In today's episode, at the Economist summit in Nicosia, President Nikos Christodoulides and Foreign Minister Constantinos Kombos stressed the EU's diminishing role in addressing global crises, such as those in Ukraine and the Middle East. Meanwhile, the Cyprus tax department has warned 19 football clubs to adhere to their tax repayment obligations or face legal action, including potential criminal proceedings. Elsewhere, a child in Cyprus was identified by the Greek police as the person who had sent threatening emails on New Year’s Day regarding bombs at Greek airports. All this and more in the Cyprus Beat briefing brought to you by the Cyprus Mail.