With the use of plastic money and seamless payments rising due to the coronavirus pandemic, some small retailers illegally transfer credit card processing fees to consumers. From kiosks to plumbers and lawyers, all retail businesses and services in Cyprus must accept card payments, with a law coming into effect from September. However, smaller businesses are
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By Peter van der Borgh As municipalities across Cyprus announce plans to become “smart cities”, we take a deep dive into this new model, and specifically what this means for the future of mineral exploration and investment. Although the term “smart city” has become a buzzword in city planning departments over the past few years,
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Cyprus had no deaths but saw the daily coronavirus infections spike further beyond 100 for the second day, rising from 122 on Tuesday to 167 on Wednesday, as health officials are worried this could be caused by the Delta variant of the virus. Cyprus is in a race against time for younger people to get
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The government is considering tax incentives to encourage companies to enter the Cyprus Stock Exchange, as the Nicosia bourse hopes to privatise by the end of 2022, said Finance Minister Constantinos Petrides. On Wednesday, Petrides met a delegation of the CSE headed by its chair, Marinos Christodoulides, who said a consultive firm would be selected
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Cyprus is in a race against time for younger people to get vaccinated as authorities fear the more contagious Indian variant of coronavirus could take hold in the community. On Wednesday, the Health Ministry called on people to get vaccinated against COVID-19, warning: “It is unlikely that the new variant is not spreading amongst the
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Russia’s mixed messages have tourism stakeholders anxious as there are no signs that Moscow will lift a ban on charter flights to Cyprus even though it is increasing scheduled routes. Russian authorities told Cypriot officials they would be allowing more scheduled flights to leave for Cyprus. Following a meeting with his Russian counterpart last Friday,
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A Cypriot fishing boat was stopped and boarded by the Turkish coast guard while trying to fish in international waters. The boat belongs to the Psarokaika company, its owner Aristos Aristidou told CNA the Turkish coast guard damaged the boat’s electronics. The Cypriot boat was fishing 20 nautical miles off the coast of Apostolos Andreas
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Cyprus’ Health Ministry has asked experts to recommend whether children and teenagers should roll up their sleeves for a COVID-19 shot, but some scientists have rejected the thought altogether. According to media reports, the team of scientists advising the government will be discussing the matter this week, with some scientists already arguing that inoculating children
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The US Senate Foreign Relations Committee has approved new proposed legislation bolstering the United States’ defence partnership with Greece. Under the US-Greece Defence and Interparliamentary Partnership Act of 2021, the bipartisan legislation boosts support for Greek military modernization by authorizing new transfers of American military equipment and fostering increased multilateral engagement among Cyprus Greece, Israel,
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Cyprus’ Law Office has released the final report of the Inquiry Committee probe into the issuing of passports under the citizenship for investment scheme that ran from 2007 to November 2020. The redacted 786-page report recommends the revoking of citizenships granted to some foreign nationals. Moreover, it urges authorities to investigate the possible commission of
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