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781. North detains two teens on counterfeit spending spree

Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...

782. Report highlights police inaction in cases of violence against women in Cyprus

The Group of Experts on Action against Violence against Women and Domestic Violence (GREVIO)’s first review of existing policy approaches and legislation on violence against women in Cyprus has revealed many areas in which redoubled action is needed to comply with the standards of the Istanbul Convention. ...

783. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

784. The visionary leader of Pafilia wins at the prestigious Bank of Cyprus Man of the Year Awards

Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR Awards, with the title of Best Manager / Entrepreneur....

785. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...

786. November Newsletter of K. Treppides & Co Ltd: European Banking Authority

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....

787. Marios Georgiou named Man of the Year 2022

Marios Georgiou was named Man of the Year at the 21st annual Bank of Cyprus - Man of the Year Awards 2022 held at the Parklane Hotel in Limassol last night, Wednesday, November 16th, in the presence of the President of the Republic of Cyprus, Mr. Nicos Anastasiades. ...

788. Civil protection's role in disaster management at the Nicosia Risk Forum 2022

The role of civil protection and international solidarity in disaster management as a result of climate change is being discussed at the two-day Nicosia Risk Forum 2022 (#NRF2022) on Civil Protection, which began today in Larnaca and is organized by the CERIDES Foundation of the European University Cyprus....

789. Spyware and political games

The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...

790. Cyprus regulator to suspend FTX's license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

791. Eliades: 'Cyprus a haven for every kind of illegal activity' thanks to government

The preliminary findings of the report issued by the PEGA investigation committee, the works carried out at the Limassol Municipal Garden, and the delimitation of the Exclusive Economic Zones between Cyprus and Greece were the subject of press releases issued by presidential candidates on Wednesday....

792. Looking for a strategy to suspend foreclosure sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

793. Initial PEGA report - Cyprus is an appealing destination for spy goods

794. Effective management of the migration issue

Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....

795. Deep political divide in the US as midterm elections loom

In a stark closing argument ahead of the U.S. midterm elections, President Joe Biden on Monday warned that a Republican victory could weaken the country's democratic institutions, while former President Donald Trump hinted he could announce another White House bid as soon as next week....

796. Backlog in court cases will be alleviated in 4 to 5 years

In a period of four to five years and with the implementation of the reform bills passed by the Parliament, the problem of the backlog of cases pending before the Courts will be solved to a significant extent, Supreme Court President, Antonis Liatsos and President of the House of Representatives, Annita Demetriou have said....

797. ''Firm of the Year 2022'' Specialist Sector

K. Treppides & Co Ltd, the Largest Independent Consultant, and a Cyprus based international firm, was awarded as the EAI Specialist Sector ''Firm of the year 2022'', by EAI International which is recognized internationally including US and Canada....

798. EY holds Cyprus Attractiveness Forum: Investment Realized, a reference point for FDI in Cyprus

The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...

799. Announcement: Appointment of Principal and Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 November 2022....

800. EP committee in Cyprus to investigate spyware claims

A delegation from the European Parliament’s committee of inquiry to investigate the use of Pegasus (PEGA) and equivalent surveillance spyware arrives in Cyprus on Tuesday afternoon, as part of a joint mission in Cyprus and Greece. PEGA gets a job in Cyprus - Why won't Drakou meet with the committee It will investigate complaints about the development and use of spyware on the spot...

801. Cyprus' hourly labor costs in 2020 was at €18.10, with some exceptions

Based on the findings of the Labor Cost Survey (LCS) conducted by the Cyprus Statistical Service, the hourly labor cost was set at €18.10 with 2020 serving as the benchmark year....

802. Cypriot author talks illegal surveillance with PEGA

Cypriot author Makarios Drousiotis said on Wednesday that illegal surveillance was still taking place in the Republic of Cyprus, as European lawmakers were on the island for a second day of meetings to uncover any unlawful activity amid spying scandals...

803. Bank deposits climb to a nine-year high

Deposits in the Cypriot banking system climbed to a nine-year high in September, while total loans continued their downward path, declining in a five-month low, boosting liquidity in the system to over €23 billion....

804. Travel documents issued by Russian occupied territories not accepted by EU

The Members of the European Parliament will no longer accept travel documents that authorities in Russia issue in the territories that have been illegally occupied in Ukraine as well as Georgia, the European Parliament confirmed through a statement....

805. Embracing the digital age through the 'smart school' program

Our educational system, the Ministry of Education, and the State are making an important and historic transition to the digital era with the signing of the €20 million Contract for the "Support Services System" Project on September 6, 2022. ...

806. 1091 attendees at the Digital Agenda Cyprus Summit 2022

The fifth Digital Agenda Cyprus Summit was a resounding success. On Monday, October 17, 1091 delegates attended the conference, filling the Nicosia Municipal Theatre to capacity despite the continuous rain. ...

807. Petrides: 'We will not impose new fuel taxes'

Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....

808. October Newsletter of K. Treppides & Co Ltd: EBA

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....

809. Cabinet approves all-day high school in all provinces

All-day high schools will be introduced in all provinces of Cyprus beginning with the 2023/24 school year....

810. The EU's accession talks with Turkey are at a standstill

According to the European Commission's draft enlargement report, the EU has a strategic interest in a stable and secure environment in the Eastern Mediterranean, as well as in developing cooperation and a mutually beneficial relationship with Turkey....