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511. Turkish president orders completion of illegal airport infrastructure

After the order of the Turkish President to complete and inaugurate the new runway and terminal of the illegal airport in Tymbou on July 20, action has been taken by the "government," writes Geni Duzen, noting that the "regulation" for the "certification of construction, development, licensing, and operation of airports (amendment)" and the "regulation" for the "principles and procedures to be applied in construction tenders (Amendment)" has been published in the "official gazette."...

512. House Speaker pals around with small-state colleagues

House President Annita Demetriou participates in the 16th Conference of the Presidents of the Parliaments of Small European States which began on Monday in Luxembourg...

513. Cyprus farmers voice alarm over plant protection regulation

The European Commission is addressing farmers' concerns regarding the proposed regulation on plant protection in the European Union. They assure that the implementation of the new rules will be gradual, aiming to minimize any impact on production and food prices....

514. New policies create passenger backlash at Limassol Port

On Sunday, a wave of reactions was triggered at Limassol port as citizens became aware of a new policy set to be implemented this year by the Deputy Ministry of Shipping. ...

515. This is how Lara will be developed

The reform of local government undeniably represents a crucial stride towards modernizing our state....

516. Almost 108,000 drivers exceed speed limits

Since the official implementation of the photo certification system on January 1, 2022, a staggering total of 132,982 out-of-court complaints have been filed....

517. Cablenet: The Fastest Growing Mobile Network

518. President's commitment to empower justice in Cyprus

The existence of an independent, strong, and efficient judicial system is the greatest guarantor of the rule of law and the supremacy of the Law, Cyprus President Nikos Christodoulides said on Thursday, while addressing an event at the Supreme Court on the occasion of the implementation of the justice reform laws and the swearing in of the judges of the newly established Court of Appeal....

519. 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....

520. Almost 130,000 out-of-court fines imposed on road safety

In a recent interview with Chief Sergeant Tasos Asiikkis of the Traffic Department at the Police Headquarters, some astonishing numbers regarding the implementation of photo-recording cameras have come to light....

521. €1 million to boost Turkish Cypriot cheese exports

The European Commission's EU-funded assistance program aimed at eradicating zoonotic diseases (those that jump from animal to human) in dairy animals in areas not under the effective control of the Government of the Republic of Cyprus was officially launched today....

522. Regulatory change delays electric air taxi market entry

The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers. ...

523. Parliament approves reduced VAT rate on first homes

The plenary session of the Cyprus Parliament passed on Thursday almost unanimously a law allowing for the imposition of a reduced VAT rate of 5% on the first 130 sqm of a primary residence, including both houses and apartments...

524. 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....

525. President Christodoulides calls for stronger anti-corruption measures

In a seminar organized by the Cyprus Bar Association on "Independent Anti-Corruption Authority: legislation, practice, and challenges," President of the Republic, Nikos Christodoulides, emphasized the government's commitment to combating corruption and promoting political accountability....

526. Nicosia's camera system gets an upgrade

As of June 6, 2023, the traffic camera system in Nicosia will undergo an expansion with the installation of new cameras at two controlled intersections. The move aims to improve surveillance and regulation of traffic in the area....

527. Natural gas a priority for affordable electricity generation

The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....

528. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

529. EU launches innovative support center for Green Line trade

The European Commission has announced the establishment of an information and support center, in collaboration with the Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (TCCC), to facilitate legal trade across the Green Line for Cypriot businesses and individuals....

530. 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. ...

531. USA: Child labor seen as solution to labor shortage

Lawmakers in several states, predominantly Republicans, are pushing for legislation that would relax labor laws for children, allowing them to work in more hazardous occupations, longer hours on school nights...

532. School bus safety: 32 Complaints only this year

The House Transport Committee scrutinized the safety of buses, particularly those transporting students and citizens, during its session on Thursday, May 25. ...

533. EBA tightens its grip in response to sanctions

Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...

534. CBC urges banks to embrace transformation for sustainablefuture

Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....

535. AI warning: Urgent government intervention needed, says OpenAI CEO

Tech companies are in danger of unleashing a rogue artificial intelligence that will cause “significant harm to the world” without urgent intervention by governments, the creator of ChatGPT has admitted....

536. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

537. Cypriot commissioner wants women out of sex work

Cyprus’ gender commissioner is on a mission to steer debate on ending prostitution, saying she wants to criminalize paid sex and offer 'a way out' for women in the unregulated industry of the world’s oldest profession...

538. Sales of halloumi are increasing

The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....

539. 'Full speed ahead to manage the partition'

Varosha was considered the last hope for a solution to the Cyprus problem and was "the negotiating card" of the Turkish side, as the former leader of the Turkish Cypriot community, Mehmet Ali Talat,...

540. Murdered sex worker from Ukraine still unnamed

More details have emerged in the brutal murder of a woman from Ukraine, with Cypriot police focusing primarily on a single male suspect while also arresting her female friend, a key witness who says she had booked an extended paid sex appointment for the victim on the night she was killed...