state aid rules

Examining the Effects of Tax Repayment Schemes on Cypriot Football Clubs

Cypriot football clubs owe €32 million in unpaid taxes, sparking controversy over proposed tax repayment schemes that aim to recover debts through increased betting taxes funneled via the Cyprus Football Association. Critics argue this may reward noncompliance, threaten the betting industry, and conflict with EU laws on state aid and fair competition.

Cyprus Advocates for Tailored EU State Aid Rules to Overcome Energy Challenges

By Demis Papadopoulos

Cyprus is pushing for tailored EU state aid rules to combat energy isolation, high costs, and reliance on imported fuels. By advocating for adjustments, the country aims to promote sustainable growth, fair competition, and the integration of renewable energy sources to overcome its energy challenges.