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1381. Uncertainty reigns across international tax landscape

1382. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

1383. 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...

1384. Residents furious over phone jamming tests

Residents near Central Prisons in Nicosia got some answers over the lack of phone signals in their neighbourhood over the weekend, with officials pointing to a cell phone jammer that was simply too strong...

1385. Revenue from ship management dips

Ship management revenues decreased in the first half of 2019 by €5 million, according to the results of the Ship Management Survey for the first half of 2019, concerning the transactions of resident ship management companies published Wednesday by the Central Bank of Cyprus...

1386. People froze to death inside trailer

Prime Minister Boris Johnson said he was appalled by the news of 39 bodies found in a trailer on Wednesday, with media speculation pointing to victims of human trafficking who froze to death...

1387. UCLan professor makes the case for Mars

The possible discovery of basic forms of life under the surface of Mars will have a similar effect to that of the discovery of the first planet around another star than our Sun, a UCLan professor says...

1388. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

1389. Cyprus FM highlights need for regional cooperation in the Eastern Mediterranean

The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign Minister Nikos Christodoulides said on Thursday evening. ...

1390. Nicosia inmate caught with four ‘bumphones’

A local inmate doing time at Nicosia’s Central Prisons was caught with four phones hidden in his rectum as he was being transferred back to his cell...

1391. Cyprus to fully repay IMF loan in 2020

According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP ...

1392. Parents charged with child endangerment

A foreign couple in Paphos has been charged with exposing a child to harm after their two-year-old was said to have been out and about late at night near the village square...

1393. Finance minister pleased with Waters’ visit

Finance Minister Harris Georgiades says a visit by a US delegation affirms that Cyprus is on the right track in combating money laundering, following a statement by California Congresswoman Maxine Waters who said “Cyprus is up to the challenge....

1394. Waters’ summer mission reaches Cyprus

California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...

1395. Woman tries to sneak drugs into court

Police are looking for an adult female who is suspected of attempting to sneak cocaine into the hands of a man in custody at the Paphos courthouse...

1396. Villages evacuated in Greek wildfire

Aircraft sprayed water early on Wednesday in a bid to douse the flames of a huge wildfire on the Greek island of Evia that had prompted the evacuation of villages and spurred an appeal from authorities for assistance from European partners...

1397. US congresswoman on a money trail to Cyprus

A US Congress delegation is set to visit Cyprus to hold meetings on financial matters, led by Chairwoman Maxine Waters who vowed earlier this year to conduct oversight hearings into financial dealings of the US president...

1398. Common interest for talks but disagreements remain

President Anastasiades said that there is a positive climate and a common basis on which the talks for a Cyprus settlement can take place, noting, at the same time, that disagreements on serious issues remain, but there is an agreement that differences cannot be bridged without dialogue. ...

1399. Foreclosure legislation unconstitutional

The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...

1400. Ayia Napa rape accuser’s lawyer fires back

The lawyer of a British teen, who is accused of making false statements to police in a rape complaint in Ayia Napa, says his client is a victim of revenge porn and wants to know who leaked a gangbang sex video...

1401. Lifeline as Parliament accepts President's referral

The House of Representatives has heeded warnings voting to accept the President's referral of legislation that would have made it difficult for banks to recover mortgaged non-performing exposures...

1402. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

1403. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

1404. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

1405. Central Banker mulls bridging framework on foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

1406. The first visits to Washington and Jerusalem

It’s only three weeks since Nikos Dendias took over the foreign affairs portfolio, but he has already sent a pretty clear signal regarding the new government’s foreign policy priorities...

1407. Greek PM: We choose peace and reconciliation, without giving up sovereign rights

History, which is recorded in books and in memories, is alive and present and reminds us of our obligation to defend justice and not be complacent, Prime Minister Kyriakos Mitsotakis said on Tuesday from the Cyprus Republic, where he is wrapping up a two-day official visit. ...

1408. Rape accuser jailed until court date

A Famagusta district judge ordered a 19-year-old British female to stand trial in connection with gang rape allegations she had made against Israeli teens with her case ultimately falling apart...

1409. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

1410. Pyatt calls for stronger defense cooperation

“The United States has spoken very clearly on the question of the S400 and the F-35. We’ve spoken very clearly on the provocative nature of the drilling activities that Turkey has engaged in in waters off of Cyprus. But none of that changes the fact that we, like you, need to find a way to make this work,” Pyatt added....