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121. 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...

122. 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...

123. Wooing migrant millionaires

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

124. 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....

125. 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....

126. 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....

127. 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). ...

128. 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...

129. '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....

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

131. 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....

132. 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....

133. 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....

134. 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...

135. 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....

136. Deputy Minister of Tourism upbeat over tourist flows from Russia in 2022

Cyprus Deputy Minister of Tourism Savvas Perdios said he received optimistic messages over this year’s tourist flows from Russia, the island’s second-largest tourist market....

137. Netflix features Spetses, while Amazon Prime shoots in Athens

Filming for Amazon Prime France’s new series, “Greek Salad,” scheduled to premiere next year, began in Athens last week. ...

138. 'Climate Change can only be tackled if we act collectively' -Anastasiades

Climate Change is affecting every country and can only be tackled if we collectively act, pledged President of the Republic of Cyprus Nicos Anastasiades....

139. Facebook entrenching Greece on tech map

The Facebook parent company, Meta Platforms, Inc, is reportedly in advanced discussions for the establishment of a Greek subsidiary, under whose umbrella international activities that are currently being implemented in other countries can be transferred....

140. Billionaire Mark Cuban opens online pharmacy to provide affordable generic drugs

Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....

141. A market-based solution to the anti-vaxxer problem

As the world grapples with the fast-spreading Omicron variant and its potentially devastating consequences, a major policy dilemma revolves around how governments might nudge the unvaccinated or partially vaccinated to join the ranks of those who are fully protected....

142. Omicron-related disruptions caused over 4,000 flight cancellations

Over 4,000 flights were canceled around the world on Sunday, more than half of them U.S. flights, adding to the toll of holiday week travel disruptions due to adverse weather and the surge in coronavirus cases caused by the Omicron variant....

143. Greek labor market needs skilled workers

The local labor market will operate under new conditions in 2022, as the last couple of years has already seen the imposition of changes due to the pandemic....

144. In exodus from Lebanon, the well-off find new home in Cyprus

Many well-off Lebanese who escaped their country’s economic tailspin for a new life in the nearby island nation of Cyprus say the transition has been a whirlwind of emotions....

145. Government subsidizes for alternative, zero or low emissions vehicles

The Ministry of Transport, Communications and Works announces that from next Monday, December 6, 2021, the Plan for Withdrawal of Polluting Vehicles and Incentives for Alternative, Zero or Low Emissions of Vehicle Types will be implemented....

146. EU to stand with Cyprus on migration, says Commission Vice President Schinas

The EU will stand with Cyprus in matters pertaining to migration, European Commission Vice President Margaritis Schinas pledged on Tuesday....

147. The technology sector can become the new mainstay of the Cypriot economy

These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...

148. Cyprus gives huge incentives to go electric

Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....

149. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....

150. 'Time is not on the side of a solution'

While giving her perspective on the current challenges and opportunities in the Cyprus issue, Elizabeth Spehar warned of the passing of too much time and that "the more time passes, the greater the possibility that the divide will be entrenched". ...