Search

271. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

272. Legal blocking tests abroad in soldier's death

The clock is ticking for the family of a dead soldier, whose official manner of death in 2005 as suicide is being disputed, with the Legal department refusing to consent to any exhumed remains being sent abroad for specialized testing...

273. SMS system returns as Cyprus enters three-week lockdown

Cyprus Health Minister Constantinos Ioannou announced the new restrictions agreed upon by the Cabinet on Friday, which include a clampdown on unnecessary movements, and social and professional gatherings....

274. A timeline of the coronavirus pandemic in Cyprus

The coronavirus pandemic in Cyprus, which kicked off mildly at first with double-digit daily new cases before the second wave sent the island into unprecedented terrain with hundreds of daily new cases and the healthcare system ready to give in at any given time, can be generally divided into four stages. ...

275. Cabinet to decide on holiday leniency

With Christmas day and the New Year approaching, businesses and the public are growing increasingly eager to see whether restriction measures in place will be loosened, but recent figures and the climbing death toll point to any relaxation being a highly unlikely scenario...

276. Turkey at risk of extended sanctions by March, EU source tells Kathimerini

Ankara could be slapped with more European sanctions depending on the findings of an evaluation report on Turkey expected by March, a senior diplomatic official has told Kathimerini on condition of anonymity....

277. Milwaukee bridge lit in colors of Greek flag

Milwaukee’s Hoan Bridge was lit blue-and-white, the colors of the Greek flag, for a few hours on Tuesday evening in celebration of Giannis Antetokounmpo’s signing a five-year supermax extension with the local NBA team, the Milwaukee Bucks...

278. EU to toughen sanctions on Turkish drilling, draft summit statement says

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....

279. Tougher measures to affect schools and tutoring businesses

The tougher measures to come into effect on Friday will effect schools and after-school tutoring businesses....

280. This week to define next coronavirus measures

The last week of November will be decisive, as its coronavirus figures will determine the next steps to be taken, both in terms of suggestions to be submitted by the government’s expert task force and government decisions....

281. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

282. EU extends ability to impose sanctions on Turkey

The European Council on Friday issued a one-year extension to its framework for sanctions that could be imposed on individuals and entities responsible for Turkey’s controversial gas exploration and drilling activities in the Eastern Mediterranean....

283. Foreign investors rush to meet deadline

Days before Cyprus’ Citizenship by Investment Programme is set to go offline, interior ministry officials and paralegals kicked things into high gear to handle the last batch of petitions by foreign investors before the programme ends on Sunday...

284.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

285. MPs put foot down over farm animals in pet list

As Cyprus scrambles to draw up a list of animals permitted to be sold at pet shops, and by extension which pets the public can keep at home, the parliamentary environment committee is pushing for certain farm animals, such as donkeys, horses, pigs, and sheep, which are currently included in the list, to be available for purchase only in appropriate circumstances....

286. Cabinet approves revocation of seven citizenships

The Cabinet on Wednesday gave the green light for the initiation of the process for the revocation of Cypriot citizenship granted to seven persons through the Investment Program. ...

287. Spanish FM stresses solidarity with Cyprus, importance of dialogue

Spain’s Foreign Affairs Minister Arancha González Laya expressed her country’s solidarity and support for Cyprus in the face of tensions with Turkey in the Eastern Mediterranean....

288. Penalties for traffic violations to spike on Thursday

On Thursday, legislation enforcing new and higher penalties for traffic violations in a bid to curb road accidents and deaths come into effect, with fines to increase for a range of violations including not wearing a seatbelt or helmet, using a mobile phone, parking in a spot reserved for disabled persons, among other things....

289. 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....

290. Greece welcomes no extension for Oruc Reis

Turkey’s seismic research vessel Oruc Reis returned to waters near the southern province of Antalya on Sunday, Refinitiv data showed, a move Greece said was a positive first step in easing tensions over offshore natural resources...

291. AG announces makeup of new committee to probe passports scheme

Attorney General George Savvides announced the members of the newly-established four-member committee tasked with probing the entire length of the Cyprus Investment Program, which was introduced in 2007....

292. 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....

293. 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....

294. 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....

295. 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....

296. Greece to extend territorial waters amid dispute with Turkey

Turkey’s president warned Greece on Wednesday not to test his country’s patience or courage as the NATO allies remained locked in a tense dispute over offshore energy exploration in the eastern Mediterranean, while Greece announced plans to extend its territorial waters along its western coastline....

297. Cyprus President meets with UNSG's Special Representative

President of the Republic of Cyprus Nicos Anastasiades held a meeting on Wednesday morning with the UN Secretary General’s Special Representative in Cyprus and head of the UN peacekeeping force on the island (UNFICYP), Elizabeth Spehar....

298. EU gives go-ahead for Cyprus-Greece ferry connection subsidy

Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....

299. Security Council convenes on July 29 to extend UNFICYP mandate

The UN Security Council is scheduled to convene on July 29 to discuss the extension of the mandate of the UN peacekeeping force in Cyprus (UNFICYP). ...

300. EU impasse poses threat to Greek tourism

Greece’s plan to open up to the world on July 1 to salvage its tourist season could be jeopardized as there is a growing risk that European Union member-states will fail to agree on the details regarding the opening of their borders to travelers from third countries on that date. ...