https://knews.kathimerini.com.cy/en/news/president-defends-block-on-audit-office
President Nicos Anastasiades invoked the Constitution during a televised interview, saying the job description of the auditor general, who is currently seeking information on foreign nationals linked to a casino project, does not authorize him to 'have a say in everything'...
https://knews.kathimerini.com.cy/en/news/al-jazeera-strikes-again-at-cyprus-papers
Al Jazeera’s investigative unit struck again on Monday with new Cyprus Papers material, involving a report accompanied by a one-hour video depicting undercover reporters who visited Cyprus and posed as representatives of an imaginary ultrarich investor, Mr X, who was convicted for palm-greasing and money laundering, to ‘test’ whether local authorities would still be willing accept his hefty investment and provide him with Cypriot citizenship....
https://knews.kathimerini.com.cy/en/news/famagustians-protest-reopening-of-varosha
Hundreds of Famagusta residents gathered just after 5pm on Thursday at the Deryneia crossing to protest the reopening of Varosha’s beach strip on Thursday, demanding the return of the town to its lawful inhabitants and the full implementation of UN resolutions governing the future of the town that was abandoned after 1974 conflict....
https://knews.kathimerini.com.cy/en/news/bad-blood-continues-over-golden-passport-probe
A prolonged and bitter dispute between the interior minister and auditor general, over probing Cyprus’ golden passports scheme, was renewed this week following a mini report with details on a number of applications through citizenship by investment...
https://knews.kathimerini.com.cy/en/business/kpmg-property-lending-barometer-2020
https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties
The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...
https://knews.kathimerini.com.cy/en/comment/opinion/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...
https://knews.kathimerini.com.cy/en/business/minthis-property-collection-and-the-design-diversity
Pafilia is always at the forefront of innovation in the real estate market thanks to its visionary approach and determination to push boundaries. With the recent launch of a new collection of residential designs at Minthis, collectively called Topos, they have once again set new industry benchmarks and further diversify the product range at this holistic lifestyle destination....
https://knews.kathimerini.com.cy/en/news/cypriot-among-victims-in-london-murders
A British Cypriot was killed last week in London amid a string of murders around the city, with police inspectors under additional pressure as the victim’s sister was also killed 28 years ago but nobody was charged...
https://knews.kathimerini.com.cy/en/news/moody-s-payment-holidays-shield-cyprus-banks-in-2020-but-deterioration-likely-in-2021
Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...
https://knews.kathimerini.com.cy/en/news/nicosia-midtown-business-center-in-the-works
A new modern business centre on the most popular main street in Nicosia is said to be in the pipeline, following reports that the Bank of Cyprus has sold a parking lot in the midtown area...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/greek-economy-to-get-multi-billion-euro-lifeline
Prime Minister Kyriakos Mitsotakis will announce steps to revive the economy in a televised address on Wednesday. These steps will be mainly focused on tourism but will also concern other sectors affected by the coronavirus pandemic. ...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-sells-its-most-expensive-home
Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-recognised-internationally-as-a-leading-cyprus-law-firm
Michael Kyprianou & Co LLC had the honour of been recommended for all its areas of practice. At the same time it has received top tier recognition in the fields of Dispute Resolution, Employment Law and Real Estate & Construction Law....
https://knews.kathimerini.com.cy/en/news/coronavirus-derails-southern-europe-s-clean-up-from-the-last-crisis
This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....
https://knews.kathimerini.com.cy/en/news/interior-minister-talks-migration-cyprus-investment-program-with-eu-officials-in-brussels
Interior Minister Nicos Nouris informed the EU Commission’s Vice-President Margaritis Schoinas on Cyprus’ needs and the issues the country faces in dealing with the increased flow of migrants, ahead of the presentation of relevant proposals by the Commission next month....
https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain
Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-golden-passports-scheme-a-laundering-risk-says-watchdog
A European money laundering watchdog has cautioned that a secretive investment-for-passports programme run by Cyprus was vulnerable to money laundering and fraught with risk...
https://knews.kathimerini.com.cy/en/news/prio-a-solution-to-cyprus-problem-can-oe
A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....
https://knews.kathimerini.com.cy/en/news/president-s-air-travel-under-scrutiny
Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...
https://knews.kathimerini.com.cy/en/news/three-new-endangered-monk-seals-born-last-year-in-cyprus
Three new births of the Mediterranean monk seal species (Monachus monachus), one of the most endangered mammals in the world and the only seal species in the Mediterranean, were recorded last year, the Agricultural Ministry announced on Friday....
https://knews.kathimerini.com.cy/en/news/berengaria-sees-hope-on-the-horizon
Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...
https://knews.kathimerini.com.cy/en/business/land-units-and-plots-across-cyprus-for-sale-by-gogordian
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-family-offices-and-succession-planning-for-the-next-generation
The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....
https://knews.kathimerini.com.cy/en/news/gogordian-the-new-player-in-property-investment
https://knews.kathimerini.com.cy/en/business/pwc-presented-its-new-publication-for-the-real-estate-and-land-development-sector
PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...
https://knews.kathimerini.com.cy/en/news/jho-low-movie-gaining-popularity
A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...
https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/news/fugitive-financier-s-cypriot-passport-rocks-the-boat
A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...