MPs slam €800,000 rent for defence ministry offices
MPs on Thursday grumbled about the defence ministry lacking a building of its own, continuing to be housed in rented premises costing some €800,000 a year.
The matter came up during ...
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MPs delay vote on president’s MOT fee referral
MPs decided on Thursday to postpone by a week a vote on whether to accept or reject the president’s referral of a law concerning an increase in the MOT ...
Limassol arson spree sparks fears of gang feud
Police in Limassol were on Thursday intensifying investigations into a series of arson attacks that gutted four vehicles valued at over €1.5 million, among them a Lamborghini, in an incident possibly ...
European Commission confirms Cyprus’ debt servicing capacity
Cyprus retains the capacity to service its debt, the European Commission said in its latest post-programme surveillance assessment published on Tuesday.The Commission carries out a post-programme surveillance (PPS) twice ...
‘Dead people listed as renters of T Cypriot properties’
By Johanna Pauls and Elias Hazou
People who are dead and would be 150 if they were alive are named on rental contracts for Turkish Cypriot properties, the House refugees committee ...
Allegations continue to surround deputy AG
President Nikos Christodoulides on Tuesday reiterated that the deputy attorney-general has not submitted his resignation as rumours continued to swirl that the law enforcement official had wanted to quit but ...
Cyprus companies and individuals removed from US sanctions list
The US government on Monday removed five Cyprus-related individuals and three legal entities from its list of nationals designated as having engaged in “harmful foreign activities of the Russian Federation”.
...
Government slow at spending this year’s budget
Actual expenditures and revenues so far this year have been lower than the average of the past decade, the state treasury said on Monday.
In a briefing, the treasury provided ...
Court rules those on EU sanctions list to lose Cyprus citizenship
The administrative court has issued another interim ruling upholding a 2022 cabinet decision to revoke the Cypriot citizenship of people included on an EU sanctions list concerning Ukraine, the attorney-general’s ...
How much will GSI cable finally cost?
Is the Great Sea Interconnector unraveling? It depends who you ask. Last week’s talks in Athens, where it was decided to “update the techno-economic” parameters, was seen by many ...
MPs reject ‘draconian’ bill to regulate Easter bonfires
After a lively debate at the House plenum, MPs on Thursday gave the thumbs-down to a government bill attempting to regulate the practice of Easter bonfires.
The vote went 28 against, ...
Police fire warning shots as robbery suspect caught
Paphos police on Thursday apprehended a man wanted in connection with a robbery, after a car chase and warning shots fired.
In a statement, the police said that they attempted ...
Limassol wildfires cost €60m, with compensation still lagging
The estimated cost of this summer’s forest fires in the mountainous regions of Limassol comes to €60 million, of which under €5 million has been paid out in compensation so far, ...
Cyprus outpaces EU average in EU fund absorption
Cyprus has surpassed the EU average in utilising EU funds through the 2021-2027 multi-annual financial framework, however it still stands at 18.8 per cent of the amount it is entitled to, ...
Explosive allegations made against former auditor general
Former auditor-general Odysseas Michaelides could in theory face perjury charges and land in jail should a former ally of his deliver on a promise to provide evidence showing that the ...
US-Cyprus relations ‘at their highest level’
The government on Tuesday made much of the “strategic ties” between Nicosia and Washington, but offered little in the way of details of what the two countries’ chief diplomats discussed ...
Defence ministry wasting money, failing to cut down on staff, says audit report
The defence ministry continues to face organisational issues and structural inertia that in many cases incur a fiscal cost, a report published on Tuesday said.
The Audit Office report covers ...
MPs clash over content and timing of sweeping tax reform
Strong disagreements with aspects of the government’s proposed tax reform came to the fore on Monday, as parliamentarians were again urged to vote through the legislation by year’s ...
EAC posts €37m profit as emissions costs drop in 2024
In 2024 the state-run power corporation spent €211 million on greenhouse gas emissions allowances – €45 million less than the previous year – while posting a net profit of €37 million, according to a presentation of ...
Minister sees hope for salvaging delayed Vasiliko LNG project
Energy Minister George Papanastasiou on Monday sounded cautiously optimistic on the prospects of the least-worst scenario materialising in relation to the stalled LNG project at Vasiliko.
Speaking to news outlet ...
Akel moves to restrict solar parks on farmland and protected areas
The Akel party on Thursday tabled a bill aiming to curb the granting of permits for commercial solar parks, in a stated bid to protect arable land as well as ...
EU court backs Cyprus on crisis-era pay and pension cuts
The European Court of Human Rights (ECtHR) on Thursday upheld the Cypriot authorities’ decision to impose salary and pension cutbacks on civil servants in the midst of the 2011-2012 financial ...
Parliament approves limited remote work for public sector employees
People employed in the broader public sector will be able to work from home, under a law passed at the House plenum on Thursday.
The government legislation provides for mixed ...
Tax checks recover nearly €30 million from high-risk businesses
Over the past two years tax authorities have managed to squeeze out an additional €29.9 million from businesses playing fast and loose with their VAT receipts, MPs heard on Thursday.
The ...