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1381. Jho Low wanted to be a Cypriot banker

A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...

1382. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

1383. Bone casts doubt in soldier’s suicide story

New forensic evidence pointing to strangulation has emerged in the 2005 death of a soldier, who was said to have committed suicide while serving in Cyprus while his family kept insisting all along that the army had covered up a crime...

1384. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

1385. Cyprus bans foreign travelers from India

The Republic of Cyprus has issued an emergency order banning entry of foreign nationals traveling to the island from India, except Cypriots, Europeans, and permanent residents who now must undergo additional screening, in an attempt to slow down further spread of the Indian variant of Covid-19...

1386. Cyprus to try hand at luxury camping

Cyprus’s tourism minister says there is great interest in Cyprus becoming a “glamping” destination, but laws need to be amended as luxury camping, a crossover between campgrounds and hotels, is not currently regulated in the Republic...

1387. Court battles brewing over COVID measures

Over a hundred complaints and counting are waiting to be heard in Cypriot courts against the government and members of its coronavirus task force, with legality issues being raised over pandemic measures including Safe Pass...

1388. School safety issues after unclear incident

A physical altercation at a middle school in Larnaca was behind an impromptu demonstration on Thursday, a day after a teenager went to the school following an argument between his younger brother and others including a teacher...

1389. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

1390. Cyprus enters dome of silence ahead of election

The campaign for the parliamentary elections of Sunday May 30 in Cyprus ends on Friday, with government officials handing over the ballot boxes and 600,000 ballots to the officers in charge of polling stations...

1391. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

1392. Bankrupt Cyprus Mines saga continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

1393. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...

1394. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

1395. Lockdown begins amid legal challenges

The Republic of Cyprus entered a two-week lockdown on Monday, the start of the Holy Week for the Greek Orthodox community, with critics crying foul over some measures including proof of vaccination...

1396. Local gov reform heads for summer freeze

Interior Minister Nikos Nouris has been asked by EU officials to give the rundown of the administration’s latest efforts in local government reform, just days after a proposal for a referendum was defeated by opposition parties that cried foul over the move...

1397. Covid cases, patients to get to vote through mobile units

The House interior committee gave a green light Monday for setting up mobile voting units for confirmed coronavirus cases in isolation, with the bill being passed on to the plenum for a final vote...

1398. 2021 KPMG CEO Outlook Pulse Survey

1399. Economic activity could resume by spring end, Anastasiades says

President Nicos Anastasiades said Wednesday that he was hopeful that economic activity could resume by the end of spring, given that no unpredicted developments arise on the part of pharmaceutical companies....

1400. Islandwide rollout of 'pay as you throw' programme in 2022

The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....

1401. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

1402. EU presidents to go to Turkey next week

The presidents of the European Council and the European Commission will meet Turkish President Tayyip Erdogan in Turkey on April 6, an EU spokesman said on Monday, in the latest sign of improving ties....

1403. EU pledges to keep AstraZeneca doses in the bloc for now

The European Union will ensure that coronavirus vaccines produced by AstraZeneca within the bloc stay there until the company returns to fulfilling its delivery commitments, Internal Market Commissioner Thierry Breton said on Friday. ...

1404. Cyprus rejects EU draft on Turkey which seeks to deepen trade ties

Cyprus has rejected a draft prepared for a summit of EU leaders this week which seeks to deepen trade ties with Turkey, describing it as “totally unacceptable.” ...

1405. Cyprus scrambles to reduce asylum backlog

Interior Minister Nicos Nouris says the government is moving forward with rejections of asylum applications under new, faster procedures to clear a system backlog, with Europe seeking a comprehensive solution and a commissioner calling on Cypriot authorities to investigate illegal pushbacks...

1406. Trained cops but no animal police in Cyprus

A new law in Cyprus will provide for up to ten police officers to be trained on handling animal cases, with critics accusing the government of failing to deliver on its promise to create a proper animal police...

1407. Govt meets extension of restrictions with new support measures

Cyprus Ministers of Finance, Constantinos Petrides and Labour, Welfare and Social Insurance, Zeta Emilianidou announced Friday an economic support package to the tune of €70 million for businesses and employees in an attempt to counterbalance the extension of restriction measures....

1408. Cabinet green lights creation of dep. culture ministry

The Cabinet on Wednesday approved a bill for the establishment of a deputy ministry for culture....

1409. Florida giant denies Huawei in Cyprus

An American company has put words into action in the middle of global 5G wars, with Phoenix Tower International and Monaco Telecom announcing an agreement that includes acquiring newly constructed wireless towers across Malta and Cyprus...

1410. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....