Cyprus implemented GRECO recommendations for judges, not MPs or prosecutors
Cyprus has fully implemented 75% of the recommendations regarding prosecutors, but only 25% of the recommendations regarding MPs.
portugal
Italy beat England on penalties to reach u17 Euros semi finals
Italy scraped past England on penalties after the tie ended level at 1-1 after 90 minutes at the AEK Arena in Larnaca on Thursday night, to book their place in the Uefa under 17 championship semi finals.The game was fast paced from the start, with both sides at ease zipping the ball around the pitch … Read more
Global minimum tax (GMT): An overview
Fact: The Global Minimum Tax (GMT) sets a proposed rate of 15% on profits and was approved at the October 2021 Summit in Rome with an effective date of 2024.
England squeeze through to u17 Euros quarter finals with win over Spain
England qualified for the quarter finals of the Uefa under 17 championship by beating Spain 3-1. Portugal also qualified for the quarter finals as group winners. Italy came from behind to beat Sweden 2-1 and Poland took second place in Group C to qualify for the quarter finals. The quarter finals will take place on Wednesday and Thursday.
EU warns Cyprus on business tax | eKathimerini.com
The European Commission has warned Cyprus and other EU member-states to enforce a minimum 15% tax rate for big multinational companies and improve corporate transparency by disclosing income taxes publicly. Cyprus, along with Spain, Latvia, Lithuania, Poland, and Portugal, have not fully implemented these rules and have two months to comply or risk facing fines in the European Court of Justice.
Portugal demolish England at u17 Euros
Portugal demolished England 4-1 at the Ammochostos Stadium in Larnaca to maintain their perfect start to the Uefa under 17 championship. Portugal then managed to build a sustained period of pressure. Rodrigo Mora arrowed his shot low and into the bottom left-hand corner of the net. Mikey Moore made no mistake to score from close range. Rodrigo Mora tapped into an empty net for his second goal of the game. Silva made no mistake with the finish, slotting the ball into the bottom right-hand corner. Afonso Patrao passed the ball into the empty net with his first touch after coming on as a substitute. Portugal are all but through to the quarter finals. Poland battled back from behind twice to earn a 2-2 draw against Sweden.
EU issues warning to Cyprus over 15 per cent tax rate for multinationals
The European Commission issued reasoned opinions to Cyprus and other member states for failing to implement a minimum 15 per cent tax rate on large multinational corporations.
New Report Identifies Challenges with Global Minimum Tax Implementation in the EU
Fact: European Union Member States are in the process of implementing the global minimum tax in line with a directive unanimously agreed to at the end of 2022.
PAM award recognises CyI for climate crisis work
The Cyprus Institute (CyI) won a Parliamentary Assembly of the Mediterranean (PAM) Award for its research and educational activities addressing the climate crisis in the Eastern Mediterranean and Middle East (EMME) region.
Hellenic Bank champions green transition at Nicosia summit
The Green Agenda Cyprus Summit highlighted the vision and actions necessary for the green transition of the Cypriot economy. Hellenic Bank is committed to achieving carbon neutrality by 2050 and has set clear goals and indicators to reduce its environmental footprint. The bank offers specialized green products to combat climate change and improve energy efficiency. Cyprus Agriculture Minister introduced a pilot program for green roofs, and the Energy Minister expressed caution regarding hydrogen usage. European Commissioner for Climate Action emphasized Cyprus’ potential in renewable energy and the importance of investments in sustainable transport. European Commissioner for Health and Food Safety highlighted the health impacts of the climate crisis, including heatwaves and air pollution.