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31. Reduction of electricity VAT from 19% to 9%

Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...

32. Thousands of property assets in Greece are up for auction

The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....

33. Cyprus won’t sign pact if EU doesn’t budge

A letter to the Home Affairs commissioner sent by the MED5 ministers warns Brussels that front line states won’t sign the new pact on migration and asylum unless their demand for a 'balanced' agreement is met...

34. House approves overhaul in Cyprus’ power grid

The Cyprus Transmission System Operator is calling on people and companies who wish to take part in the electricity market to register for training seminars, following the passage of legislation that aims to put an end to state monopoly after years of debate and EU warnings...

35. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

36. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

37. Commission officially registers halloumi PDO

The European Commission announced on Monday the official decision for the registration of halloumi/hellim as a protected designation of origin (PDO) product, protecting it against imitation and misuse across the EU....

38. Health Minister concerned over rule flouters

Cyprus must continue to show good epidemiological figures before any more restrictions can be lifted safely, Health Minister Constantinos Ioannou said Monday....

39. Christodoulides, Dendias hold talks in Athens

Cypriot Foreign Minister Nikos Christodoulides met with his Greek counterpart in Athens on Friday on the sidelines of the Friendship Forum held Thursday in what was seen as an effort by Greece to expand its network of allies from the Mediterranean to the Gulf....

40. Report on passport scheme to be released, President says

President Anastasiades said the report of the investigative committee spearheaded by Securities and Exchange Commissioner Demetra Kalorigou on the island’s disgraced citizenship-by-investment program will be released next Tuesday....

41. DIKO raises conflict of interest for AG

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

42. Domestic violence figures maintain concerning climb

The police’s domestic violence unit received 180 complaints in September and October and made 29 arrests, justice minister Emily Yioliti said Wednesday. Meanwhile, the association for the prevention and handling of violence in the family (SPAVO) said it has marked an increase of 40% in calls received at the 1440 helpline....

43. Police request for 'golden passports' documents from Parliament unconstitutional, lawyers say

Lawyers from whom Parliament requested advice after law enforcement officials said they would crack down on the Cyprus Papers whistleblower(s) said Parliament’s non-compliance with police requests for documents relating to the investment scheme is reasonable, as such a request is “not constitutionally legitimate”....

44. Passports under the watchful eye of the Commission

45. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

46. Cyprus police looking into Al Jazeera document leak

Cyprus law enforcement officials have been investigating since June 3 how the foreign media network Al Jazeera, that has this week published a series of articles and videos on the island’s citizenship-by-investment program, got hold of the leaked documents on which it built its exposé....

47. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

48. Cyprus ready to push on migration question

Interior Minister Constantinos Petrides is drafting a letter for his EU counterparts, in which he is expected to formally ask for a number of individuals under protection status in the Republic of Cyprus to be relocated to other member states...

49. Bank culture should change Central Bank Governor says

50. Erdogan against the US, Europe, Israel and Egypt

51. Transparent rules for all on EU citizenship Katainen says

52. House shifts into gear with Sunday bad loans session

It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...

53. Cabinet okays homeowner plan ahead of crucial House session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...

54. House prepares to define good and bad borrowers

The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...

55. Government welcomes Diko support on bad loans

The Cyprus government says it can work with opposition centrist party Diko to pass much needed comprehensive legislation on bad loans that would also pave the way for a co-op deal to go forward...

56. Co-Op deal with Hellenic still up in the air

The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...

57. Government throws Co-Op ball in Hellenic’s court

The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...

58. Hellenic moments away from CCB offer

The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...

59. A lingering crisis

Ever since the failed 2016 coup, Erdogan has been looking at the world through the prism of a conspiracy theorist...