New tax scheme approved for research and development
The Cabinet of Ministers on Wednesday announced the approval of a 20 per cent tax cut for research and development projects.
The tax cut is part of the broader strategy of ...
Cyprus Business Now
The growth rate of the Cypriot economy in the first quarter of 2022 remained positive, estimated to have risen by 5.8 per cent when compared to the corresponding quarter of 2021, according to ...
Slowdown of CCLEI’s positive yearly growth continued in April 2022
The positive year-over-year growth rate of the Cyprus Composite Leading Economic Index continues to slow down in April 2022.
The index recorded a year-over-year increase of 2.4 per cent in April 2022, reaching ...
Coronavirus: 70% of early coronavirus patients say they still experience symptoms
Seven out of ten people who contracted coronavirus in 2020-2021 are still experiencing symptoms, with over half saying they required medication, a new survey on long Covid in Cyprus has ...
Our View: Farmers’ justified complaints no excuse to break the law
On Wednesday morning the sheep and goat farmers arrived outside the presidential palace to protest about the government’s failure to ensure the PDO specs for halloumi were followed by ...
Russia: more fighters surrender in Mariupol; US reopens Kyiv embassy
Moscow said nearly 700 more Ukrainian fighters had surrendered in Russian-held Mariupol as it shored up a key gain in the south, while the United States became the latest Western country ...
Ukraine officials give conflicting accounts of attack on Russian train
Ukraine‘s territorial defence force said on Wednesday its fighters had blown up an armoured train carrying Russian troops, but an adviser to President Volodymyr Zelinskiy later said the attack ...
Sky-high PGA beer may not cure cancer but may cure a hangover
The price of beer, and not gas, had golf fans fired up at the PGA Championship on Tuesday. With a can of suds going for $18, world number nine Justin Thomas ...
Chelsea face challenge to keep up with rivals this summer
Thomas Tuchel believes Chelsea face a summer of “rebuilding” amid the impact of the Stamford Bridge club’s sale.
Chelsea will lose Antonio Rudiger to Real Madrid and Andreas Christensen ...
Russia says no change to its stance on Cyprus
Russia’s approach to the Cyprus problem has not changed as Moscow says that it continues to advocate for a solution based on UN security council resolutions.
The Russian foreign ...
Russia uses new generation of laser weapons in Ukraine
Russia on Wednesday said it was using a new generation of powerful laser weapons in Ukraine to burn up drones, deploying some of Moscow’s secret weapons to counter a ...
Tom Cruise swoops into Cannes, igniting film festival
Tom Cruise rolled into the Cannes Film Festival on Wednesday, greeted with whoops and hollers from a crowd gathered to get a glimpse of the American star, who is attending ...
Russian gymnast Kuliak banned for one year over ‘Z’ display
Russian artistic gymnast Ivan Kuliak has been handed a one-year ban for displaying the letter ‘Z’ on his outfit during an event in Qatar in March, the International Gymnastics Federation (...
Bank workers vote to strike over Hellenic redundancy tussle
In their battle against proposed layoffs at Hellenic Bank, the bank employees’ union (Etyk) voted almost unanimously in favour of approving a general strike if and when it is deemed ...
Ukraine President Zelenskiy’s life story told in new comic book
Ukraine President Volodymyr Zelenskiy’s life story – from comedian to war-time leader – has been given the graphic novel treatment in TidalWave Comics’ latest biography, ‘Political Power: Volodymyr Zelenskyy.’
The 22-page ...
MPs discuss which state officials need permission for private sector employment
The House institutions committee continued its discussions on Wednesday about amending the law that regulates private sector employment of former high-ranking state officials from the public and wider public sector.
...
Covid-wracked N. Korea may greet Biden with ‘imminent’ missile test
Despite battling a wave of suspected COVID-19 infections, North Korea appears to be preparing to test an intercontinental ballistic missile (ICBM) ahead of U.S. President Joe Biden’s first ...
Unions demand full return of Cola, VAT reduction
PEO and Deok trade unions are seeking the full restoration of the cost of living allowance (Cola), the reduction of VAT and introduction of price ceilings amid the rising inflation ...
Russian soldier pleads guilty in war crimes trial in Ukraine
A Russian soldier accused of war crimes in Ukraine pleaded guilty on Wednesday to killing an elderly unarmed civilian.
Vadim Shishimarin, a 21-year-old Russian tank commander, entered his plea in ...
Vast majority of sports venues fail to meet safety standards, MPs say
Members of the House education committee found serious safety and health issues as they re-examined the suitability of sports venues in Cyprus during its session on Wednesday.
Deputy president of ...
Call for drug addicts to have better access to HIV and hepatitis tests
The Cyprus National Addictions Authority (NAAC) said on Wednesday that there should be more opportunity for people to test for HIV and hepatitis A and B, as it aims to ...
World in no better place to fight pandemics than before Covid
The world is no better prepared for a new pandemic than it was when coronavirus emerged in 2019 and may actually be in a worse place given the economic toll, according ...
Cabinet approves bill to rein in public sector pensions
The cabinet on Wednesday approved a bill that will restructure the pension benefits scheme for workers in the public and wider public sector.
This new plan will cover all those ...
Ayia Napa Marina honoured with a Blue Flag award
Ayia Napa Marina is proud to have received yet another international kudos. The iconic project, set to change the tourism landscape in Cyprus and the Eastern Mediterranean, has now been ...