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3991. 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. ...

3992. Do officials care about the violence on the football pitches?

3993. Unemployment rate up in November

November saw a rise in unemployment on a monthly and yearly basis....

3994. Popular hotel chains set up shop in Larnaca

The Accor Group, a major French hotel chain, recently made an official announcement about the opening of its first unit in Cyprus. ...

3995. Dept of Labour: 'Our social security fund is sound'

According to the Ministry of Labour and Social Insurance, the General Social Insurance Plan's most recent actuarial study shows that the amendments made up until 2012 ensure the long-term viability of the Social Insurance Fund and that,...

3996. Paphos to become a 'smart' city after launch of digital projects

Six smart and digital city projects implemented by the Municipality of Paphos were inaugurated on Thursday by Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos....

3997. 'FTX-style crypto crash won’t happen in Europe'

The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....

3998. ICT specialists crucial as 80% of companies still allow remote work

According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....

3999. Over half a billion euro in government surplus so far this year

Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....

4000. Inflation rate in Cyprus expected to fall to 8.3%

Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European Union....

4001. Cyprus scolded for failing to transpose EU laws

The European Commission has sent letters of formal notice to Cyprus for having failed to notify national measures transposing two directives regarding road safety...

4002. When the ink dries, this will be the new archaeological museum

4003. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

4004. €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, ...

4005. Wasted food can feed starving people worldwide four times over

Food waste is one of the most important challenges we are faced with today, Agriculture Minister Costas Kadis said on Tuesday, adding that it leads to serious economic, social and environmental repercussions on the entire planet....

4006. 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,...

4007. Economic sentiment slightly down in Cyprus

In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...

4008. Russians in Cyprus kept at bay in archbishop election

Russians in Cyprus will not be part of the Orthodox plebiscite during a highly contested archbishopric election next month, following a decision by a Holy Synod quorum on Monday that ruled there was no time for foreigners to register to vote...

4009. Candidates continue their quest for votes as elections draw near

The pre-election campaign of the candidates for February's 2023 Presidential elections continued over the weekend with meetings and contacts in cities and communities on the island and abroad....

4010. Hawaii: World's largest active volcano erupts

Hawaii’s Mauna Loa, the world’s largest active volcano, has started to erupt, prompting volcanic ash and debris to fall nearby, authorities said Monday....

4011. Cyprus improving its anti money laundering compliance

Cyprus has recorded some progress in improving its level of compliance with Financial Action Task Force (FATF) standards on combating money laundering and the financing of terrorism,...

4012. COVID protests spreading across China

From Shanghai to Beijing, protests have erupted across China in a rare show of dissent against the ruling Communist Party sparked by anger over the country’s increasingly costly zero-Covid policy....

4013. The reason behind the President's political 'pirouette'

I've watched and re-watched President Anastasiades' recent statements several times. The abrupt change of heart and his decision to support Averof Neophytou just 80 days before the election....

4014. Almost half of nurses and midwives in Cyprus approve of euthanasia

Almost half - 49% - of the members of the Cyprus Nurses and Midwives Association (CyNMA) said they were positive about the possibility of euthanasia for people who are suffering, according to the results of a survey regarding euthanasia, suicide assisted by health professionals and assisted dying....

4015. Prisons are the 'headquarters' of organized crime

The measures taken by the Central Prison Management are neither sufficient nor effective and results in an uncontrolled and extremely dangerous situation that poses risks to the safety and lives of people inside and outside the Prison, ...

4016. Procedures, criminal offender profiles, and the law governing child abuse

The recent news has been overshadowed by new complaints from schoolgirls in Cyprus alleging that their headmaster has harassed them sexually, while in Greece the Aeolus box is opening due to revelations about the "Ark of the World" foundation....

4017. 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....

4018. North detains two teens on counterfeit spending spree

Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...

4019. Report highlights police inaction in cases of violence against women in Cyprus

The Group of Experts on Action against Violence against Women and Domestic Violence (GREVIO)’s first review of existing policy approaches and legislation on violence against women in Cyprus has revealed many areas in which redoubled action is needed to comply with the standards of the Istanbul Convention. ...

4020. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....