Brussels has shot down a compromise proposal on reduced VAT for smaller first homes, tabled by the MPs, ruling it as state aid. The proposal was the latest in a series of attempts to reach a compromise but was turned down by the EU as it drastically increased the total area of a home entitled
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After hearing the last witness evidence, the closing argument will be heard on June 22 in the trial of a British ex-miner accused of killing his terminally ill wife. His lawyers said in a statement Tuesday that they will argue that the couple were in a loving relationship and it was not premeditated murder. The
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By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also confirmed that the direction of inflation in Spain is also encouraging. This means that there is less pressure on the ECB when they
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Fines registered by four new additions to the island’s traffic camera network will be enforced from 6 June, as the grace period ends. Traffic cameras at four fixed points in Nicosia and Limassol will begin registering motoring offences. Two sets of cameras will be live at the following points in Nicosia: Makarios Avenue at its
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Cyprus is among those EU countries with the lowest percentages of children under 16 living in a household as dependants that had unmet medical needs, according to Eurostat. However, when it came to unmet medical needs regarding dental care, the relevant percentage in Cyprus was slightly higher than the EU average. In 2021, 1.5% of
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Cyprus’ Met Office has issued a yellow warning for heavy rain and possible hail as a low-pressure system moves across the island. A warning for severe but isolated thunderstorms came into effect from 11 am Tuesday until 5 pm. Yellow warnings are issued for conditions that do not pose an immediate threat to the general
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Cypriot and Chinese officials held a meeting at the Ministry of Tourism to further strengthen the cooperation between Cyprus and China in the travel sector. Tourism Minister Kostas Koumis and Vice Minister of Culture and Tourism of China Li Qun exchanged ideas, views and suggestions on Monday. It was the first time an official of the Chinese government visited the deputy ministry.
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After this season’s success, Cyprus football hopes for another profitable year in Europe, with AEK Larnaca reaching the last 16 in the Europa Conference League and another two teams in the group stages. Despite Cypriot teams doing well in this season’s European campaigns, Cyprus will only have four representatives in three competitions due to organisational
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Cyprus on Monday urged international companies to back the government’s plans to create an energy gateway to Europe from the Eastern Mediterranean to ensure the security of supply. Cypriot President Nikos Christodoulides told a workshop of industry stakeholders, “We have come up with a technically feasible solution to bring natural gas to Cyprus for power
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Robust growth in tourist arrivals and revenues this year will offset losses the economy may suffer from sanctions on Cyprus’ services sector, according to initial Finance Ministry estimates. As reported by the news site Stockwatch, Finance Ministry technocrats expect to see tourism buffer any collateral damage the services sector may suffer from sanctions imposed on
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