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301. Deloitte Cyprus issues its annual Transparency Report: Fostering resilience, creating enduring value

Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...

302. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

303. ''Does anyone in this country ever take responsibility?''

Shortly after the Supreme Court decided to dismiss Odysseas Michaelides, while society and the political system were already beginning to polarize, the president of the coalition's Democratic Party posted pictures of his family vacation in London....

304. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...

305. Top Quality N-ice Pure Ice Cubes Present the 5th Cyprus Cocktail Festival

The country’s best Cocktail Festival, now an established institution, returns for its 5th edition, offering a memorable evening with exclusive signature cocktails from 20 top bars in Cyprus and abroad. ...

306. Dr. Silas Michaelides recognized as top expert in Artificial Neural Networks

Dr. Silas Michaelides, who leads the ERATOSTHENES Centre of Excellence at the Cyprus University of Technology, has been named one of the world’s top scientists in the field of Artificial Neural Networks, placing in the top 0.5% globally. ...

307. Odysseas Michaelides removed: Court cites breach of public trust

The court’s extensive ruling regarding the dismissal of Odysseas Michaelides from the role of Auditor General introduces new legal precedents concerning the public conduct of institutional figures and those tasked with serving the public interest....

308. Andreas Papaconstantinou to become the new Auditor General

Cyprus President Nikos Christodoulides appointed Andreas Papaconstantinou as the Republic's new Auditor General. ...

309. Cypriot loan servicers struggle as red loans hit €21.2B

While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...

310. Supreme court ruling on Auditor General fuels corruption debate in Cyprus

The decision to dismiss the auditor general—determined by the highest level of Justice in Cyprus—has sparked a significant public, legal, and political debate....

311. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

312. Mass casualties in Lebanon: 32 killed, thousands wounded in device blasts

Fear quickly spread throughout Lebanon. Some rushed to unplug their devices, while others disconnected transformers and solar systems powering their homes....

313. Oxford and Cambridge slip from top university rankings

In a surprising turn of events, the University of Oxford and the University of Cambridge have fallen to their lowest rankings ever in the UK’s prestigious university list....

314. Respect for justice in action, not just words

The Constitutional Court's decision to remove Odysseas Michaelides as Auditor General deserves careful consideration by all involved before making public statements. ...

315. Andreas Petsas named new CEO of Eurobank Cyprus

Eurobank Cyprus’ Board of Directors, decided to appoint Mr Andreas Petsas as a Member of the Board of Directors and as the Bank’s Chief Executive Officer (CEO), in a meeting held on 17 September 2024 in Nicosia....

316. Reasons behind the Auditor General ruling deemed a mockery

Kathimerini's Apostolos Tomaras reports today that the Constitutional Court of Cyprus has ruled unanimously to dismiss Auditor General Odysseus Michaelides following a request by the Attorney General, George Savvidis....

317. Politics Blog: 'The end of the age of Odysseas'

The long-running saga finally came to an end today—a saga that dragged on for months in the courts, but for years in society. For those familiar with the behind-the-scenes drama and the times Odysseas’ eccentric and narcissistic behavior paralyzed the state machinery, the decision was no surprise....

318. IRS experts aid Cyprus in combating money laundering

In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....

319. Christodoulides to join world leaders at UN's 'Summit of the Future'

Cyprus President, Nikos Christodoulides, is expected to participate in the Summit of the Future, a high-level global summit convened by the United Nations (UN), which will take place on Monday 23rd of September 2024 at the UNHQ in New York....

320. Homebuyers face mounting debts as developers' loans go unpaid

321. Cyprus banks praised by US for stronger sanctions enforcement

US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......

322. Illegal monastery remains standing despite demolition order

A monastery owned by the Metropolis of Constantia and Famagusta, illegally built in the protected Cape Greco area, remains standing despite court orders to demolish it, according to a report by Pavlos Neophytou in this Sunday's Kathimerini. ...

323. ''I read it on the internet''

The other day, a colleague at work shared his thoughts with me about the so-called ''woke agenda.'' He argued that it actually serves ''the economic interests of powerful multinationals.''...

324. Paphos set to sparkle with ''La Traviata'' at the Aphrodite Festival

Get ready for a weekend of dazzling culture and captivating music as Paphos prepares to host one of its most anticipated events of the year! The medieval charm of Kato Paphos Castle...

325. Christodoulides: ''We cannot operate in 2024 on 1960 terms''

The Cabinet convened yesterday to advance a significant framework of institutional reforms aimed at modernizing Cyprus' state apparatus....

326. Additional benefits for new parents at Lidl Cyprus

As of July 1, 2024, Lidl Cyprus proceeded with additional benefits for the new parents working for its group. ...

327. Euro-Turkey relations, the Cyprus problem, and an intangible connection

On Thursday morning, High Representative Josep Borrell nearly overlooked mentioning the lunch discussion with Turkish Foreign Minister Hakan Fidan about Euro-Turkish relations at the informal EU foreign ministers' meeting....

328. Banks in Cyprus contribute €1 million to install air conditioners in schools

Cyprus's major banks are stepping up to help install air conditioners in schools, contributing €1 million to the effort. The funds will be distributed equally among the School Boards of the country’s five provinces. ...

329. Hellenic Bank's profits surge amid higher lending rates

Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....

330. Government greenlights patient advocate to oversee healthcare issues