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12° Nicosia,
30 September, 2020
 

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Displaying results 1-30 of 517 matches for query financial.

1. Bad blood continues over golden passports

https://knews.kathimerini.com.cy/en/news/bad-blood-continues-over-golden-passport-probe

A prolonged and bitter dispute between the interior minister and auditor general, over probing Cyprus’ golden passports scheme, was renewed this week following a mini report with details on a number of applications through citizenship by investment...

2. The four scenarios after the 'veto'

https://knews.kathimerini.com.cy/en/comment/opinion/the-four-scenarios-after-the-veto

The decision on EU sanctions has been postponed for the meeting of the 27 leaders of member states, likely to take place on October 1 and 2 due to a case of coronavirus. At that meeting, it will become clear whether the case of Belarus will be linked with whether sanctions will be imposed on Turkey for its provocations in the Cyprus EEZ or not. Foreign Minister Nikos Christodoulides made it clear to the Council of Foreign Ministers that what was agreed in Berlin should be respected, in essence using his veto. Whether Nicosia will maintain this position until the end will be seen at the summit of the 27....

3. FinCEN Files: Cyprus banks embroiled in dirty money leak

https://knews.kathimerini.com.cy/en/news/fincen-files-cyprus-banks-embroiled-in-dirty-money-leak

Leaked documents from the Financial Crimes Enforcement Network, dubbed the FinCEN files, have revealed that several of the world’s major banks allowed over 200,000 suspicious financial transactions valued at around $2 trillion to be moved over a period of almost two decades, with 897 of those transactions made by Cypriot banks....

4. Nearly 100 asylum seekers flown out of Cyprus

https://knews.kathimerini.com.cy/en/news/nearly-100-asylum-seekers-flown-out-of-cyprus

Fourteen unaccompanied minors have been transferred from the Republic of Cyprus to Finland, while another 84 foreign nationals were flown back to their countries in what the government described as ‘voluntary returns'...

5. France stands behind Cyprus, defends sanctions against Turkey

https://knews.kathimerini.com.cy/en/news/france-stands-behind-cyprus-defends-sanctions-against-turkey

The EU must be ready to activate all its tools, including sanctions, against Turkey, French State Secretary for European Affairs Clément Beaune said Friday during a visit to Cyprus....

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

https://knews.kathimerini.com.cy/en/news/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....

7. Politics turn ugly over Cyprus Papers

https://knews.kathimerini.com.cy/en/news/politics-turn-ugly-over-cyprus-papers

The main left party opposition in the Republic of Cyprus is firing back at the government, after reports emerged over threats and a confidential letter about Cypriot golden passports a decade earlier...

8. US urges everyone to stand down in East Med

https://knews.kathimerini.com.cy/en/news/us-urges-everyone-to-stand-down-in-east-med

The United States is urging “everyone to stand down” in ongoing disputes about drilling and maritime rights in the East Mediterranean, Secretary of State Mike Pompeo said on Wednesday...

9. Cyprus sees glimmer of hope with Chevron

https://knews.kathimerini.com.cy/en/news/cyprus-sees-glimmer-of-hope-with-chevron

The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...

10. Tourism sector in Ayia Napa, Protaras records €15m loss in 2020

https://knews.kathimerini.com.cy/en/news/tourism-sector-in-ayia-napa-protaras-records-€15m-loss-in-2020

The tourism sector of the eastern coastal destinations of Ayia Napa and Protaras suffered losses estimated at €15 million during the current tourist season as a result of the stem in tourist arrivals against the backdrop of the ongoing coronavirus pandemic....

11. Shop owners block road work in Limassol

https://knews.kathimerini.com.cy/en/news/shop-owners-block-road-work-in-limassol

Shop owners in Limassol, who oppose the construction of a median strip on a popular avenue, blocked road workers on Friday morning, with reports saying police officers were trying to hold back angry protesters...

12. Al Jazeera journalist denies political motives

https://knews.kathimerini.com.cy/en/news/al-jazeera-journalist-denies-political-motives

Cypriot Interior Minister Nikos Nouris is expected on Wednesday to provide answers to Al Jazeera’s “golden passports” story, while the network has rejected accusations of political motives behind the story...

13. Apollo CEO investigated over Epstein ties

https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties

The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...

14. Nigerian students urged to avoid north

https://knews.kathimerini.com.cy/en/news/nigerian-students-urged-to-avoid-north

Nigeria is warning its citizens not to send their children to study in the northern part of Cyprus, citing lack of “conclusive investigations” in a number of student killings who were enrolled in Turkish Cypriot universities...

15. Buyer’s market and herd immunity

https://knews.kathimerini.com.cy/en/comment/opinion/buyer-s-market-and-herd-immunity

The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...

16. Beirut calls off search and rescue

https://knews.kathimerini.com.cy/en/news/beirut-calls-off-search-and-rescue

The Cypriot rescue mission in Beirut was on its way back to the island after Lebanon shifted its search and rescue focus to recovery, while world leaders including Anastasiades pledged aid amid violent protests over the weekend. ...

17. Orphan cases still a problem in Cyprus

https://knews.kathimerini.com.cy/en/news/orphan-cases-still-a-problem-in-cyprus

At least 30 infected people in Cyprus have been traced back to a single individual, who traveled across the island and spread the bug last month, but experts say 21 “orphan cases” are more alarming because their contacts cannot be traced at all...

18. A second lockdown would be a grim financial equation

https://knews.kathimerini.com.cy/en/comment/opinion/a-second-lockdown-would-be-a-grim-financial-equation

With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....

19. Cyprus police question Russian businessman linked with Beirut deadly cargo

https://knews.kathimerini.com.cy/en/news/cyprus-police-question-russian-businessman-linked-with-beirut-deadly-cargo

Cyprus police said Thursday that they located and brought in for questioning the Limassol-based Russian who has been identified as the former owner of the company that managed the vessel from which the 2,700 tonnes of ammonium nitrate that caused Beirut’s deadly blast late on Tuesday were unloaded....

20. Male Cypriots urged to negotiate postponement of higher fees with UK universities

https://knews.kathimerini.com.cy/en/news/male-cypriots-urged-to-negotiate-postponement-of-higher-fees-with-uk-universities

Male Cyprus high school graduates considering going on to a UK university but who must first complete a 14-month military service, by which time the UK is set to enforce its decision to scrap home fee status for EU students, are urged to directly contact their university of interest to negotiate a postponement of the fee increase, allowing them to enrol next under current fee status....

21. Greek-Turkish exploratory contacts with a deadline

https://knews.kathimerini.com.cy/en/news/greek-turkish-exploratory-contacts-with-a-deadline

In the wake of last month’s dangerous escalation of tension between Greece and Turkey, the two countries have laid the groundwork for exploratory contacts on the terms and conditions of a possible resumption of a dialogue, with Berlin having played a pivotal role in the rapprochement. ...

22. Cyprus waves UK on after results are in

https://knews.kathimerini.com.cy/en/news/uk-waved-on-after-results-are-in

The path to category B for the United Kingdom has been confirmed by Cypriot health officials, with British tourists arriving on the island from Saturday required to show negative test...

23. Cyprus to draw over €2.7b from EU pandemic recovery fund

https://knews.kathimerini.com.cy/en/news/cyprus-to-draw-over-€2-7b-from-eu-pandemic-recovery-fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

24. Two extradited from Cyprus to face US justice

https://knews.kathimerini.com.cy/en/news/two-extradited-from-cyprus-to-face-us-justice

The Republic of Cyprus has extradited two alleged cyber criminals to the United States, including a young man who is the first Cypriot national to be extradited under an extradition treaty with the US...

25. Tourism prospects completely lost, Famagusta hoteliers say

https://knews.kathimerini.com.cy/en/news/tourism-prospects-completely-lost-famagusta-hoteliers-say

All tourism prospects for this year are definitively lost, the Famagusta branch of the Cyprus Hotel Association claimed after a meeting between its board of directors and the president of ruling party Disy Averof Neophytou....

26. EU summit breaks up after all-night talks, to resume later

https://knews.kathimerini.com.cy/en/news/eu-summit-breaks-up-after-all-night-talks-to-resume-later

A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....

27. Akrotiri British Bases police donate 60 care packages

https://knews.kathimerini.com.cy/en/news/akrotiri-british-bases-police-donate-60-care-packages

Akrotiri British Bases police donated 60 boxes containing food supplies and essential items to 100 families financially affected by the coronavirus pandemic living in the surrounding communities....

28. 74% of Cypriots want higher EU budget to tackle pandemic

https://knews.kathimerini.com.cy/en/news/74-of-cypriots-want-higher-eu-budget-to-tackle-pandemic

Three in four Cypriots believe the EU needs additional economic means in order to deal with the repercussions of the coronavirus pandemic, a study conducted by the European Parliament during the second half of June showed....

29. Harsh words for Turkey from archbishop

https://knews.kathimerini.com.cy/en/news/harsh-words-for-turkey-from-archbishop

Archbishop of Cyprus Chrysostomos has slammed Turkey over the country’s decision to allow Hagia Sophia to revert from museum back to mosque status, accusing Turks of having no respect for the civilized world...

30. Man gets 13 years in Nicosia fatal stabbing

https://knews.kathimerini.com.cy/en/news/man-gets-13-years-in-nicosia-fatal-stabbing

A young man has been sentenced to 13 years in prison for the death of a Pakistani national, who was killed in a stabbing incident downtown Nicosia back in February...

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