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391. Bad blood continues over golden passports

A prolonged and bitter dispute between the interior minister and auditor general, over probing Cyprus’ golden passports scheme, was renewed this week following a mini report with details on a number of applications through citizenship by investment...

392. EU solidarity to go beyond words, Michel tells Anastasiades

In a meeting with the European Council President Charles Michel on Wednesday, the President of the Republic of Cyprus expressed hope that EU member states will show a united front during next week’s extraordinary European Council summit on Turkey....

393. Cyprus coronavirus fatality rate at 1.9%

The fatality rate of COVID-19 in Cyprus stands at 1.9%, with a total of 1,511 COVID-19 cases and 29 deaths recorded until September 8, according to the COVID-19 National Surveillance Report published Friday....

394. Greek FM makes impromptu visit to Cyprus

Greek Foreign Minister Nikos Dendias is on a surprise one-day trip to the Republic of Cyprus on Tuesday for talks with his Cypriot counterpart Nikos Christodoulides...

395. Cyprus-France defence cooperation agreement comes into force

An announcement by the Cyprus Presidency on Thursday officially marked the initiation of a defence cooperation agreement between Cyprus and France, with particular focus on military and energy areas....

396. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

397. Group of five accused of using fake bills

A Paphos judge has ordered five people remanded in custody for six days after police prosecutors said the group was suspected of looting and trying to pass fake bills...

398. UNHCR report: One per cent of humanity displaced

A UN Refugee Agency report released on Thursday showed that forced displacement is now affecting more than one per cent of humanity – 1 in every 97 people – and with fewer and fewer of those who flee being able to return home....

399. Rapid COVID-19 tests at Cyprus airports in coming days

Rapid COVID-19 tests will soon be made available at Cyprus airports, transport minister Yiannis Karousos said on Monday....

400. The growing complications of the reopening of checkpoints

The discussion for the reopening of checkpoints will be anything but an easy feat, as in addition to the role played by the epidemiological situation, the matter is inevitably being politicized in view of ‘elections’ set to take place in the north, but also in light of the UNSG’s report expected around the end of June....

401. Health experts on divided island compare notes

Health experts from the two communities on divided Cyprus are expected to touch base on Monday, leaving politics aside as scientists try to prepare officials for the reopening of crossings in the buffer zone...

402. Cyprus GDP to suffer 'severe contraction' in 2020, projection shows

The University of Cyprus’ Economics Research Centre has projected that the country’s GDP is set to drop by 6.9% in 2020 under a baseline scenario and by 13.1% under an adverse scenario....

403. Cyprus and Greece join to tackle tourism

The Hellenic Association of Travel & Tourist Agencies and the Association of Cyprus Travel Agents have agreed to submit a joint proposal to the governments of both countries for Cyprus and Greece to be considered a single area for tourism purposes...

404. Sustainability the key word in approach against COVID-19, says Swedish Ambassador

Sweden’s Ambassador in Nicosia Anders Hagelberg has spoken of the need for a sustainable approach as regards dealing with the COVID-19 outbreak and has noted that one cannot compare the measures taken in different countries, as each one has different social and family structures in place....

405. Government considering to give banks €2b in state guarantees to unlock credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

406. Finland to accept 175 asylum seekers from Mediterranean 'hotspots'

The government of Finland announced on Thursday that it will be accepting up to 175 asylum seekers from Cyprus, Greece, Malta and Italy, in a bid to facilitate their humanitarian situation in EU member states in the Mediterranean....

407. Nicosia an extremely important partner in region, Norwegian FM says in Cyprus visit

Oslo views Cyprus as an extremely important partner in the region, due to its bridging role between Europe and the Near East, said Ine Soreide, Norway’s Minister of Foreign Affairs....

408. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

409. Accounting profession the pillar of powerful economies

410. Cyprus ready for five-party meeting, Anastasiades tells Lute

Cyprus President Nicos Anastasiades shared a phone call on Wednesday with UN special envoy Jane Holl Lute, expressing his readiness to take part in an informal five-party conference with the aim of reaching an agreement on the terms of reference that would allow the resumption of peace talks....

411. Judge approves Alexoui remand

Nicosia businessman Alexis “Alexoui” Mavromichalis was remanded in custody on Tuesday in connection with an attempted murder in 2017, following a long and tough court hearing...

412. Nicosia and Athens condemn Ankara's illegal drilling

The Government of Cyprus publicly condemned Turkey’s newly planned illegal drilling within the Exclusive Economic Zone and continental shelf of the Republic of Cyprus, while the Greek Foreign Ministry strongly condemned Turkey΄s plans, stressing that their actions have neither legal effect nor create fait accompli....

413. House condemns Turkish involvement in Libya

The House of Representatives of the Republic of Cyprus, in a resolution adopted unanimously, condemns the decision of Turkey to sell and dispatch weapons and troops, which violates the Libya embargo, and calls on the UN to monitor the implementation of the UN and EU embargo on weapons by Turkey, in order to impose sanctions wherever necessary, at least in the EU framework, and also calls on the Cyprus government to send humanitarian aid to the Libyan people. ...

414. PwC Cyprus tax guide 2020 now available

The practical guide provides general information about Cyprus’ tax system as it is based on current Cyprus legislation and practice and includes the most recent changes in our direct and indirect tax laws...

415. Baker Tilly Cyprus Release New 2020 Tax Guide

416. Guterres committed to explore possibility to convene five-party meeting on Cyprus

UN Secretary-General Antonio Guterres said on Monday that he committed to explore with the President of Cyprus Nicos Anastasiades, the Turkish Cypriot leader Mustafa Akinci and the guarantor powers the possibility to convene an informal five party meeting on Cyprus “at an appropriate stage”, following an informal dinner in Berlin attended by both leaders. ...

417. President stresses political determination ahead of Berlin

President of Cyprus Nicos Anastasiades stressed on Friday his determination and political will to attend a meeting in Berlin, later this month, with UN Secretary-General Antonio Guterres and Turkish Cypriot leader Mustafa Akinci, in a positive and creative spirit, aiming to conclude the terms of reference “whatever the Turkish intentions are.”...

418. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

419. EU heads come through on Turkey conclusions

The European Council endorses the Foreign Affairs Council conclusions on Turkey’s drilling and reaffirms its solidarity with Cyprus, according to the conclusions adopted after the first day of the EU leaders Summit in Brussels...

420. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...