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61. Cyprus gains investor confidence as economic reforms and US ties bolster growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

62. Increase in missing minors from Cyprus juvenile homes raises alarms

Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....

63. Cyprus finance chief moved amid questions over government transparency

Papnayiotis Rougalas reports in this Sunday's Kathimerini that the Council of Ministers of Cyprus announced a significant reshuffle on Thursday,...

64. Germany: €60 billion budget shortfall rocks Europe's largest economy

Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....

65. President urges faster completion of 88 major projects

Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...

66. Cyprus seeks to amend recovery plan amid project struggles

The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...

67. A picture is worth a thousand words!

Former President Donald Trump made an unusual appearance at a McDonald’s in suburban Pennsylvania on Sunday, attempting to present himself as......

68. Tornaritis calls MEP Fidias ‘Hitler’ during tense TikTok debate

A TikTok live session hosted by popular Cypriot influencer Nana ignited intense debate last night, featuring newly elected Member of the European Parliament (MEP) Fidias Panayiotou and businessman Christophoros Tornaritis...

69. Annual International Meeting of the Contact Committee

The Audit Office of the Republic of Cyprus is organizing the Annual Meeting of the Contact Committee, which it chairs, at the Cap. St. Georges Hotel & Resort in Paphos, on Wednesday and Thursday, October 16 and 17, 2024. ...

70. Limassol and Larnaca set for greener urban transport

Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....

71. Soaring prices of fruits and vegetables hitting consumers hard

Cypriot consumers are feeling the pinch as the prices of fruits, vegetables, and greens have surged, making it harder for households to purchase these essential goods....

72. Attorney General and Auditor General vow strong cooperation

Attorney General George Savvidis and newly appointed Auditor General Andreas Papaconstantinou are determined to work closely together for a smooth and effective partnership. ...

73. Cypriot economy shows resilience, growth outpaces EU average

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......

74. Cyprus worried about inflation as tensions rise between Israel and Iran

The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....

75. EU takes Cyprus to court over tax law delays

The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....

76. Deloitte Cyprus issues its annual Transparency Report: Fostering resilience, creating enduring value

Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...

77. President Christodoulides urges stronger oversight with new Auditor General

Andreas Papaconstantinou was officially appointed as Cyprus' new Auditor General on Wednesday, following a ceremony at the Presidential Palace with President Nikos Christodoulides. ...

78. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...

79. Cyprus abolishes planning permission for low-risk developments

According to a report by Kathimerini's Pavlos Neophytou, effective October 2, 2024, Cyprus will eliminate the need for planning permission for low-risk developments, such as the construction of one or two residential units. ...

80. U.S. business leaders eye investment opportunities in Cyprus

U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York....

81. Cyprus falls behind on EU recovery plan, meets only 5% of targets

In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....

82. Andreas Papaconstantinou to become the new Auditor General

Cyprus President Nikos Christodoulides appointed Andreas Papaconstantinou as the Republic's new Auditor General. ...

83. Building permits surge 150% in June amid major reform

Building permits issued in Cyprus saw a massive 150% jump in June 2024 compared to the same month last year, as authorities worked to clear a backlog ahead of a major reform. ...

84. Dutch government requests opt-out from EU asylum rules

The Netherlands’ new coalition government, led by Geert Wilders’ far-right Party For Freedom (PVV), has requested an opt-out from the European Union’s asylum rules,...

85. IRS experts aid Cyprus in combating money laundering

In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....

86. Christodoulides to join world leaders at UN's 'Summit of the Future'

Cyprus President, Nikos Christodoulides, is expected to participate in the Summit of the Future, a high-level global summit convened by the United Nations (UN), which will take place on Monday 23rd of September 2024 at the UNHQ in New York....

87. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

88. Cyprus secures majority of EU funds, with minor tax reform pending

The European Commission has given Cyprus the green light for most of its request for €152 million in funding as part of the EU’s Recovery and Resilience plan, which aims to boost economies after the pandemic. Out of 38 goals Cyprus needed to meet, 37 were approved....

89. Homebuyers face mounting debts as developers' loans go unpaid

90. Cypriot President criticized for overtime and pension controversies

Last September, Cypriot society witnessed the debacle involving Doxa Komodromou, who, despite being an official, billed the state for overtime at the president's request for events and speeches outside regular hours....