https://knews.kathimerini.com.cy/en/news/cypriot-health-minister-to-step-down
Cypriot Health Minister Constantinos Ioannou does not intend to remain in his current position after a Cabinet reshuffle expected to be announced next week, confirming earlier rumors that he wanted to step down following a tortuous run during the pandemic...
https://knews.kathimerini.com.cy/en/news/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'...
https://knews.kathimerini.com.cy/en/news/jewel-readies-trial-cruise-from-cyprus
The Jewel of the Seas is setting anchor in deep waters on Thursday just off Limassol, as the cruise ship prepares for an ultimate summer getaway from Cyprus for the first time ever...
https://knews.kathimerini.com.cy/en/news/odyssey-leaves-cyprus-after-cancelation
Odyssey of the Seas sailed away from Cyprus on Tuesday after Royal Caribbean pulled the plug on operations out of Haifa, but Cypriot officials remain upbeat over cruise ships seeking a friendly port in Limassol...
https://knews.kathimerini.com.cy/en/business/consulco-outperforms-the-london-property-market-says-msci
The annual MSCI results are now available, and Consulco’s London commercial real estate portfolio outperformed the Greater London Retail property market by 5.9 % during 2020. ...
https://knews.kathimerini.com.cy/en/news/s7-looking-to-drop-cyprus-airways
The future of Cyprus Airways is once again up in the air following reports that its Russian private shareholder S7 is looking to sell its entire stake in the Larnaca-based Charlie Airlines...
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/cyprus-hurries-to-clean-up-company-registry
Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...
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/cyprus-mines-insolvency-under-scrutiny-in-us
Cyprus Mines Corporation which filed for bankruptcy in the United States following hundreds of asbestos lawsuits has rejected accusations that a committee representing claimants was acting in bad faith, but lawyers representing victims are calling on a judge to rework a deal under intense scrutiny...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€250m-supplementary-pandemic-budget
The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...
https://knews.kathimerini.com.cy/en/news/fence-wars-break-out-near-buffer-zone
Opposing camps have been making headlines recently over a controversial barbwire fence near the buffer zone, with one group cutting a piece of barbed wire and the other restoring it, with all caught on tape...
https://knews.kathimerini.com.cy/en/news/cyprus-supporter-to-lead-us-foreign-committee
Cypriot President Nicos Anastasiades says he looks forward to working with US Senator Bob Menendez, after the NJ Democrat was named officially chairman of the foreign relations committee in the new Congress...
https://knews.kathimerini.com.cy/en/news/paphos-wipes-out-ottoman-street-name
The city council in Paphos has voted to rename Talaat Pasha street, after examining a request representing interests within the Armenian community...
https://knews.kathimerini.com.cy/en/news/cypriot-fm-visits-gulf-before-us-inauguration
Cypriot Foreign Minister Nikos Christodoulides flew to the United Arab Emirates on Monday to hold a private meeting with his counterpart, days after the two countries signed a military cooperation agreement but also days before a changing of the guard in Washington could spell trouble for US arms sales to Gulf states...
https://knews.kathimerini.com.cy/en/news/dbrs-warns-against-protracted-process-in-approving-bugdet
Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....
https://knews.kathimerini.com.cy/en/news/turkey-s-defence-industry-to-go-it-alone
US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...
https://knews.kathimerini.com.cy/en/news/tornado-causes-damages-in-rural-nicosia
A tornado was sighted in Nicosia district on Monday, with reports saying extreme weather phenomena were popping up across the island including golf ball sized hail...
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/turkey-fires-back-at-akinci-allegations
Turkish diplomats in north Nicosia have denied allegations made by incumbent Turkish Cypriot leader Mustafa Akinci, who recently said he had received threats and insults while on the campaign trail...
https://knews.kathimerini.com.cy/en/news/man-accused-of-stealing-dying-patient-s-credit-card
A hospital employee was arrested on Sunday after the wife a male patient, who died recently in Limassol’s Intensive Care Unit, told police her husband’s credit card had been stolen...
https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties
The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...
https://knews.kathimerini.com.cy/en/news/four-suspects-caught-in-old-nicosia-murder
Four suspects in last month’s fatal incident in downtown Nicosia have been arrested in rural Larnaca, with police saying one suspect remains at large...
https://knews.kathimerini.com.cy/en/news/moody-s-payment-holidays-shield-cyprus-banks-in-2020-but-deterioration-likely-in-2021
Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...
https://knews.kathimerini.com.cy/en/news/greece-to-open-seven-border-crossings-with-balkan-countries-turkey
Greece will reopen seven of its 14 border crossings in the north on Wednesday, as part of the country’s further reopening to tourists from abroad....
https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says
Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/young-man-dies-in-downtown-attack
One suspect has been arrested and two others are wanted by police after a young man was killed and two injured Sunday night following an attack in downtown Nicosia...
https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal
European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....
https://knews.kathimerini.com.cy/en/news/communion-ritual-unchanged-in-orthodox-church-despite-virus
One by one, the children and adults line up for the centuries-old ritual of Holy Communion, trying to keep a proper social distance. The priest dips a spoon into the chalice of bread and wine, which the faithful believe is the body and blood of Christ, and puts it into the mouth of the first person in line....
https://knews.kathimerini.com.cy/en/news/cyprus-records-zero-cases
No new infections of the coronavirus were announced in Cyprus on Saturday, the first time the island recorded zero confirmed cases since the start of the outbreak in early March...
