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1081. Low denies central role in 1MDB scandal

Malaysian fugitive financier Jho Low, whose Cypriot passport came under scrutiny last year, says he was not the mastermind of the 1MDB scandal while confirming rumours he was offered asylum in an unnamed country...

1082. Cabinet adopts IHRA definition of antisemitism

The President’s Cabinet has approved a decision by which the Cypriot Government adopts the definition of anti-Semitism as it has been spelled out by the International Holocaust Remembrance Alliance...

1083. Woman threatens to blow up flight to Cyprus

Passengers on a flight from Istanbul to the northern part of Cyprus had the scare of their life on Wednesday seconds before takeoff when a female passenger threatened to blow up the plane...

1084. Turkish drones in the north ready for takeoff

Turkish drones were due to arrive in the northern part of Cyprus where they are expected to begin flying missions on Monday over drilling ships in search of natural resources in the eastern Mediterranean...

1085. PwC Cyprus presented the 'New World, New Skills' programme

1086. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

1087. Boy who killed sister released from Athalassa

A teenager who was locked up in a mental hospital is going home one year to the day after stabbing his sister to death in Larnaca...

1088. EY climbs World’s Best Workplaces list

EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...

1089. MAP S.Platis joins forces with global firm FTI Consulting

1090. 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...

1091. Turkey criticized over Syria offensive during EP debate

Turkey was heavily criticized on Wednesday for its military operation in north-east Syria, during a debate at the European Parliament plenary, in Strasbourg, while a relevant resolution is expected to be adopted on Thursday....

1092. 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...

1093. Cairo summit underway

A summit held between Cyprus, Greece, and Egypt was taking place Tuesday in Cairo, with President Anastasiades drawing attention to international law amidst challenges posed by Turkish drilling off the island’s southern coast...

1094. Witness comes forward in parking lot incident

A witness has come forward in the car park racist incident in Larnaca, saying she watched in horror from start to finish as a Russian woman was standing her ground while being assaulted by two Cypriot females and a child...

1095. Cyprus resorts to UN Security Council over Varosha

In statements to the press late on Friday after having completed all his meetings on the sidelines of the UN General Assembly, President Anastasiades expressed his satisfaction about the outcome of his “interesting and extremely important” meeting with the UN Secretary General Antonio Guterres and the understanding with which Cyprus’ positions were received by the five Security Council permanent members. ...

1096. Anastasiades to address the UN General Assembly

Cyprus President, Nicos Anastasiades, is expected to send on Thursday, during his speech at the 74th session of the UN General Assembly, in New York, messages to the United Nations and the international community about the Greek Cypriot side’s readiness for the resumption of the negotiations on the Cyprus problem, with a view to reach a just, viable and functional settlement, on the basis of a bi-zonal, bi-communal federation. ...

1097. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

1098. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

1099. Four New Partners at Harris Kyriakides LLC

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

1100. Looking for true followers

Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures. ...

1101. Kyriakides up to the task for EU health

Cyprus’ EU Commissioner-designate, Stella Kyriakides, who has been selected as the new EU Health Commissioner, says she is ready for the challenge...

1102. House looks at state salaries for clergy

State salaries for the clergy are back in the news as a House finance committee is looking for ways to amend an outdated agreement with the Church dating back to 1971...

1103. Legal concurs with no case against bishop

There will be no criminal case against Morphou Bishop Neophytos in connection with his controversial comments over homosexuality, after the attorney general said the police file he reviewed over the case did not establish a crime...

1104. President launches Exandas portal in a bid to enhance transparency

The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023. ...

1105. Mental health patient says she was raped

A woman suffering from mental illness says she was raped twice by an elderly man who was a frequent visitor at her institution in Limassol...

1106. More US energy companies to operate in Cyprus, US Ambassador says

US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...

1107. Nicosia says terms of reference are within reach

Government Spokesman, Prodromos Prodromou, said on Monday that it seems that there is justified hope and ground for the formulation of the terms of reference that would pave the way for the resumption of the negotiations on the Cyprus problem. ...

1108. Waters’ summer mission reaches Cyprus

California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...

1109. US congresswoman on a money trail to Cyprus

A US Congress delegation is set to visit Cyprus to hold meetings on financial matters, led by Chairwoman Maxine Waters who vowed earlier this year to conduct oversight hearings into financial dealings of the US president...

1110. Authoritarian, divisive, hard right?

A few days ago, the New York Times published an opinion piece on political developments in Greece on its front page in which the author denounced the return to power of the “hard” right under the leadership of an “authoritarian” prime minister with “anti-democratic instincts.” ...