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571. April Newsletter of K. Treppides & Co Ltd – 25/04/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

572. Man sentenced to 6 months in occupied north for using fake insurance

A Russian national was sentenced to six months in prison by a criminal court in the Turkish-occupied north after attempting to cross into the area using a forged vehicle insurance policy....

573. April Newsletter of K. Treppides & Co Ltd – 11/04/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

574. Banks extend protection for stranded property buyers until July 2025

Stranded property buyers have been given a fresh lifeline, as Cyprus’ banks have agreed to extend the freeze on property sales and repossessions until the end of July 2025....

575. Thanasis’s mother vows to take justice into her own hands

More than 18 years after the mysterious death of army conscript Thanasis Nikolaou, his family is refusing to let his story end in silence....

576. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

577. Foreign-owned hair salons draw scrutiny over operating hours, lack of oversight

The Pancyprian Federation of Hairdressers and Barbers is raising concerns about what it describes as unfair competition from hair salons and barbershops operated by foreign nationals....

578. Akamas for sale?

Nearly two years after serious environmental violations were first reported in the Akamas peninsula, a protected and ecologically sensitive area, illegal activity continues, seemingly without consequences....

579. Syrian asylum seeker freed after 13 months in legal limbo: Supreme Court slams 'unjustified' detention

A Syrian asylum seeker detained for over a year was ordered released by Cyprus' Supreme Court on Wednesday, citing unjustified and prolonged detention without a clear path to deportation....

580. Prince Luxury Events hits back at scandalous rumors

In the midst of swirling rumors and growing public interest surrounding the Odysseus Michaelides–Nikos Christodoulides controversy, a local entertainment venue has spoken out, firmly distancing itself from the narrative....

581. Cyprus to launch post-Easter recruitment drive for 700 National Guard soldiers

The Council of Ministers has approved the Ministry of Defence’s proposal to recruit 700 contract soldiers for the National Guard....

582. Aykut family launches billboard campaign against Cyprus President

The Aykut family has taken their fight with the Cypriot government to the streets, literally. Giant billboards with bold accusations against Cyprus and President Nikos Christodoulides have appeared in Hebrew in various locations, painting the island as unsafe for Israelis and demanding justice for 75-year-old Simon Aykut, who has been jailed in Cyprus for nearly a year....

583. April Newsletter of K. Treppides & Co Ltd – 09/04/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

584. Thanasis Nicolaou’s remains placed in monastery ossuary

The remains of Thanasis Nicolaou, a 26-year-old National Guardsman, have been placed in an ossuary at a monastery in Limassol, following coordination with the Metropolis of Limassol....

585. April Newsletter of K. Treppides & Co Ltd – 04/04/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

586. Banquet hall in Nicosia built and operating without permits

A building in Nicosia that now operates as a popular banquet and events hall was constructed and opened without the proper permits or approvals, according to a damning report by the Auditor General of the Republic. ...

587. Court halts Pentakomo port project to protect endangered monk seals

In a major win for environmental protection in Cyprus, the Administrative Court has issued an interim order halting construction on a planned port in Pentakomo, citing the need to protect the area’s fragile ecosystem....

588. ''Smoking rights'' go up in flames as court backs COVID mask fine

In a recent ruling, the Court of Appeal has upheld the conviction of a man fined for refusing to wear a protective face mask during the height of the COVID-19 pandemic, delivering a firm blow to challenges against public health regulations imposed under emergency powers....

589. Bank of Cyprus buys out Ethniki Insurance in €29.5M deal

The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....

590. U.S. officials in Cyprus for final checks before visa-free travel greenlight

A team of U.S. State Department and Congressional officials arrived in Cyprus on Monday to carry out the final technical checks required for the country’s entry into the coveted U.S. Visa Waiver Program (VWP). ...

591. Prison or mini-market?

A prison cell in Nicosia turned into a makeshift shop, complete with croissants, cigarettes, coffee, and prepaid phone cards, has landed a chief warden, an inmate, and the inmate’s wife in serious legal trouble....

592. 4 years in prison for 23-year-old for sexual abuse of a minor

The Paphos Criminal Court today sentenced a 23-year-old man to four years in prison for the sexual abuse of a minor, according to a statement from the Paphos District Court Registry....

593. Court upholds denial of Cypriot citizenship to individual from mixed marriage

The Supreme Constitutional Court of Cyprus has upheld a decision to deny citizenship to a woman born in the Turkish-occupied north of the island, highlighting national security concerns linked to her parentage in a mixed marriage....

594. Ex-coroner shouts suicide at grieving mother in Thanasis Nicolaou case

A state forensic pathologist who originally ruled Thanasis Nicolaou’s death a suicide reportedly shouted at the victim’s grieving mother in court this week, insisting her son ''was not murdered'' and died by suicide, reigniting public outrage over the long-running case....

595. Thanasis Nikolaou’s remains to be returned to family

A court has ordered the return of the skeletal remains and forensic slides of Thanasis Nikolaou to his family, concluding a tense legal procedure on Tuesday....

596. Lawyer files complaint over alleged police abuse of minor

A Larnaca-based attorney has filed a complaint over what he described as the “unlawful arrest and inhumane treatment” of a minor by members of the Larnaca Police Department....

597. International students rattled as visa crackdown hits Harvard, UCLA and dozens of U.S. campuses

A quiet but unsettling wave of student visa cancellations is rippling through U.S. college campuses, and not even Harvard has been spared. The university recently confirmed that five of its international students, three still enrolled and two recent graduates, had their visas suddenly revoked without explanation....

598. Former volunteer commissioner’s forged letter of recommendation in court

In the latest chapter of what could rival any courtroom drama, the trial of former Volunteer Commissioner Yiannis Giannakis took an unexpected turn today, with a forgery scandal adding fuel to an already intense legal battle. ...

599. Human Rights Court voices concern over migrant treatment in Cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

600. Turkey irked by Greece–Cyprus power cable plans near Karpathos