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571. Jho Low wanted to be a Cypriot banker

A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...

572. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

573. No fly on the wall during Brussels meeting

Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan meet Monday in Brussels where they are attending a NATO Summit, with reports saying the two leaders at some point plan to have only their interpreters in the room...

574. Cyprus et al kept off UK’s green list

A last minute Cypriot campaign in the United Kingdom to secure quarantine-free travel to the island failed to yield results on Thursday, after Britain’s choice to go the extra cautious route affected many countries, with the island now focusing on Russia, its second largest market, to keep summer hopes alive...

575. Legal battle heats up in golden passports

The top two chief law enforcers in the Republic of Cyprus are taking the parliament to court over a resolution, in which members called on the two officials to recuse themselves in the golden passport probe after raising conflict of interest issues...

576. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

577. Cyprus tackles Russian Question as time flies

Thousands of cancelations from Russia to Cyprus in just a matter of hours are testing the island’s response to the health crisis, with companies pushing their programs later in the summer pending improvement on the pandemic front...

578. Man in witness protection gunned down

A man who was in the witness protection program was killed Monday night on a coastal road in Larnaca, after his vehicle was riddled with bullets in what is believed to be a mob-style hit...

579. Cyprus mounting efforts to get Sputnik V vaccine doses

Deliberations between Cypriot and Russian health authorities are moving along as the island is scrambling to ensure that it will get the desired sum of 100,000 doses of the Sputnik V vaccine as soon as it gets the thumbs up from the European Medicines Agency...

580. Cyprus expecting 60,000 Covid doses this week

581. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

582. UK variant gaining ground in Cyprus

Health Minister Constantinos Ioannou expressed concern over the spread of the British coronavirus variant in Cyprus, issuing a fresh call to the public to comply with measures in place to contain the pandemic so that "the worst scenario can be averted."...

583. EU nips green pass debate in the bud

The EU's plan to get people traveling again with a Green Pass is expected to defer to member states on key decisions, such as whether to accept Russian and Chinese vaccines in the program...

584. Cyprus says no to COVID home test kits

The government in the Republic of Cyprus has approved access to home test kits for COVID-19, but the use of an antigen non-invasive test using saliva is not on the approved list per health ministry policy...

585. Florida giant denies Huawei in Cyprus

An American company has put words into action in the middle of global 5G wars, with Phoenix Tower International and Monaco Telecom announcing an agreement that includes acquiring newly constructed wireless towers across Malta and Cyprus...

586. Traditional Cypriot restaurants to get state boost

Deputy Tourism Minister Savvas Perdios announced on Wednesday that the Cabinet had approved a special grant scheme of the order of 420,000 euros in support of restaurants offering Cypriot cuisine, in a bid to help improve the image of traditional local gastronomy....

587. Turkey reportedly purchases fourth drillship

Turkish media on Tuesday were reporting the purchase of a fourth drillship by the government in Ankara....

588. 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...

589. Turkish minister says US behind 2016 failed coup attempt

Turkey's interior minister accused the United States on Thursday of being behind a 2016 failed coup that Ankara has blamed on a US-based Muslim preacher, the Hurriyet daily reported, at a time when Turkey is seeking improved ties with its NATO ally....

590. 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...

591. 15 law firms being audited for involvement in 'golden passports'

Interesting new details on the involvement of law firms in the island’s disgraced citizenship-by-investment programme were presented before the Investigative Committee by the head of the Cyprus Bar Association, Christos Clerides....

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

593. EU asks AstraZeneca to publish contract

The European Union is asking AstraZeneca to publish the contract it signed with the bloc on Covid-19 vaccine supplies, an EU official said on Wednesday, in an escalation of the row over delivery delays...

594. 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...

595. Greece, France to sign $2.8 billion fighter jet deal

Greece is due to sign a 2.3 billion-euro ($2.8 billion) deal with France on Monday to purchase 18 Rafale fighter jets as tensions grow with neighbor Turkey....

596. 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....

597. Cyprus places vaccine rollout hopes on AstraZeneca approval

A steady flow of the required number of vaccines depends on the EU’s approval of the AstraZeneca coronavirus vaccine, the Cypriot Health Minister Constantinos Ioannou said Friday. ...

598. SMS system returns as Cyprus enters three-week lockdown

Cyprus Health Minister Constantinos Ioannou announced the new restrictions agreed upon by the Cabinet on Friday, which include a clampdown on unnecessary movements, and social and professional gatherings....

599. Folli Follie report unveils 17-year scam

The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers. ...

600. Ankara tries to open Jerusalem channel

In a bid to create rifts in Israel’s alliances with Greece and Cyprus, Turkey is reportedly trying to open channels with Tel Aviv through proposals officially submitted by retired rear admiral Cihat Yayci, architect of Ankara’s expansionist Blue Homeland doctrine and its maritime borders pact with Libya. ...