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691. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....

692. Actualizing the ESG proposition The journey towards sustainability, resilience and purpose

693. Debt sustainability in all Member States

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

694. TUS: Connecting Paphos with Athens from December 10

TUS Airways has included new routes in its program, including direct flights from Larnaca and Paphos airports to Eleftherios Venizelos airport....

695. 'Three Approaches to Measuring Natural Resource Scarcity: Theory and Application to Groundwater'

Professor Phoebe Koundouri's thesis, "Three Approaches to Measuring Natural Resource Scarcity: Theory and Application to Groundwater" which was published by Peterhouse of the University of Cambridge, is now available for free on Read Library....

696. Turkish Vice President: Insists on a two-state solution and threatens the EEZ

697. Locals up in arms over mosque plans

Local residents in a village in Paphos are up in arms over hearsay that Syrian inhabitants in the community want to have a mosque in the small rural town, with the debate on migration getting more intense and political...

698. France flexes muscle, puts warship in eastern Mediterranean

France showcased its military muscle Monday with a tour of its new frigate Auvergne in the eastern Mediterranean,...

699. Volunteers gathered to pick up garbage in Agros over the weekend

As part of the "Let's do it! Cyprus 2021" campaign, 50 volunteers and members of NGO's gathered together over the weekend in Agros and managed to fill 25 bags of mixed garbage and 12 bags of PMD materials....

700. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

701. US Embassy requests proposals for counter-trafficking programs

Worldwide, more than 25 million victims of human trafficking are enslaved for the commercial gain of others....

702. Cypriot minister picks tax battle on Twitter

Cypriot Finance Minister Constantinos Petrides lashed out at critics this weekend, saying his country was in favor of setting a global minimum tax for corporations despite not having signed on the dotted line...

703. KPMG in Cyprus announces partnership with RICS

KPMG in Cyprus and RICS have signed a collaboration agreement for the provision of services for the issue of the quarterly ''RICS Cyprus Property Price Index, with KPMG in Cyprus''....

704. EY presents the 17th CFO Management Forum and the CFO Awards 2021

EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....

705. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

706. President Anastasiades addresses the 76th UN General Assembly

The President of the Republic, Mr. Nicos Anastasiades, today addressed members of the 76th session of the UN General Assembly in New York....

707. Hellenic posts 21 million euro profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

708. EY announces the launch of EY Entrepreneur Of The Year™ in Cyprus

EY Cyprus is pleased to announce the launch of the EY Entrepreneur Of The Year™ program for the first time in Cyprus. With this launch, the ultimate global competition for entrepreneurs officially opens today for nominations. ...

709. UK's Stephen Lillie met with President Nicos Anastasiades this morning (update)

Mr. Nicos Anastasiades stressed that any proposals or ideas concerning the Cyprus issue should not go beyond the framework of the UN Security Council resolutions...

710. Cyprus receives 157 million for Recovery and Resilience Plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

711. 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'...

712. EU-US summit mentions eastern Mediterranean

In a move to restore transatlantic ties, the US commander-in-chief and his two EU counterparts stressed the need for “sustainable de-escalation' of tensions in the eastern Mediterranean, with a final draft making reference to Turkey and international law after some words were left out...

713. Rescued turtle released back into the ocean

Iole the sea turtle, who cheated death last year thanks to beach visitors and staff at the Cyprus Marine Aquaculture Research Center, has been released back to her natural habitat after a long rehabilitation treatment...

714. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

715. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

716. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

717. A silent pandemic requiring global action now

If policymakers fail to address the challenge of antimicrobial resistance they risk seeing the rise of a silent pandemic, write Stella Kyriakides and Dr Tedros Adhanom Ghebreyesus...

718. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

719. Islandwide rollout of 'pay as you throw' programme in 2022

The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....

720. EY Cyprus participated in the 4thCyprus International Tax Conference

EY Cyprus has once again supported and participated in the 4thCyprus International Tax Conference, on Tuesday March 30th....