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841. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

842. 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....

843. Michel says EU will be active observer in Cyprus peace talks

The EU remains committed to the resumption of Cyprus peace talks and is looking forward to the informal meeting set to take place in Geneva later this month, where it will participate as an active observer, European Council President Charles Michel said Tuesday after meeting with Recep Tayyip Erdogan in Ankara....

844. Damning State Dep. report highlights Cyprus human rights issues

A US State Department country report on human rights practices in 2020 proved damning for Cyprus which was found to have had significant human rights issues last year....

845. State drops big marriage fraud case

Police in Cyprus were distinctly furious this week after prosecutors dropped charges against nine suspects in a fake marriage case, with the Legal department arguing an amended law linking sham marriage to immigration violations was not retroactive...

846. Cyprus keeps Carnival spirit alive amid Covid-19

Carnival is usually the highlight of the year for Cyprus, when residents let loose in bizarre and colorful costumes, joyfully dancing and celebrating during the Mediterranean island nation’s biggest annual party scene....

847. Peter Piot: Vaccination passports a one-way street

Professor Peter Piot, advisor to the Commission President, speaks to ‘K’...

848. ‘Sugar daddy’ loses appeal in child rape

The Supreme Court has upheld the sentence of an elderly man who was convicted of having paid sex with a teenage girl, with the bench declaring that punishment for sexual crimes against children ought to be severe as well as act as a deterrent...

849. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

850. Limassol cops shut down underground poker

Over a dozen people were fined by police in Limassol for violating health laws after being caught red handed engaging in an illegal poker game during night curfew...

851. Cyprus wages battle for air connectivity

Two Cypriot ministers have joined forces this week to call on the EU’s Competition commissioner to allow more state subsidies for airlines amid the pandemic, citing improvements in scheme criteria but also the remoteness of the island...

852. US against two-state deal on Cyprus, Heather A. Conley tells Kathimerini

Heather A. Conley is no stranger to Greece as she has made a point of visiting the country every year and also participated in the 2019 Delphi Forum – the last that actually took place in Delphi. A Washington veteran, she is senior vice president for Europe, Eurasia and the Arctic and director of the Europe, Russia and Eurasia Program at the Center for Strategic and International Studies (CSIS)....

853. When the lights of the Palace begin to dim

The testimonies of 2013, say that in those critical days of the savings levy, there was a crowd of people on the hill of the presidential palace....

854. President blames CIP failure on recklessness

Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...

855. Cyprus to receive 69,403 AstraZeneca doses in February

Cyprus will receive 69,403 doses of the AstraZeneca vaccine in February, according to information provided by the company, the Ministry of Health said Friday....

856. The key to a successful investment lies in… behaviour?

857. Officials want young people settle in Strovilia

Dherynia officials are seeking ways to have young people populate abandoned homes in Strovilia, on British Base soil, despite challenges stemming from restrictions that were somewhat eased last year...

858. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

859. Fraud suspected in arson of vacant home

Police are trying to get to the bottom of an arson case, following a series of arrests including a couple whose home in Limassol was burglarized and damaged by fire last month...

860. President dares editor to prove allegations

Cypriot President Nicos Anastasiades has called on journalist Andreas Paraschos to show proof or admit he was wrong, after the news editor claimed the commander-in-chief had chosen money from golden passports over chances of a swift resolution to the division of the island...

861. Top editor quits over Anastasiades claim

A renowned journalist and editor-in-chief at Kathimerini Cyprus has resigned his post amid backlash from a piece he wrote on Sunday, where he claimed Cypriot President Nicos Anastasiades let slip information that he had been flying millions generated from golden passports to the Seychelles on private flights...

862. Cyprus aiming for full absorption of EU funds

Finance Minister Constantinos Petrides said Cyprus wants to achieve an absorption of 100% of the maximum of €968 million it could receive from the European structural and investment funds, but this requires that Cyprus invests in projects amounting to €1.8 billion....

863. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

864. Report says ministry was shuffling papers

An initial redacted report on golden passports made public in the Republic of Cyprus on Tuesday painted a picture of an Interior Ministry serving as a “filing office” without ability to examine cases in any meaningful way, with opposition crying foul over the committees’ selective method...

865. Report on passport scheme to be released, President says

President Anastasiades said the report of the investigative committee spearheaded by Securities and Exchange Commissioner Demetra Kalorigou on the island’s disgraced citizenship-by-investment program will be released next Tuesday....

866. DIKO raises conflict of interest for AG

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

867. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

868. Woman arrested at hotel on drug charges

A young woman was arrested at a hotel in Nicosia on drug related charges, after officers had placed her room under surveillance where they found illegal drugs and money...

869. Delivery guy attacked on job in Nicosia

A delivery driver in Nicosia was attacked and robbed on Monday while attempting to deliver food after curfew to an Aglandjia address near the buffer zone...

870. COVID-19 to disrupt holiday shopping plans