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181. Interior minister presents bills for streamlining asylum procedures

The house legal committee discussed on Tuesday a bundle of four bills, submitted by interior minister Nicos Nouris, that seek to streamline procedures for the processing of applications filed by asylum seekers as well as appeal proceedings....

182. Handymen wanted in Paphos home larceny

Two residence maintenance workers are wanted by police in connection with an investigation into stolen money from a holiday home in Paphos...

183. FinMin delves into details of 'new, more targeted measures'

Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....

184. President unveils new stimulus package

President Nicos Anastasiades announced on Wednesday a new set of measures to support tourism, businesses, and the self-employed workers that took a hit in the coronavirus pandemic...

185. The crisis is here and should not be underestimated, FinMin warns parties

As political parties continue to quarrel over a bill seeking to release government funds as guarantees for loans to businesses hit affected by the coronavirus outbreak, Cyprus Minister of Finance Constantinos Petrides warned that “the crisis is here and should not be underestimated.”...

186. President gives thanks to nurses and midwives

President Nicos Anastasiades expressed the government’s and his own “deep gratitude” toward nurses and midwives for their valuable contribution in protecting the public’s health....

187. Cabinet approves new bundle of support measures

The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak....

188. Health officials concerned over missteps, asymptomatic carriers

Police on Tuesday walked in on a Limassol hairdressing salon serving clients, in violation of restriction decrees....

189. Police enlist drones in Easter gatherings clamp down (VIDEO)

Police conducted 3,269 checks and booked 119 pedestrians and drivers in violation of restriction measures in just 12 hours, between 6pm on Sunday and 6am on Monday....

190. Government to spend €850m in direct support until June

The Cypriot government announced the extension of measures to companies and self-employed persons hit by the coronavirus outbreak until June 12, increasing direct support to €849 million or 3.5% of GDP....

191. President to address nation for third time

President Nicos Anastasiades will address the nation at 7pm on Wednesday for the third time since the Cyprus coronavirus outbreak, with the address expected to announce the extension of current measures until the end of April, but may also include additional measures....

192. Tax alert: Cyprus

193. Loan payments to be suspended for nine months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

194. Persons travelling for permitted reasons to fill in a form or send SMS

During the partial curfew to be enforced at 6pm on Tuesday for three weeks, those wishing to leave their home or shelter for any of the reasons falling under the exceptions to the travel restriction must either fill in a special form or send a text message to 8998....

195. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

196. Government considering to give banks €2b in state guarantees to unlock credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

197. Covid-19 cases jump to 97

Confirmed coronavirus cases rose to 97 in the Republic of Cyprus after two more tested positive on Monday, with one of the new cases involving a doctor at the Limassol General Hospital....

198. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

199. 1 in 10 employed persons in EU at risk of poverty

One in ten employed persons aged 18 years or over in the EU were found to be at risk of poverty in 2018, according to data published on Friday by Eurostat, the statistical service of the EU....

200. MPs stalling Jiu Jitsu cash rebate

A cheque for €8.5 million to pay for Jiu Jitsu, a film starring Nicolas Cage, is being held up in the Cypriot parliament as opposition parties are blocking the cash rebate and asking questions...

201. Anti-Brexit protesters descend on London

Anti-Brexit protesters on Saturday used a bizarre array of humor to lampoon Britain’s leaders, casting Prime Minister Boris Johnson’s chief adviser as a manipulating devil behind a divorce that was the work of a privileged few...

202. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

203. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

204. Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

205. Deutsche Bank axes 18,000 jobs

206. Cypriots get a glimpse of City of Dreams

The Cyprus Casinos "C2" are celebrating their first anniversary in Cyprus and the company chose to look ahead with images and video of the City of Dreams Mediterranean Integrated Casino Resort (ICR), scheduled to open in Limassol in late 2021...

207. Bank employee arrested for stealing €185,000

A former bank employee has been arrested by Limassol police after an internal audit reportedly discovered suspicious patterns and anomalies in connection with customers’ bank accounts...

208. 'Lay to rest the remnants of colonialism' Cyprus says

209. CySEC: Cyprus securities market has grown over 169% since 2011

210. New arrest in Nicosia downtown blast

A new suspect has been arrested in the Nicosia downtown blast that took place in late January, while the identity of the female victim has yet to be confirmed officially...