3 h. ago Cyprus and Vietnam sign deal to cut tax barriers and boost business

Cyprus and Vietnam sign deal to cut tax barriers and boost business  Kathimerini

Economics

35 h. ago Proposal aims to cut red tape and boost EU markets competitiveness

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, welcomed the European Commission’s legislative proposal on market integration and supervision. It argued that the package represents a major step towards deeper and more efficient EU capital markets and incorporates many of the recommendations ESMA outlined in its 2024 Position Paper. […]

Sport

3 d. ago Police unions threaten action as leadership intends to slash days off

Two major unions and a growing number of police officers seek to challenge plans by the force to drastically reduce annual days off work. In a joint statement, trade union Pasydy and the Cyprus police association (Sek) said recent circulations suggesting a cut the police’s days off from 19 down to 5 by next January […]

Events

4 d. ago Christodoulides, EU envoy Hahn say ‘now is the time’ for Cyprus problem results

Both President Nikos Christodoulides and European Union envoy for the Cyprus problem Johannes Hahn on Thursday said that “now is the time” for results to be achieved in talks on the matter after a meeting at the presidential palace. Christodoulides lamented that the first two and a half years of his term in office, when […]

Politics

4 d. ago Cyprus real estate agents call for transparency and equal treatment

The Cyprus Real Estate Agents Association (Skek), which operates under the umbrella of the Cyprus Chamber of Commerce and Industry (Keve), released a statement this week addressed to the House, outlining its efforts to amend the regulation of the profession. Specifically, it urged the House internal affairs committee to “immediately examine and vote on a […]

Politics

4 d. ago Brazil lawmakers vote to cut Bolsonaro’s jail term after chaotic session

Brazilian lawmakers voted on Wednesday to shorten the prison sentence of former right-wing President Jair Bolsonaro, although the bill is likely to face resistance from senators, the Supreme Court and leftist President Luiz Inacio Lula da Silva. In a tense session that descended into chaos ahead of a vote in the early hours of Wednesday […]

Events

5 d. ago Eurobank takes principal employer role for major Cyprus fund

Eurobank on Wednesday announced that it has taken on the crucial role of principal employer for the MAP multi-employer provident fund in Nicosia. According to the statement, this came into effect on December 8, with the bank describing it as a vote of confidence in the Cypriot economy and its developmental prospects. “This development constitutes […]

Politics

5 d. ago Association calls for private fund involvement in affordable housing initiative

Cyprus’ property valuers association has recommended that investment funds, including the social insurance fund and other private schemes, participate in the construction of 500 new affordable housing units. The association argued that this approach would provide the long-term stability the project requires. In a statement, the association’s president, Polys Kourousides, said the financial structure “should […]

Politics

5 d. ago Charge d’Affaires a.i. of the Chinese Embassy in Cyprus Zhou Yunliang Attends the CUT Chinese Ambassador’s Fund Grant Ceremony_Ministry of Foreign Affairs of the People's Republic of China

Charge d’Affaires a.i. of the Chinese Embassy in Cyprus Zhou Yunliang Attends the CUT Chinese Ambassador’s Fund Grant Ceremony_Ministry of Foreign Affairs of the People's Republic of China  fmprc.gov.cn

Politics

5 d. ago UK stadiums swap cows for deer in bid to tackle carbon footprint

The humble beef burger is disappearing from menus at stadiums across Britain, as venues such as Brentford’s Gtech Stadium switch to wild venison in a bid to slash carbon emissions. Hospitality partner Levy UK says the move, now rolling out to more than 20 venues in the UK and Ireland, could cut emissions by 85% […]

Politics

5 d. ago Liverpool and Spurs win as Chelsea fall to Atalanta in crucial Champions League night

English clubs experienced a night of mixed results in the Champions League, with Liverpool and Tottenham securing vital victories, while Chelsea suffered a damaging defeat away to Italian side Atalanta. With the expanded league phase tightening around the top-eight cut-off, every point carried significance. Liverpool snatch late win at Inter Milan Liverpool overcame the continued […]

Sport

6 d. ago Court to decide on legality of key witness testimony in property dispute case

The Nicosia criminal court is expected to deliver its ruling on December 18 regarding the admissibility of testimony from German real estate agent Eva Isabella Kunzel, the court announced on Monday. The session focused on a ‘trial within a trial’, examining whether Kunzel’s police statement was voluntary and independent, following a previous ruling that evidence seized […]

Events

7 d. ago Bills ending unfair insurance premiums for pensioners to head to plenum

Two bills seeking to end excessive insurance charges for drivers over 70, are expected to go to a vote at the House plenum in January, Volt MP Alexandra Attalides said on Monday. The bills had been discussed earlier at the House human rights committee, where insurance companies warned that lowering premiums for older motorists “will […]

Economics

7 d. ago Chevron’s presence ‘a vote of confidence’ in Cyprus and Europe’s energy potential

The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday. “We appreciate your presence. It is a strong vote of confidence, not only for us, but also for Europe and […]

Politics

7 d. ago UK investors’ stock selling spree extends to nearly $14 billion, data shows

British investors were net sellers of stocks for a record-extending sixth consecutive month in November, data from funds network Calastone showed on Thursday, as fears the government would cut tax advantages for investments in its closely-watched budget contributed to the cash-out. Net outflows from equity funds in November were 3 billion pounds ($4 billion) – the second-worst month on […]

Economics

1 week ago Pentagon faces legal questions after video shows second strike on shipwrecked drug

When the U.S. military carried out its first strike against a suspected drug boat in the Caribbean on September 2, the attack began with an airburst munition exploding above the 11-member crew like an umbrella of shrapnel. A video of the attack, shown to U.S. lawmakers on Thursday and described to Reuters by two sources […]

Events

1 week ago Cyprus Business Now: housing, gamification, basketball player investing, loans

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development Ltd, SPORTSOFT, PASCAL International Education, Imperio, Lanitis Entertainment Ltd, payabl. and Wargaming for a focused examination of Cyprus’ tightening housing pressures. The closed session brought […]

Economics

1 week ago Lawmakers split along party lines after viewing Caribbean strike video

U.S. lawmakers split along party lines after being briefed on Thursday on a strike against a suspected drug boat in the Caribbean, with Democrats saying they were horrified by a video showing survivors in distress being killed, while a Republican lawmaker defended the strike as legal. On September 2, the U.S. military destroyed a suspected […]

Society

1 week ago Mylonas alleges “threats and blackmail” over teacher evaluation bill

The teacher evaluation reform reached a critical stage this week as the education committee finalised its examination, ahead of a decisive plenary vote on December 15. But the legislative debate was overshadowed by explosive allegations from committee chairman Pavlos Mylonas, who said he and other MPs were pressured during closed-door deliberations. Speaking on CyBC’s radio […]

Events

1 week ago Russian attacks cut power, heating supply for tens of thousands in southern Ukraine

Tens of thousands of people were left without power and heating in southern Ukraine after Russian night-time attacks on the frontline city of Kherson and Ukraine’s largest seaport, Odesa, local authorities and the energy company said on Thursday. As winter approaches, Russia has sharply increased the number and intensity of attacks on Ukraine’s energy and […]

Events