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61. 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....

62. 380 CYTA employees on the brink of departure

In an effort to further reduce operational expenses and renew its workforce, Cyta has implemented another voluntary employee exit plan, targeting individuals who meet specific conditions....

63. Government takes bold steps towards inclusion of disabled persons

The government is focused on developing a new national strategy for disability, aiming to enhance the integration and well-being of persons with disabilities. ...

64. Unleashing potential through a revised recovery plan

The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....

65. FBI reveals plot to kill Queen Elizabeth II during 1983 US visit

Queen Elizabeth II faced a potential assassination threat during a 1983 visit to the US, newly released FBI documents show....

66. 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...

67. Cyprus resolute on natural gas plans despite geopolitical reactions

Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....

68. Turkey's illegal Navtex sparks outcry as Cyprus government responds

The new Navtex issued by Turkey is illegal, Government Spokesperson Konstantinos Letymbiotis, told CNA on Monday, stressing that the national airspace, FIR and maritime area are the responsibility of the authorities of the Republic of Cyprus....

69. 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....

70. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....

71. Moscow accuses Kyiv of trying to assassinate Putin

President Vladimir Putin's office reported that Ukraine carried out two drone attacks overnight with the intention of hitting the Russian President's Kremlin residence....

72. MINTHIS Spa wins a Gold Award in Cyprus Tourism Awards

We are proud to announce that MINTHIS and its world-class destination Spa has won a prestigious award at the Cyprus Tourism Awards 2022. ...

73. Whistleblower suspicious of Biden's Cyprus trip in 2014

A former White House stenographer is accusing US President Joe Biden of committing crimes a decade ago in connection with Ukraine and Cypriot-registered gas company Burisma, while also raising suspicions over a private dinner in Limassol back in 2014...

74. Pre-book your security check at Schiphol airport and avoid long queues

Schiphol Airport has announced that passengers can now go through the security check at a time of their choice by simply reserving a time slot before departure....

75. 'Almost Alice': A magical new twist on Wonderland!

Once upon a time, there was a driven and focused 16-year-old student named Alice who found herself in detention at The Senior School in Nicosia. ...

76. Newly appointed presidential advisors to work pro bono

President Nikos Christodoulidis has appointed two new special advisors to his team to help with economic affairs and crisis management, respectively....

77. New Jersey and Cyprus armies tie the knot

Cyprus and US relations have never been stronger, Minister of Defence of the Republic of Cyprus Michalis Giorgallas has stressed during the signing ceremony of a State Partnership Program between the Republic of Cyprus and the New Jersey National Guard...

78. High prices continue to plague the market

79. Saturday's blackout caused by increase in renewable energy usage

Sotos Savva, president of the Association of Scientific Power Generation AHK (SEPAIK), linked problems caused by the increased use of renewable energy sources, particularly the majority of photovoltaic panels, to Saturday's 15-minute power outage across Cyprus....

80. UBS steps in to buy rival Credit Suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

81. Italy weighs in as Cypriot fund goes after Lukoil plant

An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...

82. March Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

83. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

84. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

85. Afghan women protest ban on female education

Young Afghan women gathered outside Kabul University on Monday to protest the ruling Taliban’s ban on female education as their male peers returned to school for a new academic year and the United Nations heard the restriction may amount to a crime against humanity....

86. Parisian opera house that inspired ‘Phantom of the Opera’ becomes an Airbnb

For a limited time only, a Parisian opera house box seat typically reserved for visiting dignitaries is being transformed into an Airbnb and priced for the ridiculously reasonable €37 per night....

87. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

88. EC: Tiktok banned on government issued phones

The European Union's executive branch said Thursday that it has temporarily banned TikTok from phones used by employees as a cybersecurity measure, reflecting widening worries from Western officials over the Chinese-owned video-sharing app. ...

89. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

90. Lagarde announces a new interest rate hike in March

European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....