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241. Sanctions have exposed our hypocrisy

The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...

242. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

243. New opportunity for Cyprus: UN envoy sees last chance for progress

UN Secretary General's Special Representative in Cyprus, Colin Stewart, has expressed the belief that "we are on the verge of a new opportunity to try to have some progress on the Cyprus problem," adding that this "may be the last opportunity."...

244. BOC: First quarter of 2023 yields €95 million in profit

Bank of Cyprus has released its financial report for Q1 2023, showcasing robust performance and positive indicators across various key metrics....

245. Cyprus Chambers call for bilateral improvement of Green Line trade

The Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (KTTO) support all efforts aimed at the bilateral improvement of Green Line trade....

246. Cyprus working on comprehensive refugee policy

The government is working on a comprehensive refugee policy, President of the Republic Nikos Christodoulides said on Monday....

247. Cyprus Republic not involved in the 'sale' of the 3 hotels in Varosha

Today, a scheduled meeting was held at the Ministry of Foreign Affairs to commemorate the new government's inauguration. The Minister of Foreign Affairs, Mr. Kombos, met with the Municipality of Famagusta, led by Mayor Simos Ioannou. ...

248. Police build disappearance case but no breakthrough

The disappearance of a Limassol man said to be implicated in a convoluted cryptocurrency case continues to baffle Cypriot authorities, following additional arrests and search parties expected to continue after an unsuccessful holiday weekend...

249. The ''other side'' 20 years later

I first saw the queue at the Agios Dometios barricade in February 2004, while serving my term in the Greek Cypriot Force, when a good friend took me to see the point where Greek Cypriots were passing through to go to their villages and towns....

250. Cypriot President wraps up Cairo visit

Cyprus President, Nikos Christodoulides, concludes on Thursday his visit to Egypt, with a meeting with the Arab League Secretary General, Ahmed Aboul Gheit, at the League's seat. After the meeting Christodoulides will depart for Cyprus...

251. Investors flock to 'green' bonds as a secure investment

252. Cypriot president visits Cairo

The Cyprus issue, ways to deepen bilateral relations in the fields of trade, economy and tourism, as well as Energy, will be the focus of a meeting on Wednesday in Cairo between President of the Republic, Nikos Christodoulides, and the President of Egypt, Abdel Fattah al-Sisi...

253. Cyprus raised 1 billion with a 10-year sustainability bond

Cyprus has raised €1 billion through its first-ever 10-year sustainable bond, which saw demand exceed supply by 12.5 times. The bond yielded 4.20% and will finance a range of "green" and social projects,...

254. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

255. Energy in focus: Greece, Cyprus, and Israel hold trilateral meeting

Foreign Ministers of Cyprus Constantinos Kombos, Greece Nikos Dendias and Israel Eli Cohen, who met on Friday in Nicosia, pointed out the importance of the trilateral energy cooperation and its contribution to the stability in the region....

256. President wants top technocrats advising him on CyProb

President of the Republic Nikos Christodoulides said on Wednesday that the National Security Council that is to be set up will consist mainly of technocrats and will further strengthen the work of the National Council, the top advisory body to the President as regards the Cyprus issue...

257. Cyprus and Israel thankful for mutual support

The relations between Cyprus and Israel will flourish even more, Israeli Foreign Minister Eli Cohen who arrived Thursday on the island ahead of a tripartite meeting between Cyprus, Israel and Greece said, also noting that Cyprus is a safe place for Israelis...

258. 'Property issues can only be resolved through reunification'

The UK Minister for Europe Leo Docherty has described the property issue in the occupied part of Cyprus as “one of the most complex and sensitive subjects in the Cyprus Problem” and said that the most effective way to resolve it is through reunification talks....

259. It's time for diplomacy, says Christodoulides

It is time for diplomacy to play its role as it has already started working to bring about what we have discussed during our meetings in Brussels, in view of the elections in Turkey, Cyprus President, Nikos Christodoulides said on Tuesday....

260. Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

261. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

262. DiCarlo seeks way forward in divided Cyprus

United Nations Under-Secretary-General for Political and Peacebuilding Affairs Rosemary DiCarlo said she is eager to discuss with the Greek Cypriot and Turkish Cypriot leaders the way forward on the Cyprus issue...

263. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

264. President to name specific EU political figures to assist in Cyprus issue

Cyprus President Nikos Christodoulides will propose specific political figures from EU member states, some of whom he has already been in contact with, to the President of the European Council in regard to his proposal for increased EU involvement in the Cyprus issue....

265. DiCarlo to swing by divided island

UN Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary DiCarlo, will visit Cyprus next week to hold meetings with President of the Republic, Nikos Christodoulides, and Turkish Cypriot leader, Ersin Tatar, CNA has learned...

266. New US Ambassador to Cyprus visits buffer zone

The new Ambassador of the USA to Cyprus, Julie Fisher, had a meeting on Thursday with the Special Representative of the Secretary-General in Cyprus and Head of UNFICYP, Colin Stewart at the UN-protected area in Nicosia....

267. Nikos Christodoulides sworn in as 8th president of the republic

Cyprus’ president-elect, Nikos Christodoulides, was sworn in on Tuesday at a special ceremony at the House of Representatives, in Nicosia, with Parliament President, Annita Demetriou, wishing him “strength and endurance” to respond to the great responsibility he is assuming....

268. Deadlock could be broken if EU takes the lead, says Christodoulides

The deadlock could break if the EU undertakes a central role in efforts to solve the Cyprus problem, President-elect, Nikos Christodoulides, said on Monday evening....

269. A breakthrough in men's birth control

Researchers revealed on Tuesday (yep, Valentine’s Day) that a birth control pill for men is yielding promising results in the lab. Because of the unique way it would prevent pregnancy, this pill could become the first legit contraception alternative to vasectomies and condoms for men....

270. Nouris: 'The cause of Cyprus' immigration problem is Turkey'

Interior Minister Nicos Nouris said on Monday that Turkey is the eliciting factor of the migration issue in Cyprus, speaking at a press conference where he presented the work of his Ministry during his term....