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91. Cyprus gives huge incentives to go electric

Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....

92. Reduction of electricity VAT from 19% to 9%

Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...

93. Cyprus awaits Brussels decision on golden passports

The President’s Cabinet in the Republic of Cyprus has approved at least 390 golden passport applications despite European warnings after the program was scrapped last year, with Interior Minister Nicos Nouris saying he has already explained the logic to the European Commission but hasn’t heard back yet...

94. John Christoudoulou's response to the article regarding UK government support schemes

On the 25th of October 2021 the digital edition of Kathimerini on www.kathimerini.com.cy published an article with the title "John Christodoulou: The billionaire that received state support" (the “Publication”)...

95. Cyprus rolls out ‘jab discount’ for hotel stays

Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...

96. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

97. Third lockdown brings new support schemes totaling €120m

New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday....

98. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

99. Govt meets extension of restrictions with new support measures

Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures....

100. Government announces new housing schemes and incentives

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....

101. Christodoulides, Dendias hold talks in Athens

Cypriot Foreign Minister Nikos Christodoulides met with his Greek counterpart in Athens on Friday on the sidelines of the Friendship Forum held Thursday in what was seen as an effort by Greece to expand its network of allies from the Mediterranean to the Gulf....

102. Cyprus launches new tourism schemes as arrivals plummet

Nine incentive schemes promoting the development and boosting of targeted forms of tourism were approved by Cabinet on Monday, when the Cyprus statistical service (Cystat) announced that Cyprus marked a 79.9% drop in arrivals in 2020 compared to the year before....

103. Government buys time on new COVID measures

The health, finance, and labour ministers of the Republic of Cyprus have been tasked to reconcile a number of issues before a Cabinet meeting on Friday, essentially stalling the announcement of new COVID measures which was expected on Thursday...

104. New coronavirus call centre launched

A new call centre was launched to provide support and information on all issues related to the local coronavirus pandemic and rules in place....

105. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

106. Domestic violence figures maintain concerning climb

The police’s domestic violence unit received 180 complaints in September and October and made 29 arrests, justice minister Emily Yioliti said Wednesday. Meanwhile, the association for the prevention and handling of violence in the family (SPAVO) said it has marked an increase of 40% in calls received at the 1440 helpline....

107. Greece, UAE commit to mutual defense assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

108. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

109. Government unleashes new bundle of support measures

Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....

110. Athens starts diplomatic offensive

Athens has embarked on an ambitious diplomatic offensive aiming to woo old and new friends in the bid to advance its positions in the face of Turkey’s stance in the Aegean and the Eastern Mediterranean. ...

111. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

112. Reynders: 'golden passport' schemes must be abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

113. EC: Cyprus, Malta golden passport schemes in violation of EU law

The European Commission launched infringement procedures against Cyprus and Malta on Tuesday in response to their ‘golden passport’ schemes, and allowed a two-month period for the countries to respond in writing to the Commission’s warning letter....

114. Golden passports pushed forward in Commission agenda

After the Al Jazeera revelations, the Cyprus Investment Program is being pushed into the European Commission’s discussion agenda....

115. Commission slams Cyprus over passports, mulls infringement procedures

The European Commission expressed “disbelief” over new revelations concerning Cyprus’ investment for citizenship scheme, saying that the body is looking into infringement procedures for Nicosia. ...

116. Government okays schemes tackling unemployment

The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....

117. Judge Ankara by its actions not its words

Michael Rubin, resident scholar at the American Enterprise Institute, favors a less sympathetic approach on Turkey, arguing ad hoc partnerships can put pressure on Ankara to come around...

118. Passports under the watchful eye of the Commission

119. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

120. Curtain rising for citizenship-by-investment program

The Presidency has before it four scenarios for dealing with the issue of purchased citizenships. The most likely possibility is that of suspending the investment program for a short period, as revealed by Kathimerini on Sunday....