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181. Roaring for a cause as the 'Distinguished Gentleman's Ride' takes the streets by storm

Cypriot motorcyclists took to the main streets of Limassol, showcasing their bikes and raising awareness for prostate cancer during the successful "The Distinguished Gentleman's Ride Limassol" event....

182. Conservatives in Greece win big

Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...

183. EU grants 24M euros to upgrade Greece's Alexandroupolis Port

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday....

184. UK and US specialists to provide consultancy on sanctions

A group of British experts from various departments of the UK state services will visit Cyprus, with a view to providing consultancy services for establishing a National Unit for Sanctions Control,...

185. Doctor arrested for unauthorized medical procedures

A 62-year-old doctor was apprehended upon his arrival at Larnaca Airport under a court warrant for conducting medical procedures outside the GESY system. ...

186. Vanished whistleblower in Cyprus gets attention

The unknown whereabouts in Cyprus of an American-Israeli whistleblower wanted by US authorities has raised questions in Washington, where Oversight Committee Chairman James Comer says Biden whistleblowers want to come forward but they fear for their lives...

187. Nicosia scrambles to ease sanctions burden

The Registrar of Companies will accept requests from service providers to replace sanctioned persons with other persons, according to reliable sources...

188. Cypriots want less bureaucracy, better civil servants

Cypriots appear largely dissatisfied by the functioning of the country’s public administration, and believe that the way forward goes through the reduction of bureaucracy, better skills for civil servants and more communication with citizens, according to the findings of a flash Eurobarometer survey on how EU citizens perceive the support provided to member states through the European Commission’s Technical Support Instrument...

189. US congressman arrested for fraud and money laundering

US Republican congressman George Santos has been arrested in New York on federal charges of fraud, money laundering and theft of public funds....

190. New sanctions list expected by the end of May

The episode with the sanctions imposed by the United States and Britain on natural and legal persons that include Cypriot names is expected to continue....

191. King Charles: the properties he is forbidden to sell

King Charles inherited $500 million in assets after the death of Queen Elizabeth, but that's only part of his fortune....

192. Dr Charis Savvides joins Grant Thornton Cyprus

Grant Thornton Cyprus is pleased to announce that Dr Charis Savvides joined the Firm as the Funds and Regulatory Compliance Services Leader. This appointment is part of the Firm’s strategic plans to enhance its advisory offering and at the same time, to meet growing client demands....

193. Cyprus' 2022 household assets reach €59.7B, debt at €20B

In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....

194. MEP Eva Kaili also being investigated for fraud

In the wake of allegations that she was involved in the so-called Qatargate kickback scandal, Greek MEP Eva Kaili is also being investigated for misappropriating European Parliament funds, Politico has reported...

195. April Newsletter of K. Treppides & Co Ltd: CySEC

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

196. Cyprus faces economic losses due to rejected renewable energy production

The issue of storing electricity from renewable energy sources has become a problem due to extensive production rejections of both large and small photovoltaic parks by the Transmission and Distribution Operators on Easter Sunday and Monday in Cyprus....

197. Politics blog: Moscow on the Mediterranean

While some talk behind our backs, The Guardian is unabashedly labeling our country, especially our banking system, as the "Moscow of the Mediterranean". ...

198. Assets of US and UK sanctioned entities in Cyprus will be frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

199. Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

200. Greek banks freeze mortgage installments for 12 Months

Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....

201. Cyprus winemakers to receive €22 million in EU support

Cyprus through the National Plan for the wine sector will provide viticulturists and winemakers with more than €22 million of support from EU funds by October 2023, Minister of Agriculture, Rural Development and the Environment Petros Xenofontos said on Sunday. ...

202. EAC employee arrested for defrauding citizens

A 43-year-old resident of Paphos has been ordered by the Paphos District Court to be detained for seven days on allegations of misappropriating over €30,000 from a semi-governmental organization, AEK, intended for the installation of photovoltaic panels....

203. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

204. Completion of Project Starlight

205. Ministry of Labor building may not be structurally sound

The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...

206. EU states need foreign workers and are changing their requirements

Working in EU: Recent Changes You Must Be Aware of If You Are Planning to Get a Job in Any of the Member States...

207. 1 billion euros from the EU for Turkey's reconstruction

Ursula von der Leyen, President of the European Commission, and Ulf Kristerson, Prime Minister of Sweden, who holds the EU Council presidency, are hosting a donors' conference in Brussels today to raise funds and coordinate aid to those affected by the earthquakes in Turkey and Syria....

208. Pseudo-state increases vehicle insurance rates

The pseudo-state in the occupied territories has decided to raise vehicle insurance fees for Greek Cypriots and foreign visitors passing through the free areas....

209. 1,300 loan applications submitted for Oikia scheme

Applications for 1,318 potentially eligible loans involving a total amount of €131.1 million were submitted under the Oikia scheme, which is a loan management plan with government funds granted under Government Housing Plans....

210. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....