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721. EY presents the 17th CFO Management Forum and the CFO Awards 2021

EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....

722. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

723. EU and US convene in first Trade and Tech meeting

The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week,...

724. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

725. China declares all cryptocurrency transactions illegal

China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....

726. EU: A charger for all mobile phones - A blow to Apple

The European Commission is pushing for a common charging port for mobile phones, tablets and headphones, ...

727. No more apologies: Inside Facebook's push to defend its image

Mark Zuckerberg, Facebook’s chief executive, signed off last month on a new initiative code-named Project Amplify....

728. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

729. EY announces the launch of EY Entrepreneur Of The Year™ in Cyprus

EY Cyprus is pleased to announce the launch of the EY Entrepreneur Of The Year™ program for the first time in Cyprus. With this launch, the ultimate global competition for entrepreneurs officially opens today for nominations. ...

730. President to leave for Athens, then New York

President Anastasiadis is going to Athens tomorrow to take part in the EUMED Summit, and will continue on to New York for the UN General Assembly....

731. von der Leyen warns of a 'pandemic of the unvaccinated'

Ursula von der Leyen, warned of a “pandemic of the unvaccinated” in her state of the union speech today....

732. Cyprus receives 157 million for Recovery and Resilience Plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

733. EY and IIF survey shows climate change top concern for banks

734. Limassol crypto provider says imposter stole 35 million

A Cypriot resident who owns a blockchain service provider says his company was targeted by cyber criminals who managed to steal tens of millions in cryptocurrency simply by sending a message on a popular social app...

735. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

736. Minister says unvaccinated should pay up

Cypriot Health Minister Michalis Hadjipantela suggests vaccinated persons do not need to take rapid tests for Covid, adding those who choose to remain unvaccinated should now have to pay out of their own pocket to keep getting tested if they want to use Safe Pass...

737. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

738. Police investigate Safe Pass knife incident

Police are investigating an incident in Limassol where the owner of a restaurant says he sustained knife injuries after a customer refused to show a Safe Pass document...

739. Limassol cites decree after Safe Pass mishmash

The City of Limassol has weighed in on a recent confusion over Safe Pass for cruise passengers ashore, with officials citing verbatim the latest emergency law following reports that guests had not been allowed into local shops and restaurants...

740. Safe Pass for supermarket made official

Grocery shoppers in the Republic of Cyprus may no longer shop at a supermarket if they do not have a Safe Pass, based on the latest decree published on Monday by the health ministry affecting all domains of social life in response to last week’s surge in daily infections...

741. Cyprus joins EU’s digital covid certificate

The Republic of Cyprus on Thursday joined other EU countries already accepting an EU-wide Covid certificate for easier travel, amid coordination challenges amongst members and a rampant Delta variant around the world...

742. Cyprus airports to accept EUDCC on July 1

The Cabinet that convened Wednesday, amended the Action Plan for the operation of airports to include the EU Digital COVID Certificate which will be issued by the EU Member States, as well as by the countries of the European Economic Area and by the Switzerland...

743. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

744. Cyprus issues temporary vax docs for travel

The Republic of Cyprus began on Tuesday issuing a temporary COVID-19 vaccination certificate to citizens who wish to travel abroad in June, with the paper document valid until the new European Digital COVID Certificate is scheduled to be introduced on July 1...

745. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

746. 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...

747. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

748. Cyprus jumps the gun on Sinopharm

Travelers who have been inoculated with Sinopharm can now visit freely the Republic of Cyprus, but it is up to other EU member states to accept the Chinese vaccine if the latest draft version for a COVID certificate is adopted in Strasburg next month...

749. Shipping Industry Cyprus - B2B Meetings with German Companies

750. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...