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151. 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....

152. 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....

153. 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....

154. 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....

155. 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...

156. 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....

157. 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....

158. 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....

159. 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...

160. 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...

161. 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....

162. 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....

163. 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)....

164. 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. ...

165. 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...

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

167. 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....

168. 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. ...

169. 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....

170. 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. ...

171. Cyprus bets on trust amid Turkey-Israel flirt

Cypriot Foreign Minister Ioannis Kasoulides says Nicosia is confident it won’t be sidelined as Israeli President Isaac Herzog prepares for a historic trip to Ankara but not before popping in for a visit to Cyprus as trust in the region is put to the test by all key players...

172. Officials keep tight lid on relaxations formula

Cypriot experts are signaling a relaxation of measures against people who are unvaccinated, but government officials maintain that any new criteria would still be based on individual risk assessment linked to vaccination status...

173. Can banking institutions unilaterally impose new policies on clients with housing loan agreements?

I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...

174. Billionaire Mark Cuban opens online pharmacy to provide affordable generic drugs

Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....

175. Potential traffic camera violators still in the dark

Motorists in the Republic of Cyprus have yet to receive traffic camera citations under a new system on the island, with reports of 'procedural delays' pointing to a previous discussion over legal doubts...

176. Novak vs Australia not over yet with star in talks to sue government for $6 million

Novak Djokovic is reportedly in talks with lawyers about suing the Australian government for millions of dollars on grounds of “ill-treatment”....

177. Blinken urges unity to fight ‘relentless’ Russian aggression, during his visit to Kyiv

U.S. Secretary of State Antony Blinken urged western nations Wednesday to remain united in the face of what he called “relentless” Russian aggression against Ukraine and reassured Ukraine’s leader of their support....

178. Rape remark lands former commissioner in hot seat

A Cypriot former European commissioner was in the hot seat over the weekend after a comment she made about a rape story in Greece drew criticism from fellow Cypriots and Greeks, who took to social media to condemn her remarks and opine about young women and unwanted sex...

179. Wrong person gets rapid test result after leaving line

Long lines for rapid tests have been reported over the weekend in the Republic of Cyprus, with a mayor of a local town accusing the health ministry of “zero organization” and a woman in the capital who got tired of waiting still getting a result without giving a sample...

180. Vehicle license renewals for 2022 begin 7th of January

The Department of Road Transport (TOM) announces the following, in relation to the renewal of vehicle registration licenses for the year 2022:...