https://knews.kathimerini.com.cy/en/business/cyprus-to-crackdown-on-shell-companies
The Central Bank of Cyprus has just made it harder for brokers to set up front companies on the island, following pressure from US officials who say more needs to be done to combat money laundering...
https://knews.kathimerini.com.cy/en/news/conference-on-funds-cryptocurrencies-a-success
A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...
https://knews.kathimerini.com.cy/en/news/may-tourists-up-7-6-despite-russian-drop
Tourist arrivals went up by 7.6% last month, lending credence to earlier predictions that industry numbers were on a good path despite a disappointing Russian exit...
https://knews.kathimerini.com.cy/en/news/uk-court-convicts-cypriot-drug-lord-s-mother
A UK court has convicted a Cypriot woman, mother of a drug lord in Cyprus, of talking part in an illegal drug trafficking network by making trips around London to collect money on her son’s behalf...
https://knews.kathimerini.com.cy/en/news/debt-collectors-to-go-after-unpaid-electricity-bills
The Cyprus Electricity Authority is resorting to private debt collectors to go after unpaid bills, following criticism that the organisation lost €65 million in late payments or defaulted accounts...
https://knews.kathimerini.com.cy/en/news/supermarket-closed-down-on-turkish-cypriot-property-violation
There was tension in Peristerona Friday morning, when owners of a supermarket and local residents took to the streets to protest government closing their business due to Turkish Cypriot property violations...
https://knews.kathimerini.com.cy/en/business/worried-investors-looking-for-lillevyali-in-cyprus
The whereabouts of Russian hedge fund manager German Lillevyali are currently unknown, but his possible location in Cyprus is shrouded in even more mystery as people are looking to get their money back...
https://knews.kathimerini.com.cy/en/news/greek-cypriot-drivers-cross-north-to-fill-er-up
Greek Cypriot gas station owners are feeling the squeeze as many vehicle owners cross north to get petrol, causing up to 70% losses in the south...
https://knews.kathimerini.com.cy/en/business/funds-cryptocurrencies-the-development-and-the-technology
For the second consecutive year, the Cyprus Chamber of Commerce and Industry, Cyprus-Russian Business Association and K. Treppides & Co Ltd are organizing a half day conference on the 14th of June 2018 at Four Seasons Hotel in Limassol, in an attempt to inform the investors and the Global Market about the Cyprus Fund’s market and the relationship that the Funds in Cyprus can have with the technology...
https://knews.kathimerini.com.cy/en/news/parents-of-ayia-napa-murdered-victim-blame-cyprus
The parents of George Low, the 22-year-old Briton who was stabbed to death in Ayia Napa two years ago, say the killers of their son walk free because north and south in divided Cyprus don’t cooperate...
https://knews.kathimerini.com.cy/en/news/publicising-court-rulings-blocked-due-to-gdpr
The Supreme Court has decided to block the publicising of court rulings until special legislation can be enacted that would comply with the EU General Data Protection Regulation...
https://knews.kathimerini.com.cy/en/business/out-of-towner-supermarket-enters-nicosia-competition
Papantoniou Supermarkets is getting ready to set up shop in the middle of a tough competitive market in western Nicosia, where other giants also stake a claim, but there are still some permit hurdles for the out-of-town family...
https://knews.kathimerini.com.cy/en/business/capital-controls-eased-further-as-of-monday
Capital controls were eased further on Monday with depositors now permitted to withdraw a monthly maximum of 5,000 euros from bank accounts, up from 2,300 euros....
https://knews.kathimerini.com.cy/en/news/cypriot-mother-son-duo-involved-in-illegal-drug-entreprise
Two Cypriots, mother and son, are involved in a case of international illegal drug trafficking, with UK authorities saying the woman in London was making trips to collect money on her son’s behalf...
https://knews.kathimerini.com.cy/en/news/audit-report-on-ccb-made-public-amid-negotiations
An audit report on the Cyprus Cooperative Bank (CCB) was made public on Friday, amid negotiations between the Co-op and its two bidders, making recommendations for improvement but also criticising the institution on a number of decisions...
https://knews.kathimerini.com.cy/en/news/trial-of-ex-deputy-police-chief-can-go-forward
The Supreme Court has ruled that an independent report should be handed over to the defence team of the former deputy chief of police, who is facing charges in connection with the leaking of information in the Ayia Napa mob killings of 2016...
https://knews.kathimerini.com.cy/en/news/cyprus-and-india-stress-need-to-strengthen-bilateral-business-relations
Cyprus and India stressed the need to strengthen bilateral business cooperation....
https://knews.kathimerini.com.cy/en/business/passport-scheme-could-bring-‘dutch-disease-in-cyprus
The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...
https://knews.kathimerini.com.cy/en/news/spain-police-arrest-fund-manager-browder-on-russia-warrant
British businessman Bill Browder, a prominent Kremlin critic, was detained and then released by Spanish police on Wednesday, after a warrant for his arrest he said came from Russia was found to be no longer valid...
https://knews.kathimerini.com.cy/en/business/korean-hellenic-ship-forum-to-highlight-ties
The “Korean-Hellenic Maritime Cooperation Forum,” to be held on Wednesday, June 6, in the context of the Posidonia 2018 shipping fair next to Athens International Airport, is expected to draw quite a crowd and will highlight the long-standing cooperation between the two nations in the maritime sector....
https://knews.kathimerini.com.cy/en/news/cyprus-gains-on-importance-in-satellite-services-sector
Cyprus is gaining on importance in the field of space technology services, as in recent years it has granted ten licenses to organizations to launch telecommunication satellites, using the space that Cyprus secures through the UN International Telecommunication Union....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-turns-up-pressure-in-turkish-cypriot-properties-saga
Paphos Mayor Phedonas Phedonos is turning up the pressure in his town’s Turkish Cypriot properties saga, prompting Edek party leader Marinos Sizopoulos to respond to allegations of corruption...
https://knews.kathimerini.com.cy/en/news/film-producer-weinstein-to-surrender-on-sex-assault-charges
Film producer Harvey Weinstein was expected to surrender to authorities in New York on Friday, months after he was toppled from Hollywood’s most powerful ranks by scores of women accusing him of sexual assault, a person familiar with the case said....
https://knews.kathimerini.com.cy/en/business/m-s-to-close-100-uk-stores-in-four-years
British retailer Marks & Spencer plans to close more than 100 stores in its home market by 2022, accelerating a drive to re-shape its business as it strives to make at least a third of sales online...
https://knews.kathimerini.com.cy/en/business/cyprus-tightens-vetting-for-investment-for-passport-scheme
In the wake of criticism that it was operating a "passports-for-cash" scheme, Cyprus has toughened up vetting procedures for those investors looking to get their hands on a European Union passport...
https://knews.kathimerini.com.cy/en/business/sir-stelios-launches-10th-bi-communal-awards
Sir Stelios Haji-Ioannou, founder of easyJet and easy family of brands (www.easy.com), announces the launch of the Stelios Bi-Communal Awards 2018, to be held for the 10th consecutive year in Cyprus...
https://knews.kathimerini.com.cy/en/news/three-anarchist-groups-claim-responsibility-for-court-paint-attack
Three anarchist groups claimed responsibility on Monday night for the paint attack against the Council of State earlier in the evening, saying it was a protest against the court's decision to rubber-stamp the so-called Katrougalos law which allowed pension cuts....
https://knews.kathimerini.com.cy/en/comment/opinion/toxic-patriotism
The lynch mob attack on Thessaloniki Mayor Yiannis Boutaris – the only way the incident can be described – during a gathering to commemorate the so-called Pontic Genocide, the killing of ethnic Greeks by the Turks during World War I, and while the national anthem was playing in the background, should give us pause...
https://knews.kathimerini.com.cy/en/news/paphos-mayor-accuses-police-of-corruption-and-incompetence
Paphos Mayor Phedonas Phedonos says Cyprus police do not take effective action to combat organised crime and that some cops even give false testimony or turn a blind eye on corruption...
https://knews.kathimerini.com.cy/en/news/greek-village-‘lost-for-words-over-news-of-texan-shooter
The family of the Texan teen gunman were “quiet, peaceable people” who never raised eyebrows in the Greek village where his father spent his youth...