HALLOUMAKI case crashes in EU court

The EU General Court has closed a case between Greek company Kolios AE and a group of Cypriot processors and producers of sheepmilk and goatmilk over its intention to register the logo

US, UK seek assistance in sanction-busting cases

Authorities are busy investigating cases of Cypriot firms facilitating asset transfers for sanctioned Russian oligarchs, with the UK and US requesting judicial assistance. Following the damning ‘Cyprus Confidential’ leaks, some eight requests

Cypriots save 6.5% of disposable income

People in Cyprus saved only 6.5% on average of their disposable income, half the EU average of 12.7%, according to Eurostat non-financial sector accounts 2022 data. Saving rates were significantly lower than

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Foot-dragging worsened sanction-busting stigma

Authorities knew Cypriot firms were facilitating significant asset transfers for sanctioned Russian oligarchs months before the damning ‘Cyprus Confidential’ leaks. Government agencies were reportedly aware for eight months about the potential sanctions

Digital tracker for offending motorists

Cyprus police are preparing a digital application-linked data platform containing the details of drivers caught breaking traffic rules by speed cameras to track down offenders. In comments to the Financial Mirror, the

New asylum claims drop 33% but still high

The number of first-time asylum applicants in August dropped 33% in Cyprus, but despite the drop, Cyprus still had the highest ratio of asylum applicants per population. Meanwhile, according to monthly asylum

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Nicosia on innovative European cities map

Nicosia has joined the map of innovative European cities, following the direction for smart and sustainable cities, President Nikos Christodoulides said. He inaugurated the “Development of Smart City Infrastructure and Systems” project

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