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1231. Cablenet: The Fastest Growing Mobile Network

1232. US hails Cyprus for its efforts in combating human trafficking

The Government of the Republic of Cyprus has been recognized for its serious and sustained efforts in combating human trafficking, according to the annual report released by the U.S. State Department. ...

1233. Cyprus calls for medicine market reform

Health Minister for Health Popi Kanari said that Cyprus is in favor of the creation of a single market for medicines, and highlighted the problems that Cyprus faces regarding medicine access as a small member state, during the second day of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) of the EU, which was held on Tuesday in Luxembourg in its Health Ministers configuration....

1234. Cyprus struggles with renewable energy and storage gap

Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....

1235. Government ends tax break, fuel and electricity prices to rise

The Director General of the Ministry of Finance, Michalis Pantelis, has expressed the government's intention to end the measure of reducing excise tax on fuel and electricity....

1236. California: Dismantling women's rights in the name of progressivism

Are there still women in California? They seem to have ceased to exist – at least as far as the state’s laws are concerned....

1237. Cablenet and Plume expand partnership in intelligent connectivity for Cyprus homes

Cablenet and Plume joined forces once again in Nicosia to celebrate their successful collaboration and discuss plans for future expansion. The two partners in intelligent connectivity convened to review their market achievements and explore opportunities for growth....

1238. $280B lost in fraud and mismanagement of US Covid relief aid

A recent investigation conducted by the Associated Press has exposed a rampant wave of fraud and mismanagement in the distribution of federal COVID-19 relief aid in the United States....

1239. Groundbreaking court to tackle first home foreclosures

The groundwork for the establishment of a specialized jurisdiction court, which will exclusively handle issues related to the foreclosure of primary residences, will be laid on Thursday....

1240. Almost 130,000 out-of-court fines imposed on road safety

In a recent interview with Chief Sergeant Tasos Asiikkis of the Traffic Department at the Police Headquarters, some astonishing numbers regarding the implementation of photo-recording cameras have come to light....

1241. Cyprus takes a stand for solidarity in EU immigration reform

Minister of Interior Konstantinos Ioannou announced on Friday that Cyprus views the establishment of a mandatory solidarity mechanism as a significant development for the country....

1242. Massive cash haul uncovered at Paphos airport

In a joint operation between the Customs Department and the YKAN (Financial Intelligence Unit), a startling discovery was made at Paphos Airport on Thursday night, 8th June 2023....

1243. The 'holiday scam': Protecting yourself when booking online

An increasing number of individuals are opting to plan their vacations online, a trend that, as observed in previous years, carries potential risks and pitfalls. ...

1244. Ministry of Health condemns illegal fee demands by medical specialists

According to reports, medical specialists contracted with the GHS have been allegedly demanding a €25 fee from patients seeking expedited appointments, which the Ministry of Health states is "clearly illegal."...

1245. Public outcry over traffic violations of mobile camera operators

Camera operators working for a photo verification company are grappling with a complex and challenging situation....

1246. Parliament approves reduced VAT rate on first homes

The plenary session of the Cyprus Parliament passed on Thursday almost unanimously a law allowing for the imposition of a reduced VAT rate of 5% on the first 130 sqm of a primary residence, including both houses and apartments...

1247. Finance minister warns of VAT consequences

With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....

1248. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

1249. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

1250. Minister highlights progress in migration management efforts

During a recent press conference on migration, Constantinos Ioannou, the Minister of Interior, discussed the current state of asylum applications and the return of irregular migrants to their countries of origin between March and May 2023. He emphasized the government's policies and measures to address these challenges....

1251. Wasted potential: Cyprus grapples with renewable energy storage challenges

The Parliamentary Trade Committee of the House of Representatives examined the issue of the absence of renewable electricity storage systems, which leads to the rejection of significant power generation. ...

1252. IMF says Cyprus untouched by war fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

1253. Overcoming obstacles in Cyprus' green transition

Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....

1254. EC urges Cyprus to comply with EU VAT rules for homes

The European Commission has called on Cyprus to comply with EU VAT rules for dwellings by sending a reasoned opinion to the country, included in the Commission’s June infringements package. ...

1255. Government takes bold steps towards inclusion of disabled persons

The government is focused on developing a new national strategy for disability, aiming to enhance the integration and well-being of persons with disabilities. ...

1256. President Christodoulides calls for stronger anti-corruption measures

In a seminar organized by the Cyprus Bar Association on "Independent Anti-Corruption Authority: legislation, practice, and challenges," President of the Republic, Nikos Christodoulides, emphasized the government's commitment to combating corruption and promoting political accountability....

1257. Cabinet approves tax deductions for businesses and extends tax payment deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

1258. Minister calls for duty-free halloumi exports to Australia

Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. Subtitle: ...

1259. An effective foreclosure framework is important, says FinMin

An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....

1260. Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...