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1. Institute wages House battle for married parents

Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...

2. Nicosia revives US visa waiver talks but conceals details

Cypriot President Nikos Christodoulides suggested on Monday that ongoing efforts to secure a US visa waiver was an example of a 'new level of relations' between Nicosia and Washington, while providing little details on the process but adding that his government’s position on sanctions against Russia was 'in line' with American goals as outlined recently by the US Ambassador...

3. May 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....

4. EC challenges 5% VAT proposal for primary residences

Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....

5. EY: 4th Women Fit for Business Program Successfully Completed

6. Inferno engulfs Sydney building near Central Station

An “apocalyptic” blaze engulfed a building near Central Station in Sydney on Thursday afternoon, sending a massive plume of smoke into the air and causing parts of the building to collapse....

7. EBA tightens its grip in response to sanctions

Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...

8. Christodoulides: Shift allowances and overtime compensation from 2024

President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....

9. Cracking down on 'Conversion Therapies': Parties' positions and ethical concerns unveiled

Based on the voting patterns of the AKEL and DISY parliamentary groups thus far, it appears that the proposed law criminalizing "conversion therapies" will be presented to the Parliament's plenary session on Thursday, May 25th....

10. Cyprus Cancer Research Institute: Scientific bridge between Europe and Cyprus

An important project for science and humanity was inaugurated on Monday, May 22, at the University of Cyprus campus, the "Nicola David – Pinedo Building" of the Cyprus Cancer Research Institute (CCRI), made possible thanks to the donation of Georgios and Kaiti David in memory of their daughter Nikola, who passed away in 2016 due to cancer....

11. Cyprus favors sanctions while taking jabs at Turkey

Cypriot Foreign Minister Constantinos Kombos has accused Turkey of shunning Europe’s sanctions against Russia, while also expressing his own country’s support for a 'proper implementation' of measures amid reports that Athens cried foul over Kiev’s proposal to blacklist Greek companies...

12. Face recognition to replace boarding passes at Berlin airport

Berlin Brandenburg Airport has introduced a new digital service for biometric access control, making it easier for travelers to go through the controls....

13. Meta slammed with record €1.2 billion fine over user data handling

Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States....

14. Restoring a wounded reputation

Last March, a publication by the Financial Times revealed the move of three shareholders of PWC Cyprus to resign from the audit firm and establish the company Kiteserve. ...

15. May 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....

16. FBI agents set up shop in Cyprus

The Federal Bureau of Investigation is reportedly setting up shop in the Republic of Cyprus, with the move taking place as US-Cypriot cooperation has been expanding on multiple levels...

17. CBC urges banks to embrace transformation for sustainablefuture

Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....

18. UK and US specialists to provide consultancy on sanctions

A group of British experts from various departments of the UK state services will visit Cyprus, with a view to providing consultancy services for establishing a National Unit for Sanctions Control,...

19. Kyriakides and Becerra: EU and US establish joint health task force

20. Cyprus banks' strict adherence to sanctions worries legitimate entities

Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....

21. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

22. US State Department highlights religious freedom issues in Cyprus

The US State Department's 2022 Report on International Religious Freedom for Cyprus sheds light on various issues concerning religious freedom on the island. ...

23. Passenger dies on Cyprus Airways flight 312

A tragic incident occurred on Monday night (15/05) aboard Cyprus Airways Flight 312, which was en route from Larnaca to Athens. Regrettably, a 57-year-old passenger on the flight passed away....

24. Alarming rise in domestic violence in Cyprus

The Association for the Prevention and Handling of Violence in the Family (SPAVO) in Cyprus has released data revealing a concerning surge in domestic and partner violence incidents in 2022. ...

25. May 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....

26. Nicosia scrambles to ease sanctions burden

The Registrar of Companies will accept requests from service providers to replace sanctioned persons with other persons, according to reliable sources...

27. Rights violations raise concerns amid sanctions

The Pancyprian Bar Association has expressed growing concerns over the violation of fundamental rights of both individuals and legal entities affected by the recent restrictive measures and sanctions imposed on April 12, 2023....

28. USA: AI chatbots may deepen loneliness crisis

The United States is grappling with a loneliness crisis that has been further exacerbated by the isolation brought on by the COVID-19 pandemic....

29. Cypriot commissioner wants women out of sex work

Cyprus’ gender commissioner is on a mission to steer debate on ending prostitution, saying she wants to criminalize paid sex and offer 'a way out' for women in the unregulated industry of the world’s oldest profession...

30. Turkey faces runoff election with Erdogan leading

Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday's election but fell short of an outright majority to extend his 20-year rule of the NATO-member country...