Search

181. 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....

182. Mass deportations underway in Cyprus

The Republic of Cyprus has begun expelling foreign nationals who have been turned down for asylum, citing concerns over security threats and changing demographics due to a migration crisis...

183. 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...

184. Cyprus plans to tap into ESM’s pandemic credit line

Cyprus will tap into the European Stability Mechanism’s Pandemic Crisis Support fund to cover its elevated healthcare expenditure which came as a result of the coronavirus outbreak, Finance Minister Constantinos Petrides said Thursday. ...

185. 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....

186. Half of Cyprus population unable to cope with unexpected expenses

Almost half (48%) of the populations of both Cyprus and Greece were unable to cope with unexpected financial expenses last year, data released by the European statistical service (Eurostat) on Tuesday showed....

187. Attorney general weighs in on casino probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

188. Civil society group launches petition demanding government covers rent, utility bills

A civil society group that formed in Cyprus amid the coronavirus outbreak to address urgent social concerns that have slipped through the cracks of the government’s support package launched a petition on Wednesday demanding that the government moves to cover rent and suspend utility expenses....

189. Dissatisfaction with democracy 'at record high'

Dissatisfaction with democracy within developed countries is at its highest level in almost 25 years, according to University of Cambridge researchers. ...

190. Finance committee releases Jiu Jitsu money

The finance committee has released funds set aside to pay for Jiu Jitsu, despite accusations from MPs on the left that something did not add up in the recently-launched cash rebate scheme...

191. 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...

192. Revenue from ship management dips

Ship management revenues decreased in the first half of 2019 by €5 million, according to the results of the Ship Management Survey for the first half of 2019, concerning the transactions of resident ship management companies published Wednesday by the Central Bank of Cyprus...

193. Ayia Napa confession not up to par

A British woman accused of making false rape claims in Ayia Napa after signing a confession is fighting back in court, pointing to grammar errors to prove she never wrote a statement recanting the initial allegations...

194. Thomas Cook goes bust

The world’s oldest travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded around the world including Cyprus ...

195. More US energy companies to operate in Cyprus, US Ambassador says

US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...

196. First lawsuit against police in serial killer case

A lawsuit against the police is expected to be filed Tuesday in the serial killer case, with a lawyer saying his client is seeking damages but also trying to protect evidence and testimonies that could “vanish” in the future...

197. K. Treppides & Co Ltd: Income Tax Law Amendments

The House of Representatives voted on 5 April 2019, a series of provisions amending the Income Tax Law which were published in the Official Gazette of the Republic on 25 April 2019...

198. Revenue from ship management climbs

199. Amusement park shuts down following accident

The executive board of Ayia Napa’s Parko Paliatso amusement park has decided to shut down all operations following last week’s accident, vowing to reopen only after authorities confirm that all risks are eliminated...

200. Mom and son injured in star flyer accident

A mother and her young son were seriously injured in a swing ride accident at an amusement park in Ayia Napa, after they were both ejected from their seat on a star flyer...

201. Cyprus scolded for unlawful detention

ECHR orders Cyprus to pay €30,000 in damages for the unlawful detention and degrading treatment of an Iranian national, mounting more pressure as MP's are debating a new asylum bill currently stuck under review...

202. Big decisions ahead for Bank of Cyprus

203. Israeli Ambassador: US participation in Jerusalem summit a strong sign of support

204. New plan to subsidise home solar systems

Home owners who install residential solar power systems will be eligible for state subsidies up to €1000, according to a government plan approved by the Cabinet on Thursday...

205. Project Helix, Differed tax, prop up Bank of Cyprus results

206. Cyprus establishes energy investment fund

207. Indian housemaid in Nicosia hung out to dry

A female housemaid from India was ordered to pay a €500 fine after a judge found her guilty of stealing €20 from her employers, a charge she vehemently denies to this day...

208. CYTA forecasts budget deficit for 2019

209. Egypt - Cyprus agreement for Block 12 gas field attracts great investor interest

210. Cyprus 2019 budget to create 3% surplus