The European Parliament’s achievements through the eyes of the Cypriot MEPs

The European Parliament’s achievements through the eyes of the Cypriot MEPs

The European Parliament has been instrumental in enacting reforms to enhance the lives of people in Europe, including managing the COVID-19 pandemic by endorsing the Recovery and Resilience Mechanism and contributing to the NextGenerationEU financial plan. Key achievements also include advancements in Green and Digital Transitions, implementing measures for health, welfare, and daily experiences of EU citizens, and supporting young people through initiatives like the European Year of Skills.

Taxes & Government Revenue

Taxes & Government Revenue

Countries need to increase tax collection to finance investments in human capital, infrastructure, and services. Many developing countries are struggling to collect enough revenue, with some collecting less than 15% of GDP in taxes. To resume economic growth and reduce poverty, tax systems need to be made more equitable and efficient.

Govt to continue forest fire fighting measures

Govt to continue forest fire fighting measures

Fact: Deforestation and the uncontrolled use of forests have led to an alarming decline in the number of trees worldwide, causing the climate crisis to worsen.

Gaza aid could reach 1,500 tonnes a week

Gaza aid could reach 1,500 tonnes a week

Relief for aid-stricken Palestinians in the Gaza strip could reach about 1,500 tonnes a week once a U.S.-built jetty is operational, with international donors coming forward to finance the infrastructure, including a million donation from the United Arab Emirates to the Amaltheia Fund.

Police search for landlord after migrant death in Limassol

Police search for landlord after migrant death in Limassol

– Bangladeshi migrant worker fell to his death from a building in Limassol
– Rings continue to profit off cheap labor and illegal employment
– 11 Bangladeshi nationals were found living in a dangerous apartment in Limassol
– They were working in restaurants and fast-food spots
– One man died while attempting to escape through a window, another fell from a balcony
– Akel called for an investigation into whether the police complied with the law during the raid
– Police have transferred the case to headquarters in Nicosia and the migrants are being detained and processed.

I-STARS offers cash for sustainable tourism

I-STARS offers cash for sustainable tourism

The I-STARS project has selected 125 tourism businesses from Cyprus, Greece, Ireland, Italy, and Spain to receive grants of up to €5,600 each. The funds will be used to improve aspects of sustainable tourism such as food waste management, waste reduction, and energy efficiency. The project is co-financed by the European Union and coordinated by the Cyprus Chamber of Commerce and Industry (Keve).

Sanders, Schakowsky Introduce Corporate Tax Dodging Prevention Act

Sanders, Schakowsky Introduce Corporate Tax Dodging Prevention Act

U.S. Sen. Bernie Sanders and Congresswoman Jan Schakowsky introduced a bill to close tax loopholes for corporations, end tax breaks for businesses that move jobs abroad, and stop companies from hiding profits in tax havens. The Corporate Tax Dodging Prevention Act could raise over trillion in revenue over a decade with the tax haven provision alone. President Joe Biden’s budget blueprint includes proposals to hike taxes for corporations and ultrarich individuals.

Sanders Introduces Bill to Combat “Legalized Tax Dodging” for Corporations

Sanders Introduces Bill to Combat “Legalized Tax Dodging” for Corporations

Fact: The bill introduced by Sen. Bernie Sanders would allow the federal government to collect an additional .3 trillion in tax revenue over the next decade.

Gaza aid shipments to resume soon, Cyprus says, as 1,000 tons of food await delivery

Gaza aid shipments to resume soon, Cyprus says, as 1,000 tons of food await delivery

Aid shipments to Gaza from Cyprus are expected to resume soon following a pause in the project due to the killing of seven aid workers by Israel. The U.S. plans to set up a dock in Gaza for pre-screened aid deliveries with Israeli oversight. The devastated Palestinian enclave faces famine and disease after six months of conflict. The aid stored in Cyprus will be held until World Central Kitchen decides on next steps.

Bill phasing out corporate income tax, tax credits in hands of Missouri Senate – Washington Examiner

Bill phasing out corporate income tax, tax credits in hands of Missouri Senate - Washington Examiner

House Bill 2274 aims to phase out the corporate income tax in Missouri, decreasing the rate from 4% to 3% in 2025, 2% in 2026, 1% in 2027, and eliminating it in 2028 and beyond. The bill also seeks to end tax credits for corporations. The state’s general revenue is projected to decrease significantly if the bill is fully implemented. Republicans argue that eliminating the tax would benefit workers and consumers, while Democrats question the fairness and necessity of the bill.