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871. KPMG and CIM offered 2 academic scholarships

872. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

873. Putin wants UN guarantees for Cyprus

Russian President Vladimir Putin says breaches of UN resolutions on Cyprus are 'inadmissible' in a letter response to his Cypriot counterpart, adding that Moscow backs a federation-based settlement and calls for all permanent members of the Security Council to take on guarantees for the island...

874. Nicosia scores points on UNFICYP draft

Nicosia scored a diplomatic victory on Wednesday on an UNFICYP draft resolution, after members of the Security Council asked to retain narrow language on a federal solution and remove references suggesting a federal framework could be room for finding common ground...

875. Jewel sets sail fully vaccinated from Limassol

The Jewel of the Seas sets sail from Limassol on Saturday marking the beginning of Royal Caribbean’s return to the Mediterranean, a bold move mid-pandemic after Cypriot authorities jumped on board to offer a helping hand to an industry desperately looking for a welcoming port...

876. Anastasiades feels vindicated by passport probe

Cypriot President Nicos Anastasiades says a final report on the island’s disgraced golden passport scheme has alleged no deceit on his part, with the commander in chief apologizing for mistakes made under his administration which he attributed to lack of regulations and oversight over the years...

877. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

878. Cyprus to try hand at luxury camping

Cyprus’s tourism minister says there is great interest in Cyprus becoming a “glamping” destination, but laws need to be amended as luxury camping, a crossover between campgrounds and hotels, is not currently regulated in the Republic...

879. Cyprus’ passport committee issues final report

Over half of the golden passports approved by the President’s Cabinet in the Republic of Cyprus were illegal, a special committee has found, and it is now up to the attorney general to ascertain whether any ministers may have had fraudulent intent...

880. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

881. KPMG and CIM offer 2 scholarships

KPMG in Cyprus and the Cyprus Institute of Marketing – The Cyprus Business School (CIM) offer for third consecutive year the opportunity to two fellow citizens to acquire an undergraduate or a postgraduate degree...

882. Advisory Services to the Cyprus Cancer Research Institute

KPMG in Cyprus will offer pro-bono Advisory Services to the Cyprus Cancer Research Institute (CCRI). Based on the partnership, the scope of services relates to the overall design of the Institute’s operational processes...

883. Official says no data privacy after death

Cyprus’ privacy commissioner says a recent decision by the health ministry to withhold vaccination history in reported COVID deaths could not be based on privacy concerns but 'possibly other reasons'...

884. Citizens not trusted with Covid self tests

Home test kits for COVID-19 are helping many countries detect infections while reducing long lines outside testing centers, but over-the-counter testing has not been incorporated in the Republic of Cyprus where officials remain reluctant over trusting private citizens with the results...

885. Anastasiades warns against new faits accomplis

Despite talks in Geneva coming to an unsuccessful end after the UN Secretary-General Antonio Guterres announced he failed to find common ground among parties, President Nicos Anastasiades lauded the successful management of the summit on the part of Guterres and the Greek Cypriot representation....

886. No common ground in sight in Geneva

The two Cypriot leaders and media coverage of their separate discussions with the UN chief in Geneva could not be more diametrically opposed, with the parties in the 5+1 meeting called to reflect on their positions before assembling again on Thursday...

887. US-Turkish alliance at a critical crossroads

The rift between Joe Biden and Recep Tayyip Erdogan runs deep as the American president – in contrast to his predecessor – attaches a great deal of importance to respect for democratic values and does not see his Turkish counterpart as willing to cooperate in the framework of a world order based on shared principles and rules, Ian Bremmer, the head of Eurasia Group, tells Kathimerini in an interview....

888. Christodoulides: Failure in Geneva won’t benefit anyone

A failure of the informal five-party summit would constitute a negative development for all participants, Foreign Minister Nikos Christodoulides said in an interview with Kathimerini Cyprus' Marina Economides, just before the new UN-led initiative was set to kick off in Geneva on Tuesday....

889. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...

890. Commission officially registers halloumi PDO

The European Commission announced on Monday the official decision for the registration of halloumi/hellim as a protected designation of origin (PDO) product, protecting it against imitation and misuse across the EU....

891. KPMG Cyprus announces partnership with EnergyIntel

KPMG in Cyprus and EnergyIntel have signed a partnership agreement for the provision of the innovative, energy-efficient solution, PayGreen...

892. Cyprus tourism hopes crushed as Jet2 pulls plug

Jet2 says it will suspend flights and holidays until at least 23 June citing uncertainty over London’s travel proposals, making the decision yet another British hit on Cyprus tourism expectations...

893. Gloves are off again over golden passports

Cyprus’ auditor general told a House committee this week that the Cabinet used old rules to approve over two hundred golden passports after the cutoff date for an investigation ordered by the attorney general, who pushed back on the criticism saying there was 'no bottom to the abyss'...

894. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

895. Health Ministry announces two deaths, 559 cases

The Health Ministry announced two coronavirus fatalities and 559 cases on Tuesday, raising the death toll to 264 and total cases detected so far to 48,837....

896. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

897. Joint Cyprus-Israel military exercise kicks off in Nicosia FIR

A joint military exercise between the forces of the Republic of Cyprus and Israel dubbed ‘Onysilos-Gedeon 2021’ kicked off on Monday at the Nicosia FIR, the Defence Ministry said....

898. Islandwide rollout of 'pay as you throw' programme in 2022

The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....

899. EY Cyprus participated in the 4thCyprus International Tax Conference

EY Cyprus has once again supported and participated in the 4thCyprus International Tax Conference, on Tuesday March 30th....

900. US-Greece-Cyprus naval training exercise in pictures

Greece, Cyprus and the United States conducted a joint training exercise in naval special forces that ran between 16-24 March off the coast of Souda bay in Crete....