It will need courage and willingness of all parties to restart the talks, says German Ambassador

It will need courage and willingness of all parties to restart the talks, says German Ambassador

Germany and Europe are preparing for two significant events: the European Parliament elections and the UEFA EURO 2024 football tournament in Germany. The German Ambassador to Cyprus expressed concern about the rise of right-wing parties in the elections and emphasized Germany’s support for a solution to the Cyprus issue based on UN resolutions. Germany aims to host EURO 2024 as a symbol of cohesion in Europe, promoting sustainability, diversity, and inclusion. Germany also advocates for a strong and united EU, despite facing challenges like Putin’s war in Ukraine. The 2004 enlargement of the EU serves as a lesson on the importance of unity and speaking with one voice in foreign policy. Germany’s proposals for EU decision-making reform aim to ensure the Union remains capable of action. Germany is committed to supporting Cyprus in finding a comprehensive solution to the Cyprus issue, emphasizing the importance of confidence-building between Greek-Cypriot and Turkish-Cypriot communities.

Here’s How the Global Tax Deal Will Impact Corporations – TipRanks.com

Here’s How the Global Tax Deal Will Impact Corporations - TipRanks.com

The fact described in the text is that nearly 130 countries have recommitted to the first pillar of a global tax deal, which aims to reform international tax rules, particularly for multinationals with revenues exceeding 2 million.

‘In Cyprus, under 30s are screwed!’

‘In Cyprus, under 30s are screwed!’

Millennials are the most populous age group in Cyprus, with over a quarter of a million individuals. Generation Z, born between 1997 and 2012, are entering the workforce and facing challenges such as financial anxiety, minimal salaries, and limited opportunities. They are characterized as practical hedonists who prioritize meaningful experiences over economic security. Generation Z is competing with three other generations for limited jobs, wealth, housing, and opportunities, making the future uncertain for under-30s in Cyprus.

Bicommunal solar park , ‘valuable for all Cypriots’

Bicommunal solar park , ‘valuable for all Cypriots’

– A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust.
– The European Commission is ready to help find solutions if there are diverging views and concerns.
– The aid programme supported by the EU paves the way for reunification.
– The Commission would need to undertake a comprehensive assessment of alignment with EU standards.
– The Green Line trade has almost quadrupled in 20 years, reaching over €16 million in 2023.
– The biggest challenge faced by Mario Nava in Cyprus is often to start dialogue on various matters.

Nicosia forum stresses financial literacy and digital inclusion for women

Nicosia forum stresses financial literacy and digital inclusion for women

Experts gathered in Nicosia to discuss strategies for enhancing the economic and digital inclusion of women, highlighting the persistent stereotypes that hinder women’s access to education in STEM fields.

Global minimum tax (GMT): An overview

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.

Why capital gains changes have some business owners looking at IPPs

Why capital gains changes have some business owners looking at IPPs

Proposed changes to the capital gains inclusion rate in Canada are likely to make individual pension plans (IPPs) more attractive to certain business owners as retirement saving vehicles.

Buses for special needs passengers delivered

Buses for special needs passengers delivered

Fact: Eight small buses equipped with passenger seats and wheelchair spaces were delivered to special schools and welfare services in Cyprus.

Geri Olympics kick off with promises for national strategy

Geri Olympics kick off with promises for national strategy

A national strategy to support the elderly is set to launch by September.

Landmark site applies for place on Unesco list

Landmark site applies for place on Unesco list

Cape Aspro and Petra tou Romiou could be included in the Unesco Cultural heritage list if a proposal by Environment Commissioner Antonia Theodosiou and the communities of Pissouri and Kouklia is approved. The area has outstanding universal value and meets at least one of the 10 criteria set by the International World Heritage Convention. It would be the second mixed heritage area in Cyprus, after the southern part of Mathiatis mine. Cape Aspro is designated a Special Protection Area and a Special Area of Conservation due to its ecological value. The geological formations in the area have enormous geological and archaeological value, with recent discoveries showing indications of a small settlement at the site.