News Stream

Cocaine found on Cypriot-flagged ship

Twenty-two seamen on board the Cyprus-flagged UBC Savannah have been detained in Mexico on suspicion of illegal drug trafficking...

S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

No policy shift seen on Crete-Attica power interconnection

The new Greek government will toe the line of its predecessor on the urgent need for and the safeguarding of the construction of the Crete-Attica power interconnection project, while supporting the international connection of Greece with Cyprus and Israel, according to statements made by Energy Minister Kostis Hatzidakis after his visit to Cyprus...

Ercan officers suspended over police brutality video

Police officers at Ercan airport are being investigated over an alleged incident of violence, after a video made public showed a traveler being dragged and kicked by an officer while others were late to intervene...

Nicosia boy hospitalised after snake bite

A little boy in Nicosia has been admitted to the Intensive Care Unit following a snake bite incident...

Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

Central Banker mulls bridging framework on foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

Tzionis gets life in Strovolos murders

A Nicosia criminal court sentenced Loizos Tzionis to life imprisonment after he pleaded guilty to charges in the Strovolos double murder case in a surprise move in the courtroom...

Guarantees and Rights of Intervention

Both Turkey’s illegal invasion in 1974 and its occupation of Cyprus, were claimed to be based on its own interpretation of the Treaty of Guarantee. These arguments are well known. Today, Turkey still insists on the same interpretation of this Treaty....

Cyprus Tax Webcast, July 2019

Digital Challenges for Internal Auditors & DPOs

Tzionis pleads guilty in Strovolos double murder

Loizos Tzionis, the main defendant in the Strovolos double murder case, pleaded guilty to all charges on Wednesday, during drama in the courtroom as his co-defendant brother was being sentenced to prison on burglary charges...

Brother gets six years in Strovolos double murder

A criminal court in Nicosia passed a sentence of six years to Lefteris Solomou, the half-brother of the main defendant in the Strovolos double murder, on burglary charges only...

The first visits to Washington and Jerusalem

It’s only three weeks since Nikos Dendias took over the foreign affairs portfolio, but he has already sent a pretty clear signal regarding the new government’s foreign policy priorities...

Woman falls to her death in Limassol

A woman from Romania was found dead in a parking lot in Limassol, with reports saying police are ruling out foul play...

Ombudswoman weighs in on Bishop controversy

Criticism towards Bishop Neophytos is picking up steam, following his comments about homosexuality and abortion that stirred debate and prompted all sorts of reactions...

Foreign Ministers of Cyprus and Egypt to meet in Nicosia

Minister of Foreign Affairs Nikos Christodoulides and his Egytian counterpart, Sameh Shoukry will meet in Nicosia on Wednesday with the latter paying a one-day working visit to the island....

Man sentenced for stabbing unbegrudging friend

A man who stabbed his friend downtown Nicosia while being intoxicated has been sentenced to five years, with the victim reportedly saying he has forgiven his attacker...

Greek PM: We choose peace and reconciliation, without giving up sovereign rights

History, which is recorded in books and in memories, is alive and present and reminds us of our obligation to defend justice and not be complacent, Prime Minister Kyriakos Mitsotakis said on Tuesday from the Cyprus Republic, where he is wrapping up a two-day official visit. ...

East Med an 'issue' for 82 million Turks, energy minister says

The Eastern Mediterranean is an issue for 82 million Turks, Turkey's Energy Minister Fatih Donmez has said, declaring that the country will not back down in its demands...

Rape accuser jailed until court date

A Famagusta district judge ordered a 19-year-old British female to stand trial in connection with gang rape allegations she had made against Israeli teens with her case ultimately falling apart...

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. ...

Nicosia walls literally coming down

A conservation group has slammed authorities in the north over the partial collapse of the Guerini Bastion, saying it had warned about the conditions of the Nicosia medieval walls but nobody took them seriously...

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...

Loggerhead ‘Pambos’ is quite the wanderer

According to BirdLife Cyprus, a loggerhead tracked by satellite is proving to be a great wanderer with romance as his driving force....

New details emerge in Israeli arrests

New details have emerged in the Ayia Napa alleged gang rape on how police ended up arresting a total of twelve suspects, all Israelis in their late teens who were later released with charges dropped...

Suspect arrested in Zakaki attempted murder

Limassol police arrested a male suspect on Tuesday who was wanted for attempted murder, in connection with an apparent dispute that ended up with a Sri Lankan woman in hospital with severe stab wounds...

Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...