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1351. Cypriots discuss roadmap to constitutional unity for a federal state

A bicommunal research program titled "Developing Common Ideas on Constitutional Issues," funded by the European Union, is engaging Greek Cypriots (GC) and Turkish Cypriots......

1352. BOC shares open at €4.78 on Athens exchange post-London exit

The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE). ...

1353. EY Cyprus Wins Transfer Pricing Firm of the Year for the Sixth Consecutive Year and Charalambos Palaontas Recognized as Leading Practitioner

EY Cyprus has once again been named Transfer Pricing Firm of the Year by the International Tax Review (ITR), marking the sixth consecutive year the firm has received this prestigious recognition. ...

1354. Cypriot loan servicers struggle as red loans hit €21.2B

While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...

1355. Supreme court ruling on Auditor General fuels corruption debate in Cyprus

The decision to dismiss the auditor general—determined by the highest level of Justice in Cyprus—has sparked a significant public, legal, and political debate....

1356. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

1357. Germany’s hardline on Syrian deportations gives Cyprus green light for returns

In a landmark ruling, Germany’s Supreme Administrative Court in Munster has determined that some areas of Syria can now be considered "safe," despite the ongoing civil war....

1358. CERA approves €125M for Cyprus-Crete power link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

1359. Elderly defrauded of €40,000 in utility worker scam

A group of Roma individuals continues to defraud elderly people by posing as employees of the Greek Public Power Corporation (DEI) and the Hellenic Telecommunications Organization (OTE), aiming to steal money....

1360. Paphos-Polis road contractor proposals await approval

Plans to improve the road linking Paphos Airport with the city and a potential alternative route are under consideration, according to Paphos Chamber of Commerce and Industry (PCCI) President George Mais....

1361. The 5th Lidl Wellness Camp was held with great success 

Continuing its tradition of promoting and strengthening a healthy lifestyle, Lidl Cyprus welcomed more than 250 participants of all ages to this year's Lidl Wellness Camp....

1362. Calls to reduce fines for late UBO submissions in Cyprus

High fines have spurred companies in Cyprus to comply with the submission of beneficial ownership details to the Company Registrar's Beneficial Ownership Register. ...

1363. 1KM MEDOCHEMIE FAMILY FUN RUN

Medochemie, the largest pharmaceutical company in Cyprus, has a longstanding commitment to supporting sports and promoting initiatives that encourage physical activity......

1364. Moody’s sees positive outlook for Hellenic Bank following Eurobank deal

Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive. ...

1365. Andreas Petsas named new CEO of Eurobank Cyprus

Eurobank Cyprus’ Board of Directors, decided to appoint Mr Andreas Petsas as a Member of the Board of Directors and as the Bank’s Chief Executive Officer (CEO), in a meeting held on 17 September 2024 in Nicosia....

1366. Dutch government requests opt-out from EU asylum rules

The Netherlands’ new coalition government, led by Geert Wilders’ far-right Party For Freedom (PVV), has requested an opt-out from the European Union’s asylum rules,...

1367. Aphrodite gas project moves to new phase of talks from January, 2025

Chevron and the Republic of Cyprus have agreed to enter a four-month negotiation period to finalize plans for the development of the ‘Aphrodite’ gas field in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ). ...

1368. A magical night of music in Nicosia's Eleftheria Square

1369. Larnaca hosts 2nd Jazz Festival with free entry on Sept. 26-27

The 2nd Jazz Festival will take place on September 26-27 at Zuchouri Square in Larnaca, featuring top artists from the Cypriot and international jazz scenes, curated by Akis Farmakalidis....

1370. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......

1371. Michalis Louis appointed CEO of Hellenic Bank

Michalis Louis has been appointed as the new Chief Executive Officer of Hellenic Bank Public Company Limited at the Annual General Meeting of the Shareholders of the Bank, with immediate effect, according to a decision taken by the Board of Directors of the bank......

1372. New Turkish center to oversee maritime and air traffic in occupied Cyprus

Turkey's Transport Minister Abdulkadir Uraloglu announced that a maritime monitoring center in occupied Cyprus is expected to be operational by the end of next year....

1373. Cyprus and Chevron set timeline for Aphrodite gas field resolution

The Republic of Cyprus and Chevron have agreed to hold discussions over the next four months in order to seek an amicable solution that ensures the development of the Aphrodite gas field without further delays....

1374. Hellenic Bank boosts first-time buyers with reduced rates

Hellenic Bank has introduced a new scheme offering reduced interest rates for first-time homebuyers....

1375. Sweden to pay migrants up to $34,000 to return home

Sweden is making significant changes to its migrant policies, marking a ''paradigm shift'' aimed at reversing decades of leniency. ...

1376. Groups call for sanctions and boycott of Israel during Nicosia protest

A protest took place Wednesday morning outside the "Doing Business with Israel" conference, organized by Invest Cyprus in Nicosia....

1377. IRS experts aid Cyprus in combating money laundering

In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....

1378. Cyprus' Supreme Court suspends Auditor General (UPDATE)

UPDATE: The Supreme Constitutional Court unanimously ruled Wednesday to suspend Auditor General Odysseus Michaelides, citing misconduct and incompetence....

1379. Decision pending on Auditor General’s fate

The Supreme Constitutional Court began its session at 9:30 p.m. on Wednesday to deliberate on Attorney General George Savvides' request for the dismissal of Auditor General Odysseas Michailidis over alleged "improper conduct."...

1380. Minister backs Cyprus-Crete cable, RAEK to review

According to Apostolos Tomaras' article which was published in Kathimerini's Cyprus edition, Cyprus and Greece are poised to resolve lingering issues surrounding the electricity interconnection project between Cyprus and Crete......