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151. Startups get boost from new PRE-SEED program

The Research and Innovation Foundation (RIF) has introduced the PRE-SEED program, welcoming entrepreneurs and early-stage startups with open arms. The program offers aspiring business owners the opportunity to secure equity-free funding,...

152. Is Poland upset with Ukraine?

The eastern flank of the European Union — particularly Poland — continues to play a crucial role in helping Ukraine fight against Russia’s invasion. A recent diplomatic squabble over grain imports, compounded by historical issues, puts the once-stable footing at risk....

153. Cyprus universities earn impressive global rankings

The countdown begins for the new academic year 2023-2024, and university helplines are buzzing with inquiries about registrations, place reservations, and freshmen curriculums. By the end of this month, the allocation of freshmen to universities will be clarified, as the Ministry of Education expects around 3,000 candidates...

154. Hollywood artists unite in historic strike

Leaders of Hollywood’s actors’ union voted Thursday to join screenwriters in the first joint strike in more than six decades, shutting down production across the entertainment industry after talks for a new contract with studios and streaming services broke down....

155. Over 40,000 unpaid fines await court action

The photo-enforcement system using traffic cameras still has not resulted in any unpaid violators' cases reaching the court, according to a report on Philenews....

156. Calls for redress in Irish mother and baby home scandal

Ten years after a dark discovery was made in the west of Ireland, Euronews takes a look at the grim legacy of the maternity homes that were still in operation until the end of the 20th century. ...

157. Zero-hour for the Titan submersible as oxygen levels dwindle

Oxygen on Titan is now feared to have run out - but the desperate search for the missing Titanic submersible and the brave adventurers on board reached the floor of the Atlantic today - just as the desperate deadline passed....

158. The future building of Legal Service in Cyprus

The Legal Service unveiled a photo showcasing the design of its new building, through a Twitter post. ...

159. Almost 108,000 drivers exceed speed limits

Since the official implementation of the photo certification system on January 1, 2022, a staggering total of 132,982 out-of-court complaints have been filed....

160. June Newsletter - Deadline for settlement of taxes through self-assessment

161. 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....

162. Cabinet approves tax deductions for businesses and extends tax payment deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

163. The theatrical hypocrisy of passing the e-kalathi bill

In early March, during the Commerce Committee meeting, the first one attended by the current Minister of Energy, the committee chairman, along with all the members, to be fair, urgently requested the government to submit a bill....

164. EBA tightens its grip in response to sanctions

Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...

165. Three of four unions accept Labour Minister's improved CoLA proposal

Assuming it is God's will and with PEO's permission on Friday, it's anticipated that the issue of Cost of Living Allowance (CoLA) will come to a close....

166. Gov't officials submit asset declarations: Who holds the most valuable property?

The deadline for submitting the Asset Declarations by members of the new Government, as provided by legislation, ends today, Thursday, April 27th....

167. Mykonos bars face minuscule fine for illegal structures demolition

In the latest twist in the Mykonos saga, a new Environment Ministry legislative provision stipulates that if the Principote and Nammos bars on the island demolish all of their illegal structures by early May,...

168. President holds sanctions meeting with stakeholders

Cyprus President, Nikos Christodoulides, will preside over a new meeting at 1030 local time on Tuesday, on the issue of sanctions imposed by the US and the UK on individuals and legal entities in Cyprus 'in connection with the Russian Federation’s unlawful and unprovoked invasion of Ukraine, including facilitators of sanctions evasion'...

169. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

170. Hacked data from Cyprus up for grabs on darknet

Encrypted folders with stolen information from Open University of Cyprus may be available on the dark web, where data brokers and identity thieves can now buy access to private information of students and staff after the institution failed to pay ransom...

171. Hackers leak Open University data after ransom demand not met

The Open University of Cyprus failed to meet the deadline set by the "Medusa" group of hackers to pay a ransom in exchange for not releasing sensitive personal data....

172. Deadline looms for hackers' threat to release Open University data

The clock is ticking for the Open University as the deadline looms for a group of hackers called 'Medusa' to release personal data that they intercepted. ...

173. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

174. Cypriot fund facing mighty resistance in Lukoil deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

175. Delays unclear over Cypriot-fueled Lukoil deal

An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...

176. Ex minister worries Nicosia dropped IMO ball out of spite

A Cypriot former minister is calling on the new government to offer an explanation as to why the Republic of Cyprus failed to seek a nomination currently being sought by foe Turkey at a UN agency responsible for regulating shipping, hinting at revenge politics and calling on his party to seek answers...

177. 'Mansion tax' introduced to help homeless Californians

Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....

178. Tax Department: €70 million in taxes refunded - €200 million to be collected

An intensive effort by the Tax Department in recent months has resulted in a refund of over €70 million in excess taxes, with an additional €200 million expected to be collected, according to Tax Inspector Sotiris Markides. He emphasized that the Department aims to clear all outstanding Company and Individual Returns by the end of 2023....

179. Road tax deadline looms

There are only a few days left until the deadline for renewing registration licenses and, as a result, drivers who fail to renew will face a charge or even a fine if they are caught by the police....

180. Political storm brewing in Cyprus over Biden whistleblower

An Israeli professor facing US extradition in Cyprus, where he is currently under house arrest, is calling on his native country to 'rescue' him from Biden, giving rise to speculation that his court case in Larnaca could become a hot potato for the island’s new government that maintains strong ties with both Tel Aviv and Washington...