Search

1651. Turkey's fiscal cooperation with occupied areas unacceptable

Cyprus President Nicos Anastasiades intends to send letters to the UN Secretary-General, the EU, the guarantor powers and the US to inform them of the illegal protocol of economic and fiscal cooperation Turkey has signed with the regime in the island’s occupied areas....

1652. Guterres: 'More direct contact between the two communities is needed'

UN Secretary-General Antonio Guterres has urged the leaders in Cyprus, President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar to encourage more direct contact and cooperation between the two communities, expressing his concern about the likelihood that the already difficult climate between the parties could worsen....

1653. Ukraine takes first steps to EU membership

The European Commission has backed Ukraine and Moldova to become candidates for EU membership....

1654. Switzerland to contribute 10 million euros to assist with increasing migration

The framework to implement the contribution of Switzerland to Cyprus, estimated at 10 million euros for the needs arising from the increasing migratory flows to the island was examined during a meeting on Thursday between Minister of Interior Nikos Nouris and Switzerland's ambassador to Cyprus, Pierre-Yves Fux....

1655. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

1656. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

1657. Mavroyiannis open to gas for Turkey before solution

AKEL-backed independent presidential candidate Andreas Mavroyiannis says Cyprus could sell natural gas to Turkey before a comprehensive solution can be reached on the island, marking a departure from official policy as well as the position of his opponents...

1658. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

1659. Anastasiades: 'Turkey’s positions are the epitome of revisionism'

Turkey’s stance on Varoshia is the epitome of revisionism, President of the Republic of Cyprus Nicos Anastasiades has said when invited to comment on recent statements by Turkish Foreign Minister Mevlut Cavusoglou....

1660. How likely is a Greek-Turkish military conflict?

"Conflict over the Aegean Islands: Erdogan Threatens Europe with Next War." This is the title of a comment by the Greek-born editor-in-chief of the Munich newspaper Münchner Merkur, George Anastasiadis, on Turkey's new threats against Greece over sovereign rights in the eastern Aegean islands....

1661. Athens sees Ankara raising tensions

Greek officials expect two moves by Turkey that will ratchet up tensions between the two nominal allies up another notch this summer, to levels not seen since 2020....

1662. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

1663. Cyprus grieves over loss of beloved minister

Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...

1664. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

1665. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

1666. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

1667. Cyprus objects to airport designation in Turkish-occupied north

Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday....

1668. EU should play more active role towards Turkey

The EU should have a more active role and exert pressure on Turkey to terminate its hostile attitude and focus on its European course Cypriot MP Ηarris Georgiades, Chair of the Foreign affairs committee told Piero Fassino, rapporteur for Famagusta of the Parliamentary Assembly of the Council of Europe....

1669. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

1670. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

1671. KPMG and CIM offer two scholarships

Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...

1672. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

1673. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

1674. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

1675. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

1676. Global IPO market experiences significant slowdown in Q1 2022

1677. 'Mutually beneficial' CBMs rejected by Tatar

Government Spokesman Marios Pelekanos stated today that a proposal by Cyprus President, Nicos Anastasiades, on a package of Confidence Building Measures (CBM) is mutually beneficial and promotes a positive climate for the resumption of Cyprus talks....

1678. Menendez: 'There will be consequences for Turkey's violations'

The Turkish occupation of Cyprus and Ankara's policy, which remain a threat to stability and prosperity in the region, was raised by Senator Robert Menendez during the Annual Economist New York Mediterranean Business Summit on Tuesday....

1679. Efforts continue for the release of the Cypriot captain on one of the seized ships

Cyprus' Ministry of Foreign Affairs is continuing its diplomatic efforts for the release of a Cypriot captain, a member of the crew of one of two Greek oil tankers recently seized by Iran's Revolutionary Guards in the Gulf. ...

1680. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....