#eu

European Union lawmakers backed a draft law on Tuesday to implement the final leg of post-financial global bank capital rules, adding “prohibitive” requirements to cover risks from cryptoassets. The European ...

Cyprus, showed the second highest increase in consumer spending since 2020, signalling partial recovery from the pandemic, according to data published by the European statistics agency. Specifically, in 2021 Cyprus recorded an ...

The European Union has drafted plans to require companies to back up green claims about their products with evidence, in a bid to fight greenwashing and misleading advertisements, according to ...

Cyprus ranks fifth among EU member states as regards absorption from the EU cohesion funds, Finance Minister Constantinos Petrides said on Saturday. He added that the “challenge” now is to ...

At 17.1 per cent, Cyprus had lower household expenditure on housing, water, electricity, natural gas and other fuels in 2021 in comparison with the EU average of 25 per cent, according to Eurostat. ...

The European Union Health Security Committee said on Tuesday EU member states agreed on a “coordinated approach” to the changing COVID-19 situation, adding that included implications for increased travel from ...

EU Health Commissioner Stella Kyriakides on Friday urged health ministers across the bloc to assess their coronavirus protocols and be well prepared amidst a surge in infections in China. Health ...

Cypriots still choose cash over cards – ranking amongst the top three nations in EU for cash use – but cards and other cashless instruments are quickly catching up. The Central Bank ...

Nicola Osypka’s German company has been selling medical devices used in surgery on newborn babies in Europe for decades, but new European Union rules have forced her to make ...

The island’s Finance Ministry on Friday said it will introduce a 15 per cent minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover ...

Cypriots remain amongst the most skeptical of the EU’s handling of Russia’s invasion of Ukraine, with 53 per cent approving overall of the bloc’s support for Kyiv. While ...

A Belgian judge charged four people on Sunday over allegedly receiving money and gifts from a Gulf state to influence decisions in the European Parliament, accusations that have caused consternation ...

Cyprus was disappointed that no agreement was reached in Brussels on Friday with regard to a proposed regulation to address situations of instrumentalisation in the field of migration and asylum, ...

The Greek Cypriot side believes, that although the decision is up to UN Secretary-General Antonio Guterres, the appointment of a UN envoy for Cyprus would ensure better preparation for future ...

Last Friday, the Eastern Mediterranean Think Tank held a press conference at the Journalists’ House in Nicosia, where a comprehensive set of ideas for reaching an agreement between Greek Cypriots ...

The island’s Justice Minister Stefi Drakou on Friday stressed the importance of granting Cyprus access to the Schengen Information Exchange System in 2023, in a bid to strengthen public security, ...

The leaders of the nine Mediterranean countries in the EU agreed on Friday to push for a dynamic cap on gas prices rather than a fixed ceiling, Spanish Prime Minister ...

The European Union was haggling with Hungary on Friday over releasing billions of euros in aid in exchange for Budapest revoking its veto on extending a joint loan to Ukraine ...

A charity-run rescue boat carrying 33 migrants was allowed to dock and disembark on the southern Italian island of Lampedusa early Friday, while two more NGO vessels with more than 500 people ...

The interior ministry on Friday sought to demonstrate to EU partners how the UN buffer zone is the source of the problem where migration flows are concerned. Permanent secretary of ...

Cyprus will on Friday receive the first tranche from the EU’s Recovery and Resilience Facility, as European Commission technocrats conveyed to authorities here the need to adhere to the ...

EU interior ministers sought to ease resurgent tensions over illegal migration at an emergency meeting on Friday, after the fate of migrants rescued in the Mediterranean triggered harsh words between ...

European Union governments failed to reach a deal on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in ...

Cyprus’ economy is set for a “considerable slowdown” towards the end of the year due to global headwinds and persistent inflationary pressures, the EU said on Friday in its Autumn ...