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1651. Greek-US ties and the East Med

By Lieutenant General Thomas Trask On the occasion of his meeting last month with President Donald Trump in Washington, Prime Minister Kyriakos Mitsotakis remarked how the US-Greece relationship “is the best it ever was. But it can become even better.”...

1652. Israeli investment announced for Larnaca port

Transport Minister Yiannis Karousos hinted at a deal with Israeli investors, saying they are ready to throw 1 billion at Larnaca’s port project...

1653. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

1654. Football and Money Laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

1655. EU diplomats to impose sanctions on two Turks over Cyprus EEZ drilling

Cyprus, Turkey, EU, drilling, EEZ, sanctions...

1656. Accounting profession the pillar of powerful economies

1657. Cyprus, Lebanon begin preparations for first Trilateral Summit

Cyprus and Lebanon have begun preparations for the first Trilateral Summit at the level of Heads of State and Government, to be held in Nicosia in the spring, the Foreign Minister Nicos Christodoulides announced on Friday...

1658. In Paris visit, Greek, French ministers agree to boost investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

1659. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

1660. Greek PM meeting with Macron in Paris

Greek Prime Minister Kyriakos Mitsotakis has arrived in Paris for talks with French President Emmanuel Macron at the Elysee Palace. ...

1661. Cypriot hacker loses extradition appeal

A young hacker will be the first Cypriot national to be extradited to the United States and could face up to 20 years in prison after losing his appeal last week...

1662. Turkish hackers target Cyprus government emails

Sweeping cyberattacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said. The hackers have attacked at least 30 organizations, including government ministries, embassies and security services as well as companies and other groups, according to a Reuters review of public internet records. Victims have included Cypriot and Greek government email services and the Iraqi government’s national security advisor, the records show. ...

1663. Nicosia suspicious over Yavuz drilling spots

The government of the Republic of Cyprus believes Turkey has obtained privileged drilling information regarding an area off the southern coast of the island...

1664. Turkey blocks Cyprus from Geneva conference

Turkey has blocked a request from the Republic of Cyprus to take part in the global Conference on Disarmament in Geneva, as an adversarial relationship between the two countries is growing more intense...

1665. Digital transformation of health services is indispensable

1666. Nicosia and Athens condemn Ankara's illegal drilling

The Government of Cyprus publicly condemned Turkey’s newly planned illegal drilling within the Exclusive Economic Zone and continental shelf of the Republic of Cyprus, while the Greek Foreign Ministry strongly condemned Turkey΄s plans, stressing that their actions have neither legal effect nor create fait accompli....

1667. DP World Limassol agrees to revise policy

Transport Minister Yiannis Karousos has been promised a change of policy at DP World Limassol, with the company saying it would service more than two cruise ships in a given day following complaints...

1668. Renewable power is only part of the solution to meet net-zero targets

1669. Stepping into 2020: Limassol Del Mar Takes Shape

1670. Cyprus hails US EastMed bill signed into law

A new US law geared toward boosting energy and security cooperation in the east Mediterranean is indicative of the significance that Washington attaches to the region, Cyprus' foreign minister said Saturday...

1671. Erdogan points to drilling spots off Crete

In an interview on Turkish television, President Recep Tayyip Erdogan has indicated where Turkey plans to conduct research for hydrocarbons but also drilling, using a map to indicate the location east of Crete...

1672. EY announces new solutions for the energy industry

EY announces new innovative digital solutions for the energy industry built on Microsoft Azure...

1673. USA sanctions Cypriot firms for arms deals

Three Cypriot companies linked to a Serbian arms dealer are among foreign entities in the latest sanctions imposed by the US Department of the Treasury...

1674. Cypriot-Israeli dispute out in the open

The Republic of Cyprus says development of Aphrodite’s natural gas reservoir will go forward as planned, after reports said a letter from Israel called on energy companies to halt operations until the two countries settled all pending issues...

1675. MPs stalling Jiu Jitsu cash rebate

A cheque for €8.5 million to pay for Jiu Jitsu, a film starring Nicolas Cage, is being held up in the Cypriot parliament as opposition parties are blocking the cash rebate and asking questions...

1676. CITR Cyprus calls for modern insolvency rules

1677. Uncertainty reigns across international tax landscape

1678. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

1679. Cypriot hacker to be extradited to US

A young hacker could be the first ever Cypriot to be extradited to the United States, while his lawyers are urging him to file an appeal...

1680. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....