Search

1081. 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...

1082. Nicosia reacts to new Al Jazeera video

Nicosia has refuted allegations concerning a Cypriot minister and his trips to London, in reaction to an Al Jazeera secret investigation into how convicted criminals could take on new identities and launder money through ownership of English football clubs by deceiving authorities...

1083. International Luxury Property and Residency Conference

1084. Massive forest fire ravages Greek island

Firefighters and residents battled into the night Monday for a seventh day against a massive fire on Greece’s second-largest island as the nation endured what the prime minister described as 'a natural disaster of unprecedented proportions'...

1085. Al Jazeera publishes prequel to The Cyprus Papers

A new documentary by Al Jazeera on football corruption in Britain includes allegations that a Cypriot minister flew to London to arrange paperwork at a consular office for a Russian national who was wanted by Interpol and unable to travel under his real name...

1086. Wildfires roar back to life near Athens

Wildfires north of Athens leapt back to life on Thursday as searing conditions persisted and emergency crews battled blazes across Greece for a third day running...

1087. North soon to establish Varosha czar

An international conference on Varosha is in the works according to Turkish President Recep Tayyip Erdogan, who accused European officials of turning their backs on Turkish Cypriots and further insisted that any steps on Cyprus’ ghost town will be 'in accordance with the law'...

1088. Putin wants UN guarantees for Cyprus

Russian President Vladimir Putin says breaches of UN resolutions on Cyprus are 'inadmissible' in a letter response to his Cypriot counterpart, adding that Moscow backs a federation-based settlement and calls for all permanent members of the Security Council to take on guarantees for the island...

1089. Nicosia, Ankara worlds apart over resolution

Nicosia has welcomed a Security Council resolution that renewed the United Nations peacekeeping mission in Cyprus and also delved into other aspects of the Cyprus Problem, with Ankara crying foul and saying the UN violated its own rules...

1090. Cypriot president points finger at UK and UN

Cypriot President Nicos Anastasiades says “Erdogan’s audacity” has been fueled by Great Britain and the UN’s special envoy to Cyprus, with the Greek Cypriot leader suggesting during an interview this week that a veto on the EU’s positive agenda with Ankara has not been ruled out...

1091. Ankara rejects statement on Varosha

Ankara has remained defiant following a UN Security Council presidential statement that condemned the decision by Turkey and Turkish Cypriots to reopen a residential section of abandoned Varosha...

1092. Nicosia okay with latest UNSC draft on Varosha

Nicosia appeared to be at ease on Thursday night after a draft statement on Varosha, expected to be adopted by UN Security Council members on Friday afternoon, was said to 'condemn' recent announcements by Turkish and Turkish Cypriot leaders regarding the island’s ghost town...

1093. EY acted as lead advisor to the Government of the Republic of Cyprus for the re-development of the Larnaca Port and Marina area

The Strategy and Transactions team of EY Cyprus undertook a lead financial advisory role on behalf of the Ministry of Transport, Communications and Works (“MTCW”) of the Republic of Cyprus in the successful completion of the transaction for the re-development of the Larnaca Port and Marina area between the Government of the Republic of Cyprus and Kition Ocean Holdings Ltd. ...

1094. Turks set Varosha plan in motion

Greek Cypriots are preparing a response to Turkish Cypriot plans to reopen part of Varosha, a risky proposition made official following an announcement by Turkish President Recep Tayyip Erdogan and Turkish Cypriot leader Ersin Tatar on Tuesday in the northern part of the island...

1095. Greek Cypriots mount cancel Varosha campaign

Cypriot President Nicos Anastasiades declared on Tuesday that no Greek Cypriot from Famagusta 'would become an accomplice to Turkish plans' in Varosha, while also rejecting accusations that he was against Turkish Cypriots sharing power on the island...

1096. Erdogan Cyprus visit redraws lines of division

The lines of division on the island of Cyprus are expanding beyond the traditional split along ethnic lines, with a visit by the Turkish president this week expected to cause friction within the Greek Cypriot community over the fate of Varosha but also within the Turkish Cypriot community over political values...

1097. Suspect got scammed in deadly drug deal

The suspect in a deadly drug deal gone wrong in Limassol has given his own version of events, saying he flew into a rage after noticing he had paid for Himalayan salt instead of crystal meth...

1098. Jewel sets sail fully vaccinated from Limassol

The Jewel of the Seas sets sail from Limassol on Saturday marking the beginning of Royal Caribbean’s return to the Mediterranean, a bold move mid-pandemic after Cypriot authorities jumped on board to offer a helping hand to an industry desperately looking for a welcoming port...

1099. Drug deal gone wrong behind Limassol slaying

The suspect accused of killing a man by running him over during a dispute in Limassol has been remanded in custody, with reports saying a drug deal gone wrong was the cause of the deadly incident...

1100. Defense committee on hold over ELAM spot

The chairman of the House Defense Committee in the Republic of Cyprus has blackballed the head of the nationalist party, saying he wants to the matter resolved before he can convene the first meeting...

1101. Nicosia fares well in intense EU council

Nicosia has welcomed a European Council statement that included conclusions on Turkey, after the EU27 leaders held long and protracted consultations that got testy at times especially during Russia talk...

1102. Israel worried over cases linked to Cyprus

Cyprus and Israel are once again facing a sudden jump in daily COVID cases, with both countries dealing with unclear information about the latest spread and Tel Aviv imposing new measures over fears that travelers might have played a role in the infection spike...

1103. 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...

1104. Lute back at it again in Cyprus

UN envoy Jane Holl Lute is back on the island to hold separate discussions on Tuesday with the two Cypriot leaders, just days before the seasoned diplomat’s boss is expected to run shoulders with President Nicos Anastasiades in Brussels...

1105. Biden and Putin take center stage

US President Joe Biden and Russian President Vladimir Putin decided at a 'pragmatic' first summit on Wednesday to hold arms control and cyber-security talks and return their respective ambassadors, while agreeing to differ on other issues...

1106. 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'...

1107. EU-US summit mentions eastern Mediterranean

In a move to restore transatlantic ties, the US commander-in-chief and his two EU counterparts stressed the need for “sustainable de-escalation' of tensions in the eastern Mediterranean, with a final draft making reference to Turkey and international law after some words were left out...

1108. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

1109. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

1110. Nations look to train at Cyprus security center

Three European Union member nations and three Middle Eastern countries are looking to train personnel in border, customs, maritime and cybersecurity techniques at a cutting-edge US-funded facility in Cyprus that is expected to be ready early next year, the Cypriot foreign minister said Thursday...