The German economy grew more than expected in the first quarter, with gross domestic product rising 0.2 per cent. The economy skirted a recession thanks to the construction sector and exports.
Coca-Cola raised its annual organic sales forecast after topping first-quarter results as customers in the US and international markets spend more on its sodas and juices.
Digital Taxation around the World | Tax Foundation Skip to content taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policies, a significant number of countries adopted unilateral tax measures targeted at digital businesses, … Read more
– Large numbers of Cypriots are spending the Easter holidays abroad.
– The number of Cypriots holidaying abroad will be comparable to 2023.
– Cypriot travelers’ top destinations are traditionally Greece followed by the United Kingdom.
– Reservations for summer holidays are in full swing.
– Domestic tourism bookings for the Easter period are relatively limited.
– Overseas visitors bookings for 2024 show a reduction compared to 2023.
– Travel to Cyprus is expected to remain at lower levels due to limited available flights and airlines facing an aircraft shortage.
Real Madrid manager Carlo Ancelotti emphasized that his team will not underestimate Bayern Munich in their Champions League semi-final, despite Bayern’s disappointing domestic campaign.
The European Parliament is launching the second phase of its communication campaign to emphasize the importance of voting and safeguarding democracy. The campaign includes various outreach efforts, such as a 4-minute film featuring senior citizens sharing their stories about democracy. The campaign’s tagline “Use Your Vote. Or others will decide for you” serves as a powerful reminder of the collective responsibility towards democracy. Interest in EU elections is on the rise, with 60% of Europeans showing interest in the upcoming elections and 71% likely to vote.
The hot potato regarding the Paphos Cultural Foundation has been delayed for three years and is being transferred to the new, more populous Paphos Municipal Council that will emerge from the June elections. The current Municipal Council’s lack of progress on the matter is final, attributed to efforts to divide positions rather than appointing culture-minded individuals. The new council is hoped to have a proper perspective to implement the plan, which aimed to resume cultural activities from where “Paphos 2017” left off. However, recent allegations by the Cultural Movement ex-Artis accuse the Municipality of Paphos of irresponsibility, claiming that artworks placed in the city as part of the Cultural Capital initiative are missing and at risk of being destroyed. Specifically, three sculptures, including works by Rinos Stefani and Herman Pitts, are missing, and the movement calls on the Municipality to locate and reposition them.
Fact: Eliza Stasopoulou, a senior officer at the Cyprus Stock Exchange, emphasized the importance of companies implementing corporate governance and social responsibility policies to enhance performance, improve services, and foster transparency and rational management.
Fact: Future LNG demand is expected to be led by Asia, particularly China, with global LNG demand projected to increase to about 700mtpa by 2040.
Fact: The proposed change in the law on swimming pools in Cyprus from two units to five will not significantly impact the vast majority of community complexes as they will still be categorized as public pools requiring lifeguards.