New twist as Audit Office plans to report passport probe team to the EU
In a further twist to the ‘golden passports’ affair, the Audit Office now plans to report the committee of inquiry – which just delivered its...
European Commission
Cyprus in trouble with EU over failure to protect Natura 2000 sites (updated)
Cyprus was among a number of EU member states targeted for infringement procedures on Wednesday, most notably for its failure to take the necessary steps...
Commission sends reasoned opinion to Cyprus over failure to transpose 5th AML directive
The European Commission on Friday sent a reasoned opinion to Cyprus for failing to transpose the 5th Anti-Money Laundering Directive (AMLD5) into national law. The transposition deadline for...
EU queries low number of rejections for citizenship in passport scheme
The number of individuals who acquired citizenship through Cyprus’ investment scheme could be more than a third of all naturalisations, the European Commission has said,...
Commission expected to launch procedures against Cyprus and Malta over citizenship schemes
The European Commission is expected to adopt the launch of infringement procedures against Cyprus and Malta as regards their investor citizenship schemes, Vice-President Maros Sefcovic...
European Union moves ahead with digital tax plans
European Union president Ursula von der Leyen confirmed on Wednesday that the bloc will move ahead with its plans to impose a digital tax sometime...
EC selects consortia under RISE programme
THE European Commission has bolstered its efforts to support international and cross-sectional cooperation by selecting 74 consortia as part of its Research and Innovation Staff...
Ozersay unhappy with EU response over crossing point ban
Turkish Cypriot ‘foreign minister’ Kudret Ozersay said on Wednesday he was dissatisfied with the response of the EU Commission president, Ursula Von der Leyen, to...
Commission approves Cyprus’ incentives for airlines
The European Commission has approved a €6.3m Cypriot incentive scheme towards airlines affected by the coronavirus outbreak, it announced on Thursday. The scheme was approved...
European Union member states come together for coronavirus mobile apps
AS PART of the gradual lifting of lockdown and strict social distancing measures around the EU, the European Commission, along with member states participating in...
Commission approves €33m Cypriot scheme deferring payment of VAT
The European Commission has approved a €33 million Cypriot aid scheme deferring VAT payments to ease the liquidity constraints of companies affected by the coronavirus...
Cyprus to see GDP contract by -7.4% according to EU spring forecast
Cyprus` economic growth is headed for -7.4 per cent drop in 2020 of -7.4 per cent, public finances are set to deteriorate with a -7.0...
European Commission unimpressed with plan for Paphos-Polis highway
The government needs to consider all possibilities before it decides to turn the Paphos-Polis road into a motorway, bird welfare group BirdLife Cyprus said on...
Halloumi PDO dependent on EU Commission, govt. says
Registering halloumi cheese as an EU Protected Designation of Origin (PDO) product depended on the European Commission and its proposals and not the Cypriot side,...
Waste plant seeks expert advice on finding buyers for ‘sludge’
Experts are expected on the island next week to help solve the problem of managing the refuse-derived fuel (RDF) produced by the Pentakomo waste treatment...
EU extends Cyprus’ tonnage tax scheme, a ‘major achievement’ shipping industry says
The European Commission has approved the extension of Cyprus’ tonnage tax scheme, which applies to ship ownership, ship management and ship chartering activities. The extension...
New EU chief vows to fight climate risks (Update)
Germany conservative Ursula von der Leyen vowed on Wednesday to fight the threat of climate change while expanding economic growth as EU lawmakers’ granted final approval for...
Ministry pressing ahead with plans for Greek ferry service
The deputy ministry of shipping is working ‘intensely’ on a proposal to submit to the European Commission for the establishment of a ferry service to...
Cypriot European commissioner designate one step closer to appointment (Updated)
Commissioner designate Stella Kyriakides on Wednesday received the green light from a committee at the European Parliament (EP) to proceed to the next stage of...
Addressing inefficiencies in justice system ‘key to improving business environment’
Addressing inefficiencies in the justice system in Cyprus is key for improving the business environment and the enforcement of claims, the European Commission said on...