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181. Businesses fear global tax reform will lead to double taxation

Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....

182. Women say 'NO' to more babies despite Chinese Government urges

Amid a national emergency, China's Communist Party strives to increase birth rates with incentives like cheaper housing and tax benefits....

183. Police arrested for leaking Mafia-style execution video

Two officers of the police’s motorcycle division were arrested on Monday for leaking a video showing the body of a man who was gunned down in a mafia-style execution in the Athens suburb of Neos Kosmos in the early hours of Sunday....

184. Major crime boss gunned down in Greece

New evidence has emerged about the mafia execution of Vangelis Zambounis on Sunday morning in Neos Kosmos. The Hellenic Police are still investigating the case, which is another episode in the bloody cycle of the Greek mafia....

185. Trimiklini scandal unveiled: 15-year licensing nightmare shakes state agencies

The Control Committee of the Parliament heard an outcry from the state services, who took almost 15 years to act on a series of illegal activities......

186. Two suspects apprehended in Larnaca, handed over to occupation authorities

Cyprus authorities have apprehended three individuals aged 46, 37, and 47, shedding light on a case involving the abduction, kidnapping, and murder of Aicha Alav and two Cameroonian suspects. The incident occurred in occupied Nicosia on December 22, 2023....

187. 78% of gyms in Cyprus operate illegally, posing risks to consumers

In a startling revelation, the Pan-Cyprian Association of Gym Owners (PASIGY) disclosed in a press conference on Tuesday that a staggering 78% of private gyms in Cyprus are operating without the necessary licenses....

188. Tension peaks in Cyprus natural gas development

The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......

189. Mayfair shaken by £300K Ferrari collision

A high-octane saga unfolded on the streets of London's Mayfair as a £300,000 Ferrari 296, painted in regal purple, met its match in a collision with a bollard on New Year's Day. ...

190. Landlords urged to be reasonable when pricing rentals

Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....

191. Pharmacist on brink of license revocation over degree dispute

A pharmacist, whose credentials recently came under scrutiny by the state's Pharmacy Services, is now at risk of losing her license....

192. Authorities probe infant abuse by unlicensed childcare worker

193. Non-performing loans take a €95M dive

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August. ...

194. Twenty Akamas wrongdoings reported to the Attorney General

The owners of agricultural premises in the Akamas area are set to face justice for unauthorized interventions and modifications, violating their licenses....

195. BOC to revitalize former Orphanides building by 2026

Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....

196. Cyprus consortium's March deadline for 'Aphrodite' gas field revamp

The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....

197. President's clash with Auditor General escalates

When Nikos Christodoulides expressed bitterness and heartache after the publication of the auditor general's report on the benefits he received as a government representative and seconded civil servant, questions arose about the conflict between the president and the auditor general....

198. Defying dictatorship

In their quiet struggle for freedom and democracy, the people of Belarus represent a beacon of courage and resilience. Despite decades of authoritarian rule and systematic repression, they are relentless in their pursuit of a life of liberty. It is a battle that, especially in this moment of global instability, cannot be forgotten....

199. Major progress in Cyprus as buses gear up for safety boost

Transport Minister Alexis Vafeafis shared optimistic updates on the installation of automatic fire extinguishing systems on buses during a recent interview on state radio. ...

200. 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....

201. Limassol: Six vehicles seized for unpaid fines

In a concerted effort to combat crime, address traffic violations, and enhance overall public safety, the Limassol Police Department conducted extensive checks over the last 48 hours. ...

202. Anastasiades under investigation for alleged firearm ownership abuses

In a surprising turn of events, former President Nicos Anastasiades is facing scrutiny over the possession of two firearms that allegedly belong to the Republic of Cyprus....

203. Citizen pays 500 euros fine in coins at Limassol court

In an extraordinary turn of events at the Limassol Court on Tuesday morning, a routine fine payment took an unexpected and unconventional route, leaving court officials and onlookers in disbelief....

204. Cyprus faces double-digit sanctions violations chaos

Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....

205. Allegations of fake degrees prompt investigation into pharmacists

Concerns regarding pharmacists potentially holding forged degrees have been raised and are now under investigation by Pharmaceutical Services in collaboration with the Police....

206. Binance's Zhao, steps down as CEO

In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....

207. Inside Cyprus's smart policing system - What it really checks

An intelligent policing system (A.N.P.R.) has been deployed at all roadblocks under the Republic of Cyprus's control to swiftly check drivers and detect any irregularities....

208. Unlocking the future of fintech with ECOMMBX: Where money meets innovation

Are you ready to embark on a fintech adventure like no other? Welcome to ECOMMBX, where we’re not just another Electronic Money Institution but game-changers of the industry! Regulated by the Central Bank of Cyprus under license no. 115.1.3.20/2018, we consider ourselves pioneers of innovation in Electronic Money Services....

209. Finance Minister perturbed over 'Cyprus Confidential'

Finance Minister Makis Keravnos expressed dismay over the revelations in ''Cyprus Confidential,'' emphasizing concerns about ongoing portrayals of Cyprus as a problematic financial and investment destination....

210. Mandatory insurance for doctors to ensure accountability

In a move to address recent legal developments, the Democratic Rally (DISY) party in Cyprus has proposed a law requiring doctors to sign contracts with insurance companies and obtain licenses from the Pancyprian Medical Association....