Search

1231. 2021 KPMG CEO Outlook Pulse Survey

1232. 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'...

1233. Restaurant in Nicosia centre heavily gunned

A fashionable restaurant in the centre of Nicosia was heavily attacked with gunfire in the early hours of Wednesday, with authorities following CCTV leads depicting the gunman in action. ...

1234. Damning State Dep. report highlights Cyprus human rights issues

A US State Department country report on human rights practices in 2020 proved damning for Cyprus which was found to have had significant human rights issues last year....

1235. President meets with EU Health Commissioner in Nicosia

President Nicos Anastasiades met with the EU Commissioner for Health and Food Safety, Stella Kyriakides on Monday to discuss EU efforts to combat the Covid-19 pandemic....

1236. EU pledges to keep AstraZeneca doses in the bloc for now

The European Union will ensure that coronavirus vaccines produced by AstraZeneca within the bloc stay there until the company returns to fulfilling its delivery commitments, Internal Market Commissioner Thierry Breton said on Friday. ...

1237. Syrian walks free after long detention

A Syrian man was detained since May 2019 on terrorism charges won his appeal on Thursday, after the Supreme Court ruled that his detention had exceeded any valid period that had previously been justified on national security grounds...

1238. Cyprus hotels eyeing May for reopening doors

April is the month in which the first bookings of tourists from Israel to Cyprus are set to begin. Although large flows of tourists to Cyprus are not expected at that time, it is clear that those tourists who will come will be needing tourist accommodation. They will however have to choose between the few hotels that remain open, or even the individual ones that will resume operation by April, since all hoteliers aren’t planning to reopen their doors before May at the earliest....

1239. Cyprus excited over Mars landing

A new Mars rover is expected to touch down on the red planet Thursday night, carrying names of people all around the world including Cyprus, but all the buzz is about a live event in Nicosia and a helicopter called Ingenuity...

1240. Brussels concerned over Pournara refugees

The Republic of Cyprus’ handling of asylum seekers at Pournara camp remains on Brussels’ radar, with a host of different challenges raising questions over how the European Union and some member states can get on the same page without resorting to legal battles...

1241. US says Turkish coup claims 'wholly false'

The US State Department said on Thursday assertions by Turkish officials that the United States was involved in a failed 2016 coup in Turkey were 'wholly false'...

1242. Turkish minister says US behind 2016 failed coup attempt

Turkey's interior minister accused the United States on Thursday of being behind a 2016 failed coup that Ankara has blamed on a US-based Muslim preacher, the Hurriyet daily reported, at a time when Turkey is seeking improved ties with its NATO ally....

1243. President blames CIP failure on recklessness

Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...

1244. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

1245. Police lose state fraud case in Limassol

Defendants in Limassol’s case involving an alleged scam with food stamps and housing vouchers for homeless persons walked free this week, after prosecutors said they were unable to bring witnesses forward to testify in court...

1246. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

1247. Redacted report on golden passports published

A redacted version of the Kalogerou report on golden passports is expected to be made public on Tuesday afternoon, amid criticism of the government from opposition parties calling for transparency in probing corruption allegations...

1248. Cabinet agrees on plastic bag ban at sales points

The Cabinet on Tuesday agreed on a blanket ban on thin plastic bags at points of sale, with the decision to come into force once passed by the House plenum....

1249. Cyprus to begin vaccinations on December 27

Vaccinations in Cyprus will begin in unison with other EU member states on December 27 following approval by the European Medicines Agency (EMA)....

1250. AstraZeneca hitches ride with Russia's Sputnik in vaccine race

AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....

1251. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...

1252. Man gets six years in Ayia Napa rape

A man has been sentenced to six years in prison for the rape of a British girl in Ayia Napa, after prosecutors said DNA evidence linked him to the crime...

1253. Turkish-Cypriot leader insists on two-state solution

In a Kathimerini interview a month after becoming the leader of the Turkish-Cypriot community, Ersin Tatar reiterated his opposition to a bizonal, bicommunal solution for Cyprus, insisting on a two-state model and calling for “a border adjustment” between the two sides....

1254. Government ups rhetoric against auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...

1255. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1256. EU could pay over $10 billion for Pfizer and CureVac vaccines

The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks told Reuters....

1257. Man jailed in fake marriage manslaughter

A man has been sentenced to 15 years in prison on manslaughter charges in connection with a fake marriage deal gone wrong, while his girlfriend also did time for withholding information from police...

1258. FBI offers deal to 'Cypriot hacker'

A young man known as the “Cypriot hacker” who was flown to the United States last summer to face trial, may have a deal after all, with reports saying Joshua Polloso Epifaniou is ready to enter a plea but it is unclear if he would need to do jail time halfway around the world...

1259. Editorial: The third invasion

The first invasion engraved in Cyprus’ collective memory is that of July 20 1974, while the second is that of August 14 1974, when the Turkish army violated the truce agreement and moved its tanks towards Famagusta....

1260. Cypriots to protest over golden passports probe

A new demonstration will take place outside the Presidential Palace on Friday, with protesters gathering to express their frustration over the government’s handling of the golden passport scandal and demand that officials take ownership of the crisis...