https://knews.kathimerini.com.cy/en/news/cyprus-cabinet-to-revoke-45-passports-in-cash-for-citizenship-scheme
Cyprus said on Friday it would revoke the passports of 45 people who obtained citizenship under a now discredited investment scheme that ran for more than a decade....
https://knews.kathimerini.com.cy/en/comment/opinion/the-city-of-london-is-hiding-the-world-s-stolen-money
In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....
https://knews.kathimerini.com.cy/en/news/two-americans-win-2021-nobel-prize-in-medicine
The Americans David Julius and Ardem Pataputian were honored with the Nobel Prize in Medicine 2021....
https://knews.kathimerini.com.cy/en/news/jiu-jitsu-producers-file-new-lawsuit
The producers and director of the film Jiu Jitsu are suing the Republic of Cyprus, the Auditor General, the Cyprus Investment Promotion Agency and a television station for compensation in excess of 30 million euros...
https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....
https://knews.kathimerini.com.cy/en/news/police-hunt-for-supplier-in-cigarette-smuggling-racket
Cyprus police are making headway in the fight against the sale of illegal tobacco, with officials hoping a man's dramatic arrest over the weekend could help catch bigger fish and rein in the sale of untaxed cigarettes...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/cyprus-cooks-up-alms-for-jabs-for-young-adults
The Cypriot government is expected soon to announce incentives that would encourage young people to get vaccinated, while subsidized hotel stays for those who got the jab begin later this week...
https://knews.kathimerini.com.cy/en/news/cyprus-government-under-pressure-to-get-it-right
Tough measures amid a recent spike may be off the table for now in the Republic of Cyprus as a partial Cabinet meets to brainstorm on ways to boost vaccination, with a skeptical public remaining either unconvinced about the vaccine route or still in the dark over pandemic data...
https://knews.kathimerini.com.cy/en/news/cyprus-lifts-curfew-as-nightclubs-open
The government of the Republic of Cyprus lifted a night curfew on Thursday as further relaxations of pandemic measures kicked in, including the opening of nightclubs based on last-minute protocols...
https://knews.kathimerini.com.cy/en/news/cyprus-et-al-kept-off-uk-s-green-list
A last minute Cypriot campaign in the United Kingdom to secure quarantine-free travel to the island failed to yield results on Thursday, after Britain’s choice to go the extra cautious route affected many countries, with the island now focusing on Russia, its second largest market, to keep summer hopes alive...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/syllouris-declines-questions-in-passport-probe
A former Cypriot parliamentary speaker secretly filmed in an expose on a now discredited cash-for-passports scheme declined to answer questions on Wednesday into his role in a scandal which rocked the island nation...
https://knews.kathimerini.com.cy/en/news/local-government-reform-heads-for-summer-freeze
Interior Minister Nikos Nouris has been asked by EU officials to give the rundown of the administration’s latest efforts in local government reform, just days after a proposal for a referendum was defeated by opposition parties that cried foul over the move...
https://knews.kathimerini.com.cy/en/news/jiu-jitsu-director-says-cyprus-losing-out
The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...
https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....
https://knews.kathimerini.com.cy/en/news/state-drops-big-marriage-fraud-case
Police in Cyprus were distinctly furious this week after prosecutors dropped charges against nine suspects in a fake marriage case, with the Legal department arguing an amended law linking sham marriage to immigration violations was not retroactive...
https://knews.kathimerini.com.cy/en/news/limassol-cops-shut-down-underground-poker
Over a dozen people were fined by police in Limassol for violating health laws after being caught red handed engaging in an illegal poker game during night curfew...
https://knews.kathimerini.com.cy/en/news/new-devastating-bombshell-in-alexoui-case
The attorneys for Alexoui and Rudolf in a long and protracted attempted murder trial dropped another bombshell this week, alleging “serious criminal offences” involving police and possibly the Legal Department...
https://knews.kathimerini.com.cy/en/news/cyprus-to-reduce-debt-once-pandemic-normalises-finmin-says
Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....
https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....
https://knews.kathimerini.com.cy/en/news/police-lose-state-fraud-case-in-limassol
Defendants in Limassol’s case involving an alleged scam with food stamps and housing vouchers for homeless persons walked free this week, after prosecutors said they were unable to bring witnesses forward to testify in court...
https://knews.kathimerini.com.cy/en/news/woman-arrested-on-drug-charges-at-hotel
A young woman was arrested at a hotel in Nicosia on drug related charges, after officers had placed her room under surveillance where they found illegal drugs and money...
https://knews.kathimerini.com.cy/en/news/auditor-general-makes-jiu-jitsu-move
The audit office is reportedly preparing an unflattering report on Cyprus’ film industry government scheme, with local media suggesting some type of possible connection between newly-established Olivewood and golden passports...
https://knews.kathimerini.com.cy/en/news/four-women-detained-in-brothel-raid
A man in Limassol has been arrested on pimping charges following a raid at a suspected brothel in Germasoyia, while four women were also detained for questioning...
https://knews.kathimerini.com.cy/en/news/man-jailed-in-fake-marriage-manslaughter
A man has been sentenced to 15 years in prison on manslaughter charges in connection with a fake marriage deal gone wrong, while his girlfriend also did time for withholding information from police...
https://knews.kathimerini.com.cy/en/news/masked-trio-rob-limassol-convenience-store
Three male youths robbed a convenience store in the wee hours Friday morning in Limassol, with police later finding evidence that had been set on fire...
https://knews.kathimerini.com.cy/en/news/gigolo-murder-suspect-still-in-custody
The two suspects in the murder of a well-to-do mother of three in Limassol have been order to remain in custody, while local media say a person in Nicosia was questioned after it emerged that the murder suspect had sold stolen jewelry belonging to the victim...
