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1. UAE pledges $15 million for Cyprus-Gaza maritime aid

The United Arab Emirates announced the allocation of USD 15 million in support of the ''Amalthea Fund,'' which the Republic of Cyprus announced to support the maritime corridor initiative between Cyprus and the Gaza Strip....

2. EU Parliament votes for clearer labels on breakfast foods

In a move aimed at empowering consumers and promoting healthier choices, the European Parliament has greenlit updated regulations governing breakfast staples such as honey, fruit juice, jam, and marmalades....

3. Cyprus Fire Service policy sparks concerns among lawmakers

The recent implementation of a new policy by the Fire Service of Cyprus regarding premises control has ignited discussions within the Parliamentary Committee on Energy, Commerce, Industry, and Tourism. ...

4. Finance Ministry to shield vulnerable homes from price hikes

The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....

5. Thanasis' death inquiry reaches boiling point with third interrogation

After a series of intricate legal proceedings, including testimonies from the Legal Service and family attorneys, the complex investigation into the death of 26-year-old soldier Thanasis Nicolaou is nearing its conclusion. ...

6. Alleged accomplice arrested in €7.8M money laundering case

Authorities in Cyprus have identified a potential accomplice in the high-profile money laundering case involving a 31-year-old Ukrainian woman. The woman,...

7. Cyprus banks push for green standards with ESG certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

8. Cyprus adopts ''Pay as You Throw'' system to tackle surging municipal waste

The Statistical Service of Cyprus reveals a 5% surge in municipal solid waste, reaching 615,000 tonnes in 2022. Per capita waste generation stands at 673 kg, ranking Cyprus the 5th highest in the EU. With 77.5% disposed of in landfills, the nation is gearing up for a "Pay as You Throw" (PAYT) system....

9. Banks urged to accelerate loan restructurings

The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....

10. Parliament passes law to remove property restrictions in Occupied Areas

In a unanimous decision, the Plenary Session of the Greek Parliament passed a law abolishing the right of encumbrance of ''memorandum'' on properties held by banks and credit acquisition companies, located in the occupied territories. ...

11. Cypriot farmers' protests send ripples across Europe

The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....

12. Government raises minimum wage to €1000, boosting income for 25,000 workers

In a move aimed at bolstering the income of low-wage earners, the Ministry of Labour and Social Insurance has announced a significant rise in the National Minimum Wage, effective this January....

13. Ministry directs immediate compensation for potato producers

Following the recent onslaught of hailstorms and heavy rains wreaking havoc on potato farms in the free Famagusta district, Minister of Agriculture, Rural Development......

14. UN court slams Israel: Ordered to halt genocide in Gaza

In a landmark ruling, the United Nations' international court of justice has directed Israel to take immediate action to prevent acts of genocide against Palestinians in Gaza....

15. Alphamega riots amplify football strife

The management of violence in stadiums hinges on the outcomes of the upcoming extraordinary CFA meeting this Friday, prompted by the recent turmoil at ''Alphamega''....

16. Cyprus secures €40M boost for green energy storage

The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables....

17. Authorities probe infant abuse by unlicensed childcare worker

18. 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....

19. 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....

20. 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....

21. 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....

22. 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....

23. 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....

24. 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. ...

25. 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....

26. 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....

27. 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....

28. Cyprus struggles to reduce landfill waste, falling behind targets

Cyprus is facing significant challenges in meeting its municipal waste management and recycling targets, prompting concerns from the European Commission, according to a report on Philenews....

29. What's wrong with a little transparency?

There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....

30. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...