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211. Putin's move puts UK fish and chips at risk

In a potential crisis for fish and chip enthusiasts, Vladimir Putin's Russian government contemplates scrapping a long-standing agreement with the UK, raising concerns of food weaponization....

212. Cyprus backs UN resolution condemning Houthi attacks on Red Sea shipping

The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......

213. How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

214. Platres' historical tapestry unfurls with new Open Museum

In the next few months, the completion of the Open Museum of Platres is expected. In an interview with ''K,'' Platres Mayor Panagiotis Papadopoulos disclosed that work has commenced on the exhibition space, serving as the starting point for a historical walk through Platres....

215. Big news! New EU data rules give you more control

In a significant development, the European Union's Data Act officially came into force today, ushering in a new era for data access and privacy in the EU market. ...

216. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

217. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

218. Companies grapple with soaring fines amidst regulatory confusion

There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....

219. EY Cyprus releases the Cyprus Tax Facts Guide 2024

EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....

220. Trimiklini businessman traps officials and police in illegal fish farm raid

A Trimiklini businessman allegedly diverted water from the Kouris River to illegal fish farms, according to an Audit Office report. On September 19, 2023, he verbally abused, assaulted, and trapped Fisheries Department officials who came to inspect his facilities....

221. Deloitte’s Tax Facts 2024

222. Christodoulides' strong message: Ignore sirens, focus on governance

The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....

223. South Korea bans dog meat in landmark legislation that ends centuries-old practice

South Korea's parliament passed a bill on Tuesday to ban the eating and selling of dog meat, a move that will end the controversial centuries-old practice amid growing support for animal welfare....

224. Cyprus and UK businesses join forces in new strategic partnership

The Cyprus Organization for Standardization and the Great Britain-Cyprus Business Association (GBCY) have announced a new strategic collaboration....

225. Cyprus tax reform targets green initiatives and economic revitalization

By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...

226. Trump-linked companies receive $7.8M from 20 governments

In a groundbreaking report released yesterday by Democratic lawmakers, a comprehensive 156-page document titled "White House for Sale: How Princes, Prime Ministers, and Premiers Paid Off President Trump" has brought to light a complex web of financial transactions....

227. EU implements new VAT transparency rules targeting e-commerce fraud

The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....

228. Are seasonal sellers really hot or cold?

Stephanos Koursaris, the Secretary-General of the Pancyprian Organization of Craftsmen, Professionals, and Shopkeepers (POVEK), spoke on 'SPOR FM 95.0' and the show 'DIASPORA NEWS' about the movement of markets during the holidays and the discounts. ...

229. Cyprus grapples with lingering private debt woes

In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....

230. Deputy PM and MP deny explosive bribery claims

In a shocking turn of events, a bribery scandal has erupted in the Turkish Cypriot government, implicating the deputy prime minister and a board member of the development bank....

231. The best Christmas window displays unveiled

The Limassol Municipality has unveiled the winners of its annual Christmas window decoration competition, spotlighting businesses located within the city's boundaries....

232. PwC Cyprus hosts informative CESOP event on new VAT reporting obligation

PwC Cyprus successfully organized a pivotal event entitled ''A New Reporting Obligation on VAT'' at its state-of-the-art experience centre on Monday, 18 December 2023....

233. Divisions in Cyprus amplify fact-checking challenges

Cyprus, an ethnically divided island in the Mediterranean, is like any other nation: It’s been hit by a wave of misinformation, and residents are trying to keep up....

234. Businesses to cut greenhouse gas targets by 10%

Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....

235. CBC warns of non-performing loan surge amid economic challenges

The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....

236. Workforce crisis grips Cyprus as 12,000 job vacancies surge

In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....

237. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

238. One to three-star hotels dominate Greece’s accommodations

Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....

239. Makarios Avenue struggles to fulfill commercial expectations

Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...

240. The overtime dilemma – George Vassiliou's proposal

Only a young John Kapodistrias, with his wit and cunning, can rescue this troubled land from the folly of officials and citizens....