Search

1. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

2. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

3. Digital Challenges for Internal Auditors & DPOs

4. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...

5. Nicosia grants approval to ENI, Total to drill in Block 7

Nicosia has granted approval to the energy companies ENI and Total to explore block seven of Cyprus’ exclusive economic zone (EEZ) and approved nine other drilling operations within the EEZ over the next two years...

6. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

7. Britain begins escorting all UK vessels through Hormuz Strait

Britain has started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so. ...

8. Bloomberg: Turkey has abandoned the West

In an opinion piece Bloomberg's editorial board writes that Turkey is an increasingly erratic ally that is no longer worth the risks. ...

9. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

10. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

11. Athens back among top 10 shipping hubs

The Greek capital’s shipping cluster is back among the top 10 global metropolitan centers, the annual report by the Baltic Exchange shows, though this was not thanks to shipping activity in Athens and Piraeus, but due to the development of the Port of Piraeus after its acquisition by China’s Cosco...

12. Neo Plaza construction up for grabs

Companies from Greece and Cyprus are showing interest in building Neo Plaza, a price-slashing outlet mall in west Nicosia...

13. Christodoulides: Nicosia completely satisfied with EU measures

Speaking on state radio Foreign Minister Nikos Christodoulides said the the government is completely satisfied with the final proposal on EU measures against Turkey. ...

14. Nicosia wants tougher measures against Turkey

The sanctions that were discussed on Thursday by national envoys of European Union member-states against Turkey over its illegal drilling activities off Cyprus do not, reportedly, go far enough for Nicosia, which wants tougher measures. ...

15. Bloomberg: EU to cut aid to Turkey over Cyprus EEZ violations

Bloomberg's Viktoria Dendrinou and Nikos Chrysoloras report that the European Union is considering suspending most high-level contacts with Turkey and cut the flow of funds in protest of the Turkish drilling activities in the Cyprus EEZ. ...

16. Cyprus takes legal action against firms encroaching its exclusive economic zone

Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west of the island for encroaching on the island’s continental shelf, a senior foreign ministry official said on Tuesday...

17. Playing with fire

The emerging crisis in the Eastern Mediterranean over Turkey’s drilling activities in Cyprus’ exclusive economic zone (EEZ) raise the prospect of an open Greco-Turkish conflict to a level higher than anytime since the Imia crisis...

18. EY Cyprus announces four new Partners

EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...

19. GCC awarded by Hewlett Packard Enterprise Southern Europe

Hewlett Packard Enterprise Southern Europe named GCC as “Top Solutions Provider Partner of the Year” for Greece and Cyprus markets ...

20. 'These will not be soft measures' says Juncker

21. Lira falls as Washington weighs sanctions against Turkey

22. Chinese Ambassador to Cyprus: No one stands to win in a trade war

23. EU may freeze customs union talks with Turkey over Cyprus drilling

24. Cyprus seeks EU sanctions against Turkey

25. Motive behind tanker attacks unclear

26. Fiscal Council: Implement reforms and maintain surpluses

27. Five new Partners at PwC Cyprus

PwC Network member firms in Cyprus, PricewaterhouseCoopers Ltd and S.A. EVANGELOU & CO LLC are pleased to announce the admission of five new Partners who will take up official duties from 1 July 2019...

28. Ankara threatens Nicosia over arrest warrants

29. Over the coming weeks

Andreas Paraschos tries to read between the lines following statements in Washington regarding a little bit more action over the next few weeks and months...

30. Garber: US deeply concerned by Turkey's intention to drill off Cyprus