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661. EU allocates €20 million for Sudan refugee crisis

During a two-day visit to Cairo, EU foreign policy chief Josep Borrell expressed support for Egypt's efforts to end the hostilities in Sudan. ...

662. Cyprus farmers voice alarm over plant protection regulation

The European Commission is addressing farmers' concerns regarding the proposed regulation on plant protection in the European Union. They assure that the implementation of the new rules will be gradual, aiming to minimize any impact on production and food prices....

663. Preserving Cyprus' cultural heritage for future generations

The Technical Committee on Cultural Heritage (TCCH) has completed the conservation works at the church of Agios Georgios and the church of Panagia Agia Napa both in the Turkish-occupied Famagusta area, the European Union (EU) and the United Nations Development Programme (UNDP) said on Friday. ...

664. Temporary VAT reduction on essentials estimated at €14.5 million

In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....

665. Cablenet: The Fastest Growing Mobile Network

666. Head of betting authority investigated

The head of the National Betting Authority, Ioanna Fiakkou, is currently facing a criminal investigation for allegedly refusing to provide evidence in a probe conducted by a former member of the Ethics and Sports Protection Committee, Harris Savvides, regarding football match-fixing. ...

667. Deadly Mediterranean shipwreck exposes desperate migrant journeys

Wednesday’s deadly shipwreck off southern Greece, involving a large boat carrying migrants that capsized after apparently rebuffing offers of help, is just the latest case of smugglers packing vessels full of desperate people willing to risk their lives to reach continental Europe....

668. EU demands Google breakup over antitrust concerns

European Union regulators hit Google with fresh antitrust charges Wednesday, saying the only way to satisfy competition concerns about its lucrative digital ad business is by selling off parts of the tech giant’s main moneymaker....

669. Cyprus calls for medicine market reform

Health Minister for Health Popi Kanari said that Cyprus is in favor of the creation of a single market for medicines, and highlighted the problems that Cyprus faces regarding medicine access as a small member state, during the second day of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) of the EU, which was held on Tuesday in Luxembourg in its Health Ministers configuration....

670. 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....

671. Government ends tax break, fuel and electricity prices to rise

The Director General of the Ministry of Finance, Michalis Pantelis, has expressed the government's intention to end the measure of reducing excise tax on fuel and electricity....

672. Combating hate speech: Urgent action for LGBTI rights

The Commissioner for Administration and Human Rights Protection, Maria Stylianou Lottides, has strongly denounced the recent surge of comments directly targeting the LGBTI community and promoting hate speech against its members....

673. Groundbreaking court to tackle first home foreclosures

The groundwork for the establishment of a specialized jurisdiction court, which will exclusively handle issues related to the foreclosure of primary residences, will be laid on Thursday....

674. Cyprus takes a stand for solidarity in EU immigration reform

Minister of Interior Konstantinos Ioannou announced on Friday that Cyprus views the establishment of a mandatory solidarity mechanism as a significant development for the country....

675. EU Ministers reach historic deal on migration crisis

European Union ministers agreed on Thursday on how to share out the responsibility for looking after migrants and refugees, after 12 hours of negotiations got Italy and Greece to sign up to a deal that has eluded the bloc for nearly a decade....

676. Cyprus banking sector maintains stable solvency ratio

The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus on Wednesday....

677. €1 million to boost Turkish Cypriot cheese exports

The European Commission's EU-funded assistance program aimed at eradicating zoonotic diseases (those that jump from animal to human) in dairy animals in areas not under the effective control of the Government of the Republic of Cyprus was officially launched today....

678. Parliament approves reduced VAT rate on first homes

The plenary session of the Cyprus Parliament passed on Thursday almost unanimously a law allowing for the imposition of a reduced VAT rate of 5% on the first 130 sqm of a primary residence, including both houses and apartments...

679. Finance minister warns of VAT consequences

With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....

680. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

681. Overcoming obstacles in Cyprus' green transition

Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....

682. California: Electricity bills based on your paycheck

Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....

683. Cyprus talks up island’s shipping to India officials

Deputy Minister for Shipping Marina Hadjimanolis described the shipping sector as an invaluable asset for Cyprus, stating her determination to further strengthen Cyprus' position in global shipping...

684. EC urges Cyprus to comply with EU VAT rules for homes

The European Commission has called on Cyprus to comply with EU VAT rules for dwellings by sending a reasoned opinion to the country, included in the Commission’s June infringements package. ...

685. Local home buyers feel priced out in divided Cyprus

Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...

686. Minister calls for duty-free halloumi exports to Australia

Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. Subtitle: ...

687. An effective foreclosure framework is important, says FinMin

An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....

688. Taxpayer funded ferry to Greece begins new season

Ferry ship Daleela begins today its first voyage marking the new season’s maritime connection between Limassol and Piraeus, which has been welcomed by the Deputy Minister for Shipping, Marina Hadjimanolis and Limassol Mayor Nicos Nicolaides...

689. From 25% to 5% smoking rate by 2040, says Kyriakides

Health and Food Safety Commissioner Stella Kyriakides, in a prelude to World No Tobacco Day on May 31, emphasized the Commission's ambitious objective of reducing smoking from 25% to a mere 5% of the population by 2040 in her written message....

690. Institute wages House battle for married parents

Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...