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481. Turkish defense minister makes fresh accusations against Greece, Cyprus

Turkey has “problems” in the Aegean and the Eastern Mediterranean because of Greece and Cyprus’ “expansionist-minded policies and claims,” Turkish Defense Minister Hulusi Akar has told lawmakers in Ankara....

482. Cyprus to proceed with a tax reform in 2022

Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....

483. End of an era: Merkel bows out after 16 years

Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...

484. Vaccine inequality

The new 'Omicron' mutation is the result of a lack of vaccination solidarity between developed and developing countries, experts and those who had previously called for vaccines to be sent to less privileged countries warn...

485. Cyprus gives huge incentives to go electric

Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....

486. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....

487. Debt sustainability in all Member States

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

488. Reduction of electricity VAT from 19% to 9%

Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...

489. Europe’s chief prosecutor drops by to check on Cyprus

Europe’s newly-appointed chief prosecutor paid a visit to the Republic of Cyprus on Monday, where she held talks with the island’s Law Office in an effort to iron out Nicosia’s administrative challenges and concerns in the EU’s fight against corruption...

490. Nouris: 60-100 immigrants pass through the green line every day

According to the Minister of Interior, Nikos Nouris, 60 to 100 illegal immigrants and asylum seekers cross the green line every day....

491. Cyprus is expected to be more affected by climate change in the coming decades

Cyprus is expected to be much more affected by climate change in the coming decades, said today the Minister of Agriculture, Rural Development and Environment Costas Kadis,...

492. Cyprus awaits Brussels decision on golden passports

The President’s Cabinet in the Republic of Cyprus has approved at least 390 golden passport applications despite European warnings after the program was scrapped last year, with Interior Minister Nicos Nouris saying he has already explained the logic to the European Commission but hasn’t heard back yet...

493. Greece becoming a hotspot for Hollywood films

Philip Fertis is involved in puppetry, but due to the pandemic, the demand for performances in schools and municipalities is low. ...

494. Bicycle subsidy website suspended indefinitely

The government portal for bike subsidy applications was temporarily shut down due to "excessive interest" in the scheme....

495. Cyprus lacks 'snitches' to root out cartels

The head of Cyprus’ competition protection office says its program designed to root out cartels on the island has failed because of the country’s closed society where snitching is not part of Cypriot culture...

496. Higher costs on goods are here to stay

Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....

497. Health Insurance Organization targeting abuses in GESY system

The phenomena of abuses of the General Health System (GESS) that have emerged since its application, is one of the serious issues that concern the Health Insurance Organization (OAY)....

498. Police hunt for supplier in cigarette racket

Cyprus police are making headway in the fight against the sale of illegal tobacco, with officials hoping a man's dramatic arrest over the weekend could help catch bigger fish and rein in the sale of untaxed cigarettes...

499. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

500. Cars for any budget

The Bank of Cyprus is putting unsold cars up for auction today, Tuesday 7th of September at 1500....

501. State budget and economic outlook for 2022

The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....

502. Crunch time as hospital admissions reach high

Worst case scenarios and emergency staffing are once again the topic of discussion among health experts in Cyprus, with hospitalizations reaching new records for summer at a time when medics are taking vacation...

503. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

504. ELAM throws hat in speakership race

Cyprus’ nationalist party ELAM says its president will seek the speakership of the House, following Sunday’s parliamentary elections that doubled the party’s seats while mainstream political movements lost ground...

505. EU ready to claw back stolen funds

The European Public Prosecutor’s Office goes to work next week, after the Council gave the green light this week for the first supranational independent agency to begin investigating and prosecuting crimes against the EU budget...

506. Police arm up after Limassol fire and fury

Cyprus police came under immense pressure during Holy Week following incidents of chaos, anarchy, and even violence against officers, with arrests starting to pile up and efforts doubled in arming up the force with more riot gear...

507. Local gov reform heads for summer freeze

Interior Minister Nikos Nouris has been asked by EU officials to give the rundown of the administration’s latest efforts in local government reform, just days after a proposal for a referendum was defeated by opposition parties that cried foul over the move...

508. Jiu Jitsu director says Cyprus losing out

The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...

509. Cyprus expecting 60,000 Covid doses this week

510. Mountain region to get €400m revamp by 2030

The government’s plan to revitalise mountain communities by 2030 was presented on Thursday, with the grand project including more than 300 actions budgeted at €400 million....