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1411. Investigating Russian remittances to Mount Athos

The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....

1412. EC calls for state-funded compensation for victims of trafficking

The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....

1413. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

1414. Foreign Ministry condemns the annexation of territories by Russia

In a statement, the Foreign Ministry condemns Russia's annexation of Ukrainian territories by Russia, calling it illegal, invalid and contrary to the fundamental principles of international law. At the same time, it compares the event to Turkey's escalating threats of the annexation of the occupied territories....

1415. Urgent bill on back burner as Lone Star sleeps on it

The Cypriot parliament was in no hurry on Thursday to vote on an emergency bill that would have allowed the government to block a potential takeover of the island’s largest bank, after an American private equity fund said it would sleep on it at least until next year. ...

1416. UN's Stewart: The option of a mutually agreed solution is fading

"I am extremely concerned that the option of a mutually agreed settlement of the Cyprus problem, i.e. a formula for the reunification of the island acceptable to both sides, is fading and will not be available for much longer", UN Secretary General's Special Representative for Cyprus Colin Stewart says....

1417. Cypriot businesses face serious issues, but still expect to turn a profit

What are the main problems for Cypriot businesses (table) ...

1418. Crucial countdown as Cyprus moves to block Lone Star

Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...

1419. Iran: Protests continue for 10th night, at least 41 dead

Iranians have taken to the streets for a 10th consecutive night to protest against the death of Mahsa Amini in defiance of a warning from the judiciary....

1420. Cyprus Voice for Animals to hold protest at Presidential Palace on Oct 1st

Cyprus Voice for Animals will be holding a demonstration in front of the presidential palace on Saturday, October 1st. The animal welfare organization is calling on the government to train and empower the Animal Police in Cyprus so that they can strictly enforce animal welfare laws that are already in place....

1421. Third annual Comulis conference highlighted correlative imaging methods

Following the successful COMULIS Conferences in Austria and Sweden, The Cyprus Institute (CyI) hosted the 3rd Annual Conference of the COMULIS COST Action (Correlated Multimodal Imaging in Life Sciences; https://www.comulis.eu),...

1422. Officials fear retaliation after school incident

School officials in a racially diverse community in Paphos say they fear retaliation from student groups, following an incident that made headlines after a teenager’s parents told police their son was assaulted during recess...

1423. Kyriakides: Increased cancer screening in the EU imperative

A proposal for a new cancer screening system, which seeks to improve the early detection of cancer, was presented today by Health Commissioner Stella Kyriakides on behalf of the Commission....

1424. Profits of €55.4 million in first half of 2022 for Hellenic Bank

Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....

1425. Employing Turkish Cypriots in ROC can play a key role in reunification

In a letter to Nicosia, the European Commission is calling for the upgrading of skills and the promotion of Turkish Cypriots in specific sectors of employment in the Republic of Cyprus, hoping that such a development will create a win-win situation....

1426. EC to force energy companies to share their profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

1427. Woman forcibly takes savings from Beirut bank using toy gun (video)

A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....

1428. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

1429. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

1430. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

1431. Cyprus continues special education debate

1432. €19m funding for photovoltaics in National Guard camps

Cyprus Ministry of Defence has secured, through EU structural funds and in particular the Thalia Programme, €19 million to fund the installation of photovoltaic systems in National Guard camps, ...

1433. September Newsletter of K. Treppides & Co Ltd : European Banking Authority

A new issue is out from the newsletter by Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1434. Updates from the presidential campaign trail

The Cyprus problem, women's issues and policemen's salaries, as well as agricultural policy and the illegal supply of fuel from the Turkish-occupied areas, were some of the issues which were put forward by presidential candidates on the election campaign trail on Wednesday....

1435. New European Newsroom comprised of 18 news agencies

A total of 18 news agencies from all over Europe are participating in the European Newsroom initiative, which was formally launched on Tuesday in Brussels....

1436. US-based Lone Star to revise offer for Bank Of Cyprus

US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...

1437. Public schools to be digitally upgraded by 2025

The Cypriot Ministry of Education, Sports and Youth on Tuesday signed a €20 million contract for the provision of digital support services, paving the way for the transition towards digital public schools....

1438. Europe Direct Centre to provide information on grant and funding opportunities

The only bi-communal Europe Direct Centre in Cyprus starts its operation in the Ledra Palace Area on the 8th of September....

1439. Cyprus donates 175 thousand euros to Missing Persons Committee

Presidential Commissioner Photis Photiou handed over on Monday to the head of the UN Development Programme (UNDP) office in Cyprus, Jakhongir Khaydaro, the amount of 175 thousand euros to the Committee on Missing Persons in Cyprus as a donation from the Republic of Cyprus to the Committee....

1440. Melbourne woman accidentally receives $10 million instead of $100 from Crypto.com

Cryptocurrency exchange Crypto.com mistakenly deposited $10.5 million directly into a woman’s bank account when the platform only intended to give her a $100 refund....