european union

gender equality cyprus

Cyprus and the Challenge of Workplace Gender Equality

Cyprus struggles with workplace gender equality, ranking secondworst in the EU with a score of 14.62 out of 50, highlighting low female representation in parliament and corporate boards, alongside a 6.08% gender pay gap. Urgent efforts are needed to bridge the gender gap and improve equality across all sectors in Cyprus.

diplomacy european union

Christodoulides’ Diplomatic Agenda in Brussels

President Nikos Christodoulides’ agenda at the Brussels Summit includes attending the EUWestern Balkans summit, engaging in presummit meetings with the European People’s Party, and advocating for the EU to play a stronger role in the Middle East peace process. He will also discuss EU expansion, supporting accession talks with Ukraine, Moldova, Bosnia and Herzegovina, and Georgia’s candidate status.

foreign investment screenings european union

A Closer Look at Foreign Investment Screenings in the EU

The European Court of Auditors (ECA) has raised concerns about the lack of coordinated foreign investment screenings in the EU. Cyprus, a significant hub for foreign direct investment, does not have proper screening mechanisms in place, potentially exposing the region to risks associated with unvetted foreign capital. The absence of a unified approach, disparities in interpretations of EU rules among member states, and the nonreporting of screening outcomes to the EU Commission further hinder the effectiveness and transparency of the system. The ECA has recommended amendments to the EU FDI screening framework, better alignment of practices across national screening mechanisms, and enhanced reporting processes to address these issues and strengthen the process.

money laundering sanctions evasion

Cyprus MEPs Under Scrutiny for Alleged Sanctions Evasion

Cyprus MEPs are accused of aiding in sanctions evasion and money laundering, which has sparked intense debate in the European Parliament. The ‘Cyprus Confidential’ reports have shed light on these allegations, leading to calls for action, accountability, and the strengthening of antimoney laundering defenses within the EU.

european union legislative landscape

Sweeping Reforms Transform the European Union’s Decision-Making Process

The European Union is undergoing sweeping reforms that could drastically change its decisionmaking process. Proposed changes include the removal of the unanimity principle, transfer of powers from member states to EU governing bodies, introduction of new shared competencies, downsizing the European Commission, mandatory adoption of the Euro, and a simplified sanctioning process for member states violating EU values. These reforms, which have been narrowly approved by the European Parliament, have the potential to reshape the EU’s legislative landscape and alter the balance of power within the bloc.

electric vehicles european union

European Union Sees Surge in Electric Vehicle Sales

Electric vehicle sales in the European Union have surged, with a 36.3% increase yearoveryear, and in October, EV sales even overtook diesel for the third time. The broader category of electrified vehicles now accounts for over 47% of new passenger car registrations, indicating a significant shift towards sustainable transportation.

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