Search

331. New Zealand becomes the world's first smoke-free country

As the first nation to adopt this policy and even pass a draft law, New Zealand has set the goal of getting the younger generation to stop smoking....

332. Athens offices of Predator spyware seller raided

The Athens offices of Intellexa, which sells the Predator spyware in Greece, and Krikel, an ICT and electronic security systems provider, were among six companies raided by police as part of the investigation into the wiretapping affair on Tuesday...

333. Prices of basic consumer goods fluctuating wildly

The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....

334. Gov't admits to allowing spyware exports

The Greek government has admitted that it gave an Athens-based company permits to export a phone hacking tool to Madagascar, a country with a history of cracking down on dissent....

335. Menendez: 'I will not support the sale of F-16 fighter jets to Turkey'

According to Senate International Affairs Committee Chairman Robert Menendez, the National Defense Authorization Act (NDAA) for the defense budget is not a victory for Turkey....

336. The expansion of the digital economy and the upcoming exchange of information and tax transparency regimes

The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...

337. G7 price cap on Russian oil kicks in

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....

338. December charity fashion bazaar for families in need

A FASHION Bazaar is being put on by the Alcyonides Charity Association in December 2022. This event has been a yearly tradition for some time and is crucial for raising money for the causes that Alcyonides is committed to supporting....

339. Hellenic Bank soon to be under the control of Eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

340. Cyprus helps uncover VAT carousel fraud

Cypriot authorities swung into action after an investigation of fraudulent activity in Portugal was expanded through the European Public Prosecutor’s Office, with several companies on the island reportedly linked to a scheme that cost Lisbon tens of millions in tax revenue...

341. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

342. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

343. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

344. EU struggles with Russian oil price cap

European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...

345. Rift over gas cap looms over EU energy crisis plans

EU energy ministers meet in Brussels on Thursday to approve the latest set of emergency measures to mitigate an energy crisis, but the plans risk being eclipsed by disagreements over whether and how to cap gas prices...

346. World Cup 2022: Solution found for the beer ban in Qatar

Before the host country banned alcohol consumption inside and outside the stadiums at the last minute, a solution for the... warehouse of beers supplied by Budweiser for this year's World Cup was finally found....

347. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...

348. US regulators say lab-grown chicken is safe to eat

A meat product grown in a lab has been cleared for human consumption for the first time....

349. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

350. Report claims 3-4 companies produce spyware in Cyprus

Cyprus's parliament opened an inquiry on Wednesday into the development of spyware on the island, after a draft European Parliament committee investigation report said it was an important export hub for the surveillance industry....

351. Consumer protection laws - 'Offers' that are real offers

Ms. Elena Papachristoforou, a consumer service and protection officer, explained the legal framework in consumer protection and the impact of the new amendments on consumers and traders on the radio show "News Release" on SPOR FM 95.0....

352. Initial PEGA report - Cyprus is an appealing destination for spy goods

353. Qatar: Beer banned at stadiums just 2 days before World Cup

The sale of alcohol is strictly controlled in Qatar, and it had to relax its restrictions to allow FIFA sponsor Budweiser to sell its products outside World Cup match venues and fan zones. Now, fans have been told they cannot buy beer at any games during the tournament....

354. FT: Former PWC Cyprus accountants take on company's Russian clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

355. Turkey intends to drill south of the island of Crete

Turkish President Recep Tayyip Erdogan on Thursday announced Turkey’s plans to drill for hydrocarbons – oil and natural gas – in its maritime zone, as well as on land and sea in third countries....

356. Prepare for an increase in grain prices

Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...

357. €6 million chalet just one of several investments planned for the mountains of Cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

358. China finds friendly ear in Cyprus as EU cranks it up

Cypriot House Speaker Annita Demetriou reaffirmed Nicosia’s One China position this week during a meeting with the Chinese ambassador, who responded with a similar One Cyprus principle as the two countries sought to strengthen ties while Brussels warned EU should steer clear...

359. Are milk, meat and coffee still affordable?

According to the Consumer Protection Service's Price Observatory, price increases of up to 21% and price decreases of up to 13% were observed between September 14 and October 12....

360. Banking sector to cut 600 more employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....