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61. Cyprus banks push for green standards with ESG certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

62. Cyprus: The new epicenter of U.S. military strategy in the Mediterranean

In a significant development, the United States and Cyprus are strengthening their defense and security ties, marking a shift in the geopolitical landscape of the Eastern Mediterranean. ...

63. Cyprus delays 15% multinational tax enforcement

Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....

64. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

65. US Ambassador: Cyprus vital for regional stability

In an era defined by conflict and rapidly changing geopolitical landscapes we see just how crucial Cyprus’ role is as a secure pillar of stability in the Eastern Mediterranean region, US Ambassador Julie Fisher said Thursday, addressing an event at the University of Cyprus....

66. Cuellar's Ankara meetings highlight shift in Turkish policy

Maria-Angela Olguin Cuegiar embarked on a diplomatic journey to Turkey following her visit to Athens, marking a pivotal step in her ''go-and-return'' diplomacy initiative, which she launched after her stay in Cyprus....

67. Minister highlights smallest resident population at Pournara

The outlook for Cyprus in relation to migration is positive, as in 2023 a 46% reduction in irregular migrant applications and a 66% increase in returns have been achieved, Interior Minister Konstantinos Ioannou said on Wednesday....

68. Digital Citizen initiative for streamlined services

President Nikos Christodoulides announced a series of policy actions aimed at improving citizens' daily lives and enhancing their overall quality of life, alongside legislative and other initiatives geared towards modernizing state structures and institutions....

69. UNRWA faces EU investigation over Hamas attack allegations

The European Commission has urged the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to grant permission for EU experts to conduct an urgent financial audit....

70. Ancient 'zombie viruses' stir beneath melting permafrost

In a chilling revelation, scientists have unearthed a concerning array of ancient pathogens from beneath the permafrost in Siberia, indicating a potential threat of a bizarre new pandemic looming on humanity’s horizon....

71. Government's €6.6M solar project powers education sustainably

In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings. ...

72. 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....

73. Actors celebrate as grants soar to 40,000 euros

In a significant development, the funding limit for theatrical actors has doubled to 40,000 euros from the previous 20,000, as reported by "K" on Wednesday, January 17....

74. House President praises France’s support for Cyprus in Paris meetings

The strategic cooperation between Cyprus and France in the key sectors of security, defence, energy, tourism, trade and education and the mutual will to further deepen them, were emphasised by the President of the Parliament Annita Demetriou and French officials, with whom she met on Wednesday as part of her visit to France....

75. Cyprus backs UN resolution condemning Houthi attacks on Red Sea shipping

The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......

76. 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....

77. US and UK launch joint operations against Houthis in response to Red Sea ship attacks

As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....

78. EY Cyprus releases the Cyprus Tax Facts Guide 2024

EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....

79. Deloitte’s Tax Facts 2024

80. 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....

81. 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. ...

82. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

83. Finance Ministry undergoes administration overhaul

84. EU Council and Parliament agree on landmark pact on immigration and asylum

The Council of the EU and the European Parliament reached an agreement on the new Pact on Immigration and Asylum, as announced by the Vice-President of the European Commission, Margaritis Schinas, speaking to K....

85. PwC Cyprus recognized for leading the way in ''gender equality''

PwC Cyprus was honored with the renewal of the ''Gender Equality Employer'' Certification at a ceremony held by the Ministry of Labour and Social Insurance on December 15, 2023....

86. EU summit reaches compromise on Euro-Turkish issues amidst Cyprus concerns

The European Union Summit recently brokered an informal compromise on Euro-Turkish matters, redirecting decisions on the Borell/Commission document and proposed ''gifts'' to Ankara to seven pillars...

87. Cyprus faces dilemma as EU puts Turkey's wishes first

On Monday, behind the scenes in Brussels, an agreement was reached and sealed in the evening at the diplomatic level on Euro-Turkish relations....

88. Stylianou's pledge to battle cancer alone at Man of the Year Awards

In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....

89. Cyprus navy to be upgraded, says National Guard Chief

The Navy is implementing a far-reaching modernization program, having among other things enhanced its anti-ship capabilities, while...

90. EU's groundbreaking e-health project unveiled

The planning of the project for citizens’ e-health file will last 30 months, but at the same time the implementation of some pillars of the project will begin, said the Chairman of the National e-health Authority (NeHA), Professor Christos N. Schizas....