https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties
The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...
https://knews.kathimerini.com.cy/en/news/eu-keeps-expanding-future-vaccine-portfolio
EU Health Commissioner Stella Kyriakides said the European Commission has concluded exploratory talks with CureVac to purchase a potential vaccine against COVID-19...
https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms
It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...
https://knews.kathimerini.com.cy/en/news/cyprus-to-draw-over-€2-7b-from-eu-pandemic-recovery-fund
European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....
https://knews.kathimerini.com.cy/en/news/eu-summit-breaks-up-after-all-night-talks-to-resume-later
A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....
https://knews.kathimerini.com.cy/en/news/eu-raises-its-bet-on-blood-plasma-in-search-for-covid-19-treatment
The European Union wants to fast-track funding to treat Covid-19 patients with blood plasma collected from survivors, an EU document seen by Reuters shows, in a sign of the bloc’s growing confidence in the experimental treatment....
https://knews.kathimerini.com.cy/en/news/us-to-include-cyprus-in-army-programme
The American Embassy in Nicosia says the United States are looking forward to expanding their military education and training programmes to include Cyprus, with plans to introduce professional and technical courses in 2021...
https://knews.kathimerini.com.cy/en/news/eu-gives-go-ahead-for-cyprus-greece-ferry-connection-subsidy
Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....
https://knews.kathimerini.com.cy/en/news/cyprus-outlines-drastic-step-on-migration
Republic of Cyprus Interior Minister Nikos Nouris is urgently seeking a constitutional amendment to shorten the time of due process for asylum applicants, calling a set of government-sponsored bills a “holistic approach” to immigration during a press conference on Thursday...
https://knews.kathimerini.com.cy/en/news/cyprus-to-apply-for-financial-assistance-from-esm-s-pandemic-crisis-support
Cyprus will tap into the European Stability Mechanism’s Pandemic Crisis Support fund to cover its elevated healthcare expenditure which came as a result of the coronavirus outbreak, Finance Minister Constantinos Petrides said Thursday.
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https://knews.kathimerini.com.cy/en/news/cabinet-in-tight-spot-talks-measures
The President’s Cabinet is discussing the ease of measures ahead of a meeting later this week with health experts, amid reports there could be second thoughts among scientists...
https://knews.kathimerini.com.cy/en/news/the-crisis-is-here-and-should-not-be-underestimated-finmin-warns-parties
As political parties continue to quarrel over a bill seeking to release government funds as guarantees for loans to businesses hit affected by the coronavirus outbreak, Cyprus Minister of Finance Constantinos Petrides warned that “the crisis is here and should not be underestimated.”...
https://knews.kathimerini.com.cy/en/news/greece-pledges-€3m-to-covid-19-vaccine-fundraiser
Greece is among dozens of nations that will help bankroll research into new treatments and a vaccination against the deadly novel coronavirus, pledging 3 million euros to the cause during a fundraising event on Monday....
https://knews.kathimerini.com.cy/en/news/attorney-general-weighs-in-on-casino-probe
The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...
https://knews.kathimerini.com.cy/en/news/cyprus-irked-over-mystery-casino-probe
The Republic of Cyprus is asking the European Anti-Fraud Office for more information into a probe of misuse funds, following reports that stolen EU money was pumped into a casino project on the island...
https://knews.kathimerini.com.cy/en/news/eu-investigators-follow-the-money-to-cyprus
Cyprus came on the European Anti-Fraud Office’s radar this week, after it emerged that money allegedly stolen from an environmental project was diverted to a casino project on the island...
https://knews.kathimerini.com.cy/en/news/eu-unveils-virus-exit-roadmap-hoping-to-avoid-more-chaos
The European Union moved Wednesday to head off a chaotic and potentially disastrous easing of restrictions that are limiting the spread of the coronavirus, warning its 27 nations to move very cautiously as they return to normal life and base their actions on scientific advice....
https://knews.kathimerini.com.cy/en/news/government-funds-are-not-unlimited-finance-minister-warns
Finance Minister Constantinos Petrides said Monday that the government does not have unlimited funds with which to support the local economy during these tough times....
https://knews.kathimerini.com.cy/en/comment/opinion/we-will-defeat-our-shared-pandemic-enemy-and-rise-stronger-in-its-wake
The story of U.S. leadership in the global battle against Covid-19 is a story of days, months, and decades. Every day, new U.S. technical and material assistance arrives in hospitals and labs around the world. These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and planning that is unmatched in history....
https://knews.kathimerini.com.cy/en/news/ngos-raise-alarm-over-inhumane-conditions-at-overcrowded-migrant-detention-camp
Two migrant and refugee support NGOs, Cyprus Refugee Council and Caritas Cyprus, have raised the alarm over the inhumane conditions that have developed in the Kokkinitrimithia camp, particularly since the coronavirus pandemic broke out on the island....
https://knews.kathimerini.com.cy/en/news/china-s-ambassador-responds-to-us-criticism
The Chinese ambassador in Nicosia is firing back at US and media criticism over his country’s response to the coronavirus outbreak, adding that he believes Cyprus will win the battle against the coronavirus...
https://knews.kathimerini.com.cy/en/news/cooperation-and-transparency-needed-to-fight-covid-19
In today’s age of social media, it has unfortunately become normal to see false information reach a broad audience instantaneously through the Interne...
https://knews.kathimerini.com.cy/en/news/north-stocking-up-on-medical-supplies
More cases in the north are being released from quarantine while others test positive, as Turkish Cypriot authorities see medical supplies and financial support starting to pour in...
https://knews.kathimerini.com.cy/en/news/eu-to-launch-€37bn-coronavirus-investment-initiative
The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....
https://knews.kathimerini.com.cy/en/news/turkey-deploys-1-000-police-at-greek-border-to-stem-pushback-of-migrants
Turkey is deploying 1,000 special police forces along its border with Greece on Thursday to halt the pushback of migrants toward its territory, Interior Minister Suleyman Soylu said, adding that 164 migrants had been wounded by Greek authorities....
https://knews.kathimerini.com.cy/en/news/finland-to-accept-175-asylum-seekers-from-cyprus-and-other-mediterranean-countries
The government of Finland announced on Thursday that it will be accepting up to 175 asylum seekers from Cyprus, Greece, Malta and Italy, in a bid to facilitate their humanitarian situation in EU member states in the Mediterranean....
https://knews.kathimerini.com.cy/en/news/eu-bans-two-turks-over-drilling-off-cyprus
The European Union has imposed sanctions on two Turkish nationals in connection with their company’s drilling activities off Cyprus...
https://knews.kathimerini.com.cy/en/news/greek-pm-meets-with-five-eu-leaders-over-bloc-s-budget
Greek Prime Minister Kyriakos Mitsotakis held talks in Brussels on Friday with the leaders of Germany Angela Merkel, France Emmanuel Macron, Spain Pedro Sanchez, Italy Giuseppe Conte and Portugal Antonio Costa in a bid to break a deadlock in negotiations for the European Union’s 2021-2027 budget....
https://knews.kathimerini.com.cy/en/news/one-in-four-in-cyprus-at-risk-of-poverty
Some 200,000 persons (23.9 per cent of the Cyprus population), or one in four, are at risk of poverty, participants of a two-day discussion in Nicosia organized by Cyprus and EU-wide anti-poverty networks heard....
https://knews.kathimerini.com.cy/en/business/end-of-2019-sees-historic-high-in-investment-funds-assets
Investment funds’ assets reached a historic high at the end of 2019, data released by the Cyprus Central Bank on Thursday showed....
