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1351. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

1352. End of 2019 sees historic high in investment funds assets

Investment funds’ assets reached a historic high at the end of 2019, data released by the Cyprus Central Bank on Thursday showed....

1353. New Brexit immigration system to favour high-skilled workers

Britain will prioritize access for high-skilled workers from around the world in its post-Brexit points-based immigration system, the government said on Tuesday, setting out its plans to put an end to a reliance on “cheap labor from Europe”....

1354. Greece, US hold live-fire drill after major base deal

At the foot of Mount Olympus, army aviation forces from Greece and the United States are taking part in a live-fire exercise with attack helicopters, marking deepening defense ties between the two countries....

1355. Cyprus in the midst of massive football corruption storm, Justice Minister says

“We’re in the midst of a massive storm,” Justice Minister Giorgos Savvides said on Tuesday, referring to the wave of football corruption allegations that has been sweeping over Cyprus recently....

1356. Α defeat in the Cyprus Courts for Promsvyazbank

Clients of the Russian bank Promsvyazbank, which maintained a branch in Cyprus until the Central Bank revoked its license, won a small victory over the bank by bringing the case to court in Cyprus...

1357. Cyprus police weigh in on match fixing

Cypriot police say they knew last year about a possible involvement of specific individuals rigging the Beautiful Game but could not act citing phone privacy concerns...

1358. Cyprus a central hub of European match-fixing network

An extensive and revealing report published in the Spanish news outfit El Confidencial identified Cyprus match-fixing as a central hub of European football corruption....

1359. Banks must find new profitable products, CBC Governor says

The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....

1360. EDEK party shrinks as turmoil escalates over ousted MEP

After the dramatic ousting of MEP Demetris Papadakis from socialist party Edek on Monday, the party continued to shrink throughout the week with the resignation of ten party members by Friday....

1361. One dead, one injured in clash in central Athens

Shots were fired on the junction of Menandrou and Sofokleous streets in Athens, Greek media reported on Wednesday....

1362. Tzitzikostas elected President of the European Committee of the Regions

Governor of Central Macedonia region Aspostolos Tzitzikostas has been elected President of the European Committee of the Regions....

1363. Coronavirus emergency 'holds a very grave threat' for world, says WHO

China’s coronavirus outbreak poses a “very grave threat for the rest of the world,” the head of the World Health Organization (WHO) said on Tuesday in an appeal for sharing virus samples and speeding up research into drugs and vaccines, Reuters reported. ...

1364. China scientists identify pangolin as possible coronavirus host

The deadly coronavirus outbreak in China could have spread from bats to humans through the illegal traffic of pangolins, the world’s only scaly mammals, which are prized in Asia for food and medicine, Chinese researchers said....

1365. CABS: Bird poaching remains 'out of control' in Cyprus

Crime against wild birds in Cyprus remains out of control, the Committee against Bird Slaughter (CABS) reported on Thursday....

1366. Lagarde confident ECB will eventually buy Greek debt

The Greek economy continues to improve and chances are rising that the European Central Bank will eventually buy its debt under its asset purchase scheme, ECB President Christine Lagarde said on Thursday....

1367. Judge delays verdict in Alexoui bail hearing

Alexoui’s lawyer came very close to securing the release of his client on Wednesday, after arguing police could not deprive someone of his freedom based on contradictory witness statements, but a judge needed another day to decide whether to grant bail...

1368. Pensioner suing convicted ‘fixer’ lawyer

A female pensioner, who was swindled out of 350 grand while seeking promotion in the civil service through a back-channel, is suing her former lawyer after he was sentenced to two years for defrauding her...

1369. Dissatisfaction with democracy 'at record high'

Dissatisfaction with democracy within developed countries is at its highest level in almost 25 years, according to University of Cambridge researchers. ...

1370. Nicosia inmate dies in hospital

A foreign man who was serving a prison sentence in Nicosia died of liver failure just days after he was admitted in hospital...

1371. Coronavirus outbreak and fears spread

The World Health Organization is reconvening Thursday to decide whether the virus should be classified as a global health emergency, as an outbreak of a new coronavirus that began in the central Chinese city of Wuhan has killed 17 and infected nearly 600 people globally...

1372. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

1373. Foreign powers back Libya ceasefire

Foreign powers agreed at a summit in Berlin on Sunday to shore up a shaky truce in Libya, but the meeting was overshadowed by blockades of oilfields by forces loyal to commander Khalifa Haftar that could cripple the country’s crude production...

1374. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

1375. British teen flies back home

The British teen, who is said to be appealing her conviction in the Ayia Napa rape case, has flown back home after what she described as a 'nightmare' in Cyprus...

1376. Low denies central role in 1MDB scandal

Malaysian fugitive financier Jho Low, whose Cypriot passport came under scrutiny last year, says he was not the mastermind of the 1MDB scandal while confirming rumours he was offered asylum in an unnamed country...

1377. US preemptive strike put to the test

The Trump administration on Friday justified its killing of a top Iranian general as an act of self-defense, trying to deflect accusations that it violated international law and concerns raised by legal experts and a senior UN rights investigator....

1378. High-stakes rape verdict turns political

A prominent attorney in Cyprus says the British teen convicted of fabricating rape allegations should get a presidential pardon, while an experienced human rights lawyer says there is solid ground for an appeal...

1379. Driver in deadly crash jailed until trial

A Russian man, who is facing life in prison in connection with a fatal highway crash last week, was denied bail on Friday and shall remain behind bars until his arraignment in late March...

1380. Uncertainty reigns across international tax landscape