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1861. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

1862. New Ayia Napa mayor to fight for autonomy

Newly-elected Ayia Napa mayor says he will stay the course in the fight to keep the resort town autonomous, while pushing for reform...

1863. Low denies central role in 1MDB scandal

Malaysian fugitive financier Jho Low, whose Cypriot passport came under scrutiny last year, says he was not the mastermind of the 1MDB scandal while confirming rumours he was offered asylum in an unnamed country...

1864. Pompeo to visit Cyprus next week

US State Secretary Mike Pompeo is scheduled to visit Cyprus next week where he will meet separately with the two leaders and reaffirm his country’s support for a UN-led effort to reunify the island under a federal roof...

1865. EastMed deal to be inked January

Cyprus President Nicos Anastasiades plans to attend a ceremony in Athens for the signing of an agreement on the EastMed pipeline, after Greece announced Sunday the project will proceed despite the objections of Turkey...

1866. Cyprus hails US EastMed bill signed into law

A new US law geared toward boosting energy and security cooperation in the east Mediterranean is indicative of the significance that Washington attaches to the region, Cyprus' foreign minister said Saturday...

1867. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

1868. Turkey warns US over Cyprus arms embargo

Ankara has warned Washington that an impending lift of a US arms embargo on the Republic of Cyprus is a “dangerous escalation” that would hamper efforts to reach a peace settlement on the divided island...

1869. EastMed bill squeezed through federal budget

US Senator Bob Menendez on Monday applauded a bipartisan deal on federal government spending that is comprised of 12 appropriations bills, including legislation shaping American strategy in the Eastern Mediterranean...

1870. Senate approves Armenian resolution

The US Senate on Thursday unanimously passed a resolution that recognizes as a genocide the mass killings of Armenians a century ago, a historic move that infuriated Turkey and dealt a blow to the already problematic ties between Ankara and Washington...

1871. British voters head to the polls

Voters go to the polls on Thursday in an election that will pave the way for Brexit under Prime Minister Boris Johnson or propel Britain toward another referendum that could ultimately reverse the decision to leave the European Union...

1872. US arms embargo to be lifted on conditions

President Donald Trump will have discretion over a current US arms embargo imposed on Cyprus, as both Senate and House conferees have reached an agreement on the defence budget for next year...

1873. MPs stalling Jiu Jitsu cash rebate

A cheque for €8.5 million to pay for Jiu Jitsu, a film starring Nicolas Cage, is being held up in the Cypriot parliament as opposition parties are blocking the cash rebate and asking questions...

1874. CITR Cyprus calls for modern insolvency rules

1875. Cyprus Tax Webcast November2019

Watch the new Deloitte Tax Webcast for November, presented by Mr. Pieris Markou, Deloitte Cyprus Tax & Legal Services Leader...

1876. PwC Cyprus presented the 'New World, New Skills' programme

1877. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

1878. Jho Low movie gaining popularity

A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...

1879. Armenian genocide resolution hits senate wall

A US resolution that would have officially described atrocities against Armenians in 1915 as genocide has stopped dead in its tracks on Wednesday, following a meeting between the Turkish president and a senator...

1880. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

1881. Chavez daughter got funds through Cyprus

More allegations of money laundering implicate Cyprus with a special report saying a Florida account accessed by the daughter of late Venezuelan president Hugo Chavez had money transfers from a bank on the island...

1882. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

1883. Financier's Cypriot passport rocks the boat

A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...

1884. Friday the 13th to sort it all out

Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock...

1885. EU lawmakers reject Turkey's 'safe zone' in Syria, eye sanctions steps

European Union lawmakers on Wednesday condemned Turkey’s offensive to carve out a “safe zone” in northeast Syria and prepared the way for new EU financial sanctions against Ankara....

1886. Anti-Brexit protesters descend on London

Anti-Brexit protesters on Saturday used a bizarre array of humor to lampoon Britain’s leaders, casting Prime Minister Boris Johnson’s chief adviser as a manipulating devil behind a divorce that was the work of a privileged few...

1887. Trump hopes to mediate between Turkey and Kurds

US President Donald Trump has put three options on the table for US action following heavy criticism and worldwide condemnation of Turkey’s military offensive in Syria...

1888. Bills for Brits clear House committee

Two bills targeting post-Brexit rights for British residents in Cyprus have cleared the House labour committee, while the language of the bill reportedly provides for a start date that has been left blank...

1889. Johnson vows to stay put to hit Oct. 31 Brexit deadline

Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31. ...

1890. President flies back amid criticism

The president of the Republic of Cyprus flew back to Larnaca on Monday following a private plane incident in New York, while political opponents are seeking clarification over his travel arrangements...