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721. Government to try set record straight on Cyprob solution being sought

President Nicos Anastasiades will be releasing to all party leaders an informal document he sent to UNSG Antonio Guterres in September 2017 following the collapse of the Crans-Montana negotiations process, in view of disproving those who continue to question his motives on the Cyprus Problem....

722. Cyprus President 'absolutely satisfied' with EC Conclusions

President Nicos Anastasiades expressed absolute satisfaction with the Conclusions of the European Council regarding Turkey’s activities in the Eastern Mediterranean....

723. EU leaders pull Turkey punch at last minute

European Union leaders agreed on Thursday to prepare limited sanctions on Turkish individuals over an energy exploration dispute with Greece and Cyprus, postponing any harsher steps until March as countries sparred over how to handle Ankara...

724. EU to toughen sanctions on Turkish drilling, draft summit statement says

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....

725. COVID-19 to disrupt holiday shopping plans

726. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...

727. Cypriot police scolded again over spy van

The Supreme Court in the Republic of Cyprus has recalled an arrest warrant for Avraham Shahak Avni, a Jewish community leader who is implicated in the spy van probe, ruling that police had no reasonable basis to detain a man who had been otherwise cooperating with authorities from the get-go...

728. Cyprus struggles to regulate lobbying

Debate on a legislation proposal that would regulate lobbying in the Republic of Cyprus will continue next year, when parliamentary elections will be in full swing, after the justice ministry introduced amendments to reconcile transparency rules with realities of politicking on the island...

729. Cyprus' auditor general makes Jiu Jitsu move

The audit office is reportedly preparing an unflattering report on Cyprus’ film industry government scheme, with local media suggesting some type of possible connection between newly-established Olivewood and golden passports...

730. Government ups rhetoric against auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...

731. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

732. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

733. Woman jailed for strangling mother-in-law

A woman in Nicosia has been sentenced to eight years in prison on attempted murder charges, after she tried to strangle her mother-in-law whom she held responsible for ruining her marriage to her son...

734. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

735. Experts assist in Cyprus' spy van probe

Following months of sluggish investigation into Cyprus’ spy van, police investigators are reportedly in the process of drafting their final report while another expert is due to arrive on the island to lend a hand...

736. Biden key pick emerges

US president-elect Joe Biden is expected to nominate veteran diplomat Antony Blinken as his secretary of state, making good on a promise to restore EU-US relations and take a more active role on the global stage but also planting many unknowns in regards to Turkey...

737. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

738. Obama offers piece of the puzzle in Greek debt crisis

Apart from providing key insights into a special (in many respects) presidency, Barack Obama’s memoir contains some very interesting references to the Greek debt crisis and the way in which the major European powers chose to deal with the situation....

739. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

740. Systems tested by slaughterhouse outbreak

A company that owns a slaughterhouse in rural Nicosia has until Monday to explain how 79 people were found working without proper authorization, following a coronavirus outbreak on the premises and days after the firm hinted that government officials were supplying asylum seekers for manual labour through backchannels...

741. Lidl Cyprus celebrates 10th anniversary

A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...

742. EU extends ability to impose sanctions on Turkey

The European Council on Friday issued a one-year extension to its framework for sanctions that could be imposed on individuals and entities responsible for Turkey’s controversial gas exploration and drilling activities in the Eastern Mediterranean....

743. Cypriots to protest over golden passports probe

A new demonstration will take place outside the Presidential Palace on Friday, with protesters gathering to express their frustration over the government’s handling of the golden passport scandal and demand that officials take ownership of the crisis...

744. Cyprus police face fresh accusations of mishandling rape claim

Cyprus police are faced with fresh accusations of mishandling a rape claim filed by a young UK national last May whilst on holiday in the Famagusta district’s resort town of Protaras....

745. Cyprus President condemns Vienna attacks

President of the Republic of Cyprus Nicos Anastasiades strongly condemned the “heinous attacks” that shook Vienna on Monday night....

746. UNSG ready for new round of Cyprus talks

In a letter to the President of the Republic of Cyprus Nicos Anastasiades, UN Secretary General Antonio Guterres expressed his readiness to resume talks for a settlement of the Cyprus Problem on the basis of convergences already reached, including agreements during the Berlin meeting of November 2019, but also in accordance with Security Council Resolutions....

747. Cyprus slams Erdogan's push for two-state solution

The Republic of Cyprus slammed comments regarding a two-state solution to the Cyprus Problem made by the Turkish President Tayyip Erdogan on Monday after meeting with the new Turkish Cypriot leader Ersin Tatar, with government spokesman Kyriakos Koushios stressing on Tuesday that such prospects are in complete opposition to UN resolutions....

748. Constitutional crisis unfolds over passports

An unprecedented constitutional crisis has been unfolding in the Republic of Cyprus, with the attorney general publicly scolding an inquisitive auditor general and asking him to back off from seeking access to files in connection with golden passports linked to a casino project...

749. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

750. Cyprus records deficit of €800 million in Q2

Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....