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91. MPs mull casino cash exemption despite laundering fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....

92. Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

93. Barbershop battle brews in Nicosia’s old town as Cypriot barbers face extinction

In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...

94. New protest bill sparks backlash over stricter regulations

The way protests and rallies are conducted in Cyprus is set to change drastically under the proposed Public Assemblies and Parades Law of 2025, which was submitted on Monday to the House Legal Affairs Committee....

95. WhatsApp subject to strictest EU platform rules

WhatsApp is now among the online platforms required to comply with the European Union’s most stringent transparency regulations....

96. A frosty reality check: Yes, I was wrong—it was cold!

Good morning, folks! It’s Monday, and if you, like me, are struggling to leave the warmth of your bed, I don’t blame you. After all, stepping outside feels like walking into a freezer—though, to be fair, not quite the deep freeze of last night....

97. Putin gives green light for western companies to return, but on Russia's terms

Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....

98. Cyprus government gives hotels deadline to get licensed or face closure

The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...

99. Are rules only for some? Illegal Latchi hotel expansion set to be approved

A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...

100. Multiple pensions on their last leg

With public statements from both Parliament and the Presidential Palace setting high expectations from the outset, the issue of multiple pensions for state officials is now reaching its decisive phase....

101. Cyprus moves to ease car recall chaos with rental cars and free bus passes

The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....

102. Trump signs order banning transgender women from women's sports

In a controversial move that’s stirring up strong opinions across the country, President Donald Trump signed an executive order on Wednesday to ban transgender women from competing in women’s sports. ...

103. 276 cars ordered off Cyprus roads over airbag and brake defects

Hundreds of vehicles in Cyprus are being taken off the roads immediately due to serious safety concerns linked to faulty airbags and braking systems. ...

104. New EU directive to shake up electricity pricing in Cyprus

105. Cyprus Central Bank sets interest rate limits to protect consumers

The Central Bank of Cyprus (CBC) has announced that the official reference interest rate will be set at 11.50%. This means that banks and other lenders in Cyprus must not charge higher rates than this when offering loans, extending payment terms, or renewing loans. ...

106. Aqua King takes the throne!

Get your costumes ready and your dancing shoes on because the most joyful, colorful, and sea-splashed celebration is coming! The Famagusta Carnival 2025 is making waves, and this year’s royal ruler has been revealed – actor Alkis Christou ...

107. Illegal construction in Latchi sparks legal battle

A brewing scandal in Latchi has exposed significant irregularities in the construction of a tourism project, placing local authorities and developers under scrutiny. ...

108. Cyprus tightens immigration rules with new law changes

In a unanimous decision, the Cyprus House of Representatives has approved an update to the country’s Aliens and Immigration Law, bringing in new changes that aim to modernize the immigration system and align it with the recently created State Ministry of Immigration and International Protection....

109. British Airways sues for $1.2 million over missing gold jewelry (Update)

British Airways is taking legal action against a ground-handling company over the disappearance of nearly 20 pounds of gold jewelry worth millions....

110. Murderer behind bars gives controversial podcast interview

In a bizarre and controversial turn of events, Loy Dejan, a notorious four-time murderer, has made waves by giving an online interview from his prison cell, further igniting concerns over the rampant use of mobile phones inside Cyprus' Central Prison....

111. Unions push back on new foreign worker rules

Trade unions are clashing over the proposed framework for regulating the employment of workers from third countries. ...

112. Heading to the Greek islands? Ferry prices are going up

If you’re dreaming of sailing to Greece’s picturesque islands, it’s time to budget a little extra. ...

113. Greece cracks down on Airbnb rentals

In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...

114. Starbucks’ new rule: No coffee, no entry

Starbucks is set to roll out a new policy requiring customers to make a purchase if they wish to linger in its cafes or use its bathrooms. ...

115. 2024 EU shake-up includes higher Schengen visa fees, stricter border checks, and key new citizenship rules

In 2024, the European Union implemented several significant changes impacting the Schengen Area and EU citizenship rules....

116. December Newsletter of K. Treppides & Co Ltd - 27/12/2024

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....

117. ChatGPT: Your new digital assistant, but don't rely on it blindly!

Since November 2022, we’ve been living through a tech revolution that’s changed the way we get information. Imagine having a digital assistant, always ready to answer your questions in a clear, structured way. ...

118. New labour decrees in Cyprus: A win for skilled workers and foreign students

Cyprus is making moves to boost its workforce and fill gaps in key sectors with new policies that give both skilled professionals and foreign students more opportunities. ...

119. British teen jailed in Dubai for underage relationship

An 18-year-old British man, Marcus Fakana, has been sentenced to a year in a Dubai prison for engaging in a consensual relationship with a 17-year-old girl....

120. ‘Business as usual’ for world’s top companies as they get ahead of mandatory sustainability reporting rules

With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....