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2821. 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...

2822. Nicosia scores points on UNFICYP draft

Nicosia scored a diplomatic victory on Wednesday on an UNFICYP draft resolution, after members of the Security Council asked to retain narrow language on a federal solution and remove references suggesting a federal framework could be room for finding common ground...

2823. 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...

2824. 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. ...

2825. Cyprus wants strong UNSC response on Varosha

The UN Security Council is scheduled to tackle Varosha on Thursday, after the Republic of Cyprus requested closed consultations to take place following a Turkish Cypriot announcement to reopen part of the ghost town in the north, a move heavily criticized by Greek Cypriots in the south...

2826. 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...

2827. 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...

2828. Cavusoglu visit sets threshold in Cyprus talks

Turkish Foreign Minister Mevlut Cavusoglu says Ankara does not accept the mentality that Turkish Cypriots are a minority in Cyprus, accusing Greek Cypriots of denying equality between the two communities while also pulling favors from the European Union...

2829. 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...

2830. 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...

2831. President focused on agenda after reshuffle

Cypriot President Nicos Anastasiades says this week reshuffle of his Cabinet will serve the government agenda, while blaming the opposition for his coalition-style approach falling flat...

2832. 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...

2833. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

2834. KPMG Announcement

2835. 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...

2836. 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...

2837. 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...

2838. A silent pandemic requiring global action now

If policymakers fail to address the challenge of antimicrobial resistance they risk seeing the rise of a silent pandemic, write Stella Kyriakides and Dr Tedros Adhanom Ghebreyesus...

2839. Advisory Services to the Cyprus Cancer Research Institute

KPMG in Cyprus will offer pro-bono Advisory Services to the Cyprus Cancer Research Institute (CCRI). Based on the partnership, the scope of services relates to the overall design of the Institute’s operational processes...

2840. 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. ...

2841. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

2842. Police still busy as Cyprus relaxes further

Safe Pass in the Republic of Cyprus is not needed for outdoor venues including restaurants and coffee shops as of Monday, when new relaxation measures went into effect that also shortened a night curfew imposed amid the pandemic...

2843. Israel destroys Gaza tower housing media

Israel destroyed a 12-storey tower block in Gaza housing the offices of the U.S.-based Associated Press and other news media on Saturday, saying the building was also used by the Islamist militant group Hamas...

2844. Cyprus drops case against pandemic protester

State prosecutors have dropped a case against a protester who was being accused of health law violations during a demonstration amid pandemic restrictions, but the Legal department says constitutionality questions raised by his lawyer are still pending...

2845. Greengrocers declare ‘May Day’ in Cyprus

Fruit and vegetable stores in the Republic of Cyprus stunned the public for being prepared to violate a government decree on labor day this Holy Saturday, but a bigger surprise came from supermarkets that plan to stay closed...

2846.  Eight University of Nicosia academics listed among top scientists in the world

Eight University of Nicosia academics are included on the annual list of 100,000 top-scientists worldwide and, correspondingly, in the top 2% of scientists in their field, according to a team of researchers at Stanford University in the USA...

2847. No common ground in sight in Geneva

The two Cypriot leaders and media coverage of their separate discussions with the UN chief in Geneva could not be more diametrically opposed, with the parties in the 5+1 meeting called to reflect on their positions before assembling again on Thursday...

2848. US-Turkish alliance at a critical crossroads

The rift between Joe Biden and Recep Tayyip Erdogan runs deep as the American president – in contrast to his predecessor – attaches a great deal of importance to respect for democratic values and does not see his Turkish counterpart as willing to cooperate in the framework of a world order based on shared principles and rules, Ian Bremmer, the head of Eurasia Group, tells Kathimerini in an interview....

2849. Search for common ground on Cyprus begins

The United Nations are launching in Geneva their latest effort in the Cyprus Problem, with an informal 5+1 meeting starting Tuesday in search for common ground despite the two sides on the divided island having denounced each other’s official position...

2850. Christodoulides: Failure in Geneva won’t benefit anyone

A failure of the informal five-party summit would constitute a negative development for all participants, Foreign Minister Nikos Christodoulides said in an interview with Kathimerini Cyprus' Marina Economides, just before the new UN-led initiative was set to kick off in Geneva on Tuesday....