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1. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

2. US congresswoman on a money trail to Cyprus

A US Congress delegation is set to visit Cyprus to hold meetings on financial matters, led by Chairwoman Maxine Waters who vowed earlier this year to conduct oversight hearings into financial dealings of the US president...

3. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

4. Foreclosure legislation unconstitutional

The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...

5. Cyprus considers raising corporate tax rate to 15%

The idea of ​​raising the Cyprus corporate tax rate from 12.5% ​​to 15% has been discussed at a meeting between Finance Minister Haris Georgiades and business executives...

6. Cyprus formally asks EU to share burden

Interior Minister Constantinos Petrides has made good on his promise to seek help in “practical ways” from his EU counterparts on the migration issue and redistribution of asylees...

7. Lifeline as Parliament accepts President's referral

The House of Representatives has heeded warnings voting to accept the President's referral of legislation that would have made it difficult for banks to recover mortgaged non-performing exposures...

8. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

9. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

10. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

11. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

12. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

13. Central Banker mulls bridging framework on foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

14. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

15. Foreclosure legislation deemed unconstitutional

Finance Minister Haris Georgiades said on Tuesday that "a legislative framework must be effective, it must not change frequently, in order to create a trustworthy framework that will enable us to manage this last remaining problem of non-performing loans.'' ...

16. Boris Johnson set to become next UK PM

Boris Johnson is expected to be elected leader of Britain’s governing Conservative Party and the country’s next prime minister on Tuesday, tasked with following through on his “do or die” pledge to deliver Brexit in just over three months time. ...

17. AHDR hosts conference on peace education

The Association for Historical Dialogue and Research (AHDR) hosts this week in Cyprus the 43rd Conference of the International Institute on Peace Education (IIPE) entitled "Educating for a Culture of Peace in Divided Societies, History, Dialogue and Multiperspectivity Toward Reconciliation". The official kick off of the conference took place on Monday morning at the Home for Cooperation at the UN buffer zone in Nicosia. ...

18. Still surrounded 45 years later

We are living through a series Waterloo battles with the government pretending not to know about it and delusional politics obviously taking its toll...

19. Bloomberg: Turkey has abandoned the West

In an opinion piece Bloomberg's editorial board writes that Turkey is an increasingly erratic ally that is no longer worth the risks. ...

20. Firms including MOL, Osaka, Gaslog, chosen in Cyprus FSRU LNG tender

Three joint ventures have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit (FSRU) to import liquefied natural gas (LNG)...

21. The benefits of studying with a learning provider

Studying to become an ACCA member is flexible, and it opens up a world of opportunities. With over 500,000 students studying in a variety of ways, we know that flexibility is key to a successful ACCA journey. ...

22. Cyprus parliament suspends foreclosures

The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...

23. Mitsotakis, expectations and the need for unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

24. Deutsche Bank axes 18,000 jobs

25. ENT doctors slapped with new charges

A second case of corruption involving ENT doctors is taking place, following new evidence that came forth during a recent trial...

26. EY Cyprus announces four new Partners

EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...

27. Amendments to Menendez Rubio bill 'unfortunate'

President Nicos Anastasiades described on Thursday the amendments made to the bipartisan legislation of Robert Menendez and Senator Rubio on an updated United States strategy in the Eastern Mediterranean as ''unfortunate'' ...

28. US bill calls for end to Russian military vessels refueling in Cyprus

The Eastern Mediterranean Security and Energy Partnership Act of 2019 would allow the U.S. to fully support the trilateral partnership of Israel, Greece, and Cyprus through energy and defense cooperation initiatives...

29. Banks in Britain revive preparations for no-deal Brexit

Banks in Britain are showing signs of restarting preparations for a no-deal Brexit after a lull in the shift of financial services jobs and capital from Britain to the European Union in the past few months, consultants EY said on Wednesday...

30. Warnings over new foreclosure legislation

A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...