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2071. Chaos reigns in first Trump-Biden debate

President Donald Trump and Democratic rival Joe Biden battled fiercely over Trump’s record on the coronavirus pandemic, healthcare and the economy in a chaotic and bad-tempered first debate marked by personal insults and Trump’s repeated interruptions...

2072. Winter season a window of opportunity for tourism

With the tourism sector’s performance this summer having refuted even the most optimistic forecasts that were made, the question for tour operators is what more can be done over the next period to reduce the big losses. As such, everyone's attention has shifted to the winter period that begins next November and ends in March 2021....

2073. Greek PM urges use of masks, compliance to avert lockdown

Greek Prime Minister Kyriakos Mitsotakis appealed to the public on Thursday to wear masks and comply with health safety regulations so that stricter coronavirus containment measures can be averted, saying that it is a choice between “self-protection and lockdown.”...

2074. Transport minister reveals future plans for trains, trams in Cyprus

"The Republic of Cyprus recognizes that the railways can play an important role in improving the efficiency of the transport of goods and people, for short and long distances," transport minister Yiannis Karousos said Monday during a teleconference shared with his European counterparts...

2075. FinCEN Files: Cyprus banks embroiled in dirty money leak

Leaked documents from the Financial Crimes Enforcement Network, dubbed the FinCEN files, have revealed that several of the world’s major banks allowed over 200,000 suspicious financial transactions valued at around $2 trillion to be moved over a period of almost two decades, with 897 of those transactions made by Cypriot banks....

2076. EU solidarity to go beyond words, Michel tells Anastasiades

In a meeting with the European Council President Charles Michel on Wednesday, the President of the Republic of Cyprus expressed hope that EU member states will show a united front during next week’s extraordinary European Council summit on Turkey....

2077. Sanctions unfeasible and ineffective

Nathalie Tocci was a close adviser to former EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, during the years when the Cyprus Problem came – according to many - closer than ever to a solution. Today, she is a close advisor to Josep Borrell and, having monitored the Cyprus Problem for many years and having played a central role in the effort to formulate a European strategy for foreign policy, she has a strong view not only on Cyprus but also on the Greek-Turkish conflict. At the same time, she takes a critical approach to the efforts exerted by Athens and Nicosia to link sanctions against Turkey with those against Belarus. ...

2078. Banks must prepare for a new cycle of NPLs due to Covid-19

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) told Cyprus commercial banks to prepare to face a new cycle of non-performing loans in 2021 due to the coronavirus pandemic....

2079. Cyprus adopts new road safety plan for 2021-2030

The Road Safety Council on Wednesday adopted a new strategic plan for 2021-2030 that aims to cut road deaths by half, with the plan to introduce harsher penalties and traffic cameras....

2080. Cyprus problem, Varosha on MED7 summit agenda

The Cyprus problem, Turkey’s activities in the eastern Mediterranean and in the fenced-off ghost town of Varosha, will be on the agenda of MED7 summit to take place on Thursday....

2081. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

2082. Golden passports scheme to remain as is

The citizenship-by-investment program will not be terminated, nor will it be suspended for a short period as a way of managing the crisis developing crisis, the government decided during its Tuesday morning coffee at the Presidential Palace. What was strongly tabled was that a potential freezing or termination of the investment program at this point in time would send a message that the government is acting in light of the Al Jazeera publications, and that by extension, that it accepts them....

2083. KPMG Property Lending Barometer 2020

2084. House President calls for suspension of 'golden passports' scheme

House President Demetris Syllouris has formally suggested to President Nicos Anastasiades that the Cyprus citizenship-by-investment scheme is paused until decisions for its improvement or even complete termination are taken, and called for a meeting of party leaders to discuss the scheme that has recently attracted international attention after a document leak led to a series of articles and videos published by the media network Al Jazeera....

2085. EU set to sanction Turkey over ships in disputed East Med exploration area

The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on September 24 in response to the Eastern Mediterranean dispute with Greece, the EU’s top diplomat said on Friday. ...

2086. Tourism sector in Ayia Napa, Protaras records €15m loss in 2020

The tourism sector of the eastern coastal destinations of Ayia Napa and Protaras suffered losses estimated at €15 million during the current tourist season as a result of the stem in tourist arrivals against the backdrop of the ongoing coronavirus pandemic....

2087. EU mulls legal action against Cyprus 'golden passports'

The foreign media network Al Jazeera, that has this week been publishing a series of articles and videos on the murky side of the Cyprus ‘golden passports’ program after it was leaked classified documents, reported that the European Commissioner for Justice Didier Reynders is looking into the possibility of legal action against Cyprus....

2088. Cyprus takes a stab at Al Jazeera 'propaganda'

The daily publication of reports by the foreign media network Al Jazeera targeting the Cyprus citizenship-for-investment programme after gaining possession of over 1,400 leaked documents has sent the Cyprus government rushing to set the record straight....

2089. Buyer’s market and herd immunity

The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...

2090. A second lockdown would be a grim financial equation

With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....

2091. Cyprus 'golden passports' get popular amid pandemic

The Republic of Cyprus’ investment-for-citizenship program proved to be the second most popular scheme of the sorts amid the global pandemic, with new citizenship applications during the first quarter of 2020 marking a 75% increase compared to the same period last year....

2092. Greek PM tweaks cabinet to increase efficiency on economy, labor and environment

Prime Minister Kyriakos Mitsotakis has introduced changes to the makeup of his cabinet aimed at increasing its “operational efficiency,” government spokesman Stelios Petsas said on Tuesday....

2093. UK tourists deterred by 'complicated' Cyprus process

Though Cyprus has officially re-opened to the UK tourism market, tour operators claim that the majority of visitors from the country are Cyprus expats, with UK nationals so far appearing reluctant to jump through the hurdles Cyprus has laid out for category B countries....

2094. Cyprus perturbed over Russia tax move

Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...

2095. Cyprus to draw over €2.7b from EU pandemic recovery fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

2096. Two extradited from Cyprus to face US justice

The Republic of Cyprus has extradited two alleged cyber criminals to the United States, including a young man who is the first Cypriot national to be extradited under an extradition treaty with the US...

2097. Tourism prospects completely lost, Famagusta hoteliers say

All tourism prospects for this year are definitively lost, the Famagusta branch of the Cyprus Hotel Association claimed after a meeting between its board of directors and the president of ruling party Disy Averof Neophytou....

2098. EU summit breaks up after all-night talks, to resume later

A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....

2099. 74% of Cypriots want higher EU budget to tackle pandemic

Three in four Cypriots believe the EU needs additional economic means in order to deal with the repercussions of the coronavirus pandemic, a study conducted by the European Parliament during the second half of June showed....

2100. UNSG report on his good offices in Cyprus obtained by Kathimerini Cyprus

The 39-page advance copy of the Report of the UN Secretary-General on his mission of good offices in Cyprus was obtained by Kathimerini Cyprus....