HAIRCUT DEPOSITORS - THE EVIL IS DOUBLE - SOME ALSO OWE LAWYERS TO THE STATE

 

HAIRCUT DEPOSITORS - THE EVIL IS DOUBLE - SOME ALSO OWE LAWYERS TO THE STATE - Filenews 3/9 by Charalambos Zakos


The haircut of 2013 brought the Cypriot economy to the brink of disaster. Businesses have closed, families have lost the savings of a lifetime and, today, thirteen years later, the state is being asked to pay part of the bill.

However, the "haircuts" seem to have found themselves in the end owing money to the state.

MINISTRY OF LABOUR - PANCYPRIAN CAMPAIGN AGAINST UNDECLARED WORK - INDUSTRIES IN THE CROSSHAIRS

MINISTRY OF LABOUR - PANCYPRIAN CAMPAIGN AGAINST UNDECLARED WORK - INDUSTRIES IN THE CROSSHAIRS - Filenews 3/9


A targeted campaign to combat undeclared work and control the implementation of basic labor laws is being carried out in September 2026 by the Inspection Service of the Ministry of Labor and Social Insurance.

Targeted inspections are carried out on a nationwide basis and focus on industries and industrial areas.

15% TAX ON MULTINATIONALS - CYPRUS IN THE GRIP OF THE EU FOR INADEQUATE HARMONIZATION - THE RISK OF COMPANIES LEAVING IS VISIBLE

15% TAX ON MULTINATIONALS - CYPRUS IN THE GRIP OF THE EU FOR INADEQUATE HARMONIZATION - THE RISK OF COMPANIES LEAVING IS VISIBLE - Filenews 3/9 by Eleftheria Paizanou

The Republic is in a difficult position, following the strong recommendations of the Commission for a revision of the legislation for the imposition of a minimum level of taxation on multinational groups, which concerns Pillar 2.

On the one hand, there is a visible risk of withdrawal from Cyprus of multinational companies of American interests to tax jurisdictions that have been exempted until 2029 from the imposition of a minimum effective tax rate of 15% on entities belonging to multinational business groups or large-scale domestic groups with annual revenues of €750 million.

EUROPE'S GAS RESERVES AT 13 YEAR LOWS -THE RISKS FOR CYPRUS

EUROPE'S GAS RESERVES AT 13 YEAR LOWS -THE RISKS FOR CYPRUS - Filenews 3/9 by Theodosis Pipis


Theodosis Pipis – Correspondence from Brussels

Europe is heading into the coldest months with gas reserves at their lowest levels in 13 years, raising concerns among energy traders about a potentially difficult winter.

Gas storage facilities in the EU were around 63% full in the last week of August. This figure is significantly lower than the average of about 80% recorded during this period in recent years, which makes the current level one of the lowest for the time, according to The Guardian. If gas storage continues at the current slow pace, the EU may start the winter heating season with reserves around 20% below the average of the last five years.

THEY CUT OFF ELECTRICITY AND WATER IN DANGEROUS BUILDINGS TO PRESSURE OWNERS - WHAT DOES THE LAW PROPOSAL PROVIDE?

THEY CUT OFF ELECTRICITY AND WATER IN DANGEROUS BUILDINGS TO PRESSURE OWNERS - WHAT DOES THE LAW PROPOSAL PROVIDE? - Filenews 3/9 by Vassos Vassiliou


Interruption in the supply of electricity and water, total or partial demolition of a building, registration of real encumbrance on the property, recovery of support costs and strengthening of penalties is provided for by a bill submitted by the Parliamentary Committee on the Interior and has begun to be discussed, in order to deal with the problem of dangerous buildings.

The issue will also be examined from a legal technical point of view so that it does not conflict with the Constitution and in this direction the issue will be discussed by the bodies involved.

HOW MANY CUPS OF COFFEE A DAY PROTECT THE HEART - WHAT NEW RESEARCH REVEALS

HOW MANY CUPS OF COFFEE A DAY PROTECT THE HEART - WHAT NEW RESEARCH REVEALS - Filenews 3/9


Consuming up to 400 mg of caffeine per day, the equivalent of up to five cups of coffee, is considered safe for most adults and, in some cases, appears to be linked to a reduced risk of cardiovascular disease, according to a new scientific announcement from the American Heart Association published in Circulation.

The new scientific paper summarizes the latest data on the effect of caffeine and coffee on cardiovascular health, looking at hypertension, cholesterol, type 2 diabetes, coronary heart disease, stroke, heart failure and atrial fibrillation, among others.

KISSONERGA - AND A RECORD THAT THEY WERE GLAD TO LOSE

KISSONERGA - AND A RECORD THAT THEY WERE GLAD TO LOSE - Filenews 3/9 by Dora Christodoulou


They are happy to lose this record and not to hold it, contrary to what usually happens. The reason for the Kissonerga district of the Municipality of Akamas and the record it held for years is the area with the most speed bumps on its road surface.

Kissonerga has maintained for years, from the time it was a community before the reform of the Local Government that included it in the Municipality of Akamas, this different record, which caused more and more irritation to thousands of people moving from its main avenue to Coral Bay and to the city of Paphos: A total of 11 speed bumps, on a road only a few hundred meters long, it was recognized by everyone as an exaggeration.