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421. Bank of Cyprus to reduce its employees by 500 in 2022

422. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

423. Greece experiencing significant staff shortages at hotels

Greek hotels are looking to fill 55,000 positions this summer, during what is expected to be a very busy season, according to hoteliers....

424. Petrides: 'Things will be difficult in the coming years'

The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....

425. Tax incentives for businesses looking to relocate to Cyprus

The Cypriot government on Tuesday approved a bill with tax incentives aiming to attract talent and promote headquartering in Cyprus, in line with the Strategy for Attracting Businesses for Activities and/or Expansion of their Activities in Cyprus approved by the Council of Ministers in October 2021....

426. Labor inspections island-wide during the month of May

The Ministry of Labor, Welfare and Social Insurance will be carrying out spot inspections island-wide in May at leisure centers and cafes to combat undeclared labor and to ensure that businesses are complying with basic labor laws, the Ministry announced....

427. Op-ed: ESG, DEI and other acronyms and why we need to know about them IMHO*

Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....

428. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

429. Furious US Chief Justice confirms leaked draft on abortion rights is authentic

A furious Chief Justice John Roberts has confirmed that the bombshell draft opinion leaked to Politico, in which the Supreme Court’s conservative majority moves to overturn Roe v. Wade, is indeed authentic....

430. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

431. Anastasiades: The protection of employees' rights is a priority

President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....

432. Census takers face hostility in Cyprus

Census workers in Cyprus are facing hostile residents during the ongoing campaign, as many citizens say they are worried about their personal information also being collected for sinister purposes...

433. KPMG in Cyprus supports the Pancyprian Volunteerism Coordinative Council’s campaign ''Adopt a Family for Easter''

For yet another year, KPMG in Cyprus has embraced the 8th campaign ''Adopt a family for Easter''....

434. NYC subway station shooting leaves multiple wounded

The New York Police Department confirmed that a shooting took place at a Brooklyn subway station Tuesday morning during peak commuting hours for employees headed into Manhattan....

435. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

436. No more masks outdoors and an end to Safe Pass

The Cabinet of Ministers adjourned at noon today, but not before approving a set of new relaxed covid measures put forth by the Scientific Advisory Committee after yesterday's assessment and meeting with the Minister of Health Michalis Hadjipandelas....

437. A candy-striped airline that takes the humdrum out of flying

Most airplane exteriors look more or less the same -- white backdrop, bold lettering, company logo -- but every now and again, an airline unveils a livery that stands out from the pack....

438. Poland calls on EU to halt issuance of Schengen visas to Russians

Poland wants the Schengen Area countries to completely stop issuing Russians visas for short-term stays in the 26 Schengen countries as a part of the sanctions imposed due to the ongoing invasion of Ukraine by the Russian military....

439. High concentrations of dust continue to plague Cyprus

Cyprus continues to be plagued by high concentrations of dust on Tuesday, according to measurements from ground Stations of the Air Quality Monitoring Network....

440. Wargaming ceases operations in Russia and Belarus

Wargaming has decided that it will not maintain or operate any business in Russia or Belarus....

441. Overcoming talent crunch and supply chain upheaval among biggest success indicators for tech in 2022

Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....

442. Credit Suisse in the hot seat for telling its clients to shred evidence

Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....

443. Exness opens its doors to university students of Cyprus

Exness, a fintech company specialized in trading, with headquarters in Limassol, announces its Open Doors Day, welcoming students from all Cyprus universities and all majors to two of its offices. ...

444. Union crowd turns violent over strikebreaker bus driver

A crowd of bus company workers on strike in Nicosia became aggressive after a march on Wednesday, with police officers unable to clear way for a driver who broke ranks and attempted to get back to work...

445. NIPD Genetics supports the Association of Rare Genetic Diseases ''Unique Smiles''

One of NIPD Genetics’ foremost priorities is to implement awareness-raising activities to support people with common and rare diseases. In light of Rare Diseases Day, NIPD Genetics gave their donation that was collected as part of the ''Jeans for GENES- Wear that you care'' campaign. ...

446. Time to lift 'unjust' sanctions on Turkey's defense industry, Erdogan tells Biden

Turkish President Tayyip Erdogan told U.S. President Joe Biden in a phone call on Thursday that it was past time to lift all "unjust" sanctions on Turkey's defense industry....

447. Europe's banks reveal billions worth of Russia risk as sanctions bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

448. Coca-Cola, Starbucks and McDonald’s suspend operations in Russia

Coca-Cola, Starbucks, and McDonald’s have suspended operations in Russia in response to its invasion of Ukraine....

449. Stolichnaya Vodka will now be marketed simply as 'Stoli'

The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder's "vehement position" against the Putin regime and the Russian invasion of Ukraine....

450. Concerns over bioweapons emerge in Ukraine

Washington warned this week that Russians could plan a biological or chemical attack in Ukraine, in response to Moscow’s claims that Russian armed forces obtained evidence of US-sponsored research as well as calls for American officials to come clean...