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61. Cabinet moves forward with plan to support Cyprus entrepreneurs

Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....

62. US firmly rejects two-state solution for Cyprus settlement

63. UN envoy Cuellar initiates diplomatic odyssey in Cyprus talks

Maria-Angela Olguin Cuellar has been in Athens since Monday morning, following her departure from Cyprus, where she engaged with key figures including the former President, Nikos Anastasiades......

64. Cyprus secures 25% stake in epic electric cable project

In the midst of a countdown, the government finds itself deeply engaged in one of the Eastern Mediterranean's most monumental energy endeavors....

65. Interest rates extended, borrowers face dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

66. Hungary's economy targeted in EU retaliation plan

In a tense diplomatic standoff, officials in Brussels have allegedly devised a clandestine strategy aimed at Hungary's economy should Prime Minister Viktor Orbán persist in blocking a €50 billion support package for Ukraine....

67. Tatar blasts Greek Cypriot 'obstruction' in energy talks

Turkish Cypriot leader Ersin Tatar emphasized the importance of energy collaboration with Europe through Turkey during a summit on energy in the Eastern Mediterranean, held at the Turkish Cypriot Chamber of Commerce....

68. Hellenic Bank eyes CNP Cyprus takeover

Hellenic Bank has confirmed discussions regarding the potential acquisition of CNP Cyprus, validating a report by ''K''. ...

69. Sorry, Putin, Alaska's not up for grabs!

The U.S. State Department has dismissed speculations about the return of Alaska to Russia, responding to reports of President Vladimir Putin ordering an investigation into Russian ''real estate'' abroad....

70. No more 'golden passports' amidst money laundering concerns

In a candid exchange, Cyprus's President, Nikos Christodoulides, responded to concerns raised by Ukrainian MP Oleksiy Goncharenko regarding the alleged use of Cyprus by Russian oligarchs for money laundering....

71. Legal chaos unleashed as e-justice project collapses

Four years ago, when physical presence dominated business, the collapse of e-justice dealt a severe blow to the judicial system....

72. Church and far-right parties react to Greece's marriage equality proposal

Marriage equality legislation has managed to rattle the entire spectrum of the political system in Greece’s conservative society, from the right to the left....

73. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

74. Japanese shipping giants halt Red Sea routes amid rising security concerns

In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....

75. E-justice system faces major hurdles

The newly implemented e-justice system encountered severe operational challenges starting Monday, prompting the President of the Cyprus Bar Association, Michael Vorkas, to express serious concerns. ...

76. Greek cargo ship survives Red Sea ambush unscathed

In a concerning incident in the Red Sea, a cargo ship named Zografia, flying the Maltese flag and owned by Greece, faced an attack. Initial reports indicate that the vessel sustained minor damage during the assault....

77. ''It is, therefore, right that I resign''

I wrote in my previous article ("How the prestige of the institutions is undermined", Kathimerini, 7/1/24) that, based on the conclusion of the auditors of the Independent Anti-Corruption Authority and announcements of the Audit Service,...

78. Europe faces weak growth amid global uncertainty

In a comprehensive survey released today, leading economists express apprehension about the global economy, anticipating a year of sluggish growth, primarily attributed to geopolitical conflicts, challenging financing conditions, and the impact of artificial intelligence. ...

79. Husky dog saves block from gas explosion

In a plot that could have graced front-page headlines nationwide, a serene Philadelphia neighborhood narrowly escaped catastrophe just days before Christmas, thanks to the remarkable instincts of a four-legged hero named Kobe....

80. Companies spared fines for real beneficiaries registry

In light of recent reports, the Department of Companies and Intellectual Property (DCIP) in Cyprus provides updates on the implementation of Law 188(I)/2007 addressing the Prevention and Combating of Money Laundering....

81. Trimiklini scandal unveiled: 15-year licensing nightmare shakes state agencies

The Control Committee of the Parliament heard an outcry from the state services, who took almost 15 years to act on a series of illegal activities......

82. Greek tanker hijacked in Persian Gulf, heads towards Iranian port

In a concerning development, shipping sources and the British Maritime Safety and Security Office (UKMTO) report the hijacking of a ship of Greek interests in the Persian Gulf, ...

83.  President Christodoulidis announces Cabinet reshuffle

President Nikos Christodoulidis has announced a series of government appointments, effective Wednesday, January 10, 2023. The changes, made under constitutional authority, include:...

84. Nations unite to stop Houthi attacks on vessels

In a joint statement, the United States and 12 allied nations delivered a final warning to Houthi rebels, urging them to halt attacks on Red Sea vessels or face potential military intervention....

85. New details emerge in Menendez's Qatari bribery allegations

In a complex legal saga, U.S. Senator Bob Menendez finds himself ensnared in deeper troubles as fresh allegations unfold....

86. Maersk containers lost at sea, Danish cleanup efforts

Cleanup efforts are underway along the Danish North Sea coastline as a Maersk container ship lost numerous containers during Storm Pia, just days before Christmas....

87. Deputy PM and MP deny explosive bribery claims

In a shocking turn of events, a bribery scandal has erupted in the Turkish Cypriot government, implicating the deputy prime minister and a board member of the development bank....

88. Turkish official denies corruption allegations

In response to allegations of involvement in a corruption scandal, Fouat Oktay, Chairman of the Foreign Relations Committee of the Turkish National Assembly, vehemently denied any wrongdoing. ...

89. Cypriot brokerage firm probed for money laundering

French and American authorities have launched an investigation into a Cypriot brokerage firm, TCR International Limited, in conjunction with a branch of BNP Paribas, following suspicions of ''aggravated money laundering.''...

90. As 2023 ends, banks and unions lock horns on pay structures

The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....