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1. Eurobank | Limassol welcomed the 1st India-Greece-Cyprus Business Forum

2. Parliament debates push for unified transparency portal

A bill aiming to boost government transparency by mandating the publication of all public sector decisions and administrative acts on a single digital platform was discussed Wednesday in Parliament’s Institutions Committee....

3. Police bust Land Registry corruption ring

A major corruption scandal has come to light in Greece, where authorities have arrested nine people tied to bribery and backdoor dealings in public land registry offices across Attica....

4. Businesses call for simpler, fairer tax reform in Cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...

5. First Cypriot appointed to helm global shipping powerhouse

The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....

6. Cyprus and Greece forge closer ties in historic meeting

President Nikos Christodoulides described the second intergovernmental meeting between Cyprus and Greece as a historic milestone. For the first time, 14 Greek Cabinet ministers joined their Cypriot counterparts in Nicosia, reflecting the deepening collaboration between the two nations....

7. Taavi Rõivas on why AI is the future of government

Taavi Rõivas, Estonia’s former Prime Minister, visited Cyprus for the Digital Agenda Summit 2024, where he was invited to speak about Estonia’s pioneering journey in creating a fully digitized government....

8. Digital Transformation OR Vanish!

Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....

9. Digital tools launched to improve Nicosia's urban life

Nicosia Mayor Charalambos Proutzos emphasized the importance of enhancing citizens' quality of life through smart technologies, stating, "Our goal is not just......

10. Digital Agenda Summit 2024 underway, shaping Cyprus' tech future

The Digital Agenda Summit 2024 kicked off this morning at the Nicosia Municipal Theatre, bringing together top industry leaders, government officials, and tech experts from around the region. ...

11. U.S. business leaders eye investment opportunities in Cyprus

U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York....

12. Shipping Minister champions new maritime training facilities at Chios Academy

The qualitative upgrading of maritime education is of primary importance, Deputy Minister of Shipping Marina Hatzimanolis has said recently in Greece......

13. Cyprus to modernize education system starting 2024-25

Cyprus’ Minister of Education, Sports, and Youth, Athina Michaelidou, announced on Monday a series of planned changes aimed at modernizing the education system. Highlighting education as a government priority, Michaelidou outlined the key initiatives set to begin in the 2024-25 school year....

14. Chamber of Commerce warns of risks from Cyprus’ 1.5% wage hike

The Cyprus Chamber of Commerce and Industry (CCCI) has expressed concern over a new agreement between the Ministry of Finance and public sector unions to grant a 1.5% general wage increase starting in October 2024....

15. Cyprus surges in high-speed internet and tech jobs

Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....

16. Cyprus ranks among top innovators in Europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

17. Cyprus Shipping Chamber marks 35 years with annual election

The Cyprus Chamber of Shipping commemorated its 35th anniversary today with its annual election meeting in Limassol. ...

18. Hadjimanoli: ''We hope to expand into the Asian market''

Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....

19. Global talent crisis: Desire for international experience skyrockets

EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands....

20. Fortifying digital banks and battling cyber threats

The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...

21. Eurobank Cyprus reports €199.4M profits in 2023

Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022. ...

22. Australia and Cyprus embrace renewable energy collaboration

In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....

23. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

24. Digital Citizen initiative for streamlined services

President Nikos Christodoulides announced a series of policy actions aimed at improving citizens' daily lives and enhancing their overall quality of life, alongside legislative and other initiatives geared towards modernizing state structures and institutions....

25. Cyprus stirs controversy with Sweden in heritage pact

In a historic move, the Technological University of Cyprus (TEPAK) and Sweden's State Museums, represented by Ann Follin from Medelhavsmuseet, have formally inked a Collaboration Agreement....

26. Construction: Say farewell to building permits

In a groundbreaking move to simplify the development control system, Cyprus is set to abolish urban and building permits for small-scale projects....

27. Government takes bold steps to speed up construction approvals

The Ministry of Interior in Cyprus is on a mission to simplify the development control system by implementing a comprehensive package of 22 measures in collaboration with the Cyprus Scientific and Technical Chamber (CSTC). ...

28. 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. ...

29. Is the digital Euro the ECB's game-changer or a banks' ally?

The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....

30. HIV patients denied care, forced to halt medication

In 2023, although HIV is no longer contagious, HIV-positive patients in Cyprus continue to face marginalization and social exclusion when taking medication....