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811. EU welcomes Croatia while Bulgaria and Romania will have to wait

Croatia will officially become the newest member of the European Union’s borderless area of Schengen on January 1, 2023, the European Union has confirmed....

812. Breast cancer screening: The case of Cyprus

Population screening for breast cancer with mammography, and in some women, ultrasound screening, has been shown to reduce mortality from this disease....

813. Shipping tycoon wants to transfer biz to Cyprus

A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...

814. The 2023 Budget in the vortex of the elections

The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....

815. Divided Cyprus’ leaders meet as UN not giving up

Cyprus President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar met on Wednesday evening in the framework of an end of year reception which the UN in Cyprus hosted at Ledra Palace, in the Nicosia buffer zone...

816. Anastasiades pushing for a resolution to the Cyprus problem

President Nicos Anastasiades said on Wednesday he is promoting an initiative with the involvement of the European Union to avert any new Turkish faits accomplis on the island and to create the conditions for a settlement of the Cyprus problem, ahead of elections in Cyprus, Greece and Turkey....

817. France first country to ban short haul flights

France has been given the green light to ban short-haul domestic flights. Specifically, between locations where there is a train alternative that takes less than 2.5 hours....

818. Cyprus scores funds for Euromed Tech Hub

The creation of the Euromed Tech Hub in Cyprus was unanimously decided last week by the Board of Directors of ANIMA Investment Network, a press release by Invest Cyprus says...

819. G7 price cap on Russian oil kicks in

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....

820. No visa required for Qatari citizens visiting the EU

Qatari nationals are now eligible to travel to the European Union’s Schengen Zone countries without being required to apply for a visa at first....

821. Germany eases rules for internationals to obtain citizenship

The federal government of Germany has unfolded its plans to introduce new changes to its immigration law, among others, to make it easier for internationals to obtain citizenship....

822. Minister says efforts to promote Cypriot wine bear fruit

Energy Minister Natasa Pilides, who also oversees Commerce, said Wednesday that the first National Action Plan to promote Cypriot wine seem to be bearing fruit, as exports of wines in 2021 saw a rapid increase over 60%...

823. Cyprus gets taste of EU’s €85 million with a caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

824. Over half a billion euro in government surplus so far this year

Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....

825. Government owed €16.2m from ineligible first time home buyers

More than 270 people who benefited from the reduced rate of 5% VAT for first-time home buyers, have been found to be ineligible, following checks carried out throughout Cyprus by the Tax Department, and should be charged 19% VAT, totaling €16.2 million announced on Wednesday the Minister of Finance, Constantinos Petrides, after the Council of Ministers. He also announced on-site checks on other categories of taxpayers and types of taxes....

826. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

827. Cyprus president wants corruption claims against him investigated

Cyprus’ president on Tuesday called for an independent probe into allegations made by a former aide that he has run a corrupt administration under the influence of Russian oligarchs...

828. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

829. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

830. Tatar: Countries reluctant to recognize pseudo-state due to threats

831. Homelessness on the streets of the capital (Photos)

Citizens in the heart of the capital are faced with a depressing sight. The image of two homeless people, a father and son, whose story is well known among the locals, sleeping on the streets of Makarios Ave....

832. CYTA expects €400 million in revenue this year

Deputy Chairman of the Committee Chrysis Pantelides told CYTA after discussing the organization's budget for 2023 that CYTA is a very good example of a profitable and robust semi-governmental organization that should remain in the ownership of the state so that the public and society at large reap these important benefits....

833. Ukraine's grain agreement with Russia extended 4 months

A diplomatic agreement that restarted Ukraine's maritime food exports will continue for at least another four months, keeping the economic lifeline open as the major food producer faces its first full winter at war with Russia....

834. Asylum seeker says she was gangraped at Pournara

An asylum seeker says she was raped by five men at Pournara migrant camp, with police confirming a complaint has been filed but no suspects have yet been identified...

835. 'Double tax' treaty talks to begin between Cyprus and Australia

Cyprus Finance Ministry has expressed satisfaction with the positive reaction of Australian authorities to initiate bilateral negotiations for the conclusion of the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance....

836. Who benefits from the proposed rent-to-mortgage scheme?

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

837. 50 products specified in Cyprus' 'Household Basket'

The Consumer Protection Service will present its initial proposal for the Household Basket in Cyprus to the stakeholders - the Hypermarkets Association, the Retailers Association, the OEB, and the CEB - at 12 noon on Wednesday. ...

838. The first 'Mountain Agriculture of Troodos' products have hit the market

Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....

839. Immigration as a matter of national survival

The migration issue, along with Turkey's ongoing threats and galloping inflation due to the explosion in energy prices, undoubtedly ranks first in the hierarchy of Cypriot citizens' concerns....

840. President defers foreclosure mess to attorney general

Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...