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961. Anastasiades: Patriotic realism dictates solution through diplomacy, not weapons

Instead of a catastrophic scenario, we opt for diplomacy, the weapons of international law and Cyprus’ status as an EU member state. This is what is dictated by patriotic realism and rationalism, and not a rhetoric of empty slogans. The coming days are crucial as regards initiatives taken by the EU and the US in view of preventing a potential crisis through targeted measures towards Turkey....

962. Cyprus pushes back date for British tourists

A new date for opening flights to incoming passengers from Britain has been tentatively set for August 1 in the Republic of Cyprus, with health officials warning that the decision is conditional on the United Kingdom keeping a firm grip on containing the virus...

963. Nicosia midtown center in the works

A new modern business centre on the most popular main street in Nicosia is said to be in the pipeline, following reports that the Bank of Cyprus has sold a parking lot in the midtown area...

964. Woman in white collar scheme not talking

Police investigators are fishing out more details in a while collar crime in Limassol, where a woman accused of embezzling over €1 million was said not to be cooperating with police...

965. KPMG launches series of technical webinars

966. Cyprus must remain successful in battle against virus, Health Minister says

Cyprus has been successful so far in controlling COVID-19 but needs to remain so, said Health Minister Constantinos Ioannou, noting that the EU must improve the overall quality of its healthcare services to be better positioned to deal with issues like COVID-19 in the future....

967. Midweek rain to taper off by week's end

A weak low-pressure system could bring showers over the next couple of days in Cyprus, with clear weather firmly back in the picture just in time for the weekend...

968. Current and Future Trends in Civil Fraud

Marina Hadjisoteriou, Partner at Michael Kyprianou & Co LLC and Head of the firm’s Litigation departmentin Limassol, had the privilege to participate in Monckton Chambers’ recent webinar on Pleading and Proving Civil Fraud...

969. Empty middle seat? Depends on which country you are flying in

In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it’s not mandatory for airlines to leave the middle seat open....

970. Coronavirus ICU builders turn down bonus

The contractors who built an Intensive Care Unit in less than a month at Nicosia General Hospital have returned their bonus check, offering the money as a donation to the state to buy ICU equipment...

971. Teachers refuse to livestream their classrooms

Public school teachers in the classroom remain firm on their refusal to live stream lessons online, saying it would be unproductive and dangerous, while reports point to a fear over internet memes...

972. Tensions mount over plans for high-rises on iconic Nicosia street

After tensions mounted in recent days over plans for the construction of a high-rise building complex on the iconic Gladstone Street in central Nicosia which hosts historic and traditional listed buildings, the developers of the planned construction fired back on Monday, claiming the plans are in line with the town planning regulations of the Nicosia Master Plan....

973. Cyprus police pick up pace in spy van probe

The surveillance company executive at the centre of a high profile spy van case in Cyprus is expected to give a police deposition as early as Tuesday, with reports saying the former Israeli intelligence officer insists he never broke the law...

974. EU governments risk clash with EU exec in bid to save tourism season

European Union governments risk a clash with the EU executive arm over their support for travel firms issuing vouchers for cancelled holiday deals without giving customers the option of cash refunds as required by EU law, diplomats said....

975. Attorney general weighs in on casino probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

976. Michael Kyprianou & Co LLC recognised internationally as a Leading Cyprus Law Firm

Michael Kyprianou & Co LLC had the honour of been recommended for all its areas of practice. At the same time it has received top tier recognition in the fields of Dispute Resolution, Employment Law and Real Estate & Construction Law....

977. Chloroquine hype begins to wane

More doubts over chloroquine emerged this week, with new studies pointing to high risks and a US top health official saying he was fired after being pressured to direct money towards the “game changer” drug...

978. Cyprus irked over mystery casino probe

The Republic of Cyprus is asking the European Anti-Fraud Office for more information into a probe of misuse funds, following reports that stolen EU money was pumped into a casino project on the island...

979. 5G bashers in Cyprus set antenna on fire

Conspiracy theories took a front seat on social media over the weekend, with the burning of a cell phone antenna in Limassol taking place after a full-blown debate on whether 5G was linked to the coronavirus pandemic...

980. Bill sparks kosher debate in Cyprus

Animal rights advocates are up in arms over a new government bill that would allow slaughterhouses in the Republic of Cyprus to incorporate kosher rituals, a procedure described by animal rights activists as inhumane...

981. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

982. Cyprus in the mix as world seeks cure

An Israeli military aircraft has delivered five tons of chloroquine to Cyprus this week, amid reports of secret wars over limited access to the drug but also uncertainty over its effectiveness in the fight against the coronavirus pandemic...

983. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

984. Cooperation and Transparency Needed to Fight COVID-19

In today’s age of social media, it has unfortunately become normal to see false information reach a broad audience instantaneously through the Interne...

985. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact

986. EU to launch €37bn coronavirus investment initiative

The European Union will launch a 37 billion euro investment initiative as part of a package of measures to cushion the bloc’s economies from the impact of coronavirus, European Commission President Ursula von der Leyen said on Friday....

987. Mixed reviews on anti-money laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

988. Economic sentiment in Cyprus falls in February due to weaker business confidence in services

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....

989. Bulgaria wants in on EastMed energy cooperation

Bulgarian President Rumen Radev said on Tuesday that his country wishes to cooperate within the framework of the trilateral mechanism among Cyprus, Greece, and Israel in the energy field, adding that Bulgaria is geographically a natural continuation of these three countries....

990. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...