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1. Cyprus revamps school curriculum to address financial literacy gap

In response to concerns over low financial literacy rates among Cypriots, highlighted in studies including the Central Bank's 2021 report, efforts to address the issue have been reignited. ...

2. Authorities stumped on declared cash

The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....

3. Shipping Deputy Ministry finds a new home at historic Nemitsa factory

The Cyprus Deputy Ministry of Shipping is set to revamp its operational landscape with a state-of-the-art facility in Limassol. Following the Council of Ministers' approval to repurpose the former Nemitsa factory site, ...

4. 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....

5. Cyprus could meet 40% of its energy needs through solar power by 2030

Cyprus is on track to meet 40% of its energy needs through solar power by 2030, according to Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA)....

6. EU seeks centralized energy storage solution

As part of the Save and Upgrade plan, only eight applications have been submitted thus far for the installation of home storage systems. It's important to note that these grants exclude new homes, which are expected to meet almost zero energy consumption standards....

7. Electronic embassies set to transform diplomacy

To usher in digital reform within the public sector, a concrete and centralized approach is imperative. The key to this transformation lies in collaboration with the very organizations we aim to reform....

8. Altia transforms the real estate market through property management technology services developed by Prosperty and Robura

Altia, the fastest-growing real estate company in Cyprus with one of the largest real estate portfolios, is bringing digital transformation to the real estate sector. ...

9. Government's solar power initiative for vulnerable homes

The government is currently working on the installation of free solar power systems for vulnerable individuals....

10. Cyprus struggles with renewable energy and storage gap

Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....

11. China eases its zero-covid policy amid protests

People in China with mild or asymptomatic coronavirus cases will be allowed to isolate at home, health officials said Wednesday, in a major step away from a strict “zero-Covid” strategy that has constrained daily life for almost three years and recently set off rare nationwide protests....

12. Europe agrees to compromise deal on gas rations as Russia squeezes supply

European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine....

13. Council of Europe: Government in Cyprus ‘too centralized’

Cyprus remains a “very centralized country”, according to a report from the Associated Press. ...

14. Search for common ground on Cyprus begins

The United Nations are launching in Geneva their latest effort in the Cyprus Problem, with an informal 5+1 meeting starting Tuesday in search for common ground despite the two sides on the divided island having denounced each other’s official position...

15. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

16. MED 5 want EU to act as one on migration

The interior ministers of the five Mediterranean countries on the front line of mass migration to Europe want their European Union partners to share the burden more equitably...

17. Health commissioner’s Nicosia home staked out

Greek Cypriot news sites on Sunday picked up a story on EU Commissioner Stella Kyriakides, following reports of a media stake out at the health chief’s Nicosia residence amid fierce criticism over vaccine delays...

18. Uncertainty reigns across international tax landscape