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451. Google DeepMind CMO at the Digital Agenda Cyprus summit

Dex Hunter-Torricke, the Chief Communications Officer of DeepMind and a close associate of Elon Musk and Mark Zuckerberg, is coming to Cyprus....

452. Micro Louis Vuitton 'OnTheGo' tote sells for $63,000

Handbags come in tons of different sizes. There are huge totes, tiny clutches, and the practical kind of purses that Queen Elizabeth used to wear in the crook of her elbow....

453. Gasoline and diesel prices expected to drop

Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....

454. Approval of additional budget at risk due to parking problems

The approval of the first supplementary budget for 2023, amounting to 361 million euros, may face obstacles due to the lack of adequate parking spaces at the new Ministry of Labor building....

455. Cyprus commits to EU's greenhouse gas emission targets

The participation of Cyprus in the ambitious climate target set by the European Commission for at least a 55% reduction in greenhouse gas emissions by 2030, based on the new package of European legislation Fit For 55, includes further emissions reductions in all sectors....

456. Government asks House for money to pay for unbought vaccines

The House finance committee met on Monday to discuss a supplementary budget that would include additional funds to buy more COVID vaccines but also pay fines for fewer orders due to low demand...

457.  Land sales surge in Akamas

The irregularities observed within Akamas' protected area, as highlighted in last Sunday's report by "K," appear to be just one aspect of a broader issue emerging in anticipation of the implementation of the local plan in September....

458. Limassol Beer Festival returns with a bang

The highly anticipated MEDFEST - Limassol Beer Festival is set to make its grand return for its fourth edition, promising an even bigger and more impressive experience....

459. Israeli deal fuels Cyprus arming Ukraine rumors

Cyprus has emerged in media reports as the 'unknown European country' that negotiated to buy Israeli Merkava tanks, fueling persistent rumors that dozens of the island’s Russian T-80 were set aside for Ukraine in a so-called swap deal...

460. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

461. France, Belgium, Cyprus, Estonia, and Hungary collaborate on air defense systems

France, Belgium, Cyprus, Estonia and Hungary signed a letter of intent for the joint purchase of the French Mistral air defense systems, two sources aware of the matter said on Monday....

462. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...

463. Cyprus still vague on Ukraine swap deal

Cypriot President Nikos Christodoulides declined to say whether any of the island’s Soviet-made defense systems could end up in Ukraine, pointing to Turkey and budget concerns but also echoing a broader ambiguity as EU allies argue over the best defense strategy...

464. The President's omissions and unaddressed issues

Flanked by his cabinet and through a 24-page document, the President of the Republic presented the program and actions of the government from his first day in office until today. ...

465. Maritime security partnerships for Cyprus

The Republic of Cyprus and the United States have achieved a mutually beneficial deepening of defense cooperation during their second meeting of the bilateral Security and Defense Dialogue....

466. Temporary VAT reduction on essentials estimated at €14.5 million

In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....

467. 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....

468. Backlash over Cyprus' VAT refund change

The recent decision made by the Department of Customs to raise the expenditure limit for VAT refunds to third-country travelers visiting Cyprus is receiving criticism for its adverse effects on tourism expenditure....

469. 17% of Cypriots admit to purchasing fake goods

According to a report from the European Union Intellectual Property Office (EUIPO), Cypriots have admitted to accessing content illegally, particularly for watching sports. ...

470. Aegean and Cyprus Airways join forces with code-sharing agreement

In a significant move that aims to enhance connectivity and offer improved travel options, Aegean and Cyprus Airways are preparing to announce strategic cooperation through a code-sharing agreement....

471. 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. ...

472. Declining new loans in Cyprus signals economic shifts

In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...

473. 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....

474. 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....

475. Drones revolutionize Russia-Ukraine conflict

The war between Russia and Ukraine is witnessing an increasing use of drones alongside conventional weapons....

476. April records a decrease in loan volumes

The Central Bank of Cyprus announced in a press release on Tuesday that total new loans decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month....

477. The MBS Wellbeing Day

478. 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. ...

479. 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. ...

480. Larnaca man sentenced for assaulting woman holding infant

In a recent ruling, the Larnaca District Court sentenced a 44-year-old man to eight months in jail for assaulting a 29-year-old woman from Congo who was holding her infant last July....