with many details emerging but not adding up as suspects already in custody were thought to be friendly with the victim...

155. Why is simple so complex? Will robots take over my job?

This year's Digital Agenda Summit did not disappoint. Speakers from all parts descended on Nicosia to present their views on technology, AI, generation 'Z', our future work environment, the changes to our health management and where we are heading in the future....

156. House scrambles to keep ships under Cyprus flag

The House health committee in the Republic of Cyprus is scrambling to amend healthcare legislation in a race against the clock, following reports that ship owners are trying to take their business elsewhere to avoid having to pay GESY tax...

157. Doctor ‘fake vax’ trial put off again

A Cypriot doctor, who denies ever issuing bogus vaccination certificates during the pandemic, will have to wait a whole year before his day in court, after a judge on Monday pushed back his trial until next year...

158. Erdogan files lawsuit against German parliament's VP for calling him 'sewer rat'

Turkish President Recep Tayyip Erdoğan filed a lawsuit against Bundestag Vice President Wolfgang Kubicki for insult and defamation, through his lawyer in Cologne....

159. EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

160. Employment and working hours up compared to last year

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154 thousand, according to data published by the Statistical Service....

161. Bicycle subsidy platform now open for new applications

The Department for Transport, Communications and Works announces the opening of applications for the revised Bicycle Purchase Grant Scheme for 2022 - 2023....

162. More than €370m earmarked for rural and mountain communities

"The government supports rural areas and their residents", Cyprus’ Transport Minister, Yiannis Karousos said on Sunday evening, stressing that in 2019 the government adopted the National Strategy for the Development of Mountain Communities, for the first time since the establishment of the Republic of Cyprus....

163. Cheaper electricity in September - How much will you pay?

The issue of electricity pricing is at the top of every household's agenda, especially with galloping inflation and the increase in fuel prices, making it a big hurdle for many. Despite this, things seem to be encouraging as far as September is concerned as bill pricing is expected to be reduced....

164. Foreign Ministry concerned over Turkey's distortion of truth about 1974 invasion

The Foreign Ministry expresses its concern over Ankara's attempts to distort the historical truth in relation to the Turkish invasion of Cyprus in 1974 and the ongoing illegal occupation of the northern territories of the island....

165. Cyprus still in the mix as EU probes Greek spyware

Cypriot Deputy Attorney General Savvas Angelides has fired back at allegations over a conflict of interest in an alleged cover-up involving Israeli-made malware, as Nicosia and other EU capitals have been feeling pressure to come clean following rumors of widespread unlawful surveillance...

166. K. Treppides & Co Ltd: Benefits in Kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

167. Unemployment down 53.8% from last year, but up 16.5% from last month

The number of registered unemployed persons at the end of June 2022 decreased by 53.8% compared to June 2021, based on (actual) data kept at the Provincial Labour Offices, falling to 12,332....

168. Athens sees Ankara raising tensions

Greek officials expect two moves by Turkey that will ratchet up tensions between the two nominal allies up another notch this summer, to levels not seen since 2020....

169. 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...

170. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...

171. Nouris: 'We have reached the point where migrants call the police and ask to be picked up'

In a bill submitted to Parliament, the Ministry of Justice and the Ministry of Interior are requesting the recruitment of 300 special police officers with a contract of up to 28 months to monitor the green line and conduct other tasks relating to the increased migration flow into the Republic of Cyprus....

172. US Diplomat: 'It would be political suicide if Putin withdraws'

An interminable and unwinnable war in Europe? That’s what NATO leaders fear and are bracing for as Russia’s war in Ukraine grinds into its third month with little sign of a decisive military victory for either side and no resolution in sight....

173. 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)....

174. 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. ...

175. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

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

177. Everything You Need to Know About Crypto Today (at least for the next 8 hours!)

Don’t be intimidated by my headline if you know nothing about Bitcoin or the Bored Ape Yacht Club. You are in the majority....

178. K. Treppides & Co Ltd- Cryptocurrencies: Investment firms trading in cryptocurrencies. Authorization required.

Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...

179. Russian Ambassador to Cyprus, Stanislav Osadchiy, discusses Russia's plans in Ukraine

Russia`s plans do not include the occupation of Ukrainian territories, but the protection of civilians and Russian citizens in Donetsk and Luhansk, Russian Ambassador to Cyprus Stanislav Osadchiy said in a statement to CNA on Thursday....

180. Op-ed: 'Putin will not invade because he doesn’t want a second Afghanistan’

Many analysts have suggested that the chaotic US withdrawal from Afghanistan emboldened Russian President Vladimir Putin to move toward Ukraine, exploiting the perceived weakness of the West. But Leon Aron, senior fellow at the American Enterprise Institute in Washington, reminds us that Russians were also trapped in Afghanistan in 1978-89. ...