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121. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

122. Cyprus unveils plans for world's first virtual dance museum

In the heart of ancient Nicosia, Cyprus, a team of innovative professors and research scientists is making waves in the world of virtual dance. Nestled near the city's medieval wall, they are crafting the largest database of 3D dancers, aiming to establish the world's first virtual museum of dance....

123. Greek government to sell its stake in Piraeus Bank, anticipates high demand

Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....

124. Porsche's new Panamera e-hybrids: Faster, greener, better

Porsche presents two new e-hybrid variants of the Panamera...

125. EU unveils stricter fiscal rules for member states

The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...

126. Bank of Cyprus posts nearly half a billion euro profit in 2023

Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....

127. ECOMMBX Teams Up with NBA Sensation Sasha Vezenkov in a Groundbreaking Partnership

In an electrifying announcement that has the sports and business worlds abuzz, ECOMMBX is thrilled to unveil NBA star Sasha Vezenkov as its new brand ambassador. This dynamic partnership marks a significant milestone in ECOMMBX's journey, symbolizing an era of unparalleled excitement and growth....

128. Cyprus faces €40M setback in smart meter implementation

A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....

129. Lawmakers debate landmark same-sex marriage bill

In an ironic twist, Greek lawmakers began a heated debate on Valentine's Day over a landmark bill proposing the legalization of same-sex marriage. If approved, Greece would become the first Orthodox Christian country to legalize such unions....

130. Porsche unleashes powerhouse Taycan with enhanced performance

Higher, faster, further and coming to Porsche Centres in the spring of 2024....

131. Cabinet approves €17M sponsorship scheme for business energy upgrades

The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....

132. Porsche's latest Taycan surprises with 587km real-world range

Initial test drives with pre-series Taycan between Los Angeles and San Diego showed that the new generation of the electric sports car has a total range of up to 587 kilometres....

133. Macan sets new standards: the first all-electric SUV from Porsche

134. Will the far-right push Germany towards a Dexit?

In an exclusive interview with the Financial Times, Alice Weidel, leader of Germany's far-right Alternative für Deutschland (AfD), expressed support for a ''Dexit'' referendum, citing the UK's Brexit as a model for Germany. ...

135. Mythologizing Nikos Koshis

The portrayal of Nikos Koshis as a role model for combating organized crime, being showcased on various TV stations whenever crime rates surge, has consistently caused me significant embarrassment....

136. Germany's model links retirement age to life expectancy

The consequences of an aging population have for many years been a headache for many countries, including Greece, and have provoked opposition from many politicians and public opinion,...

137. Dr. George Georgiou of UNIC awarded the ''Cyprus Research Award – Young Researcher 2023'' by RIF

Dr. George Georgiou from the Department of Languages and Literature of the University of Nicosia has been awarded the prestigious ''Cyprus Research Award – Young Researcher 2023'' ...

138. Arnold Schwarzenegger detained at Munich Airport over unregistered luxury watch

Arnold Schwarzenegger, the renowned actor and former Governor of California, has encountered a legal hurdle at Munich Airport where he is reportedly being detained and questioned under tax law....

139. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

140. Greek millionaire's $2M gift transforms village

In a surprising twist of fate, the legacy of a frugal Greek millionaire, Steven Zonas, unfolded in 1980, revealing a hidden fortune that transformed his native village, Mexiates in Phthiotis, Greece....

141. USA: Detroit unveils groundbreaking electric charging road

Detroit has reportedly unveiled new technology beneath its streets after a year of waiting, with electric vehicles able to get a boost that could ultimately make range anxiety a thing of the past....

142. Putting the new Macan through its paces in the name of performance and efficiency

Porsche is putting the prototype of the all-electric Macan through an exacting and gruelling test programme to prepare the follow-up to the successful SUV for its upcoming world premiere. ...

143. Cypriot scientist revolutionizes agriculture with soil-free crop growth

Growing crops without soil may sound like a contradiction, but for the research team "Eplants" (Electronic Plants) at Linköping University, Sweden, led by Associate Professor Eleni Stavrinidou, it is not only possible, but also groundbreaking....

144. Minister Michaelidou unveils ambitious strategy for sports talent development

All the necessary policies and actions are being adopted to promote talent in sport and to ensure an environment with equal opportunities and equal participation for all,...

145. Christodoulides' strong message: Ignore sirens, focus on governance

The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....

146. iPhone survives 5,000-meter fall from Boeing

In a dramatic turn of events for aviation giant Boeing, the anticipation surrounding the approval of new models of its best-selling MAX jet has been overshadowed by a mid-air breach that has thrust the planemaker into the regulatory spotlight....

147. January Newsletter of K. Treppides & Co Ltd: EIOPA

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....

148. Far-right and conservatives gain momentum in Europe

The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....

149. CIFA projects optimistic 2024 for Cyprus investment funds amid challenges

The Cyprus Investment Funds Association (CIFA) has expressed optimism for the Investment Funds sector in Cyprus in 2024, projecting another positive year despite existing challenges and uncertainties, according to a press release. ...

150. COVID-19 JN.1 sub variant surpasses 3000 cases

Coronavirus outbreaks are increasing in Cyprus and Europe in general, following the emergence of the ''Omicron 2'' JN.1 sub variant....