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451. 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....

452. Greece planning major wall extension on border with Turkey

Greek authorities say they are planning a major extension of a wall along the country’s border with Turkey and are seeking European Union financial support for the additional construction....

453. Lebanese banks in Cyprus to shut down amid the country's financial crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

454. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

455. EU Energy Commissioner: 'Cyprus has enormous potential in terms of solar and wind energy production.'

In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....

456. Cyprus to investigate billionaire’s missing millions

A lawyer for a Jewish billionaire says he is confident Cypriot authorities will investigate a complaint into whether a former Israeli army officer embezzled his client’s money on the island...

457. Cyprus freezes creation of juvenile correctional facility

The parliament in the Republic of Cyprus has failed to approve funds allocated for a juvenile detention center, causing the country to remain the only EU member state without a proper correctional facility for young offenders...

458. Leaked SC abortion ban could also apply to rape and incest victims

Twenty-two states have abortion bans that would become law almost immediately if a leaked Supreme Court decision on abortion rights goes into effect....

459. British Forces saddened by 'hostile response' towards Platinum Jubilee concert

The British Forces Cyprus have expressed sorrow for the "hostile response of a very small minority towards our charity concert planned for 2 June, which had always been intended as an opportunity to celebrate the Platinum Jubilee with friends and to raise funds for some very worthy causes."...

460. Petrides: 'Things will be difficult in the coming years'

The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....

461. Price hike of raw materials affecting developers and construction costs

The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....

462. Op-ed: ESG, DEI and other acronyms and why we need to know about them IMHO*

Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....

463. First ever publicly financed equity fund will benefit Cyprus startups

The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...

464. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

465. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

466. Cyprus and EU economies facing a 'twin problem' following the war in Ukraine

The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....

467. Russia deploys trained dolphins at Black Sea naval base, according to satellite images

Russia has deployed trained military dolphins at its naval base in the Black Sea – possibly to protect its fleet from an underwater attack – according to a new analysis of satellite images....

468. Cashing in: No payment problems for Russian tourists in Turkey

Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....

469. EY Survey: Growing sustainability risks put pressure on law departments

Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....

470. Consulco’s London Credit Fund Q1 2022 Results

Consulco achieved a remarkable first quarter of 2022, during which our London Credit Fund achieved a dividend of £ 13.07 per unit of its Class A shares, $ 11.14 per unit for its Class C shares and € 9.00 per unit for its Class E shares. ...

471. The MSCI 2021 results are in - Consulco Outperforms the Market

The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....

472. Nicosia drops hint at ferry link this summer

The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...

473. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

474. Russia teetering on brink of default as US stops bond payments

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....

475. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

476. Nicosia roundtable calls on Cyprus to reexamine sanctions

Leaders from the Russian business community in the Republic of Cyprus are calling on the government to reexamine sanctions in the wake of the war in Ukraine, saying the measures were hurting the island nation...

477. Russians pile into property in Istanbul and Dubai to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....

478. As the UK experiences a student exodus, Greek universities eye English-speaking students

Greek universities plan to expand the number of programs offered in English, aiming to attract students from the Balkans, other Mediterranean countries, South Asia and China, as well as interested Greek students....

479. Walls go up as wall comes down in divided Nicosia

Turkish Cypriot city officials in north Nicosia say they are prepared to tackle a collapsed Venetian wall with or without help from the south, as both sides on the divided island still disagree on how to fix it together...

480. 8 feel good stories from the conflict in Ukraine that will inspire and give you hope in humanity

From charities and governments to celebrities and everyday people, millions are pitching in to ease the burden for fleeing or sheltering Ukrainians. In turn, they’re inspiring the world with their generosity and strength....