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121. Netanyahu rejects Hamas ceasefire, stresses security concerns

Saudi Arabia's foreign minister, Prince Faisal bin Farhan, emphasized in a recent CNN interview that the kingdom won't normalize relations with Israel or contribute to Gaza's reconstruction without a credible pathway to a Palestinian state....

122. January 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. ...

123. ''It is, therefore, right that I resign''

I wrote in my previous article ("How the prestige of the institutions is undermined", Kathimerini, 7/1/24) that, based on the conclusion of the auditors of the Independent Anti-Corruption Authority and announcements of the Audit Service,...

124. Big news! New EU data rules give you more control

In a significant development, the European Union's Data Act officially came into force today, ushering in a new era for data access and privacy in the EU market. ...

125. Companies grapple with soaring fines amidst regulatory confusion

There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....

126. EY Cyprus releases the Cyprus Tax Facts Guide 2024

EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....

127. Deloitte’s Tax Facts 2024

128. 78% of gyms in Cyprus operate illegally, posing risks to consumers

In a startling revelation, the Pan-Cyprian Association of Gym Owners (PASIGY) disclosed in a press conference on Tuesday that a staggering 78% of private gyms in Cyprus are operating without the necessary licenses....

129. EU implements new VAT transparency rules targeting e-commerce fraud

The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....

130. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

131. ''Same-sex childbearing not allowed,'' says Archbishop George

Archbishop George of Cyprus clarifies the content of his Christmas message, which sparked political reactions....

132. Far-right claims victory as Macron's party divided over immigration

The French government is grappling with a political upheaval as Health Minister Aurélien Rousseau tenders his resignation in protest against a stringent immigration bill. ...

133. EU Council and Parliament agree on landmark pact on immigration and asylum

The Council of the EU and the European Parliament reached an agreement on the new Pact on Immigration and Asylum, as announced by the Vice-President of the European Commission, Margaritis Schinas, speaking to K....

134. 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....

135. Government unveils e-justice system for streamlined legal processes

In a significant move toward digital transformation, Cyprus inaugurated the e-justice information system on Monday, enabling the electronic registration of documents throughout the judicial process....

136. Israel probes mistaken killing of three hostages

In a heartbreaking turn of events, signs bearing "S.O.S." and "help, three hostages" in Hebrew were discovered on the walls of a Gaza building where three Israeli hostages were hiding. ...

137. Greek retailer Kotsovolos fined €2 million for misleading discounts

The Minister of Development, Kostas Skrekas, has levied a 2 million euro fine on the company "Dixons South-East Europe Commercial and Industrial Company of Electrical, Information Technology,...

138. Australia plans drastic cut in migration to fix ''broken'' system

Australia's government announces a bold move to slash its annual migration intake by half within two years, aiming to curb the strain on housing and infrastructure. ...

139. Cyprus and France seal the deal on tax cooperation

In a milestone development, Cyprus and France have solidified their commitment to combat double taxation through the signing of a renewed Convention on the Elimination of Double Taxation....

140. EU unveils sweeping reforms to enhance animal welfare standards

In a groundbreaking move, the European Commission has proposed extensive reforms to EU rules on animal welfare during transport, marking the most significant overhaul in recent years....

141. How locals can mitigate the risks of Cyprus' new citizenship rules to attract tech talent

Cyprus's recent initiative to boost its technology sector by offering tax breaks and fast-track naturalization to third-party nationals is a strategic move that could significantly reshape its economy and society....

142. EU unveils historic regulations to safeguard dog and cat welfare

Stella Kyriakides, EU Commissioner for Health and Food Safety, has unveiled groundbreaking regulations aimed at safeguarding the welfare of dogs and cats across the European Union. This marks the first time such comprehensive rules have been proposed within the EU....

143. DAC6 revisited through the prism of DAC8

The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....

144. Parliament debates shops' opening hours

The talk about when shops should open is back, and this time, it's the Parliamentary Committee on Labour, Welfare, and Social Security discussing it. The Committee's head, Andros Kafkalias, thinks the government needs to set some rules on when shops can be open....

145. 'The honest state'

Whenever Cyprus becomes the focus of an international journalistic investigation, the perception within the media, political circles, and civil society follows a familiar pattern: initial anticipation or curiosity, followed by a few days of discussion about the country's reputation and questionable practices. ...

146. Navigating Gaza, 'Cyprus Confidential,' and financial turbulence

Discussions on the regional and global implications of the war in Gaza, on tighter anti-money laundering rules in light of the “Cyprus confidential” investigation but also on the lack of adequate legislative follow-up to Parliament’s inquiry into the use of spyware, are on the agenda of the European Parliament session taking place this week in Strasbourg....

147. House plenary votes on teleworking bill, what's at stake?

In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....

148. ICIJ shakes up European Parliament

The findings of the Cyprus Confidential investigation by the International Consortium of Investigative Journalists (ICIJ) will be discussed on Wednesday during the Plenary of the European Parliament which will be held in Strasbourg, in the presence of representatives of the Commission and the Council of the EU....

149. FT: Tech giants clash with EU over internet control

A Financial Times article has reported that major players like TikTok and Meta, the parent company of Facebook, are pushing back against the European Union's (EU) recent internet regulations aimed at fostering greater openness and competition in online markets....

150. Abraham’s Tinderbox

I’ll begin by clearly condemning Hamas and its terrorist thugs and express grief at the horrors inflicted on innocent Israeli civilians on 7 October....