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1. Chestertons Global launches in Cyprus

Leading international real estate firm, Chestertons Global, has announced its expansion into the Cyprus property market with the launch of Chestertons Cyprus Residential. ...

2. Ellinikon, Europe's largest smart city, begins its transformation

3. AstroBank's record-breaking year: €30.4M in profits for 2023

AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....

4. Employers call for tax reform to spur economic growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

5. Winter 2024 brings 17% boost in energy production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

6. March Newsletter of K. Treppides & Co Ltd: Financial Conduct Authority

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. ...

7. Chamber of Commerce exposes government's failure on buffer zone unfairness

The Cyprus Chamber of Commerce and Industry (CCCI) approaches the issue of expanding the list of products falling under the Green Line Regulation......

8. Parliament enacts law granting tax exemption on loan repayments

The House of Representatives has unanimously approved a law exempting individuals who sold real estate or transferred shares to repay Non-Servicing Loans from the 0.4% tax designated for the Central Equal Weight Sharing Agency...

9. How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

10. 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....

11. Minister upset as staff gaps widen

In its 2023 Employment and Social Developments in Europe (ESDE) report, the European Commission identifies major shortages in construction, healthcare, science, technology, and STEM (Science, Technology, Engineering, and Mathematics) occupations, spanning high, medium, and low-skilled roles...

12. France's controversial anti-smoking campaign sparks debate

France is set to intensify its battle against smoking, with Health Minister Aurelien Rousseau announcing a comprehensive anti-smoking program....

13. November Newsletter of K. Treppides & Co Ltd: Financial Conduct Authority (FCA)

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. ...

14. Guardian: Russian money flows ''without questions'' in the occupied territories

In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...

15. Full basic pension exempted from actuarial reduction

The Minister of Labor, Yiannis Panayiotou, presented a proposal at the Social Insurance Council meeting, exempting the full basic pension from a 12% actuarial reduction for employees with 40 years of contributions. This proposal aims to relieve actuarial reductions for early pensions. ...

16. Ireland's tax policies fill sovereign fund coffers

Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....

17. Weight-loss drug Ozempic transforms Denmark's economy

Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk has turned it into Europe's most valuable company, giving Denmark's economy a major makeover....

18. Former Finance Minister continues to question EuroAsia project

Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....

19. Where does the 12% tax revenue go?

The Turkish Cypriot press is discussing recent land sales in the occupied area today. According to the Press and Information Office, the "Güneş" newspaper reported that Hasan Sungur, who leads the Real Estate Agents Union, supports businessman Ali Osman Safa's warning to politicians. Safa cautioned against making the property crisis worse, and Sungur agrees that this warning is valid and reasonable....

20. Reddit's aroma awards for the 20 most odorous countries

In this article, we will take a look at the 20 countries with the worst body odor according to Reddit....

21. From burps to burgers: The climate-friendly cows bred to belch less methane

When Canadian dairy farmer Ben Loewith's calves are born next spring, they will be among the first in the world to be bred with a specific environmental goal: burping less methane....

22. Cabinet pulls plug on fuel subsidies

Temporary fuel state subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified...

23. King Charles: the properties he is forbidden to sell

King Charles inherited $500 million in assets after the death of Queen Elizabeth, but that's only part of his fortune....

24. Zero VAT on basic daily goods goes into effect

A Council of Ministers decision for a zero VAT rate on a range of basic daily goods such as bread, milk, eggs, children's food, diapers, feminine hygiene products, and adult diapers comes into effect on Friday...

25. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

26. 'Mansion tax' introduced to help homeless Californians

Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....

27. Tax evaders beware of what you post on social media

According to a report in the Sunday edition of realnews.gr, the Greek Government plans to identify hidden income earned by individuals and companies that conduct business online. ...

28. MEP's pass bill banning home sales or rentals without energy upgrade

All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....

29. 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....

30. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....