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301. Cyprus government: No comment on passport audit report just yet

The Government will study the report released Monday by the Audit Office on passports and the Cyprus investment program that granted citizenship by investment, Spokesperson Marios Pelekanos said, following the Cabinet’s meeting which convened Monday at the presidential retreat in the Troodos mountains....

302. Cyprus Investment Program problematic from the start

Much ink has been spilled over the Cyprus Investment Program (CIP). From its inception in 2017 until its abolition, the CIP was a scheme wherein the Cyprus Government granted Cypriot citizenship to investors, "golden passports" as it is well-known....

303. Interior Ministry aware passport applications did not meet criteria

In the Audit Service's report on the naturalization program, references are made to the manner in which passports were granted, stressing that there were cases in which the Ministry was aware that there were applications that did not meet the criteria, characterizing its approval as illegal....

304. Fair State. Five proposals to fight corruption

In the Cyprus of 2022, corruption has permeated all levels of our society. The extent of the problem needs to be ascertained first. Then, the diagnosis of its causes. Finally, but most importantly, the specific proposals to combat it....

305. President signs controversial foreclosure law

A controversial foreclosure bill has been signed into law in the Republic of Cyprus over the objection of the country’s finance minister who accused lawmakers of populism...

306. ECOMMBX earns Great Place to Work® Certification

ECOMMBX is proud to announce that it has earned the coveted Great Place to Work® Certification with flying score, which is likely to be among the top – if not the highest – scores for this year....

307. Four individuals charged with conspiracy in Al Jazeera expose

Four individuals have been charged with conspiracy and will appear before a criminal court in September for their role in granting citizenship to foreign investors who didn't quite meet the criteria....

308. Assailant in Larnaca video denies charges

A local man caught on video verbally and physically assaulting an asylum seeker who was holding her baby has been remanded in custody, but his lawyer says he was the one who called police in the first place...

309. Anastasiades 'Judicial reforms a priority'

President Nicos Anastasiades underlined the importance of reforming the judicial system during the confirmation ceremony of the new President of the Supreme Court Antonis Liatsos, which took place on Tuesday at the Presidential Palace....

310. House clamps down on glamping aspirations

Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...

311. Deloitte opens up nominations for its accelerator for the Deloitte Accelerator for Social Innovation (DASI) awards

Deloitte has opened up nominations for its signature programme Deloitte Accelerator for Social Innovation (DASI) in the Middle East and Cyprus, providing social enterprises in the region with the opportunity to grow and scale their impact. ...

312. Transgender women banned from competing in women’s events

World swimming’s governing body has effectively banned transgender women from competing in women’s events, starting Monday....

313. Ukraine takes first steps to EU membership

The European Commission has backed Ukraine and Moldova to become candidates for EU membership....

314. KPMG and CIM offer two scholarships

Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...

315. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

316. Bank of Cyprus posts net profit of €21 million in Q1

Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....

317. Bioethics Committee in favor of euthanasia under strict guidelines

The Head of the Cyprus National Bioethics Committee Dr. Constantinos Fellas says that euthanasia could be introduced in society as long as it is not taking place unwillingly and that there has to be a strict framework of conditions in place....

318. Critics furious over ‘gynic rules’ for Green Line cops

Rules referring to gynecological restrictions for female border cops in Cyprus are raising eyebrows, with critics crying foul over the measure while ridiculing the lack of mental evaluation for gun possession...

319. Op-ed: ESG, DEI and other acronyms and why we need to know about them IMHO*

Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....

320. Greece sets price ceiling on electricity

The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....

321. Putin orders retaliatory sanctions against West

Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organizations", the Kremlin said on Tuesday....

322. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

323. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

324. Ukraine crisis stains church elections in Cyprus

A Cypriot theologian has blown the lid off the game of thrones in archbishopric elections on the island, suggesting anti-Russia agenda is behind efforts to take the vote away from believers who might favor a pro-Moscow candidate in order to task the Holy Synod with naming the winner...

325. Expert says testing blindly a waste of money

A medical expert in Cyprus says wide-ranging rapid tests on the island have been a waste of money, adding he was in favor of targeted testing but only if it was focused on specific populations and criteria...

326. K. Treppides & Co Ltd: Cryptocurrency: Trading in cryptocurrency for own benefit. Cyprus tax treatment.

Seems that we cannot stop hearing stories about cryptos in our workplace and media or via web searching how many people have become millionaires trading in cryptocurrencies...

327. Roman Abramovich 'can't' pay Queen £10,000 rent he may owe for £107m mansion

Chelsea owner Roman Abramovich can't pay the Queen the £10,000 rent he may owe for the land his £107million mega-mansion sits on....

328. Facebook allows war posts urging violence against Russian invaders

Meta Platforms will allow Facebook and Instagram users in some countries to call for violence against Russians and Russian soldiers in the context of the Ukraine invasion, according to internal emails seen by Reuters on Thursday, in a temporary change to its hate speech policy....

329. Alexis Pantazis and Emilios Markou of Hellas Direct have been named EY Entrepreneurs Of The Year for 2022 in Cyprus

This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022 ...

330. Conspicuous driver busted for drugs at checkpoint

A man was arrested Monday at the Agios Dometios checkpoint after Greek Cypriot customs officers found drugs in his car, with the incident taking place just days after Turkish Cypriots accused the south of ramping up checks to deter shopping in the north...