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691. Plea deal falls apart in mercy killing case in Cyprus

A deal for a British man to plead guilty to manslaughter for killing his wife in Cyprus fell through Tuesday amid recriminations between prosecutors and defense lawyers...

692. Germany passes law allowing foreigners to easily gain residency

Germany’s Federal Parliament, Bundestag, has approved the amendments to the law on the right of residence and asylum for third-country citizens who are already in the country, with a majority of 371 votes....

693. Cyprus to impose minimum 15% tax on multinational corporations

Cyprus Ministry of Finance said on Friday it will introduce a 15% minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover of at least €750 million while examining ways to mitigate any possible adverse impact on the Cypriot economy....

694. EU Parliament halts work on Qatar-related cases

The European Union’s parliament voted Thursday to suspend work on all files involving Qatar, and called for security passes for representatives of the Gulf country’s interests to be withdrawn until light can be shed on a corruption scandal rocking the assembly....

695. US donates lunar rock to Cyprus

Today the United States donated a lunar sample, mounted on a commemorative plaque, to the people of Cyprus. The sample was collected in December 1972 during the Apollo 17 mission to the Moon....

696. Nikos Christodoulides announces his proposals on the Cyprus issue

Nikos Christodoulides, an independent candidate for the presidency of the Republic, has published his positions on the Cyprus problem under the title "For a United Cyprus" today. ...

697. TikTok to be outlawed on US government-owned devices

The US Senate late on Wednesday passed by voice vote a bill to bar federal employees from using the Chinese-owned video-sharing app TikTok on government-owned devices....

698. Gatzke-Hellenic relations have returned to normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

699. Power cuts averted as energy grid clash rages on

Electricity Authority of Cyprus (EAC) workers' unions announced the suspension of the measures scheduled for Wednesday, after an extraordinary meeting with the Minister of Labour and Social Insurance, Kyriakos Kousios and the agreement to arrange as soon as possible 'and in any case within the next week' a meeting with the Ministers of Energy and Finance on the issues of concern ...

700. €5.4 million grant from Switzerland for integration projects

The Minister of Finance, Constantinos Petrides and the Swiss Ambassador to Cyprus, Christoph Burgener signed on Monday the Framework Agreement by which Cyprus will receive a grant of €5.4 million for the implementation of projects in the area of Cohesion....

701. Is the drone base in Lefkoniko growing? (satellite image)

Three years ago today, in December 2019, Turkey publicly announced the first-ever permanent deployment of the TB-2 Bayraktar drone in the occupied territories. ...

702. Candidates continue campaigning both inside and outside of Cyprus

Candidates for the Presidency of the Republic continue their activities both inside and outside of Cyprus. The candidates and their teams analyzed their positions and alluded to issues of concern to citizens as well as current events....

703. Germany eases entry rules for qualified young Indians

Nationals of India will soon be subject to less strict rules when reaching Germany for professional, study, and work purposes as the two countries have signed the German-Indian Migration Agreement....

704. Divided Cyprus’ leaders meet as UN not giving up

Cyprus President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar met on Wednesday evening in the framework of an end of year reception which the UN in Cyprus hosted at Ledra Palace, in the Nicosia buffer zone...

705. Tying up loose ends at Hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

706. Foreign Minister tells Greece to ‘back off’

Turkish Foreign Minister Mevlut Cavusoglu lashed out against Greece again on Tuesday, saying that Ankara will do “what is necessary” if Athens does not “back off” and meet its demands to demilitarize the islands of the eastern Aegean....

707. G7 price cap on Russian oil kicks in

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....

708. No visa required for Qatari citizens visiting the EU

Qatari nationals are now eligible to travel to the European Union’s Schengen Zone countries without being required to apply for a visa at first....

709. Rafales swing by Cyprus after testing NATO integration

French fighter jets pierced Cypriot skies over Paphos on Sunday morning, following multicarrier interoperability operations between NATO navies in the Mediterranean...

710. EU: The price of Russian oil has been capped at $60

The European Union has agreed to cap the price of Russian seaborne oil at $60 per barrel, a Polish official stated....

711. Cyprus gets taste of EU’s €85 million with a caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

712. Scholz OK's transfer of 500 asylum seekers from Cyprus

Germany's solidarity with Cyprus on the migration issue was conveyed to President Nicos Anastasiades by German Chancellor Olaf Scholz, who, during their recent meeting in Berlin, expressed his country's intention to receive 500 asylum seekers from Cyprus....

713. Hellenic Bank soon to be under the control of Eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

714. When the ink dries, this will be the new archaeological museum

715. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

716. Candidates continue their quest for votes as elections draw near

The pre-election campaign of the candidates for February's 2023 Presidential elections continued over the weekend with meetings and contacts in cities and communities on the island and abroad....

717. Kasoulides: Cyprus solution a 'win-win' if there is political will

The solution to the Cyprus problem could be a win-win situation for all stakeholders, Foreign Minister Ioannis Kasoulides has said, adding that there is a great possibility for this provided that there is political will....

718. Greek Navtex is a message to Libya

The navigation warning issued by Greece on Saturday expanding the area of seismic surveys for oil and natural gas deposits off the coast of Crete was in response to a request by US oil firm ExxonMobil, which has been granted exploration rights, but also serves a geopolitical purpose...

719. Cyprus wants to get in on fast-track gas to EU

Cypriot President Nicos Anastasiades is calling on Brussels to help encourage companies to move fast and include the island in plans to supply Europe with natural gas from the eastern Mediterranean...

720. More Russians visiting Spain despite EU sanctions

The number of Russian nationals who are reaching Spain for travel purposes keeps increasing despite flight sanctions continuing to remain in place....