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1591. Man who killed ex to feed addiction gets 22 years

A compulsive gambler in Limassol who strangled his former lover to death last year and robbed her with an accomplice has been sentenced to 22 years in prison for manslaughter...

1592. KPMG and CIM offered 2 academic scholarships

1593. Accountants to have bigger say in important investments

Chartered accountants will be given a role in speeding up investment projects deemed “strategic” by the state, according to a bill still in the public consultation stage. Besides their usual role in attesting the legality of the investments’ implementation, accountants will also have a role in evaluating the plans. One of the incentives the bill provides to strategic investors is that the plans will be approved and formally given the go-ahead within 45 days....

1594. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

1595. Sneaky accountant admits draining company funds

A woman in Limassol is promising to return stolen money after she was arrested on suspicion of forging company checks and signing them over to herself for a total over €315,000...

1596. President furious at critics of teen vaccinations

Cypriot President Nicos Anastasiades rushed to the defense of a local Pediatric Society on Monday, calling threats against its members a 'disgrace' after they were targeted for recommending summer vaccinations for young teens...

1597. Bishop’s defense rests case in rape trial

Former Kition Bishop Chrysostomos pleaded not guilty to rape charges on Monday, with his signed unsworn testimony read in the courtroom during a closed session after he was previously found fit to stand trial...

1598. Ankara rejects statement on Varosha

Ankara has remained defiant following a UN Security Council presidential statement that condemned the decision by Turkey and Turkish Cypriots to reopen a residential section of abandoned Varosha...

1599. Evidence destroyed in Limassol court fire

Evidence and records involving serious criminal cases may have been damaged in an apparent arson at the Limassol Courthouse, with reports saying perpetrators used a ladder to gain access to the building by breaking a window...

1600. Police under scrutiny over media attack

Cyprus police moved quickly to arrest a dozen suspects in the aftermath of an attack on a local media building in Nicosia, but questions remained over what law enforcement knew ahead of time and how prepared were riot police to face the assaul...

1601. Safe Pass for supermarket made official

Grocery shoppers in the Republic of Cyprus may no longer shop at a supermarket if they do not have a Safe Pass, based on the latest decree published on Monday by the health ministry affecting all domains of social life in response to last week’s surge in daily infections...

1602. Cyprus issues blanket rule for Safe Pass

Health Minister Michalis Hadjipantela announced stricter measures effective next Tuesday in the Republic of Cyprus, making Safe Pass a requirement across the board but questions still remained over supermarket, bakeries, and other shops selling necessity goods...

1603. Policing Safe Pass put to the test

An incident in broad daylight in Nicosia has raised questions over the latest use of Safe Pass, with police keeping quiet about reports of a downtown arrest and some business owners refusing to check documents at the door...

1604. Cyprus police retrace steps in deadly fire

Cypriot authorities officially confirmed the identifies of four Egyptian workers who died in a devastating wildfire last weekend, with police saying investigators are trying to piece back together any communications the victims might have had prior to their demise...

1605. Government responds to fire with €6 million aid

The Republic of Cyprus has announced €6 million in financial aid for villages affected by a deadly fire, including compensation to the families of victims, with the government clarifying that illegal or uninsured structures would not be an issue...

1606. Police not ruling out probe in fire deaths

The Cypriot government has rejected accusations of a lax response to Saturday’s deadly wildfire, with police not ruling out a criminal investigation that could include a probe into the deaths of four Egyptian workers who died while trying to escape the inferno...

1607. Questions emerge in Cyprus fire deaths

Pro-migrant group KISA is accusing authorities and farmland bosses of leaving foreign workers to fend for themselves in Saturday’s wildfire in Cyprus, as more questions are being raised following the death of four Egyptian workers who perished while trying to evacuate in an inferno with the odds overwhelmingly stacked against them...

1608. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

1609. Cyprus’ passport committee issues final report

Over half of the golden passports approved by the President’s Cabinet in the Republic of Cyprus were illegal, a special committee has found, and it is now up to the attorney general to ascertain whether any ministers may have had fraudulent intent...

1610. PASYNO nurses strike over ministry probe

Cyprus’ PASYNO Nurses Association went on strike Monday to protest against a disciplinary probe that examines whether five members who refused to work in Athalassa hospital during COVID had breached their contract...

1611. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

1612. Cypriot minister vies for UK's green status

Cypriot deputy tourism minister Savvas Perdios has been trying to sway British officials towards including his country on the UK’s green list, following a recent improvement of the epidemiological situation on the island that could still be argued either way in London...

1613. KPMG and CIM offer 2 scholarships

KPMG in Cyprus and the Cyprus Institute of Marketing – The Cyprus Business School (CIM) offer for third consecutive year the opportunity to two fellow citizens to acquire an undergraduate or a postgraduate degree...

1614. Defiant Italy scores rocking victory in Eurovision

Italy has won the 2021 Eurovision song contest with a rock tune in defiance of European music stereotypes, with the United Kingdom being the only country that received absolutely zero points from both the jury and viewers at home...

1615. Cyprus’ baddie 'opens up' Euro contest

After last year’s hiatus due to the pandemic, Eurovision fans around the world are hours away from enjoying the biggest live music event, with Cyprus’ entry opening the popular competition where love of music is mixed with high emotions and decisive computations to declare a winner...

1616. EY: Liquidity-fueled IPO markets break records in Q1 2021

1617. Israel destroys Gaza tower housing media

Israel destroyed a 12-storey tower block in Gaza housing the offices of the U.S.-based Associated Press and other news media on Saturday, saying the building was also used by the Islamist militant group Hamas...

1618. COVID still rampant despite improvement

There was some mixed news in Cyprus on Friday, after a National Surveillance Report showed COVID-19 still prevalent at high levels despite some improvement...

1619. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

1620. Anastasiades warns against new faits accomplis

Despite talks in Geneva coming to an unsuccessful end after the UN Secretary-General Antonio Guterres announced he failed to find common ground among parties, President Nicos Anastasiades lauded the successful management of the summit on the part of Guterres and the Greek Cypriot representation....