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2851. Our Shared Values Shine in Our Support for Ukraine

Even before Russia fired the first shots, the United States and European Union member states, including Cyprus, were united in their repudiation of the false pretenses used to initiate the conflict and clear-eyed about the growing danger Ukraine faced...

2852. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

2853. Man on life support after mystery accident

A British tourist found critically injured underneath a motorcycle in Paralimni has been unable to tell officers what happened, with police investigating a possible collision but not ruling out anything else...

2854. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

2855. Lavrov in Turkey to discuss plans to ship Ukrainian grain

Russian Foreign Minister Sergey Lavrov is due to hold talks Wednesday with Turkish officials on a plan that could allow Ukraine to export its grain through the Black Sea to global markets amid an escalating food crisis....

2856. Three days of mourning for Zeta Emilianidou

White flowers, a candle and a photo were set in the place of Zeta Aimilianidou during the meeting of the Council of Ministers....

2857. Turkey's lack of progress will delay accession talks with the EU

The European Parliament cannot envisage a resumption of negotiations for the accession of Turkey into the EU without clear and significant progress in the field of rule of law and fundamental rights, ...

2858. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

2859. Body of Zeta Emilianidou to be flown to Cyprus Wednesday afternoon

2860. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

2861. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

2862. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

2863. Cyprus received 11,000 asylum applications in the first five months of 2022

Cyprus has received more than 11,000 asylum applications in the first five months of 2022, Interior Minister Nicos Nouris has said, noting that the first line EU-member-states, namely, Cyprus, Greece, Italy, Spain and Malta are estimated to receive 150,000 asylum seekers....

2864. KPMG and CIM offer two scholarships

Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...

2865. Nouris: Over 150,000 migrants expected this year in southern Europe

Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this year as food shortages caused by the Ukraine conflict threaten a new migration wave from Africa and the Middle East....

2866. Greek FM: 'Greece has been trying to reverse the invasion of Cyprus by Turkey for half a century'

Greek Foreign Affairs Minister Nikos Dendias referred to the Turkish invasion of Cyprus to explain Greece's stance on the war in Ukraine and its unequivocal condemnation of the Russian invasion, noting among other things that Greece has been trying to reverse the invasion of Cyprus by Turkey for half a century....

2867. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

2868. Female tourists wanted after hospital incident

Police are investigating an incident in Paphos where a situation at the hospital got out of hand after three female tourists described as intoxicated had an altercation with nursing staff and an officer on duty...

2869. Archbishop ‘populist pick’ signals tough election

The race to the hill got a lot more serious over the weekend after Archbishop Chrysostomos likened independent presidential candidate Nikos Christodoulides to politically unbowed Makarios, prompting a swift response from ruling party Dysi leader Averof Neophytou...

2870. Blood Donation Day

In support to the Nicosia General Hospital blood bank and as part of its CSR initiatives, KPMG in Cyprus organised a blood donation day at its premises at Nicosia, on 31 May. ...

2871. Britain celebrates 70 years of Queen Elizabeth's reign

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne....

2872. Masks no longer required indoors or outdoors as of today, June 1st

As of today, the use of protective masks in indoor and outdoor areas will not be obligatory. Moreover, all Covid-related measures will be lifted in ports and airports in the Republic of Cyprus....

2873. Europol sex trafficking probe lands Cypriot farmer in prison

An elderly farmer in Cyprus was sentenced to ten years behind bars in a sexual exploitation case, after a joint law enforcement operation with Europol led to the discovery of at least two victims in the island’s agricultural sector...

2874. Man sentenced for beach rape in Ayia Napa

A man in Cyprus has been sentenced to prison on rape charges after a young woman last year told police she was molested in the water in broad daylight near a beach bar in Ayia Napa...

2875. Efforts continue for the release of the Cypriot captain on one of the seized ships

Cyprus' Ministry of Foreign Affairs is continuing its diplomatic efforts for the release of a Cypriot captain, a member of the crew of one of two Greek oil tankers recently seized by Iran's Revolutionary Guards in the Gulf. ...

2876. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

2877. 'Cyprus accession to the EU in 2004 was wrong'

The accession of the Republic of Cyprus to the European Union was wrong, German MP Roderich Kiesewetter reportedly told the Turkish newspaper Milliet, stating that Turkey should be admitted to the EU as soon as possible....

2878. Cyprus looking to acquire a presidential aircraft

Discussions surrounding the purchase of an official presidential plane return to the fore....

2879. Europe agrees to ban 90% of Russian oil

European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....

2880. European unity tested as talks on Russian oil embargo drag on

Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....