https://knews.kathimerini.com.cy/en/news/russia-will-default-on-its-debts-imminently-fitch-ratings-agency-has-warned
Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....
https://knews.kathimerini.com.cy/en/news/developments-in-the-first-few-hours-of-the-russian-invasion-of-ukraine
Kharkiv - Fierce battles
Fight in the cities, in the squares, where you live said in his sermon the President of Ukraine...
https://knews.kathimerini.com.cy/en/news/cypriot-town-invites-greeks-of-ukraine-to-relocate
A Cypriot mayor has issued an open invitation to Ukrainians of Greek descent to settle in his town under a new master plan, saying better educated and more civilized newcomers would assimilate easier than other refugee groups on the island...
https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/news/state-department
Cyprus has continued to make progress in strengthening banking efforts to combat terrorist financing, according to the State Department's report on terrorism for 2020. ...
https://knews.kathimerini.com.cy/en/news/cyprus-awaits-brussels-on-golden-passports
The President’s Cabinet in the Republic of Cyprus has approved at least 390 golden passport applications despite European warnings after the program was scrapped last year, with Interior Minister Nicos Nouris saying he has already explained the logic to the European Commission but hasn’t heard back yet...
https://knews.kathimerini.com.cy/en/news/cyprus-wants-clean-slate-in-naturalizations
The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...
https://knews.kathimerini.com.cy/en/news/nicosia-reacts-to-new-al-jazeera-video
Nicosia has refuted allegations concerning a Cypriot minister and his trips to London, in reaction to an Al Jazeera secret investigation into how convicted criminals could take on new identities and launder money through ownership of English football clubs by deceiving authorities...
https://knews.kathimerini.com.cy/en/news/al-jazeera-publishes-prequel-to-cyprus-papers
A new documentary by Al Jazeera on football corruption in Britain includes allegations that a Cypriot minister flew to London to arrange paperwork at a consular office for a Russian national who was wanted by Interpol and unable to travel under his real name...
https://knews.kathimerini.com.cy/en/news/nso-denies-knowledge-of-hacked-list-in-cyprus
Israel-based NSO Group is pointing the finger at customers who may misuse its Pegasus surveillance software, following reports that a list hacked in Cyprus contained thousands of mobile phone numbers believed to have been be targeted by the proprietary malware to spy on journalists and activists around the globe...
https://knews.kathimerini.com.cy/en/news/reporter-says-low-wanted-to-buy-a-cypriot-bank
A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...
https://knews.kathimerini.com.cy/en/news/legal-defends-blacked-out-passport-report
The Legal department in the Republic of Cyprus has issued its final report on golden passports, but its decision to include privacy issues as a reason to black out information has come under media scrutiny...
https://knews.kathimerini.com.cy/en/news/cyprus-passport-committee-issues-final-report
Over half of the golden passports approved by the President’s Cabinet in the Republic of Cyprus were illegal, a special committee has found, and it is now up to the attorney general to ascertain whether any ministers may have had fraudulent intent...
https://knews.kathimerini.com.cy/en/news/syllouris-declines-questions-in-passport-probe
A former Cypriot parliamentary speaker secretly filmed in an expose on a now discredited cash-for-passports scheme declined to answer questions on Wednesday into his role in a scandal which rocked the island nation...
https://knews.kathimerini.com.cy/en/news/stars-in-al-jazeera-video-face-committee
https://knews.kathimerini.com.cy/en/news/director-wants-passport-probe-clear-his-name
A civil servant, whose name was dropped by the former House speaker during a secret video recording by Al Jazeera, says he did not get involved with golden passports during his tenure as director of the interior ministry, vowing to take legal action if an investigative committee failed to clear his name...
https://knews.kathimerini.com.cy/en/news/interim-report-on-golden-passports-delivered
An interim report on the golden passport scandal in the Republic of Cyprus says just over half of citizenships granted by the executive branch were not approved lawfully...
https://knews.kathimerini.com.cy/en/news/s7-looking-to-drop-cyprus-airways
The future of Cyprus Airways is once again up in the air following reports that its Russian private shareholder S7 is looking to sell its entire stake in the Larnaca-based Charlie Airlines...
https://knews.kathimerini.com.cy/en/news/gloves-are-off-again-over-golden-passports
Cyprus’ auditor general told a House committee this week that the Cabinet used old rules to approve over two hundred golden passports after the cutoff date for an investigation ordered by the attorney general, who pushed back on the criticism saying there was 'no bottom to the abyss'...
https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry
Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...
https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....
https://knews.kathimerini.com.cy/en/news/mountain-region-to-get-€400m-revamp-by-2030
The government’s plan to revitalise mountain communities by 2030 was presented on Thursday, with the grand project including more than 300 actions budgeted at €400 million....
https://knews.kathimerini.com.cy/en/news/defying-clampdown-cyprus-activists-to-protest-again-over-graft
Anti-corruption campaigners in Cyprus will protest again on Feb. 20, they said on Tuesday, after a violent clampdown by police at an event on Feb. 13 drew widespread condemnation....
https://knews.kathimerini.com.cy/en/news/president-blames-cip-failure-on-recklessness
Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...
https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe
Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....
https://knews.kathimerini.com.cy/en/news/cyprus-president-testifies-on-golden-passports
Cypriot President Nicos Anastasiades is expected to testify on Tuesday before the independent committee probing corruption allegations in the country’s golden passport scheme, just days after he lashed out at critics during a national address on the fight against corruption...
https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....
https://knews.kathimerini.com.cy/en/news/lawyer-says-al-jazeera-took-him-out-of-context
Cypriot attorney Andreas Pittadjis, who was targeted in an Al Jazeera undercover investigation into allegations of corruption over golden passports, took to social media to reiterate his position he did nothing illegal, accusing the foreign network of being dishonest...
https://knews.kathimerini.com.cy/en/news/dueling-small-parties-help-pass-budget
The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...
https://knews.kathimerini.com.cy/en/news/kalogerou-probe-fails-to-impress-opposition
The chair of the ad hoc committee that looked into allegations of wrongdoing last year as Cyprus’ golden passports scandal was unfolding defended the choice to go after high profile cases, following criticism from opposition parties that say the focus was too narrow...