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1231. Cobalt Air license revoked, company recorded €30 million losses per year

1232. Kotzias, the search for solutions and his combative style

1233. Bad loans in Cyprus decline by €3.28 billion since March 2018

1234. Cyprus 2019 budget to create 3% surplus

1235. Italy committed to the EastMed pipeline project

1236. Turkey no show at Council of Europe meeting

The Committee of Ministers of the Council of Europe expresses regret over the decision of Turkey not to participate in recent discussions, in Strasbourg, concerning the execution of European Court judgments over Cyprus-related cases...

1237. AG disagrees with former banker’s acquittal

Attorney General Costas Clerides disapproves of the acquittal of former banker Andreas Eliades, saying cases involving the collapse of the credit and financial system are “difficult and complicated...

1238. Suspects remanded in sex trafficking case

The five suspects detained Tuesday on sex trafficking charges, including three cops, have been remanded in custody while police did not rule out additional arrests pending the investigation...

1239. Ronys Toungoulos achieves highest Mark in Module 2-ADIT

K. Treppides & Co Limited congratulates Manager Ronys Toungoulos for achieving the highest mark in Module 2-Advanced Diploma in International Taxation (ADIT). He is rewarded with the International Fiscal Association (IFA) prize which is highly recognized within the professional community worldwide....

1240. Education crisis at end of tether

Difficult days lie ahead in public education, with state teachers unions saying a last-minute proposal by ruling party Disy, at least at face value, is no different than the latest government measures already rejected...

1241. Bank of Cyprus CEO stays put through 2020

Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...

1242. Over a thousand employees choose Co-Op buyout

Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...

1243. Remains of seven people identified in Athalassa

The Republic of Cyprus has identified seven bodies that were buried in 1974 and recently unearthed during excavations of human remains at Nicosia’s Athalassa hospital...

1244. Trump imposes sanctions over Turkey's detaining of pastor

The White House is announcing that the Treasury Department is imposing sanctions on two Turkish officials over a detained American pastor who is being tried on espionage and terror-related charges....

1245. Sarides arrested in Crete

A dangerous and wanted man according to Cyprus police, Haris Sarides, was arrested Wednesday night by Greek authorities in Crete...

1246. Ayia Napa marina fully ready in July 2019

It won’t be until end of 2021 when the twin towers in Ayia Napa will be completed, but boats and private yachts will be able to dock at the marina by next summer, giving the area a head start in the game...

1247. Man pleads not guilty in Yeroskipou fatal dog mauling

The 27-year-old dog owner who is facing manslaughter in the death of Petruna Nikolova has pleaded not guilty to the main charges...

1248. Greek Cypriot gets five years in the north in cannabis case

A Greek Cypriot man was sentenced to five years by a Turkish Cypriot court for carrying half a kilo of Blue Dream cannabis from the south into north Nicosia...

1249. Spanish police detain, then release Kremlin critic Browder

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...

1250. Turkey pays Greek Cypriot damages over property in north

Turkey has paid, through the Council of Europe, a Greek Cypriot non – pecuniary damages, plus legal expenses, in addition to VAT in the order of €14,526.75 in line with a European Court of Human Rights (ECHR) judgment...

1251. Yulia Skripal: Attempted assassination turned my world upside down

Yulia Skripal survived an assassination attempt that UK authorities blame on Russia. But the daughter of one of Russia’s most famous spies says she wants to return to her country “in the longer term”, despite the poisoning...

1252. Greek Cypriot seeks immediate restoration of his property in north

A Greek Cypriot has called on the Committee of Ministers of the Council of Europe to secure the immediate execution of a European Court of Human Rights (ECHR) ruling, relating to his property in the Turkish-held north...

1253. Britons living in Cyprus have nothing to fear post-Brexit

Britain says it has secured the right for UK nationals living in Cyprus to keep the same status that they currently enjoy as EU citizens...

1254. CBD bank fined  €715,000 for non-compliance of anti-laundering rules

The Central Bank of Cyprus announced Tuesday that it has imposed a fine amounting to €715,000 on the Cyprus Development Bank Ltd due to non-compliance with anti-laundering laws and directives...

1255. Catholic archbishop convicted in Australia of concealing child sex abuse

An Australian archbishop was found guilty on Tuesday of concealing child sex abuse by a priest, which Australian media said it made him the most senior Catholic in the world to be convicted on such a charge...

1256. Cypriot brothers in Fiji will make their plea in June

Defence lawyer Mark Anthony representing two Cyprus nationals charged with money laundering told the Fiji High Court that his clients were not ready to take their plea...

1257. Paraguay opens embassy in Jerusalem after US lead

Paraguay opened its Israel embassy in Jerusalem on Monday, the second country to follow the United States in making the politically sensitive move from Tel Aviv...

1258. Drugs behind the cosa nostra of Cyprus

Justice Minister Ionas Nicolaou left the possibility wide open that well known individuals and admired businessmen could be taking part in the illegal drug trade in Cyprus, suggesting that competing criminal gangs may be cooperating with each other at a higher level...

1259. Non-performing loans in banking system spike by €1.5 billion

Non-performing exposures (NPEs) in the Cyprus banking system jumped up by €1.5 billion in January, as International Financial Reporting Standard 9 entered in to force...

1260. Elusive peace grows more remote with Jerusalem embassy move

The move of the U.S. Embassy in Israel to Jerusalem, coupled with the killings of dozens of Palestinian protesters , makes the odds of a U.S.-brokered peace even more remote, analysts said....