https://knews.kathimerini.com.cy/en/news/jiu-jitsu-director-says-cyprus-losing-out
The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...
https://knews.kathimerini.com.cy/en/news/cyprus-mines-insolvency-under-scrutiny-in-us
Cyprus Mines Corporation which filed for bankruptcy in the United States following hundreds of asbestos lawsuits has rejected accusations that a committee representing claimants was acting in bad faith, but lawyers representing victims are calling on a judge to rework a deal under intense scrutiny...
https://knews.kathimerini.com.cy/en/news/cyprus-expecting-60-000-doses-this-week
https://knews.kathimerini.com.cy/en/news/police-probe-suspicious-rapid-test-invoices
Police are investigating allegations of fraud after suspicions emerged that a private company was claiming payments for rapid tests that never took place...
https://knews.kathimerini.com.cy/en/news/health-minister-consults-experts-before-friday-s-measures-announcement
The Health Minister consulted the government’s health advisory committee on Thursday for an evaluation of the island’s coronavirus situation before the Cabinet is set to take final decisions on Friday on whether we’ll be moving forwards or backwards....
https://knews.kathimerini.com.cy/en/news/emails-from-cyprus-connect-dots-on-jho-low
New information published by OCCRP suggests that Henley & Partners identified Jho Low as a high-risk client but worked with him anyway through a Cypriot company to get him a golden passport...
https://knews.kathimerini.com.cy/en/news/eu-scrambles-for-supply-amid-vaccine-clatter
Cypriot EU Commissioner Stella Kyriakides says AstraZeneca’s revised schedule for delivering fewer doses of the COVID-19 vaccine in coming weeks is “not acceptable” while the European Ombudsman embarks on an investigation into vaccine contracts...
https://knews.kathimerini.com.cy/en/news/cyprus-launches-online-social-insurance-payment-system
Cyprus’ new online system for the payment of social insurance contributions was presented on Thursday by Labour Minister Zeta Emilianidou and Deputy Minister for Research, Innovation and Digital Policy Kyriakos Kokkinos....
https://knews.kathimerini.com.cy/en/news/travel-categories-of-sms-system-that-returns-sunday
The SMS system that Cyprus was happy to be rid of in late spring last year will be returning on Sunday as the island grapples with the rampant spread of coronavirus that has left the healthcare system increasingly burdened....
https://knews.kathimerini.com.cy/en/news/blame-game-in-full-swing-after-budget-vote
The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/eu-could-pay-over-$10-billion-for-pfizer-and-curevac-vaccines
The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks told Reuters....
https://knews.kathimerini.com.cy/en/news/elusive-businessman-with-cyprus-ties-pops-up
The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/business/appointment-of-directors-principals-senior-manager-in-k-treppides-co
The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...
https://knews.kathimerini.com.cy/en/news/gd-leadership-heading-to-jail-after-court-ruling
A court in Athens announced on Thursday that the entire leadership of the neo-Nazi Golden Dawn will be jailed, after rejecting a proposal by the prosecutor who opined that their sentences should be suspended pending their appeal....
https://knews.kathimerini.com.cy/en/news/ec-launches-infringement-procedures-against-cyprus-golden-passports
The European Commission launched infringement procedures against Cyprus and Malta on Tuesday in response to their ‘golden passport’ schemes, and allowed a two-month period for the countries to respond in writing to the Commission’s warning letter....
https://knews.kathimerini.com.cy/en/news/penalties-for-road-violations-to-spike-on-thursday
On Thursday, legislation enforcing new and higher penalties for traffic violations in a bid to curb road accidents and deaths come into effect, with fines to increase for a range of violations including not wearing a seatbelt or helmet, using a mobile phone, parking in a spot reserved for disabled persons, among other things....
https://knews.kathimerini.com.cy/en/news/new-driver-permit-rules-stiffer-for-non-residents
The Cypriot transport ministry has issued tougher rules for some foreigners seeking to obtain a driver’s permit, essentially linking visa status to eligibility while barring refugees with pending applications as well as introducing stricter criteria...
https://knews.kathimerini.com.cy/en/news/entrance-fees-to-be-scrapped-at-12-cyprus-museums
Entrance fees will be scrapped at 12 museums across Cyprus in a bid to boost visitors....
https://knews.kathimerini.com.cy/en/news/suspect-arrested-in-college-email-probe
Law enforcement authorities have arrested a man in connection with online payment requests made to a number of international students who were registered at a private college in Nicosia...
https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms
It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...
https://knews.kathimerini.com.cy/en/news/cyprus-perturbed-over-russia-tax-move
Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...
https://knews.kathimerini.com.cy/en/news/moody-s-payment-holidays-shield-cyprus-banks-in-2020-but-deterioration-likely-in-2021
Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...
https://knews.kathimerini.com.cy/en/business/businesses-pursue-strategies-for-turning-challenges-into-opportunities
The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-stricter-regulations-for-citizenship-by-investment-program
The Cabinet on Wednesday approved new regulations to the citizenship-by-investment program, an important provision of which ties the program to anti-money laundering legislation, interior minister Nikos Nouris said.
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https://knews.kathimerini.com.cy/en/news/bill-criminalises-prostitution-in-cyprus
A proposed legislation making paid sex a crime in the Republic of Cyprus is drawing criticism, after the country’s left wing declared the female body is not for sale and cannot be bought...
https://knews.kathimerini.com.cy/en/news/finmin-delves-into-details-of-new-more-targeted-measures
Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....
https://knews.kathimerini.com.cy/en/news/house-passes-bills-mitigating-pandemic-repercussions
The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/covid-19-outbreak-both-a-curse-and-a-blessing
The coronavirus pandemic in Cyprus has come as both a curse and a blessing, as it forced authorities to move with unprecedented speeds toward a digital transformation, Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos said Thursday....
https://knews.kathimerini.com.cy/en/news/more-cypriots-ditch-cash-during-pandemic
Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show
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