https://knews.kathimerini.com.cy/en/news/folli-follie-report-unveils-17-year-scam
The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers.
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https://knews.kathimerini.com.cy/en/news/report-on-passport-scheme-to-be-released-president-says
President Anastasiades said the report of the investigative committee spearheaded by Securities and Exchange Commissioner Demetra Kalorigou on the island’s disgraced citizenship-by-investment program will be released next Tuesday....
https://knews.kathimerini.com.cy/en/news/turkey-hopes-to-turn-new-page-with-us-eu-in-2021-erdogan-says
President Tayyip Erdogan said on Wednesday that Turkey hopes to “turn a new page in its ties with the United States and European Union, and that Ankara had been subjected to “double standards” by both its NATO ally Washington and the bloc....
https://knews.kathimerini.com.cy/en/news/police-in-the-dark-over-kolossi-fight
Police investigators remain in the dark over a violent confrontation with political undertones in Limassol on Wednesday, with reports saying an army captain in remanded custody is refusing to cooperate with law enforcement authorities...
https://knews.kathimerini.com.cy/en/news/dbrs-warns-against-protracted-process-in-approving-bugdet
Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....
https://knews.kathimerini.com.cy/en/news/blame-game-in-full-swing-after-budget-vote
The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...
https://knews.kathimerini.com.cy/en/news/cyprus-calls-on-egypt-to-assist-in-persuading-turkey-to-shift-intransigent-stance
Cyprus President Nicos Anastasiades has asked the Egyptian government to exert every effort towards persuading Turkey to alter its intransigent stance and to reverse its unilateral and provocative actions, in view of ultimately easing of tensions in a consistent and sustained manner, allowing the cultivation of a climate that is conducive to facilitating the resumption of the peace process....
https://knews.kathimerini.com.cy/en/news/turkey-at-risk-of-extended-sanctions-by-march-eu-source-tells-kathimerini
Ankara could be slapped with more European sanctions depending on the findings of an evaluation report on Turkey expected by March, a senior diplomatic official has told Kathimerini on condition of anonymity....
https://knews.kathimerini.com.cy/en/news/new-chinese-ambassador-hails-deepening-relations-with-cyprus
China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-5g-frequencies-auction
In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....
https://knews.kathimerini.com.cy/en/news/ankara-tries-to-open-jerusalem-channel
In a bid to create rifts in Israel’s alliances with Greece and Cyprus, Turkey is reportedly trying to open channels with Tel Aviv through proposals officially submitted by retired rear admiral Cihat Yayci, architect of Ankara’s expansionist Blue Homeland doctrine and its maritime borders pact with Libya. ...
https://knews.kathimerini.com.cy/en/news/electors-pick-biden
President-elect Joe Biden delivered a forceful rebuke on Monday to President Donald Trump’s attacks on the legitimacy of his victory, hours after winning the state-by-state Electoral College vote that officially determines the US presidency...
https://knews.kathimerini.com.cy/en/news/pressure-mounts-on-eu-drug-regulator-to-approve-pfizer-vaccine
Europe's drug regulator is under increasing pressure to quickly approve the Covid-19 vaccine developed by US giant Pfizer and Germany's BioNTech, officials said, as inoculations get started in Britain and the United States....
https://knews.kathimerini.com.cy/en/news/dendias-warns-against-appeasing-turkey
Greek Foreign Minister Nikos Dendias says the European Union should have shown more determination in taking decisions regarding Turkey, breaking ranks with Cyprus’ president who said he was fully satisfied with EC conclusions...
https://knews.kathimerini.com.cy/en/news/eu-leaders-pull-turkey-punch-at-last-minute
European Union leaders agreed on Thursday to prepare limited sanctions on Turkish individuals over an energy exploration dispute with Greece and Cyprus, postponing any harsher steps until March as countries sparred over how to handle Ankara...
https://knews.kathimerini.com.cy/en/news/eu-leaders-weigh-sanctions-over-turkey-s-med-drilling-work
Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-to-talk-turkey-after-all-is-said-and-done
The 'Turkey issue' is far from clear as EU leaders prepare to meet on Thursday, with Ankara accusing Athens of taking a provocative stance and Paris laying it all out before the Union could resume talks with NATO’s eastern flank member...
https://knews.kathimerini.com.cy/en/news/state-budget-up-in-the-air-over-golden-passports
Opposition parties are cranking up the pressure on Interior Minister Nikos Nouris, who has been refusing to hand over files in connection with the golden passports scandal, with the Democratic Party making good on its promise not to vote the state budget later this month if there is no transparency...
https://knews.kathimerini.com.cy/en/news/cypriot-police-scolded-again-over-spy-van
The Supreme Court in the Republic of Cyprus has recalled an arrest warrant for Avraham Shahak Avni, a Jewish community leader who is implicated in the spy van probe, ruling that police had no reasonable basis to detain a man who had been otherwise cooperating with authorities from the get-go...
https://knews.kathimerini.com.cy/en/news/cabinet-shrinks-oversized-security-detail-for-vips
Party leaders and former state officials in the Republic of Cyprus will see their security detail downsized following a Cabinet decision on Thursday, also tasking police to evaluate the size of the presidential guard...
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-to-regulate-lobbying
Debate on a legislation proposal that would regulate lobbying in the Republic of Cyprus will continue next year, when parliamentary elections will be in full swing, after the justice ministry introduced amendments to reconcile transparency rules with realities of politicking on the island...
https://knews.kathimerini.com.cy/en/news/eu-criticizes-hasty-uk-approval-of-covid-19-vaccine
The European Union criticised Britain's rapid approval of Pfizer and BioNTech's Covid-19 vaccine on Wednesday, saying its own procedure was more thorough, after Britain became the first western country to endorse a Covid-19 shot....
https://knews.kathimerini.com.cy/en/news/lute-gets-cypriot-nod-for-five-party-talks
UN special envoy Jane Holl Lute met separately on Tuesday with the two Cypriot leaders, who said they were open to a possible five-party informal meeting but expressed diametrically opposite views on solving the Cyprus Problem...
https://knews.kathimerini.com.cy/en/news/turkey-part-of-eu-agenda-on-‘reinvigorating-ties-with-us
Restoring stability in the Eastern Mediterranean and a “coordinated approach” to Turkey are among the issues outlined by the European Commission in an internal document on how to “renew and reinvigorate” transatlantic relations under the incoming US administration of Joe Biden....
https://knews.kathimerini.com.cy/en/news/biden-hits-ground-running-with-greek-pick
Greek-American political advisor and communications expert Jen Psaki has been named press secretary in US President-elect Joe Biden’s new all-female White House communications team...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/police-defend-incitement-arrests-over-weekend
Police defended the actions of law enforcement officers after they arrested two individuals over the weekend on incitement charges hours before a scheduled demonstration in downtown Nicosia...
https://knews.kathimerini.com.cy/en/news/domestic-violence-maintain-concerning-climb
The police’s domestic violence unit received 180 complaints in September and October and made 29 arrests, justice minister Emily Yioliti said Wednesday. Meanwhile, the association for the prevention and handling of violence in the family (SPAVO) said it has marked an increase of 40% in calls received at the 1440 helpline....
https://knews.kathimerini.com.cy/en/news/trump-okays-biden-transition
After weeks of waiting, President Donald Trump’s administration on Monday cleared the way for President-elect Joe Biden to transition to the White House, giving him access to briefings and funding even as Trump vowed to continue fighting the election results...
https://knews.kathimerini.com.cy/en/news/experts-assist-in-cyprus-spy-van-probe
Following months of sluggish investigation into Cyprus’ spy van, police investigators are reportedly in the process of drafting their final report while another expert is due to arrive on the island to lend a hand...
