https://knews.kathimerini.com.cy/en/news/establishments-busted-after-flouting-covid-rules
Police got busy over the weekend after officers busted a secret operation at a nightclub in Larnaca and a football watch party at a café in Limassol, with fines issued both to owners and customers...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe
Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....
https://knews.kathimerini.com.cy/en/comment/opinion/smoothening-the-cliff-edge-in-eu-uk-relations
The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....
https://knews.kathimerini.com.cy/en/news/nicosia-police-investigate-midtown-explosion
Nicosia police are investigating an explosion incident in midtown area, with reports saying a hand grenade was thrown into the building of an insurance company...
https://knews.kathimerini.com.cy/en/news/‘no-going-back-on-varosha-decision
Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...
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/news/golden-passports-pushed-forward-in-commission-agenda
After the Al Jazeera revelations, the Cyprus Investment Program is being pushed into the European Commission’s discussion agenda....
https://knews.kathimerini.com.cy/en/news/game-plan-to-circumvent-passport-rules
Meme culture enthusiasts in Cyprus upped their game this week following a passport scandal reported by Al Jazeera, with catchphrases such as “this is Cyprus” and name dodging tricks seen in a secret video prompting media to spot five ways a lawyer could circumvent the system in the golden passport scheme...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-revocation-of-seven-citizenships
The Cabinet on Wednesday gave the green light for the initiation of the process for the revocation of Cypriot citizenship granted to seven persons through the Investment Program.
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https://knews.kathimerini.com.cy/en/news/wealthy-britons-turn-to-cypriot-citizenship
Interest in additional citizenships by British entrepreneurs is rising even as the European Commission examines possible steps to curb EU states selling passports and visas to wealthy foreigners, due to concerns it can help organized crime groups...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-glimmer-of-hope-with-chevron
The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...
https://knews.kathimerini.com.cy/en/news/house-president-calls-for-suspension-of-golden-passports-scheme
House President Demetris Syllouris has formally suggested to President Nicos Anastasiades that the Cyprus citizenship-by-investment scheme is paused until decisions for its improvement or even complete termination are taken, and called for a meeting of party leaders to discuss the scheme that has recently attracted international attention after a document leak led to a series of articles and videos published by the media network Al Jazeera....
https://knews.kathimerini.com.cy/en/news/eu-mulls-legal-action-against-cyprus-golden-passports
The foreign media network Al Jazeera, that has this week been publishing a series of articles and videos on the murky side of the Cyprus ‘golden passports’ program after it was leaked classified documents, reported that the European Commissioner for Justice Didier Reynders is looking into the possibility of legal action against Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/buyer-s-market-and-herd-immunity
The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...
https://knews.kathimerini.com.cy/en/news/amid-tensions-with-turkey-greece-in-joint-manoeuvres-with-france
Amid ongoing tensions with Turkey over disputed waters in the eastern Mediterranean, the French military conducted training exercises with Greek forces on Thursday off the southern island of Crete, including in the maritime area reserved by Turkey’s Navtex earlier this month for seismic exploration....
https://knews.kathimerini.com.cy/en/news/cyprus-on-alert-as-chevron-snaps-noble
The acquisition of Noble Energy by Chevron is a development that may affect the development of the "Aphrodite" deposit, the Cypriot energy minister has said...
https://knews.kathimerini.com.cy/en/news/israel-approves-pipeline-deal-to-sell-gas-to-europe
The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/outdoor-concerts-theater-performances-to-be-permitted-from-july-1
Cyprus’ positive epidemiological course paved the way for the Health Ministry to expedite the easing of restriction measures, with outdoor concerts and theatre performances to be permitted to take place as of July 1....
https://knews.kathimerini.com.cy/en/news/greek-police-searching-for-cyprus-victims-of-bogus-doctor
Hellenic Police (ELAS) investigators are searching for Cyprus residents who may have fallen victim to a 47-year-old man who stands accused in Greece of posing as a health specialist and who possibly contributed to the death of three cancer patients, including two teenagers....
https://knews.kathimerini.com.cy/en/news/remdesivir-set-to-become-europe-s-first-covid-19-therapy
Doctors in Europe will soon be able to treat COVID-19 patients with Gilead’s antiviral drug, remdesivir, after the healthcare regulator’s endorsement put it on track to become the first therapy for the disease on the continent....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/cyprus-human-egg-trade-market-returns-to-spotlight
The illegal trade of human eggs in Cyprus returned to the limelight during this week’s House human rights committee, with MPs expressing concern over a growing market in which female students are prime targets....
https://knews.kathimerini.com.cy/en/news/evidence-destroyed-in-edek-probe
A political party in the Republic of Cyprus is at the centre of a new investigation into possible obstruction of justice, after it emerged that important evidence into an ongoing probe had been destroyed...
https://knews.kathimerini.com.cy/en/news/new-chapter-in-store-for-old-orphanides-mall
The Bank of Cyprus is reportedly sounding out the government on a potential mega deal in west Nicosia, with ideas thrown around for the old Orphanides Mall to become a business centre or a medical facility...
https://knews.kathimerini.com.cy/en/news/empty-middle-seat-depends-on-which-country-you-are-flying-in
In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it’s not mandatory for airlines to leave the middle seat open....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-sells-its-most-expensive-home
Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...
https://knews.kathimerini.com.cy/en/news/cyprus-police-pick-up-pace-in-spy-van-probe
The surveillance company executive at the centre of a high profile spy van case in Cyprus is expected to give a police deposition as early as Tuesday, with reports saying the former Israeli intelligence officer insists he never broke the law...
https://knews.kathimerini.com.cy/en/news/1-government-revising-price-cap-on-antiseptics-masks
The government announced on Monday that it was revising the price cap it placed last month on antiseptics and surgical masks, as growing international demand is constantly bringing price fluctuations resulting in local shortages....
https://knews.kathimerini.com.cy/en/news/coronavirus-derails-southern-europe-s-clean-up-from-the-last-crisis
This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....
