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61. Companies grapple with soaring fines amidst regulatory confusion

There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....

62. 2024 court documents to expose Epstein's associates and victims

In a significant development tied to the legal aftermath of the Jeffrey Epstein case, court documents containing the names of over 170 high-profile associates and victims are slated to be unsealed at the commencement of 2024....

63. Erdogan instructs Tatar: ''Maintain silence on Cyprus issue until elections''

In a recent meeting between Erdogan and Turkish Cypriot leader Ersin Tatar and Unal Ustel, an order was issued to ''all nationalist groups in the 'TRNC' that speak about the Cyprus problem and especially Ersin Tatar...

64. Authorities probe infant abuse by unlicensed childcare worker

65. Illegal land alterations spark legal action in Akamas

In a significant development, reports of wrongdoing by 20 owners of agricultural/land properties in the Akamas region have been forwarded to the General Prosecutor's Office....

66. Deloitte Cyprus CEO on 65 years, challenges, and future strategies

Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....

67. Ministry reverts VAT refund amount to €50

The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...

68. Urgent measures taken after a series of fires on buses

According to the commitment of the Ministry of Transport and the owners of the 570 immobilized buses, a return to normality is expected early this week....

69. Banks fail Menendez's quiz on $4 billion consumer paybacks

In a fiery congressional hearing on Wednesday, Senator Bob Menendez targeted Wall Street's top executives, putting them in the hot seat with a pop quiz on their firms' financial misdeeds....

70. 570 buses grounded after Aglantzia blaze

The incident last Friday (01/12), where a fire broke out in the school bus engine in Aglantzia, prompted the Ministry of Transport and stakeholders to hold meetings over the weekend....

71. Critical student bus routes axed due to safety directive

In a directive, the Ministry of Transport, Communications, and Works has announced that starting Monday, December 4, 2023, buses lacking a specific automatic engine fire extinguishing system are prohibited from operating routes....

72. EY Cyprus redefines corporate reporting landscape at 3rd annual insights event

EY Cyprus organised its 3rd Annual Corporate Reporting Insights event titled ‘Connectivity: Reforming Corporate Reporting.’ ...

73. DAC6 revisited through the prism of DAC8

The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....

74. Producers and importers join forces to tackle tobacco product waste

Producers and importers of tobacco products with filters have embarked on a significant environmental initiative, aligning themselves with the European Directive 2019/904/EU....

75. Authorities on alert as 264 migrant arrivals spike in Cyprus

According to sources from the Ministry of Foreign Affairs, 40 individuals arrived on Saturday, followed by 224 on Sunday, in two separate boats carrying 142 and 82 people....

76. EY Cyprus organised an event on the implementation and implications of the European Corporate Sustainability Reporting Directive (CSRD)

EY Cyprus has organized an event to present the challenges that many Cypriot companies will face in implementing the European Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). ...

77. 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....

78. Flavored heated tobacco to be banned as Cyprus aligns with EU directives

The Council of Ministers has approved amendments to regulations, including bans and warning labels on heated smoking products with flavored substances, according to Health Minister Poppy Kanari, in a move to align national legislation with European directives....

79. Controversy deepens over overtime pay to deputy spokesperson

The controversy surrounding overtime payments for Deputy Government Spokesperson Doxa Komodromou has escalated, with revelations and calls for reimbursement by the Auditor General, Odysseas Michaelides....

80. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

81. EU passes borrower protection law: Your rights when borrowing money

The European Parliament (EP) has voted on rules to keep people safe when they borrow money for things like credit cards or loans....

82. Morocco earthquake toll mounts

The aftermath of a powerful earthquake that struck Morocco on Friday continues to unfold as rescuers intensify their efforts to locate survivors amidst the widespread destruction. The official death toll has surpassed 2,100, and authorities fear it will climb even higher....

83. New EU card to make travel easier for people with disabilities

The European Commission has unveiled a legislative proposal aimed at improving access to free movement for individuals with disabilities within the European Union....

84. Cyprus cracks down on illegal immigration ring

In a move to address migration challenges head-on and show unwavering determination against the issue, a well-coordinated operation sprung into action this morning in the Limassol district. ...

85. Mass registration of residents at Chlorakas apartment complex

In accordance with the directives set during a meeting at the Presidential Palace on Monday, a comprehensive registration operation took place on Tuesday from 0600 to 1100 hours at the Saint Nicholas apartment complex in Chloraka. The operation aimed to document the residents residing in the complex....

86. 18 charred bodies of immigrants found in Evros fire

Amidst the relentless wildfires that have engulfed Greece, at least 18 charred bodies of immigrants have been discovered in the scorched expanse of Dadia Forest in Evros....

87. Mandatory EV charging points in buildings by 2025

Energy agency imposes deadline for non-residential buildings amid infrastructure push...

88. Labor Department imposes outdoor work ban in higher mountains

In response to an amber warning for extremely high temperatures, the Department of Labour Inspections in Cyprus has enforced a ban on outdoor work in higher mountainous areas between 12:00 and 16:00 local time on Thursday. This directive applies specifically to areas situated at elevations ranging from 1150 to 1650 meters....

89. Concerns rise over emergency grain stocks

The Grain Advisory Committee is scheduled to convene this morning at 10 am at the Ministry of Agriculture, to engage in a discussion centered around the adequacy of grain supplies within the market. ...

90. Cabinet to decide on flexible working in Cyprus public sector

The Council of Ministers is poised to make a decision regarding proposed flexible working arrangements in the public sector this August, according to Maria Kleanthous, First Officer and Head of the Human Resources Management and Labour Relations Section of the Department of Public Administration and Personnel. The move comes as part of the implementation of the Recovery and Resilience Plan, with a target completion date set for the close of 2024....