At the press briefing announcing the latest exchequer returns on Wednesday, the Department of Finance’s chief economist, John McCarthy, said his department estimated that about 50 per cent of the State’s €24 billion annual corporate tax take could be classified as “windfall” and potentially “non-recurring”.That means we’re accruing €12 billion in business tax receipts that … Read more
A drive by Türkiye ‘s government to modernize the country’s tax system will seek to boost revenue by tackling tax avoidance and scrapping incentives that are no longer needed rather than raising the overall burden, the finance minister said on Monday. Mehmet Simsek said, however, that preliminary draft proposals being discussed within the government envisioned … Read more
Firefighters were battling ‘continuous and intense’ flare-ups between the communities of Polemi and Kourdaka, fire service spokesman Andreas Kettis said on Wednesday afternoon.The fire that broke out on Tuesday near Polemi is estimated to have destroyed eight square kilometres of land, including houses and animal farms. “The flare ups are being dealt with. Ground forces … Read more
An aircraft carrying Malawi’s vice president, Saulos Klaus Chilima, and nine others has gone missing, the southern African nation’s presidency said on Monday.Chilima, 51, was aboard a military aircraft that left Lilongwe, the capital, at 09:17 a.m. (0717 GMT), Malawi’s Office of the President and Cabinet said. It said search and rescue operations were ongoing. “All efforts by aviation authorities to make contact with the … Read more
THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more
President Nikos Christodoulides has been briefed about the meeting of the UN secretary general with his personal envoy. The Turkish Minister of Defence, Yasar Guler, made a provocative statement regarding the Turkish troops’ “peace operation” in Cyprus. The Greek Cypriot side is steadfast in requesting the resumption of talks, despite indications that negotiations may not be positive. The UNSG will also meet with Greek Foreign Minister George Gerapetritis to convey specific messages on behalf of the Republic. Turkish Cypriot leader Ersin Tatar claimed that peace prevailed on the island in 1974 and that the Turkish Cypriots made significant gains. Turkish Cypriot MPs participated in discussions at the Parliamentary Assembly of the Council of Europe on the issue of Varosha, claiming that the 1984 UN Security Council resolution is outdated.
Disciplinary proceedings have begun at state broadcaster CyBC against director general Thanasis Tsokos for allegations of abuse of power and financial mismanagement. The board of CyBC is meeting to appoint a Deputy Director General to ensure normal operation. A decision for a disciplinary investigation into Tsokos was made by the cabinet on April 30, 2024, with Emmanuella Lambrianidou appointed as the investigating officer.
Israeli tanks continued to raid Rafah for a second day, defying the World Court’s order to end attacks on the city. The United States did not believe a major ground operation was underway, despite Israel’s incursion into Rafah. Residents reported Israeli tanks entering various areas before retreating towards the border with Egypt. The Palestinian health ministry called for immediate healthcare assistance in Rafah and northern Gaza, where hospitals had stopped functioning. UNRWA reported that around a million Palestinians had fled after Israeli evacuation orders. The Red Crescent Society evacuated medical teams due to ongoing bombardments. The World Court criticized Israel for not ensuring the safety and well-being of the evacuees from Rafah. Israel proposed a ceasefire and hostage release to Qatar, but Hamas insisted talks were pointless unless Israel ended its offensive on Rafah. Over 36,000 Palestinians have been killed in Israel’s Gaza offensive.
Thanasis Tsokos, the director general of state broadcaster CyBC, has been missing for almost a month. The interior ministry has been searching for him since mid-May to deliver a letter about disciplinary action. Tsokos is facing ten allegations related to the operations of CyBC, including mismanagement of tenders and changes in companies that affect the budget. An investigator will examine if there is corruption or waste of public funds and abuse of power. Many decisions at CyBC have been put on hold due to Tsokos’ absence.
State authorities have been searching for over a month for CyBC director general Thanasis Tsokos to serve him with orders to appear before a disciplinary procedure. Tsokos has been unavailable for almost a month, stalling the entire procedure. The ministry has requested cabinet to appoint an individual to investigate the claims against Tsokos.