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61. Former Minister Kadis chosen as Cyprus' EU commissioner candidate

The Republic of Cyprus will propose Dr. Costas Kadis for the position of Commissioner in the European Commission, Government Spokesman Konstantinos......

62. Limassol resident loses €30,000 in cryptocurrency scam

A 54-year-old resident of Limassol reported to the police yesterday that he was scammed out of €30,000 by an online scammer posing as a cryptocurrency investment advisor....

63. Harris campaign criticizes Trump-Musk interview as 'self-obsessed'

Former President Donald Trump and Tesla CEO Elon Musk engaged in a friendly conversation on X (formerly Twitter) on Monday, though their highly anticipated interview was delayed by over 40 minutes due to technical issues....

64. Bank of Cyprus sees 23% profit growth, raises financial targets

The Bank of Cyprus has announced a 23% increase in its profit after tax for the first half of 2024, reaching €270 million, compared to the same period in 2023. ...

65. Eurobank completes takeover of Hellenic Bank

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...

66. Christodoulides and Tatar clash over planned UN meeting

The possibility of a joint meeting between President Nikos Christodoulides of Cyprus and Turkish Cypriot leader Ersin Tatar......

67. Journalists, spies and political prisoners freed in largest prisoner swap since cold war

The Wall Street Journal reporter Evan Gershkovich has been freed from Russian custody as part of a significant prisoner exchange involving numerous foreign citizens held in Russia and several Russian political prisoners....

68. Israeli forces kill Hezbollah commander in Beirut, Hamas leader in Iran

The Middle East faces heightened tensions following two significant Israeli strikes. Last night, Israeli forces targeted and killed Fouad Soukr, a key member of Lebanon's Shi'ite Hezbollah organization, in Beirut....

69. Record surge in olive oil fraud amid rising prices of 'liquid gold'

The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....

70. Cypriot and Swiss officials discuss migration cooperation

Cypriot Deputy Minister of Migration and International Protection Nicholas Ioannides thanked his Swiss counterpart, Christine Schraner Burgener, over her country’s financing of infrastructure of the Cypriot Asylum Service. ...

71. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

72. MEP Fidias defends actions in video after memorial event dispute

Cypriot MEP Fidias Panayiotou released a three-minute video responding to accusations......

73. Market changes, Eurobank's move, and economic struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...

74. Financial education in Cyprus schools after Metamax scandal

The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...

75. CySEC slaps a €200,000 fine on IC Markets (EU) Ltd

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 fine on the Cyprus Investment Firm (CIF), IC Markets (EU) Ltd, for violating leverage rules....

76. Senator Menendez convicted on bribery charges

Democratic Senator Bob Menendez of New Jersey has been convicted on multiple counts of bribery following a nine-week trial, a verdict that could potentially send him to prison for years. ...

77. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

78. Cyprus and Greece commit to Eastern Med security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

79. Murder investigation heats up, land deal at heart of Mykonos feud

The murder of topographer Panagiotis Stathis in Psychiko has cast a fresh spotlight on a contentious plot of land in Mykonos, believed to be the epicenter of a bitter dispute between Stathis and a local businessman....

80. Accurate dating of Kyrenia shipwreck confirmed

Using various lines of evidence researchers have determined that the Kyrenia shipwreck had been constructed between about 345-313 BC and sank between about 286-272 BC......

81. Cyprus Law Commissioner teams up with Ireland to improve legal system

Law Commissioner Louisa Christodoulou Zannetou recently engaged in a virtual meeting with Ireland’s Law Reform Commission Chairman Justice Frank Clarke and Commissioner Richard Barrett. ...

82. Cyprus President meets business leaders on HR, energy, and tax

83. New pyramid scheme preys on Cypriots promising big profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

84. Cyprus and U.S. celebrate strengthened ties at U.S. Independence Day event

The 248th anniversary of U.S. Independence was marked with a grand celebration hosted by the U.S. Embassy in Nicosia on Tuesday evening....

85. Cyprus higher education sees doubling of student enrollment over past decade

Health Minister Michalis Damianos praised the dramatic growth of Cyprus' student population during a graduation ceremony at the University of Frederick in Nicosia on Friday....

86. Hearing continues in Auditor General suspension case

The Supreme Judicial Council continues to hear Attorney General George Savvidis' request to suspend Auditor General Odysseus Michaelides on grounds of misconduct. ...

87. Hearing on AG's suspension adjourned until tomorrow

The Supreme Judicial Council adjourned today after hearing more arguments on Attorney General George Savvidis' request to suspend Auditor General Odysseas Michaelides for alleged misconduct....

88. Varosha resolution: PACE calls for return to legal owners

The Parliamentary Assembly of the Council of Europe (PACE) on Thursday approved a resolution calling for the return of Varosha to its lawful inhabitants......

89. After the 'white smoke', phase two begins for von der Leyen

The attempt to reassure Georgia Meloni to agree to the European Council's decision to back the trio of Ursula von der Leyen for a second term as President of the Commission, Antonio Costa as President of the European Council...

90. Wizz Air announces new route from Larnaca to Milan Malpensa

Wizz Air, Europe’s fastest-growing and most environmentally sustainable airline, proudly announces today it will launch a new route from Larnaca to Milan, Italy this autumn....