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1. Greek police disrupt €26 million VAT fraud scheme

The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....

2. Cypriot bank officials to present AML progress in U.S.

Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...

3. Putin tries to help Trump beat Harris in U.S. Election 2024

Russia is intensifying its efforts to interfere in the 2024 U.S. presidential election, aiming to help Donald Trump defeat Vice President Kamala Harris, according to U.S. intelligence officials. ...

4. It's a Cypriot shipwreck!

When the gold passport scandal began to emerge in the autumn of 2019, it quickly became clear that the naturalization of individuals like Joe Law was only the tip of the iceberg....

5. Brexit leads to sharp decline in EU students at UK universities

The number of students from the European Union enrolling in British universities has dropped sharply since Brexit, new figures show. There are fewer students from Italy, Germany, and France coming to study in the UK....

6. Christodoulides backs Eurobank's big move into India

President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....

7. EU allocates €39.5 million for Turkish Cypriot community

The European Commission on Tuesday approved the 2024 Annual Action Programme, granting €39.5 million to support the Turkish Cypriot community's socio-economic development and advance Cyprus' reunification efforts....

8. Qantas passengers score first-class tickets at 85% off

Qantas Airways recently made a costly mistake, offering first-class tickets at an 85% discount due to a coding error. The Australian airline accidentally listed round-trip first-class flights from Australia to the United States, typically priced at up to AUD 28,000 (USD 19,000), for just AUD 3,400 (USD 2,300)....

9. The fate of the Greece-Cyprus energy link hangs in the balance

This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....

10. Police under investigation after Bulgarian in Paphos killed and emergency calls ignored

Authorities are pursuing disciplinary action against four police officers following the brutal murder of 41-year-old Petya Krateva from Bulgaria, a resident of Paphos, allegedly by her former husband....

11. Vogue content coming to ChatGPT in new deal

OpenAI has inked a deal with publishing giant Condé Nast, marking yet another partnership between the AI company and major media outlets. Previous collaborations include agreements with Time magazine, the Financial Times, and the Associated Press....

12. Dog abandonment and neglect on the rise in Cyprus

Dog abandonment and neglect in Cyprus are getting worse, with shelters struggling to keep up. Volunteers at local shelters say they are seeing more and more dogs being abandoned, not just in the summer, but all year round....

13. Wizz Air launches one-of-a-kind ''All you can fly'' membership

Wizz Air, Europe’s most sustainable airline globally1, has announced the launch of its “All You Can Fly” membership, providing an extensive number of flights across 12 months for €599, to more than 800 destinations....

14. Greece and the ferry-tale nightmare

The ferry boat situation in Greece is rapidly becoming an unfortunate stain on the very fabric of the country. As someone who not only vacations in Greece, I also own, operate, and conduct business there in the tourism sector....

15. Paphos man loses €200,000 in online fraud scheme

Police are investigating a new online fraud case involving a large sum of money after a 67-year-old man reported being swindled out of €200,000. The complaint was filed today at the Paphos Police Station, according to Cyprus Police....

16. Police warn public about new online extortion scam

Police are urging the public to be vigilant after a new form of online fraud has emerged, where scammers attempt to extort money by claiming they have compromising videos of the victims....

17. Fake contests and phishing scams surge, warns Cyprus Consumers Association

The Cyprus Consumers Association (CSC) has issued a warning about a surge in consumer fraud, where cunning individuals employ various tricks to extort money from unsuspecting victims. ...

18. Politico: Cypriot firm linked to Belarusian leader exploits sanctions loophole

A recent investigation by Belarusian journalists has uncovered that a company based in Cyprus is profiting from inflated contracts related to the export of potash, a key ingredient in fertilizer, from Belarus....

19. Women entrepreneurs hit hard by Turkey's Instagram shutdown

Turkey's decision to block access to Instagram has dealt a significant blow to female entrepreneurs who rely on the platform to market and sell products ranging from homemade cookies to baby bedding....

20. Limassol man duped out of €30,000 in cryptocurrency scam

21. Dubai Airport breaks record with 44.9M passengers in 2024

Dubai International Airport has broken a passenger record for the first half of the year, handling 44.9 million travelers from January to June, an 8% increase from the 41.6 million recorded during the same period in 2023....

22. Cyprus non-cash payment value hits €129 billion

Non cash payments in Cyprus in the second half of 2023 rose by 12% year on year to €129 billion with total transactions amounting to 152 million marking an annual increase of 15%, the Central Bank of Cyprus (CBC) has said....

23. ''Cyprus crucial to global security,'' says US Ambassador

The U.S. Ambassador to Cyprus, Julie Fisher, stressed the significant role of Cyprus in regional and global security during her remarks at the Overseas Cypriots Conference in Nicosia. ...

24. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

25. Fruits and perishables made of gold

Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...

26. CNP ASFALISTIKI SUPPORTS EXCELLENCE

CNP ASFALISTIKI, the First General Insurance Company in Cyprus, in the context of its multidimensional social contribution, awarded the top graduates of the Master's Degrees in Forensic Psychology and Business Administration of the University of UCLan Cyprus, with the "CNP ASFALISTIKI AWARD"....

27. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

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....

28. Laughable disclosures as Cyprus politicians' financial woes unveiled

Once again, this year’s financial disclosures from our members of parliament are filled with laughable and tragic statements. Marinos Sizopoulos must be having a hard time making ends meet, ...

29. Mykonos tourism decline linked to high costs

International air traffic to Mykonos is on a downward trajectory for another year, according to plans for available seats that airlines have for this summer so far....

30. Cypriot neurosurgeon sentenced for fraud

A Cypriot neurosurgeon has been sentenced to 32 months in prison for deceiving patients and defrauding the General Health System. ...