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61. Drug squad chief suspended after warden complaint

Lack of clarity continued to rule the day in the Republic of Cyprus following allegations against the drug squad chief, who was suspended from duties on Wednesday after the prison warden accused him of illegal activities...

62. Cyprus municipalities reduced to 20 following reform bill passed by Parliament

The Cypriot Parliament Plenary on Thursday voted in favor of three bills adopting the reform of Local Government reducing the number of Municipalities throughout the government-controlled areas to 20....

63. Historic leak of Swiss banking records reveals unsavory clients

Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....

64. Op-ed: The two trends for working time

In the discussion about the time we dedicate to our work, a turn of 180 degrees has taken place and this is mainly due to the pandemic....

65. EY presents Cyprus Tax Facts 2022 guide

EY Cyprus is pleased to share the latest Cyprus Tax Facts guide – in English – which provides a straight-forward, holistic summary of the Cyprus tax system, based on current legislation and tax practices, in relation to the fiscal year 2022....

66. North calls on Greek Cypriots to cooperate on migration

Turkish Cypriots say the north is in favour of working together with the south on the challenge of irregular migration, calling on Greek Cypriots to address the issue jointly in a 'spirit of cooperation' at a time when Interior Minister Nicos Nouris has been ramping up his rhetoric on drastic measures...

67. Cyprus airs migration grievances at divided Europe

Interior Minister Nicos Nouris wants strong EU awareness on external borders to be shown in Cyprus as well, in remarks he made near the buffer zone on Sunday, just two days after the European Commission president signaled there would be no funding for barbed wire and walls...

68. House committee condemns sidelining of prison warden

There was an odd twist during a House committee hearing on Tuesday, after it emerged that the prison warden had been told to sit out a crucial part regarding ankle bracelet legislation, with members crying foul over the arrangement...

69. The City of London Is Hiding the World’s Stolen Money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

70. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

71. President Anastasiades addresses the 76th UN General Assembly

The President of the Republic, Mr. Nicos Anastasiades, today addressed members of the 76th session of the UN General Assembly in New York....

72. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

73. Lockdown begins amid legal challenges

The Republic of Cyprus entered a two-week lockdown on Monday, the start of the Holy Week for the Greek Orthodox community, with critics crying foul over some measures including proof of vaccination...

74. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

75. EY Cyprus participated in the 4thCyprus International Tax Conference

EY Cyprus has once again supported and participated in the 4thCyprus International Tax Conference, on Tuesday March 30th....

76. New court culture coming to Cyprus

The president of the Cyprus Bar Association says justice reform is in the air in the Republic of Cyprus, after proposed rules on Civil Law Procedure were submitted on Thursday to the Supreme Court in hopes to introduce a new court culture on the island...

77. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

78. Bar set low as Brussels, UN in low spirits for CyProb involvement

Foreign players ranging from Brussels and Berlin to New York have lowered their expectations and show a reduced eagerness to actively get involved in efforts to reach a solution to the Cyprus Problem....

79. Justice Minister eager to see justice system reform make headway

Justice Minister Emily Yioliti proposed to the House legal committee on Wednesday the establishment of a working group, composed of representatives of parliamentary parties and the Cyprus Bar Association, for a discussion of positions regarding the direction of the impending justice system reform....

80. Students arrested as visa debate rages on

Police officers and immigration agents raided establishments in Paphos on Sunday, arresting two international students who were found working without authorization, with critics calling on the state to ease restrictions and allow off-campus work...

81. New Ayia Napa mayor to fight for autonomy

Newly-elected Ayia Napa mayor says he will stay the course in the fight to keep the resort town autonomous, while pushing for reform...

82. Uncertainty reigns across international tax landscape

83. Greek PM in charm offensive aiming to ease primary surplus targets

Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....

84. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

85. Chinese Ambassador to Cyprus: No one stands to win in a trade war

86. Cyprus seeks EU sanctions against Turkey

87. Cyprus 'one of the success stories of ESM'

88. President reiterates commitment to high economic growth

89. 10th Economic Ideas Forum takes on Cyprus economic reforms

90. Finish what you started on reforms, IMF tells Greece