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1. Nicosia ring road faces setbacks, delays and budget overruns

The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....

2. Greek workers strike paralyzes transport services

In Greece, transport services came to a standstill on Wednesday as workers across various sectors participated in a 24-hour strike, demanding higher pay to offset the increasing cost of living...

3. Akamas road irregularities demand answers

A series of pressing questions has emerged concerning irregularities in the initial phase of the road network construction in Akamas....

4. Police seized gun from Turkish taxi driver in Famagusta

A Turkish taxi driver who was accused of selling guns in the free areas of Cyprus was arrested by the police on Tuesday (27/02) in the province of Famagusta....

5. High demand for electric vehicle subsidies as applications surge

In response to the subsidy schemes for electric vehicles, the Road Transport Department reports significant interest since the application process began on Saturday....

6. Cyprus development expenditure: 2023 surpasses €1B

The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....

7. EU's Schinas criticizes veto use, stresses need for compromise

European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....

8. Traffic woes make Nicosia's core the key to urban transformation

Traffic is one of the most pressing issues that need resolution. While all cities face similar problems, Nicosia leads the pack. Focusing on Nicosia, the state's main effort is concentrated on developing the regional road network—an effort I not only agree with but advocate for intensifying. ...

9. Enhanced arrival procedures and road closures at Cyprus airports

In a recent statement posted on social media, Hermes Airports announced that passengers should arrive at Larnaca and Paphos airports three hours prior to their flight departure time, citing enhanced security measures....

10. Singapore drivers hit with £88,000 bill just to own a car

Drivers in Singapore now need to pay £88,000 for the right to own a car - and that doesn't include the cost of the vehicle itself....

11. Taxi driver protest sparks traffic chaos in Nicosia

This morning, a protest led by taxi drivers took place in Nicosia. The event has already concluded....

12. From fines to fine lines

The face of the honorable Minister of Transport, Alexis Vafeadi, conveyed a different message compared to his statements before the Parliament's Transportation Committee....

13. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

14. AstroBank offers diverse properties for sale across Cyprus

AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....

15. Larnaca - Piraeus ferry ready to set sail in ten days

In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...

16. Double the number of tourist transfers to the occupied territories

The arrival of 11 tourists in Cyprus, through the country's legal airports, and then a number of them arriving in the occupied areas, is not a daily phenomenon....

17. Debate on fuel from north misfires ahead of protest

Greek Cypriot gas station owners are livid with government officials who told the public it is not illegal to buy Turkish Cypriot gasoline, sparking a chaotic debate on Tuesday as protesting fuel dealers move to block motorists from entering the north...

18. Petrol station owners demand stronger controls at roadblocks

Petrol station owners are taking action on Tuesday, June 27, to protest the lack of adequate controls at roadblocks, which they claim is adversely affecting their businesses....

19. 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....

20. 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....

21. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

22. Macron under pressure as pension protests turn violent

French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....

23. Road tax deadline looms

There are only a few days left until the deadline for renewing registration licenses and, as a result, drivers who fail to renew will face a charge or even a fine if they are caught by the police....

24. 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....

25. Limassol could still have another 8,000 apartments

As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...

26. All you need to know to renew your road tax license

The following is a notice from the Ministry of Transport, Communications, and Works (Department of Road Transport) regarding the renewal of vehicle registration permits for the year 2023:...

27. Why EVs are a flop in Cyprus … so far

It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....

28. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

29. K. Treppides & Co Ltd: Benefits in Kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

30. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....