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241. Police step up checks on bus drivers in EU campaign

Cyprus police take part in a European campaign in the context of which they will step up checks on lorry and bus drivers during a week of awareness and enforcement from Monday 19 February 2024 to Sunday 25 February 2024....

242. Cyprus faces €40M setback in smart meter implementation

A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....

243. February 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. ...

244. Cyprus to roll out 10-second euro transfers across banks

Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....

245. Meta removes Iran leader's social media accounts for breaking rules

Iran's Supreme Leader, Ayatollah Ali Khamenei, experienced a significant blow to his online presence as Meta, the parent company of Facebook and Instagram, took down his official accounts for violating content policies, according to a report by India Today. ...

246. Transport for London accused of exploiting EU drivers for fines

European governments allege one of the largest data breaches in EU history as Transport for London (TfL) accused of illegally obtaining personal data for fines....

247. Saudi Arabia opens first diplomatic liquor store in Riyadh

Saudi Arabia has reportedly inaugurated its inaugural liquor store in Riyadh's diplomatic quarter, according to sources familiar with the matter....

248. 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....

249. 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. ...

250. ''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,...

251. 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. ...

252. 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....

253. 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....

254. Deloitte’s Tax Facts 2024

255. 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....

256. 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....

257. 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,...

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

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

259. 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. ...

260. 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....

261. 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....

262. 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....

263. 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. ...

264. 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,...

265. 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. ...

266. 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....

267. 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....

268. 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....

269. 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....

270. 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....