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1861. Judge in Cypriot passport probe resigns

Retired Supreme Court Judge Costas Pampallis has resigned from his position as a member of an indepednent investigative committee, a team that was tasked to sift through Cyprus’ golden passport scheme in the wake of corruption scandals and systemic failures...

1862. MOKAS refutes lawyer claim in passport scandal

The Republic of Cyprus’ Unit for Combating Money Laundering (MOKAS) has weighed in on the passport scandal following Al Jazeera’s earth-shuttering investigative report on corruption in the island’s Citizenship by Investment programme...

1863. Commission slams Cyprus over passports, mulls infringement procedures

The European Commission expressed “disbelief” over new revelations concerning Cyprus’ investment for citizenship scheme, saying that the body is looking into infringement procedures for Nicosia. ...

1864. Far-right EU lawmaker in Greek court for criminal trial

A member of the European Parliament has appeared in court in Greece after being convicted last week of being a member of a criminal organization along with members of the extreme-right Golden Dawn party. ...

1865. EY TaxLegi: tax and legal insights and perspectives provided by EY Cyprus

EY Cyprus is pleased to announce the launch of TaxLegi, a specialised monthly newsletter (blog) that provides insights and EY perspectives mainly on Tax and Legal aspects, utilising both current news and blog articles produced by our Tax and Legal team...

1866. MBA scholarships at CIIM for Oil & Gas Management

1867. Greek court rules Golden Dawn party criminal organization

A Greek court ruled on Wednesday that the far-right Golden Dawn party was operating as a criminal organization, delivering a landmark guilty verdict in a marathon five-year trial....

1868. Jacqueline Kassteen at Digital Agenda Cyprus Summit 2020

Jacqueline Kassteen has 20 years of marketing experience in international education, student travel, publishing, lead generation, retail, and financial services....

1869. Green transition in transport, agriculture an uphill task

Achieving sustainable transport demands policies on a governmental and local level which will give priority to users, providing more accessible, fair and clean alternative solutions, chairman of the parliamentary committee on transport, Charalambos Pittokopitis, has said, noting that the transition could not be achieved overnight....

1870. Asif Sadiq at Digital Agenda Cyprus Summit 2020

Asif is Global Head of Diversity & Inclusion at adidas, prior to which he was the Head of Diversity, Inclusion & Belonging for The Telegraph Media Group. He was previously the Head of Diversity and Inclusiveness for EY Financial Services and the Head of the Equality, Diversity and Human Rights Unit for the City of London Police. He is a Multi-Award Winning Diversity and Inclusion expert with over 15 years experience and a proven track record in achieving operational and strategic targets, managing quality, performance, risk and change....

1871. Deputy tourism ministry to subsidise beach revamp projects

The Cyprus deputy tourism ministry announced on Monday a subsidy scheme to encourage projects that will upgrade Cyprus beaches, in the framework of the implementation of the 2030 national strategy for tourism and efforts to upgrade the island’s tourism product....

1872. Microsoft plans $1 billion data center venture in Greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

1873. Bad blood continues over golden passports

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...

1874. 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....

1875. 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....

1876. 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'...

1877. 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....

1878. 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....

1879. 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...

1880. 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...

1881. 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...

1882. 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....

1883. 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...

1884. 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...

1885. 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...

1886. 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...

1887. 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...

1888. 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. ...

1889. 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...

1890. 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....