meeting

Ministerial meeting addresses fireworks regulations

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Ministerial meeting addresses fireworks regulations

A meeting was held on Maundy Thursday with the Minister of Agriculture, Rural Development, and Environment, Maria Panayiotou, along with the Minister of Justice and Public Order and the Police. They discussed tightening the framework for the use of fireworks following recent fires in Limassol and Paphos provinces caused by fireworks. Permits for fireworks have been revoked temporarily, and further discussions and meetings will take place to address the issue and potentially implement stricter measures. The investigation into the recent fire in Limassol province is ongoing, and statements will be made once it is completed.

Ministry rejects appeal in Cape Greco monastery scandal

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Ministry rejects appeal in Cape Greco monastery scandal

The Minister of Interior rejected the hierarchical appeal against the construction of a monastery in a protected area in Cape Greco. The Bishopric of Constantia can either appeal to the judiciary or comply and demolish the building. The Minister offered to consider exchanging church land to relocate the monastery and protect the natural environment. If the Bishopric chooses to rectify the illegalities, it must follow the terms set by the Environmental Authority.

Ministers meet on fireworks regulation

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Ministers meet on fireworks regulation

Fact: Agriculture and Justice Ministers Maria Panayiotou and Marios Hartsiotis held a meeting with representatives of the police force to review the framework governing fireworks usage and discuss potential enhancements. Panayiotou announced the revocation of all permits for fireworks following large fires near Limassol and Paphos caused by explosives and fireworks. They will decide how to address the whole issue in the coming days.

UN Envoy to meet Cyprus leaders next week

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UN Envoy to meet Cyprus leaders next week

UN Secretary-General Personal Envoy for Cyprus, Maria Holguin, will meet with President Nikos Christodoulides and Turkish Cypriot leader Ersin Tatar next Wednesday.

Transport minister reviews progress of key Paphos developments

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Transport minister reviews progress of key Paphos developments

The Minister of Transport, Communications, and Works in Paphos examined issues and delays in various projects in the province, including the new Paphos-Polis road, airport road, marina, and public transportation stations. The Minister met with the Chamber of Commerce to address concerns and emphasized the government’s commitment to resolving problems within the framework of public interest. Discussions were also held with the Police Directorate to improve traffic flow by creating a roundabout and installing traffic lights at specific intersections. Positive developments are expected soon.

Fed expected to refrain from further rate hikes

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Fed expected to refrain from further rate hikes

The EURUSD pair is gaining ground due to positive market sentiment and dovish remarks from Federal Reserve Chairman Jerome Powell. Powell dismissed the likelihood of a further interest rate hike and mentioned that progress on inflation has stalled. Traders are awaiting US economic data releases, while the Eurozone may struggle due to a more dovish stance from the European Central Bank. Eurozone inflation held steady in April, with bets for a potential interest rate cut by the ECB in June.

Christodoulides arrives to Lebanon with von der Leyen

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Christodoulides arrives to Lebanon with von der Leyen

President Nikos Christodoulides and EU Commission President Ursula von der Leyen arrived in Lebanon for a joint visit on the migration crisis. The main objective of the visit is to provide political and economic support to Lebanon from the EU, discuss challenges facing the country, and promote stability and prosperity through necessary reforms. The EU will present an Economic Support Package for Lebanon during the visit.

Saudi Arabia, ’s Q1 GDP falls 1.8 per cent as oil sector weighs

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Saudi Arabia, ’s Q1 GDP falls 1.8 per cent as oil sector weighs

Saudi Arabia’s real gross domestic product (GDP) decreased 1.8 per cent year-on-year in the first quarter due to a decline in oil activities.

What People Need to Know When Starting a Business – BCTV

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What People Need to Know When Starting a Business - BCTV

The IRS provides resources and information to help new entrepreneurs understand and meet their tax obligations. Some tips for new entrepreneurs include choosing a business structure, selecting a tax year, applying for an Employer Identification Number (EIN), having employees complete necessary forms, paying business taxes, and visiting the state website for additional information.

Borrell discusses Cyprus problem with Holguin

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Borrell discusses Cyprus problem with Holguin

Fact: Holguin will meet President Nikos Christodoulides again to discuss next steps regarding the Cyprus problem.