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211. New police app set to crack down on unpaid traffic fines

In an upcoming move, a police app designed to pinpoint drivers reported by traffic cameras for unpaid fines is set to launch....

212. 18 linked to Pournara events deported, 11 in line for expulsion

213. How artificial intelligence is changing Cyprus

The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...

214. Government achieves historic 50% drop in asylum applications

There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....

215. DAC6 revisited through the prism of DAC8

The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....

216. KEDIPES introduces 'Rent-to-Own' scheme for vulnerable households

Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....

217. Cyprus sees 33% drop in new asylum applications, compared to 19% EU increase

In August 2023, the European Union saw a 19% increase in new asylum seekers compared to the same period in 2022, with 91,735 applications recorded. ...

218. Deputy Ministry's ''one-stop shop'' for shipping sets sail Monday

The one-stop-shop shipping centre at the Deputy Ministry of Shipping will be operating as of next Monday, starting with the services of the Department of Population Records and Immigration, announced the competent Deputy Minister Marina Hadjimanolis....

219. Cyprus unveils bold housing policy boost

In a strategic move to spur affordable housing development, the Cyprus government introduces a groundbreaking housing policy....

220. Nicosia Mall reveals ambitious plans for Limassol shopping center

In a recent announcement, Nicosia Mall disclosed its intentions for the forthcoming opening in Limassol. ...

221. Syrian applicant triumphs in citizenship appeal

In a recent legal development, a Republic of Cyprus citizenship appeal by a Syrian-born individual of Turkish Cypriot origin proved successful....

222. Government prepares compensation relief for clipped depositors

In a recent press briefing at the Presidential Palace, Government Spokesman Konstantinos Letymbiotis provided crucial updates on the impending compensation for clipped depositors....

223. Finyard launches in Cyprus, providing innovative software solutions for the FinTech space

Finyard, an innovative software solutions provider, that helps global brands within the FinTech space offer their clients cutting-edge applications, has opened its doors in Cyprus....

224. 'Photovoltaics for All' scheme launches €30M fund

The public will be able to start submitting applications on January 2024 for a scheme to install photovoltaics, dubbed "Photovoltaics for All", with a budget of €30 million, which is expected to correspond to 6,000 applications....

225. Ministries unite to transform halloumi industry

There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....

226. Russian depositor triumphs over Laiki bank's 2013 haircut

The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....

227. 28 individuals facing deportation after Pournara riots

In response to threats to public order, Cyprus has issued 28 orders for detention and deportation. ...

228. Deportation process in motion for 'Pournara' riot participants

Authorities intend to immediately initiate procedures for deportation for those proven to be involved in yesterday's riots at "Pournara" First Reception Centre in Kokkinotrimithia, as Deputy Government Spokesman Yiannis Antoniou said on Tuesday....

229. Private labels dominate market as e-kalathi falters

Disagreements over the specifics and philosophy of the bill concerning the creation of the e-kalathi electronic platform have led to an ongoing debate in the House Commerce Committee. ...

230. Cabinet amends minimum guaranteed income and social benefits laws

The Council of Ministers in Cyprus has recently approved an amendment to the Minimum Guaranteed Income and Social Benefits Laws, signaling a significant change in the country's approach to residency requirements. ...

231. €16 billion in energy investments for 2021-2030

Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....

232. Ministry secures €245 million boost for business growth in 2027

A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....

233. Cyprus braces for migrant influx by expanding Pournara center

The Minister of Interior, Mr. Constantinos Ioannou, has issued instructions to gradually expand the capacity of the First Reception Centre, Pournara, to accommodate a larger number of people. ...

234. Austria allocates €33m for wrongly convicted gay men

A historic proposal by the Austrian Ministry of Justice sees €33m set aside to compensate those who were wrongly convicted - but critics say the amount on offer is not enough....

235. ECOMMBX: A Platform to rule them all

From Day One, ECOMMBX was determined to develop the most powerful electronic payments systems, capable of offering customers seamless cross-border transactions. ...

236. SYRIZA's Stefanos Kasselakis marries partner in New York ceremony

Stefanos Kasselakis, the new leader of Greek main opposition SYRIZA, will marry his partner, Tyler Macbeth, at a civic ceremony in New York on Thursday....

237. Central Bank's remote ID project to take off

The Central Bank of Cyprus (CBC) has officially announced that it has signed an agreement to start the Digital On-boarding project for remote customer identification. The agreement was signed between the CBC and the appointed consortium....

238. Tunisian gunman in Brussels attack entered Europe illegally via Italy

In a recent tragic incident, a Tunisian terrorist, Abdelsalem Lassoued, entered Europe illegally through Italy and went on to commit a deadly attack in Brussels. ...

239. Larnaca: Migrant sets himself on fire after being denied asylum

A grave incident transpired on the morning of Wednesday, October 18, when a 24-year-old foreign national, having been denied asylum, doused himself with gasoline and set himself on fire outside the Immigration and Asylum Service in Larnaca....

240. Gov't prepares comprehensive measures to tackle inflation

A meeting held at the Presidential Palace has drawn to a close, with decisions made regarding forthcoming measures to combat inflation. The official announcement of these measures awaits the President's declaration,...