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1711. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

1712. EU states divided over Russian oil sanctions

The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow's proposed scheme to receive gas payments in roubles would breach existing EU sanctions....

1713. Petrides: Government to continue support measures for vulnerable groups

The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia....

1714. Anastasiades: The protection of employees' rights is a priority

President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....

1715. Head of EU border agency offers to resign after accusations of rights abuse, sources say

The head of the European Union’s border agency Frontex, Fabrice Leggeri, has offered to resign, a source told Reuters on Friday, after accusations that the body mistreated migrants on the external frontiers of the bloc....

1716. Russia deploys trained dolphins at Black Sea naval base, according to satellite images

Russia has deployed trained military dolphins at its naval base in the Black Sea – possibly to protect its fleet from an underwater attack – according to a new analysis of satellite images....

1717. Europe scrambles for natural gas solution as Putin squeezes supply

The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....

1718. Putin warns West of lightning retaliation

Russian President Vladimir Putin warned of lightning-fast retaliation if countries interfere in Ukraine as European leaders accused Russia of 'blackmail' over its cuts to gas supplies...

1719. Discord takes hold in front against Russian oil

Nicosia has been defending its stance towards sanctions against Moscow on the basis of principles and European unity, but lack of consensus for the bloc to seek a collective ban on Russian oil supplies has made cracks in the united front appear larger...

1720. Surrender window to 'spare lives' in Mariupol closes

The Russian Armed Forces offered Ukraine’s militants in Mariupol a way out on Sunday but there was no response, while the wife of the war-torn country’s pro-Russia opposition leader has called for his release in exchange of two British combatants...

1721. A deal ‘everybody will hate’ to end the war in Ukraine

The most likely solution that will bring an end to the war in Ukraine is an agreement that “everybody will hate,” James Stavridis, NATO’s Greek-American former commander for Europe tells Kathimerini....

1722. EU creates platform for members to jointly buy non-Russian gas

The European Union has launched a platform for European Union countries to jointly buy gas and liquefied natural gas as they seek to cut reliance on Russian fuels and build a buffer against supply shocks....

1723. Zelensky wants Cyprus to get tough on island’s Russians

Ukrainian President Volodymyr Zelensky is urging the Republic of Cyprus to strip Russians of their golden passports 'without exception' and only ease up on dual citizens if they condemn what he called 'war crimes of their military' in Ukraine....

1724. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

1725. Greece: German rises to second place in foreign languages

German appears to be elbowing out French as the second most popular foreign language after English taught in Greek schools. According to the German Language Teachers Union, the ratio of pupils taking German as their second foreign language rose from 20% in 2000 to 49% in 2013-14 and to just over 50% in the 2020-21 academic year....

1726. CYCLOPS: 'The crown of our security co-operation', says Kasoulides

On Wednesday, US Undersecretary for Political Affairs, Victoria Nuland, and Foreign Minister, Ioannis Kasoulides, expressed their wish that the Cyprus Center for Land, Open-seas, and Port Security (CYCLOPS) will help promote security in the region....

1727. EMA: No evidence to support a fourth covid shot

EU health agencies said on Wednesday there was no evidence to support the use of a fourth dose of Covid-19 vaccines developed by Pfizer and Moderna in the general population, but they recommend a second booster for people aged 80 and above....

1728. Nuland's visit indicates US interest in the Cyprus problem, says Foreign Minister

Foreign Minister Ioannis Kasoulides noted the US interest in the Cyprus problem, on the occasion of the visit of the US Under Secretary of State Victoria Nuland to Cyprus and her meetings on the island....

1729. Lithuania becomes first EU country to cut off Russian gas

Lithuania became the first European Union country to end its dependence on Russian gas, according to its energy minister....

1730. Russian socialites and influencers claim 'Russophobia in action'

Several Russian influencers and socialites say they've been barred from purchasing Chanel items and were told it was the brand's policy not to sell to customers who intended to bring the products back to Russia....

1731. Anastasiades stresses important steps for strategic planning in energy sector

The President of the Republic, Nicos Anastasiades stressed on Monday the important steps that have been taken in the last two years within the framework of the Government`s strategic planning in the energy sector....

1732. Russia imposes visa restrictions on citizens of 'unfriendly countries'

Russian President Vladimir Putin signed a decree on Monday introducing visa restrictions for citizens of countries that Moscow deems "unfriendly" in response to sanctions over Ukraine....

1733. Ukraine: Will Europe be able to remain united against Putin?

As the war in Ukraine now enters its sixth week of operations in conditions of undiminished intensity, with threats escalating, cracks widening and bombs raining down, it is clear that the crisis will be a marathon and the ongoing struggle an endurance struggle for all those directly and indirectly involved....

1734. Eurostat: 11% of Cypriot residents are citizens of other EU countries

The percentage of residents that are citizens of other countries living in Cyprus, both from EU member states and non-EU countries, is higher than 10%, ...

1735. Revoking golden passports to Russians ‘impossible’

An EU recommendation to member states to recall passports issued to Russian and Belarusian oligarchs on the bloc’s sanctions list puts Cyprus in an awkward position....

1736. Russian troops begin moving away from positions around Kyiv

Some Russian units suffering heavy losses in Ukraine had been forced to return home and to neighboring Belarus, British military intelligence said a day after Russia promised to scale down military operations around Kyiv and another city....

1737. Lagarde: Cyprus will be affected by inflation and rising energy costs

Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....

1738. Russia to bar entry for people from growing list of 'unfriendly' nations

Russia said on Monday it was preparing to restrict entry into Russia for nationals of "unfriendly" countries, which include Britain, all European Union states and the United States. ...

1739. EC calls on EU governments to end golden passport schemes

The European Commission called on EU governments on Monday to end national programs to sell citizenship to investors, also known as golden passports schemes and urged them to suspend the sale of visas to Russians and Belarusians....

1740. Walls go up as wall comes down in divided Nicosia

Turkish Cypriot city officials in north Nicosia say they are prepared to tackle a collapsed Venetian wall with or without help from the south, as both sides on the divided island still disagree on how to fix it together...