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1831. Child porn suspect is school security guard

Parents and teachers in Nicosia were shocked to learn that a man arrested on child porn charges was in fact a security guard at a local high school...

1832. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

1833. Anastasiades: We accept political equality

In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements: ...

1834. Youths shot at by police get arrested

The two youths who were shot at by police in on Thursday have been arrested on multiple violations, with the father of one of the suspects crying foul and giving an entirely different account of what took place...

1835. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

1836. Niyazi against Turkish language holdup

Cypriot MEP Niyazi Kizilyurek is calling on the European Commission to clarify why the EU is slow-walking the process of making Turkish an official language of the EU...

1837. Trump impeachment inquiry begins

Democrats in the U.S. House of Representatives on Tuesday launched a formal impeachment inquiry into President Donald Trump, accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election...

1838. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

1839. Time to seek security guarantees

Diplomatic cliches rarely reflect reality, though in the case of Greek-American relations, they are indeed in the best place they have been in decades. ...

1840. Anastasiades: Turkey’s aim for control scuppers peace

Turkey is undercutting efforts to quickly revive peace talks aimed at solving Cyprus’ decades-long ethnic split by imposing unacceptable terms, the island nation’s president said Tuesday...

1841. Cavusoglu speaks to Kathimerini

Our meeting with the Turkish Foreign Minister Mevlut Cavusoglu took place in Famagusta on September 9, 2019, the day the Turkish official entered the fenced-off town of Varosha ...

1842. House looks at state salaries for clergy

State salaries for the clergy are back in the news as a House finance committee is looking for ways to amend an outdated agreement with the Church dating back to 1971...

1843. President launches Exandas portal in a bid to enhance transparency

The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023. ...

1844. Adults in the theaters

The film has been dismissed outright and its director, Costa-Gavras, until recently hailed as one of Greece’s top filmmakers, is suddenly being accused by some of getting carried away. Why? ...

1845. Lute continues consultations as obstacles remain

Government spokesman Prodromos Prodromou told reporters that the President had today another meeting with Mrs Lute and that the consultations are continuing...

1846. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

1847. Escrow account the key to Cyprus EEZ

Kathimerini reports that President Anastasiades, in an effort to de-escalate tensions in the Cypriot exclusive economic, proposed the creation of an escrow account that would safeguard the Turkish Cypriot community's share from the natural gas proceeds...

1848. Finance minister pleased with Waters’ visit

Finance Minister Harris Georgiades says a visit by a US delegation affirms that Cyprus is on the right track in combating money laundering, following a statement by California Congresswoman Maxine Waters who said “Cyprus is up to the challenge....

1849. Local man found dead in Nicosia jail

A local man was found dead in his jail cell on Thursday morning, just hours after he was detained on assault charges for resisting arrest and cursing at a police officer...

1850. Police stuck in teen’s death investigation

Police investigators are seeking more detailed instructions from the legal department in the death investigation of a teenager who died in Larnaca in a suspected binge drinking incident...

1851. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

1852. Interview with Endy Zemenides

Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...

1853. Business leaders reject proposal for corporate tax rate increase

We will not proceed with the increase in the corporate tax rate said Finance Minister Haris Georgiades, shortly after business leaders rejected his proposal ...

1854. 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%...

1855. Trump’s yuan move makes a China deal much harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

1856. 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...

1857. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

1858. 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...

1859. Digital Challenges for Internal Auditors & DPOs

1860. Brother gets six years in Strovolos double murder

A criminal court in Nicosia passed a sentence of six years to Lefteris Solomou, the half-brother of the main defendant in the Strovolos double murder, on burglary charges only...