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1741. Mavroyiannis open to gas for Turkey before solution

AKEL-backed independent presidential candidate Andreas Mavroyiannis says Cyprus could sell natural gas to Turkey before a comprehensive solution can be reached on the island, marking a departure from official policy as well as the position of his opponents...

1742. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

1743. Anastasiades: 'Turkey’s positions are the epitome of revisionism'

Turkey’s stance on Varoshia is the epitome of revisionism, President of the Republic of Cyprus Nicos Anastasiades has said when invited to comment on recent statements by Turkish Foreign Minister Mevlut Cavusoglou....

1744. How likely is a Greek-Turkish military conflict?

"Conflict over the Aegean Islands: Erdogan Threatens Europe with Next War." This is the title of a comment by the Greek-born editor-in-chief of the Munich newspaper Münchner Merkur, George Anastasiadis, on Turkey's new threats against Greece over sovereign rights in the eastern Aegean islands....

1745. Athens sees Ankara raising tensions

Greek officials expect two moves by Turkey that will ratchet up tensions between the two nominal allies up another notch this summer, to levels not seen since 2020....

1746. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

1747. Cyprus grieves over loss of beloved minister

Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...

1748. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

1749. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

1750. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

1751. Cyprus objects to airport designation in Turkish-occupied north

Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday....

1752. EU should play more active role towards Turkey

The EU should have a more active role and exert pressure on Turkey to terminate its hostile attitude and focus on its European course Cypriot MP Ηarris Georgiades, Chair of the Foreign affairs committee told Piero Fassino, rapporteur for Famagusta of the Parliamentary Assembly of the Council of Europe....

1753. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

1754. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

1755. KPMG and CIM offer two scholarships

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

1756. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

1757. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

1758. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

1759. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

1760. Global IPO market experiences significant slowdown in Q1 2022

1761. 'Mutually beneficial' CBMs rejected by Tatar

Government Spokesman Marios Pelekanos stated today that a proposal by Cyprus President, Nicos Anastasiades, on a package of Confidence Building Measures (CBM) is mutually beneficial and promotes a positive climate for the resumption of Cyprus talks....

1762. Menendez: 'There will be consequences for Turkey's violations'

The Turkish occupation of Cyprus and Ankara's policy, which remain a threat to stability and prosperity in the region, was raised by Senator Robert Menendez during the Annual Economist New York Mediterranean Business Summit on Tuesday....

1763. Efforts continue for the release of the Cypriot captain on one of the seized ships

Cyprus' Ministry of Foreign Affairs is continuing its diplomatic efforts for the release of a Cypriot captain, a member of the crew of one of two Greek oil tankers recently seized by Iran's Revolutionary Guards in the Gulf. ...

1764. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

1765. European unity tested as talks on Russian oil embargo drag on

Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....

1766. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

1767. 103 million euros in support measures for vulnerable households

Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine....

1768. Superyacht in Ayia Napa highlights tourism makeover

A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...

1769. Greece rejects Turkish claims in the Aegean

The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....

1770. The Anatolian Greeks who settled in the US

“There was Antonis, a man who emigrated to America from Greece, who thought he was a ‘real Greek’ and that everyone from Alatsata [present-day Alacati] and Asia Minor were inferior....