R&D Tax Subsidies in Europe | Tax Subsidies for R&D Expenditures Skip to content R&D tax incentives. These generally take two forms, namely patent boxes—taxing income derived from intellectual property at a rate below the statutory corporate income taxA corporate income tax (CIT) is levied by federal and state governments on business profits. Many companies … Read more
Ask Wire, a Cypriot firm, successfully completed an equity extension round to support its expansion into key European markets, particularly Greece and Romania. The majority of the funding was provided by existing investors, with significant participation from Lars Rasmussen, co-founder of Google Maps. Additional investment came from high-net-worth individuals in Greece and Romania, as well as Founders Bridge, a Stockholm-based venture capital fund. Ask Wire’s platform provides property profiles, market analysis, and risk assessments using data from various sources.
The Rectors and Presidents of the NEOLAiA European University Alliance have issued a joint statement emphasizing the significance of the upcoming European elections and calling on all students, faculty, and staff to participate.
Reflect Festival, Cyprus’ flagship tech and startup festival, returned to Limassol and welcomed 9,000 entrepreneurs, investors, and tech enthusiasts in a new venue. The event marked the biggest conference ever organized in Cyprus and the most international year of Reflect so far. Attendees from 70 countries participated, including 1,500 companies and 130 governmental representatives from 20 countries. The festival featured over 150 companies in the expo, with activities like holograms, augmented reality garments, and contests. The event also included parties, sports events, and side activities around Limassol. Reflect Festival announced the launch of The Doers Company as an umbrella organization behind the event and future activities.
Google has launched News Showcase in Cyprus, collaborating with publishers like Cyprus Mail, Dias Group, Digital Tree, MC Media, Phileleftheros Media Group, Politis, and SPP Media. The product allows publishers to create panels that engage readers and direct them to full articles on their websites. Google has signed News Showcase deals with over 2,700 publications globally and offers journalists training on fighting misinformation online.
The fact described in the text is the order of play on the main showcourts on the seventh day of the French Open.
Cypriot workers put in longer hours than the European average, with an average of 38.5 hours per week. In the EU, Greece, Romania, Poland, and Bulgaria had the highest working hours, while the Netherlands, Austria, and Germany had the lowest. Agriculture, forestry, and fishing had the highest average working hours in the EU, while household workers had the fewest. In Cyprus, agriculture, forestry, and fishing had the highest working hours, followed by household workers and mining and quarrying. Education, other services, and extraterritorial organizations had the fewest working hours in Cyprus.
Slovenia’s government approved the recognition of an independent Palestinian state, following Spain, Ireland, and Norway. Other EU countries have also recognized Palestine, with some considering it, while Germany and the US emphasize a two-state solution through dialogue. Israel has been in conflict with Hamas in Gaza, resulting in casualties on both sides.
Cypriots aged 20-64 worked an average of 38.5 hours per week in their main job in 2023, slightly above the EU average of 36.1 hours.
Cyprus ranked at the top of Europe in terms of the quality of its bathing waters in 2023, with 97.6% of the surveyed bathing waters on the island receiving an ‘excellent’ score.