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1201. Health commissioner’s Nicosia home staked out

Greek Cypriot news sites on Sunday picked up a story on EU Commissioner Stella Kyriakides, following reports of a media stake out at the health chief’s Nicosia residence amid fierce criticism over vaccine delays...

1202. Emails from Cyprus connect dots on Jho Low

New information published by OCCRP suggests that Henley & Partners identified Jho Low as a high-risk client but worked with him anyway through a Cypriot company to get him a golden passport...

1203. President blames CIP failure on recklessness

Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...

1204. Anastasiades takes the stand in passports probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

1205. Ferry link hopes end with a whimper

Shipping transport companies remained unconvinced over Cyprus’ effort to revive and subsidize a ferry link with Greece, with the government going back to the drawing board after no bidders came forward by Friday’s deadline...

1206. 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....

1207. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

1208. EU scrambles for supply amid vaccine clatter

Cypriot EU Commissioner Stella Kyriakides says AstraZeneca’s revised schedule for delivering fewer doses of the COVID-19 vaccine in coming weeks is “not acceptable” while the European Ombudsman embarks on an investigation into vaccine contracts...

1209. Slow vaccine rollout affecting Cyprus strategy, President tells EU leaders

President Nicos Anastasiades briefed EU leaders in a videoconference on Thursday evening on the problems Cyprus is facing due to the slow rollout of coronavirus vaccines mainly brought about by the production delays of pharmaceutical companies supplying jabs for the EU....

1210. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

1211. Kalogerou probe fails to impress opposition

The chair of the ad hoc committee that looked into allegations of wrongdoing last year as Cyprus’ golden passports scandal was unfolding defended the choice to go after high profile cases, following criticism from opposition parties that say the focus was too narrow...

1212. Folli Follie report unveils 17-year scam

The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers. ...

1213. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1214. EU regulator gives conditional approval to Covid-19 vaccine

The European Medicines Agency says an expert committee has recommended conditional approval for a coronavirus vaccine developed by BioNTech and Pfizer to be used across the European Union, weeks after the shot was first granted permission under emergency provisions in Britain and the United States....

1215. 5G bidding process wraps up, first licences in January 2021

The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....

1216. New Chinese Ambassador hails deepening relations with Cyprus

China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....

1217. Cyprus to launch 5G frequencies auction

In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....

1218. EY Cyprus sponsors 3rd Anti-Fraud Conference

EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...

1219. Cyprus lays out eagerly awaited vaccination plan

The Republic of Cyprus’ eagerly awaited plan for the mass vaccination of its residents against the novel coronavirus was presented on Tuesday by the health minister and Dr Olga Kalakouta....

1220. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

1221. AstraZeneca hitches ride with Russia's Sputnik in vaccine race

AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....

1222. EU leaders pull Turkey punch at last minute

European Union leaders agreed on Thursday to prepare limited sanctions on Turkish individuals over an energy exploration dispute with Greece and Cyprus, postponing any harsher steps until March as countries sparred over how to handle Ankara...

1223. Cyprus parliament approves legislation for social enterprises

Parliament on Thursday passed into law a bill allowing social enterprises to be set up in the Republic of Cyprus....

1224. EU leaders weigh sanctions over Turkey’s Med drilling

Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....

1225. EU to toughen sanctions on Turkish drilling, draft summit statement says

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....

1226. COVID-19 to disrupt holiday shopping plans

1227. Cyprus-bound vaccine less than month away

The delivery of the first batches of the COVID-19 vaccine is less than a month away, with the Republic of Cyprus prepping a mix-and-match strategy to begin vaccinations early next year...

1228. Cat-and-mouse game with Turkey must stop, Michel says

A game of “cat-and-mouse” between the European Union and Turkey needs to come to an end, European Council President Charles Michel said on Friday, in reference to a dispute over natural gas resources in the Eastern Mediterranean....

1229. Disconnect on ethical AI priorities between public and private sectors

In the survey of 71 policymakers and more than 280 global organizations, respondents ranked ethical principles by importance for 12 different AI use cases, and sentiment was measured around the risk and regulation of AI...

1230. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...