House extends funding for Okypy deficits
The House plenum approved extending government grants to cover Okypy’s deficits until May 31, 2025.
grants
Over 700,000 voters registered as Cyprus gears up for June elections
The Chief Returning Officer has released the latest registration figures for the upcoming elections, revealing that a total of 706,534 individuals are eligible to vote. The permanent electoral roll in Cyprus has 568,608 Cypriot electors, including 837 Turkish Cypriots. Nicosia has the highest number of Cypriot electors with 220,593, followed by Limassol with 159,442. Limassol and Larnaca have the highest number of registered Turkish Cypriot voters. Additionally, there are special electoral rolls for European citizens, with the highest concentration in Paphos. 103,269 Turkish Cypriots holding Cypriot identity cards can vote in the EU elections. Polling stations for European Parliament elections are set up in cities across Greece, the UK, and Belgium.
Trump’s Unfounded ‘Colossal’ Tax Hike Warning – FactCheck.org
Former President Donald Trump went on Truth Social on tax filing deadline day to warn that if President Joe Biden is reelected, there will be colossal tax hikes. However, Biden’s latest budget proposal supports extending tax cuts for individuals making less than 0,000.
Freeland’s new federal budget hikes taxes on the rich to cover billions in new spending | CBC News
Fact: Ottawa plans to spend .9 billion more than planned over the next five years, with a projected billion deficit this fiscal year.
Health minister announces funding plan for hospital upgrades
The disbursement of state grants to hospitals in Cyprus, both public and private, will begin in June for those undergoing or starting the accreditation process. The Government has approved a Grant Provision Plan for Private and Public Hospitals focused on Accreditation, aiming to improve health services through the implementation of standards. The plan, costing €2.5 million and covered by the Recovery and Resilience Plan, will benefit 51 hospitals, with grants distribution starting in June. Accreditation is also a key quality criterion for determining compensation in the General Health System.
How will the new corporate tax bill impact R&D spending in the US? – The CFO
The text discusses the importance of research and development (R&D) spending for innovation, economic growth, and competitiveness in the global market. It highlights concerns about the impact of the proposed tax bill on R&D spending, particularly the treatment of R&D expenses in the tax code. Companies are urging lawmakers to restore full and immediate expensing for R&D investments to incentivize innovation and business growth. Lawmakers are encouraged to consider the long-term benefits of supporting R&D spending and to provide incentives for companies to engage in R&D activities. Collaboration between the government and industry is also emphasized to maximize the impact of R&D investments.
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.
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).