Search

2311. Greece enters three-week lockdown to stem jump in infections

The Greek Prime Minister Kyriakos Mitsotakis announced on Thursday a three-week nationwide lockdown in an effort to stop an “aggressive” jump in infections, a rise in intubations and intensive care admissions....

2312. Bar set low as Brussels, UN in low spirits for CyProb involvement

Foreign players ranging from Brussels and Berlin to New York have lowered their expectations and show a reduced eagerness to actively get involved in efforts to reach a solution to the Cyprus Problem....

2313. Commission warns Cyprus over lacking anti-money laundering legislation

The European Commission on Friday sent a reasoned opinion to Cyprus for failing to transpose the 5th Anti-Money Laundering Directive (AMLD5) into national law....

2314. Woman loses 20 grand in bitcoin scam

A woman in Limassol says she lost over €20,000 after an unknown person convinced her to invest real money in cryptocurrency...

2315. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

2316.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

2317. Constitutional crisis unfolds over passports

An unprecedented constitutional crisis has been unfolding in the Republic of Cyprus, with the attorney general publicly scolding an inquisitive auditor general and asking him to back off from seeking access to files in connection with golden passports linked to a casino project...

2318. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

2319. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

2320. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

2321. President defends block on audit office

President Nicos Anastasiades invoked the Constitution during a televised interview, saying the job description of the auditor general, who is currently seeking information on foreign nationals linked to a casino project, does not authorize him to 'have a say in everything'...

2322. Golden passports pushed forward in Commission agenda

After the Al Jazeera revelations, the Cyprus Investment Program is being pushed into the European Commission’s discussion agenda....

2323. Antonis Polemitis at Digital Agenda Cyprus Summit 2020

Mr. Polemitis has two decades of experience in higher education, private equity, and software development. He has a deep understanding of global higher education, having served as a CEO, investor, board member, instructor and technology developer in the field. He has been a principal or advisor for a broad range of corporate financings in the United States, Europe, Latin America and India, ranging from multi-billion dollar industrial buyouts to early stage venture capital. He has also led the development of high-scale cloud-based technology platforms in multiple industries....

2324. 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...

2325. 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...

2326. 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. ...

2327. 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. ...

2328. 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...

2329. MBA scholarships at CIIM for Oil & Gas Management

2330. 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....

2331. 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....

2332. 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....

2333. 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....

2334. 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....

2335. 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....

2336. 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...

2337. 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....

2338. 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....

2339. 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'...

2340. 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....