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4591. US congresswoman on a money trail to Cyprus

A US Congress delegation is set to visit Cyprus to hold meetings on financial matters, led by Chairwoman Maxine Waters who vowed earlier this year to conduct oversight hearings into financial dealings of the US president...

4592. Passport holder vindicated after months in jail

A French citizen who spent four months in jail awating trial after being accused of using a fake passport was vindicated on Monday, after a judge said a reasonable suspicion against him was not warranted...

4593. Man arrested following Limassol wildfire

One suspect was detained for questioning by police in connection with a Monday wildfire in Limassol district, which continue to rage overnight and was said to have been partially contained by the early morning...

4594. Tourism staggers but officials still hope

Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...

4595. Common interest for talks but disagreements remain

President Anastasiades said that there is a positive climate and a common basis on which the talks for a Cyprus settlement can take place, noting, at the same time, that disagreements on serious issues remain, but there is an agreement that differences cannot be bridged without dialogue. ...

4596. 10 Best Cocktail Bars in Ayia Napa and Protaras

There’s one thing there’s no shortage of in Ayia Napa and Protaras it bars! From exclusive cocktail lounges to traditional beach bars and, of course, fantastic clubs and roof bars. Whether you want to admire the town from above or watch the sun goes down, check out our guide to the best cocktail bars in Cyprus...

4597. Joint statement following Anastasiades-Akinci meeting

Statement by the United Nations Spokesperson in Cyprus on behalf of the Turkish Cypriot leader, Mr. Mustafa Akıncı and the Greek Cypriot leader, Mr. Nicos Anastasiades...

4598. Greek PM in charm offensive aiming to ease primary surplus targets

Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....

4599. British Airways flights disrupted by IT failures

Problems with British Airways’ IT systems left thousands of passengers facing flight cancellations, delays and long queues at airports in the airline’s third major computer failure in a little more than two years. ...

4600. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

4601. Energy officials from Greece, Cyprus, Israel and US meet in Athens

Officials from Greece, Cyprus, Israel and the United States are meeting in Athens Wednesday to discuss energy issues...

4602. Energy ministers to meet in Athens

The officials plan to set up a working committee of high-level officials to identify specific cooperation projects and ways to implement them....

4603. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

4604. Tangible rewards for alliance-building

Greece's military spending has shrunk dramatically as a result of the crisis, widening the defense gap with Turkey. Successive Greek governments have spent billions on armaments over the past few decades, yet there is very little to show for it in terms of a defense industry. After an ambitious start, state-owned firms such as the Hellenic Aerospace Industry (EAV) and others were gradually choked by mismanagement from political parties and unionism...

4605. Cyprus ready to push on migration question

Interior Minister Constantinos Petrides is drafting a letter for his EU counterparts, in which he is expected to formally ask for a number of individuals under protection status in the Republic of Cyprus to be relocated to other member states...

4606. Akar says effort to scrap guarantees on Cyprus 'futile'

Turkish Defense Minister Hulusi Akar has reportedly reiterated Ankara’s rejection of calls by Cyprus and Greece for a scrapping of the system of guarantees that were established when the island gained independence from Britain in 1960. ...

4607. Officials spot loopholes in medical cannabis law

A number of provisions in the medical marijuana legislation were taken out prior to a vote, prompting officials to call for amendments to block doctors from prescribing cannabis without any limits...

4608. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

4609. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

4610. 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....

4611. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

4612. Guarantees and Rights of Intervention

Both Turkey’s illegal invasion in 1974 and its occupation of Cyprus, were claimed to be based on its own interpretation of the Treaty of Guarantee. These arguments are well known. Today, Turkey still insists on the same interpretation of this Treaty....

4613. Digital Challenges for Internal Auditors & DPOs

4614. Nicosia walls literally coming down

A conservation group has slammed authorities in the north over the partial collapse of the Guerini Bastion, saying it had warned about the conditions of the Nicosia medieval walls but nobody took them seriously...

4615. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

4616. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

4617. Cyprus issue top priority says Mitsotakis

The main concern and complete, firm strategic pursuit of Greece’s external policy is an end to the Turkish occupation, stated Monday Greek Prime Minister Kyriakos Mitsotakis. ...

4618. With courage and moderation

It is often said Greece’s post-dictatorship era ended with SYRIZA’s defeat. But how will we now close the accounts of the past and stop arguing about what happened 44 or 75 years ago? And how will Greece look ahead to resolve its accumulated problems – now we are done with ideological fixations and have lived the “dream” of the Left in power?...

4619. 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. ...

4620. IKEA branches out to Limassol

IKEA is reaching out to Limassol fans and beyond, with a new Planning Studio location now open in the southern town...