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2221. 'The suspension of foreclosure sales is tragic for the country'

Bank of Cyprus CEO Panicos Nicolaou described Cyprus's decision to extend the suspension of divestments as "tragic."...

2222. Nord Stream leaks: Sabotage confirmed, traces of explosives found

Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken place, a Swedish prosecutor said on Friday....

2223. EY Cyprus presents the Transparency Report 2022

ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...

2224. 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. ...

2225. Girls accuse male teacher of sexual harassment

A male teacher at a junior high school in Limassol has been remanded in custody after a group of female students have accused him of sexual harassment in the classroom...

2226. Asylum seeker says she was gangraped at Pournara

An asylum seeker says she was raped by five men at Pournara migrant camp, with police confirming a complaint has been filed but no suspects have yet been identified...

2227. 'Double tax' treaty talks to begin between Cyprus and Australia

Cyprus Finance Ministry has expressed satisfaction with the positive reaction of Australian authorities to initiate bilateral negotiations for the conclusion of the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance....

2228. 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....

2229. Menendez reassures Cypriots no fighter jets for Erdogan

US Senator Bob Menendez has renewed his commitment to stop F-16 fighter sales to Turkey, calling instead on everyone to make sure that all Turkish soldiers leave Cyprus down to the last one...

2230. NATO response convoluted in missile aftermath

Puzzled world leaders breathed a sigh of relief on Wednesday after it was revealed that Ukrainian forces, not Russian, had fired missiles into Poland, but the incident had already disrupted G20 diplomacy meetings in Bali and further revealed hidden divisions within NATO...

2231. 'It's beginning to look a lot like Christmas!' (photos)

The Christmas Villages are set to begin in less than two weeks, on Saturday, November 26, and preparations by the participating communities are ongoing. ...

2232. Drug squad finds Ottoman cannons after tip-off

Cypriot authorities in Limassol have gained possession of two Ottoman cannons, after officials rushed to the backyard of a residence where they caught the owner red handed digging up the big guns...

2233. Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

2234. Suspect in Nicosia prison murder case cries foul

The main suspect in the death of a Turkish Cypriot inmate in Nicosia has leveled multiple accusations during a court appearance on Monday, when reporters also heard him screaming at police and asking to be transferred to a different jailhouse...

2235. 'Cancer-related inequalities among member states must be eradicated'

The European Commissioner for Health and Food Safety, Stella Kyriakidou, on Monday, referred to the importance of cooperation between all partners for the success of Europe's Beating Cancer Plan, stressing the need to eliminate "unacceptable" inequalities in prevention, treatment and care for cancer among EU member states....

2236. FTX's European operations suspended indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

2237. 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. ...

2238. Man wanted for 760m euros worth of fraud arrested at Larnaca airport

On Sunday night, a 49-year-old man who is wanted by Chinese authorities on an international warrant in connection with a fraud case was apprehended at Larnaca airport....

2239. Another British man dies while crossing the road

A British man died in a road accident over the weekend after being struck by a car on a coastal road in Paphos, where another fatality and other car accidents involving pedestrians have been piling up this month...

2240. 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....

2241. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

2242. How Turkey's 'Blue Homeland' doctrine came to be

Fresh fuel was thrown onto the already volatile Greek-Turkish relationship in 2019 in the form of a map that was made public in a photograph that had Turkish President Recep Tayyip Erdogan standing in front of it....

2243. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

2244. Republicans move towards a majority in the House

Republicans edged closer on Thursday to securing a majority in the U.S. House of Representatives while control of the Senate hinged on a few tight races, two days after Democrats staved off an anticipated "red wave" of Republican gains in midterm elections....

2245. 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....

2246. Iranian protesters look to outside world for help

The anti-government protests sweeping Iran are now in their eighth week, with no sign of ending, despite a bloody crackdown. The rest of the world has watched with alarm, with some countries taking steps in support of the protests....

2247. Report claims 3-4 companies produce spyware in Cyprus

Cyprus's parliament opened an inquiry on Wednesday into the development of spyware on the island, after a draft European Parliament committee investigation report said it was an important export hub for the surveillance industry....

2248. Larnaca's new branded hotel (photos)

Solaar Hospitality's new hotel (formerly Michael's Beach Hotel) on the Larnaca-Dhekelia road is set to open in less than six months. The new hotel on the city's map will bear the name of an international hospitality chain and will open in April 2023 as the Mercure Beach Hotel Larnaca....

2249. Zuckerberg says 'sorry' as Meta lays off 1,000 employees

Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....

2250. Initial PEGA report - Cyprus is an appealing destination for spy goods