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241. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

242. Rhapsody courtesy stop unpacks Cyprus’ game plan

Cypriot officials were stoked on Tuesday when the Rhapsody of the Seas made a brief stop at the Ayia Napa Marina, a moment filled with high expectations for the island that hopes to attract cruise ships in its southeastern shores...

243. Greek government uses citizens to report tax evaders

The Independent Authority for Public Revenue (AADE) is about to launch a new smartphone app in the coming days whereby citizens will be able to check whether the receipts they received are genuine....

244. Presidential candidates on the move as campaign heats up

The presidential election campaign trail over the weekend ended with the Cyprus Green Party deciding next month on the name of the presidential candidate it will support. ...

245. Ryanair blames 'lack of incentives' for closing its Athens hub

The intense competition in the domestic market, which started to shrink Ryanair’s share, is the reason why it decided to close its base in Athens this winter....

246. Masks no longer required, but with some exceptions

Minister of Health, Michael Hadjipandela, made statements following the Cabinet meeting today, followed by a further briefing by the communication officer of the Ministry of Health, Constantinos Athanasiou....

247. Leadership and management in the tourism industry

The demands of tourists, especially after the coronavirus pandemic, seem to be constantly changing and for this very important reason, businesses should incorporate new management methods, focusing mainly on a more humane approach to the customer....

248. Fair State. Five proposals to fight corruption

In the Cyprus of 2022, corruption has permeated all levels of our society. The extent of the problem needs to be ascertained first. Then, the diagnosis of its causes. Finally, but most importantly, the specific proposals to combat it....

249. The enclave live under dire conditions in the occupied side

It is not an exaggeration to say that the enclaved have remained in their homeland, in the Turkish-occupied north of Cyprus, under dire conditions and are struggling on a daily basis for their survival until the day the island is freed and reunified....

250. House clamps down on glamping aspirations

Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...

251. Minister urges traveling Cypriots to fly off-peak

Cypriots are being asked to postpone summer travel during the pick season in order to ‘help not only themselves but also the airlines and airports,' after a crisis in the aviation industry made a crash landing in Europe...

252. Wooing migrant millionaires

Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year....

253. MAP S.Platis Group Pioneers 32-Hour Work Week for Staff This Summer!

Following the success of its hybrid and flexible work schedule during the past two years, MAP S.Platis Group, a leading consulting, educational, and tech firm in the financial services and regulatory compliance sector in Cyprus, announces the launch of a four-day work week for its staff via its ‘Summer Afternoons’ programme....

254. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

255. Bike subsidy plan to be modified to benefit vulnerable groups

The Minister of Transport, Communications and Works, Giannis Karousos, announced today amendments to the Incentive Plan for the purchase of a bicycle in order to allow more vulnerable groups to apply for bike subsidies....

256. How meritocracy reinforces inequality

We normally have unexamined certainties to guide us through daily life. But few people are so gifted at shaking those certainties than Michael Sandel....

257. 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....

258. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

259. SBA land run rules in foreign investors

More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...

260. 'The Cypriot economy must be diversified'

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....

261. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

262. Revoking golden passports to Russians ‘impossible’

An EU recommendation to member states to recall passports issued to Russian and Belarusian oligarchs on the bloc’s sanctions list puts Cyprus in an awkward position....

263. Russians pile into property in Istanbul and Dubai to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....

264. Op-ed: 'The world needs to come clean about dirty money'

On a spring ski break in Colorado last week, I found the town of Aspen buzzing with talk about Roman Abramovich. While the Russian oligarch has rarely been seen in the resort in recent years,...

265. Fast track procedure for building permits

More than 2,500 building permits have been issued under the new, fast-track procedure since it was implemented in October 2021, Interior Minister Nicos Nouris said on Saturday addressing the 29th General Assembly of the Cyprus Association of Civil Engineers....

266. Cyprus produced 543,000 tons of solid waste in 2020

Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....

267. Where have wealthy Russians disappeared to?

It stretches into the Persian Gulf from Dubai. The man-made archipelago in the shape of a huge palm tree is full of luxury hotels, apartments and villas....

268. EC approves €6.13 million Cypriot incentive scheme for airlines affected by pandemic

The European Commission has approved a €6.13 million Cypriot incentive scheme geared to support airlines affected by the coronavirus pandemic, having found it to be in line with the Temporary State Aid Framework of the EU....

269. Op-ed: A new strategy for immigration

The new strategy will combine the peculiarities of the Greek economy with the inviolable request to combat illegal immigration, by multiplying Greece’s cooperation with third countries...

270. Cyprus feels the need to transform shipping into a low carbon industry, says President

As a leading maritime nation, Cyprus feels responsible to accelerate the transition of shipping to a low carbon and climate-resilient industry, President Nicos Anastasiades said on Friday, addressing the One Ocean Summit taking place in Brest, under the aegis of the EU French Presidency....