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1771. Fears of panic buying in the UK ahead of the Christmas season

Fears of panic shopping ahead of Christmas are being raised by market participants in Britain....

1772. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

1773. Suspected healthcare fraud lands doctor in jail

A Limassol judge has ordered a detained gynecologist to remain in custody for two days, as police investigators examine a complaint by an elderly patient who thought she had her uterus removed by the suspect but later learned it never happened...

1774. Greek PM: Cost of ignoring climate crisis unimaginable

Mediterranean nations must lead the way in addressing climate change, Prime Minister Kyriakos Mitsotakis said, warning that the cost of doing nothing was unimaginable,...

1775. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

1776. Cyprus’ spy van case too close to the bone

A police investigation in Cyprus has concluded there was no proof of illegal phone tapping in the spy van case, but prosecutors are still going after the main suspects on lesser charges despite reports of alleged contacts in the past with local officials...

1777. One small step for man...

The SpaceX Falcon 9 rocket took off from Kennedy Space Center in Florida this morning shortly after 3 am Cyprus time....

1778. Updated list country categories

The Ministry of Health announced today the new classification of countries in specific categories....

1779. President Anastasiades begins official meetings in Bahrain

He arrived yesterday in Manama, the nation’s capital, and was greeted by Minister Abdullatif bin Rashid Al Zayani....

1780. Weekend News Roundup

Here are a few of the stories that made news in Cyprus over the weekend....

1781. The superiority of transparency and efficiency

The Hellenic Republic signed a contract to purchase 44 torpedoes for its 214HN submarines, considered a significant asset against Turkey....

1782. State budget and economic outlook for 2022

The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....

1783. EY and IIF survey shows climate change top concern for banks

1784. All eyes on oil spill response in Cyprus

Traces of last week’s oil spill from Syria that came close to the north-eastern tip of Cyprus have been spotted further south off the coast of Cape Greco, with officials on both sides of the divided island scrambling to manage the disaster...

1785. 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....

1786. Chaos as Biden defends withdrawal

Thousands of people desperate to flee Afghanistan thronged Kabul's airport on Monday after the Taliban seized the capital, prompting the United States to pause evacuations, as President Joe Biden confronted mounting criticism over the US withdrawal...

1787. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

1788. Discover a world full of opportunities at UCLan Cyprus Open Day

The Open Day will take place on Wednesday, the 21st of July 2021, at UCLan Cyprus Campus in Larnaka, from 10:00 – 19:00....

1789. Government responds to fire with €6 million aid

The Republic of Cyprus has announced €6 million in financial aid for villages affected by a deadly fire, including compensation to the families of victims, with the government clarifying that illegal or uninsured structures would not be an issue...

1790. Officers to face discipline in serial killer case

A police internal affairs committee in the Republic of Cyprus has recommended disciplinary action against members of law enforcement in the island’s serial killer probe, after criminal prosecution was ruled out against officers and superiors who dropped the ball on cases of missing women later found murdered...

1791. Cyprus readies gratitude gift bag for vaccinated

New measures to reward vaccinated citizens in the Republic of Cyprus are to be decided in a Cabinet meeting on Friday following a sevenfold increase in daily COVID cases, with the government seeking ways to punish those who refuse to get the jab...

1792. Jho Low wanted to be a Cypriot banker

A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...

1793. Bone casts doubt in soldier’s suicide story

New forensic evidence pointing to strangulation has emerged in the 2005 death of a soldier, who was said to have committed suicide while serving in Cyprus while his family kept insisting all along that the army had covered up a crime...

1794. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

1795. Protesters want cops on trial in Orestis case

A group of protesters on Wednesday called on the state attorney to order criminal prosecution against police in Cyprus’ serial killer case, following reports that officers could potentially face at most disciplinary action because witnesses would not come forward in a trial...

1796. School safety issues after unclear incident

A physical altercation at a middle school in Larnaca was behind an impromptu demonstration on Thursday, a day after a teenager went to the school following an argument between his younger brother and others including a teacher...

1797. Rescued turtle released back into the ocean

Iole the sea turtle, who cheated death last year thanks to beach visitors and staff at the Cyprus Marine Aquaculture Research Center, has been released back to her natural habitat after a long rehabilitation treatment...

1798. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

1799. Blinken covers all bases in phone call to Cyprus

US State Secretary Antony Blinken has pledged support for a federal solution in Cyprus, urging both sides to be open to compromise while also warning over Russian and Chinese influence in the region...

1800. Cyprus enters dome of silence ahead of election

The campaign for the parliamentary elections of Sunday May 30 in Cyprus ends on Friday, with government officials handing over the ballot boxes and 600,000 ballots to the officers in charge of polling stations...