Search

1381. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

1382. Local man says his kids were kidnapped

Police are looking for a European woman who allegedly abducted her two children three weeks ago and left the country...

1383. Defence assembled in Ayia Napa rape case

The Ayia Napa rape accuser trial has been pushed back for another week as the British defendant seeks permission to have a British lawyer representing her case...

1384. Traveler arrested over suspicious documents

A judge in Paphos ordered a male traveler of undisclosed origins to be remanded in custody for five days, after airport police said they spotted inconsistencies in his documents as he was trying to catch a flight to Mykonos...

1385. Villages evacuated in Greek wildfire

Aircraft sprayed water early on Wednesday in a bid to douse the flames of a huge wildfire on the Greek island of Evia that had prompted the evacuation of villages and spurred an appeal from authorities for assistance from European partners...

1386. Money pouring in for rape accuser’s defence

A fundraising project has raised over €22,000 in an effort to pay for legal fees for the British teen accused of making false statements to police in the Ayia Napa gang rape case...

1387. Authoritarian, divisive, hard right?

A few days ago, the New York Times published an opinion piece on political developments in Greece on its front page in which the author denounced the return to power of the “hard” right under the leadership of an “authoritarian” prime minister with “anti-democratic instincts.” ...

1388. EY: The sale of the three subsidiaries of Cyprus Popular Bank has been completed

1389. Foreclosure legislation unconstitutional

The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...

1390. Rape accuser reshapes legal defence

An arraignment hearing has been postponed for the British female accused of making false statements in the Ayia Napa gang rape case, with reports saying her local attorney is stepping aside due to disagreement on handling the defence...

1391. Perseids peak this weekend

Stargazing enthusiasts can expect to see around a dozen Perseids per hour this weekend, which is the peak of the summer meteor shower...

1392. Ayia Napa police reject coercion allegations

Ayia Napa police are responding to allegations of misconduct in the ongoing gang rape case, rejecting a report that suggested officers forced a British teen to withdraw her complaint...

1393. President Anastasiades aims at a creative meeting with Akinci, Spokesman says

The President of Cyprus Nicos Anastasiades aims at a creative meeting with Turkish Cypriot leader Mustafa Akinci, on Friday, in a bid to create the necessary conditions for the resumption of settlement talks, Prodromos Prodromou said on Monday....

1394. Rape accuser says cops coerced confession

A new twist in the Ayia Napa gang rape case emerged on Sunday night, after The Sun ran a story about the alleged victim who says police dictated her confession and used threats to make her sign...

1395. Ayia Napa rape accuser’s lawyer fires back

The lawyer of a British teen, who is accused of making false statements to police in a rape complaint in Ayia Napa, says his client is a victim of revenge porn and wants to know who leaked a gangbang sex video...

1396. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

1397. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

1398. Unemployment in Cyprus drops to 6.5%

The euro area seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% in June 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union ...

1399. Cocaine found on Cypriot-flagged ship

Twenty-two seamen on board the Cyprus-flagged UBC Savannah have been detained in Mexico on suspicion of illegal drug trafficking...

1400. Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

1401. Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

1402. Cyprus Tax Webcast, July 2019

1403. Digital Challenges for Internal Auditors & DPOs

1404. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...

1405. Rape accuser lawyers up in Ayia Napa case

The arraignment of the rape accuser in the Ayia Napa gang rape case was pushed back one day in order for the British woman, who faces charges of public mischief, to have her lawyer present in the courtroom...

1406. Greek Prime Minister in Cyprus for an official visit

Greek Prime Minister Kyriakos Mitsotakis begins today a two-day official visit to Cyprus, his first after he assumed his duties following the elections of July 7th. He is accompanied, inter alia, by Greece`s Foreign Minister Nikos Dendias ...

1407. Domestic worker’s death prompts new investigation

The Supreme Court has ruled that the case of a foreign domestic worker’s death is to be forwarded to the state attorney, after striking down a judicial review request by her employers who sought to block a human rights investigation...

1408. Israeli dozen exonerated in Ayia Napa case

A British female, who was the accuser in the alleged gang rape in Ayia Napa, is expected to be formally charged with public mischief on Monday, while all twelve Israeli teens are no longer suspects and have been released from custody...

1409. Police arrest Ayia Napa rape accuser

Police have arrested the Ayia Napa rape accuser on public mischief charges, with reports saying she is believed to have falsely claimed she was gang raped by Israeli teens ten days ago...

1410. Britain begins escorting all UK vessels through Hormuz Strait

Britain has started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so. ...