Search

541. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

542. British Airways suffers embarrassing data breach

Financial information of potentially hundreds of thousands of British Airways customers has been stolen, during a data breach affecting online payments made through the UK flagship carrier’s website...

543. Hellenic takes on 400,000 new customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

544. Cyprus-based company bids for Serbian copper

A Cyprus-based company is among three bidders trying to strike a partnership with Serbia’s only copper mine and smelter...

545. Over a thousand employees choose Co-Op buyout

Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...

546. Customers duped by Larnaca travel agent

Police are searching for a Larnaca woman following over a dozen complaints from people who say they were duped by a travel agent into pre-paying for their holiday packages...

547. Hot weather still a Cyprus gold mine

Inbound visitors drawn to the island spend more money than what outbound locals spend overseas, and a study says it is because of the warm climate...

548. Cyprus Tax Webcast July 2018

Watch the new Deloitte Tax Webcast for July 2018 presented by Mr. Pieris Markou, Deloitte Tax & Legal Services Leader...

549. Larnaca resident behind global online scam

A global network of online scammers has been dismantled, with the brain of the operation arrested in Larnaca in connection with €18 million worth of damages caused by internet fraud...

550. Search continues as wildfires death toll climbs to 80

Rescue crews Wednesday continued to search the seaside areas northeast of Athens that were the worst affected by wildfires to locate any further victims, as the official death toll rose to 80...

551. Johnson pushes the eject button right after Davis

Two leading eurosceptic ministers have quit British Prime Minister Theresa May’s cabinet, calling into question her ability to deliver the vision of continued close ties with the European Union that she said they had agreed to last week...

552. Citizen Service Centres cancel Monday strike

The Citizen Service Centres around the island will not be closed Monday morning after all, but employees say they are swamped with MIG welfare recipients and so they will accept application forms but won't not answer MIG questions...

553. Leoni Paraskevaides takes over J&P Overseas

There are new developments in the J&P Overseas saga in Riyadh, with the Cypriot company solidifying its leadership following an internal and legal battle that now appears to be over...

554. House prepares to define good and bad borrowers

The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...

555. Holiday Inn Nicosia under new ownership

Holiday Inn Nicosia is coming under new ownership, after Greek company NBG Pangaea shelled out two thirds of the total price of €11.2 million...

556. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

557. Government throws Co-Op ball in Hellenic’s court

The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...

558. UK Court convicts Cypriot drug lord’s mother

A UK court has convicted a Cypriot woman, mother of a drug lord in Cyprus, of talking part in an illegal drug trafficking network by making trips around London to collect money on her son’s behalf...

559. Debt collectors to go after unpaid electricity bills

The Cyprus Electricity Authority is resorting to private debt collectors to go after unpaid bills, following criticism that the organisation lost €65 million in late payments or defaulted accounts...

560. Turkey cries foul over Loizidou case

Turkey says it will no longer attend the Committee of Ministers at the Council of Europe until the Titina Loizidou case file is officially closed, citing €1 million payment to her back in 2003...

561. Unmarried paternity leave not signed into law

President Nicos Anastasiades has not signed a newly-passed law on paid paternity leave for unmarried fathers, sending it back to the House primarily on constitutional grounds while opposition sees more reasons behind it....

562. Cypriot mother-son duo involved in illegal drug entreprise

Two Cypriots, mother and son, are involved in a case of international illegal drug trafficking, with UK authorities saying the woman in London was making trips to collect money on her son’s behalf...

563. Turkey pays Greek Cypriot damages over property in north

Turkey has paid, through the Council of Europe, a Greek Cypriot non – pecuniary damages, plus legal expenses, in addition to VAT in the order of €14,526.75 in line with a European Court of Human Rights (ECHR) judgment...

564. Paphos mayor says property pillage still rages on

Paphos Mayor Phedonas Phedonos believes the “pillage” of Turkish Cypriot properties in the south is still alive and well, just as the government says it is taking action to ensure fairness for all involved...

565. Trump reimbursed attorney who paid-off porn star

President Donald Trump acknowledged for the first time in an ethics disclosure that he repaid more than $100,000 to former personal attorney Michael Cohen, renewing questions about Trump’s ties to porn star Stormy Daniels...

566. Property owners turn to Strasbourg over IPC ineffectiveness

Greek Cypriots with property in Turkish-held in Famagusta and Kyrenia, call on the Council of Europe to look into their cases, due to the ineffectiveness of the immovable property commission (IPC) which has no jurisdiction in properties located inside “military areas”....

567. Trump lawyer took money from firm linked to Russian oligarch

An attorney for porn star Stormy Daniels said that Donald Trump’s lawyer, Michael Cohen, was paid $500,000 by a company with ties to a Russian oligarch who was hit last month with US sanctions to punish Moscow for activities that included suspected meddling in the 2016 US election...

568. Minister contemplates requisition in Paphos bus strike

The Transport Ministry is considering a tough response to the ongoing bus strike in Paphos, including a possible order for requisition to put an end to the saga affecting thousands just before student exams...

569. Greek foreign minister dismayed by Greece’s 'vilification' in Cyprus court

Greek Foreign Minister Nicos Kotzias told the Nicosia District Court on Monday that it is a shame that his country and the Church cannot solve amicably a legal dispute over a land transfer...

570. It seems Trump paid off women to keep their secrets silent

Donald Trump’s attorney, Rudy Giuliani, said on Sunday he would not rule out the possibility that payments were made to women other than porn star Stormy Daniels to get them to stay silent about allegations against Trump...