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2941. Nicosia ups efforts ahead of UNFICYP vote

Nicosia is intensifying efforts over the final makeup of an UNFICYP draft resolution in New York, as the mandate of the UN Peacekeeping Force in Cyprus is expected to be renewed ahead of its expiry at the end of the month...

2942. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

2943. Fuel targets rehash gas price debate

Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...

2944. DP World Limassol agrees to revise policy

Transport Minister Yiannis Karousos has been promised a change of policy at DP World Limassol, with the company saying it would service more than two cruise ships in a given day following complaints...

2945. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

2946. Woman and dog escape house fire

A young woman and her dog had to evacuate their residence in Paphos after a fire broke out in the living room just after midnight...

2947. Relentless rain takes toll on roads

Police are warning motorists to be extra cautious due to snow accumulation and sleet on mountain roads around Troodos, while rockslides and rain water accumulation have been reported elsewhere...

2948. Severe weather alert issued for Cyprus

A yellow warning has been issued for Cyprus as rain and stormy weather late night Sunday are expected to intensify after midnight...

2949. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

2950. House passes 2020 budget

The House of Representatives voted the state budget for 2020 on Wednesday evening with 29 votes in favour and 23 against...

2951. CITR Cyprus calls for modern insolvency rules

2952. Greece-Turkey dialogue kept alive

Greek Prime Minister Kyriakos Mitsotakis said on Wednesday he discussed with Turkish President Recep Tayyip Erdogan “all the issues" that have recently increased tensions between the two countries during a meeting on the sidelines of NATO’s 70th birthday gathering in London...

2953. Uncertainty reigns across international tax landscape

2954. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

2955. Mixed bag of weather on the way

A weak high pressure system over Cyprus on Monday will be short-lived as the barometer is falling with chances of rain increasing for Tuesday and over the next few days...

2956. PwC presented its new publication for the real estate and land development sector

PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...

2957. Minister determined to fight ‘green line abuse'

The Cypriot government is cautiously moving forward with plans to reduce illegal migration to Cyprus through the north, including checkpoint stations and surveillance of remote areas along the Green Line...

2958. Six countries attend “Nemesis 2019” multinational exercise in Cyprus’ EEZ

Six countries participated on Wednesday in “Nemesis 2019”, a multinational Search & Rescue exercise, which was held in the exclusive economic zone (EEZ) of the Republic of Cyprus, under the general coordination of the Joint Rescue Coordination Center....

2959. Arrivals of travelers increase by 1.6%. in September

The arrivals of travelers in September 2019 reached 679,628, compared to 668,604 in September 2018, recording an increase of 1.6%. According to the Statistical Service of the Republic of Cyprus, the increase is mainly attributed to the arrivals of tourists (0.9%) as well as the return of residents of Cyprus (2.1%)....

2960. Government employees rose by 1.1% in October due to temporary employment

Government employees in October 2019 rose by 1.1% year on year amounting to 52,476 persons, pushed upward due to temporary employment, according to data released on Friday by the Cyprus Statistical Service (Cystat)....

2961. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

2962. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

2963. Revenue from ship management dips

Ship management revenues decreased in the first half of 2019 by €5 million, according to the results of the Ship Management Survey for the first half of 2019, concerning the transactions of resident ship management companies published Wednesday by the Central Bank of Cyprus...

2964. Cypriot NGO celebrates EU day for fighting Human Trafficking

The 18th of October is the EU day for fighting Human Trafficking. The NGO Cyprus Stop Trafficking (CyST) organised an event in Nicosia on the day, in order to increase awareness of this big problem occurring in Cyprus...

2965. Coast guard seizes catch of the day

Another boat has been caught fishing without a licence off the coast of Cyprus, as local coast guard officers increase efforts to target illegal activities beyond territorial waters...

2966. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

2967. Tell-all interview with Christopher Pincher

Brexit would not change the relationship between the United Kingdom and Cyprus, according to British Minister Christopher Pincher, who gave a tell-all interview to Kathimerini Cyprus...

2968. Cypriot president: Turkish offensive ‘unjustified’

President Nicos Anastasiades has described the Turkish military offensive in Syria as “unlawful and arbitrary"...

2969. Driver in animal abuse viral video charged

A male driver who was caught on video driving with a dog tied to the car has been charged with animal abuse, while police call on members of the public to report such cases without delay...

2970. Sharp increase in migrant arrivals in past 5 months, says minister

Greece's migration minister said Wednesday there was a 200 percent jump in the number of migrants and refugees who have reached Greek shores in the last five months....