Search

1531. Cyprus 'golden passports' scheme a laundering risk, says watchdog

A European money laundering watchdog has cautioned that a secretive investment-for-passports programme run by Cyprus was vulnerable to money laundering and fraught with risk...

1532. Coronavirus emergency 'holds a very grave threat' for world, says WHO

China’s coronavirus outbreak poses a “very grave threat for the rest of the world,” the head of the World Health Organization (WHO) said on Tuesday in an appeal for sharing virus samples and speeding up research into drugs and vaccines, Reuters reported. ...

1533. British High Commission replies to British expats FAQ

The British High Commission in Cyprus compiled and replied to some of the most frequently asked questions by UK nationals in Cyprus, providing further clarity on what British expats living on the island can expect post-Brexit. ...

1534. Cyprus gets yellow warning ahead of cold blast

A wind advisory and a flood warning went into effect Friday, ahead of a cold weekend, with weather officials warning of gusty winds as an incoming cold front and high pressure battle it out...

1535. Football and Money Laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

1536. WHO declares a global health emergency

The World Health Organization has declared coronavirus a global health emergency, saying the fast-spreading virus has infected more than 8200 people across the world...

1537. Aksoy: Turkey will continue protecting T/C rights

Turkey’s ongoing survey and drilling activities off Cyprus aim at protecting the rights of Turkish Cypriots, a foreign ministry spokesman said Thursday, adding that “until these rights are guaranteed, Turkish Petroleum will continue to operate” in the areas licensed by the breakaway state....

1538. Little US-Turkish progress solving defenses row, Erdogan says

Turkish President Recep Tayyip Erdogan said on Wednesday Washington and Ankara had done little to solve a row over Turkey’s purchase of Russian defenses and its procurement of US fighter jets despite a November agreement, according to broadcaster NTV....

1539. Theocharis Lalacos appointed Greek Ambassador to Cyprus

1540. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

1541. Southern coast under flood watch

A weather alert went into effect Thursday night after midnight due to showers and thunderstorms affecting mainly the southern coast...

1542. Church plans for Kornesios House draw heat

Local controversy is growing over the Archbishop’s decision to turn a famous folk house museum in old Nicosia into a church museum for next year’s bicentennial celebrations of the Greek Revolution...

1543. Greek Premier asks Trump for support

US President Donald Trump hailed his country's "extraordinary" relations with Greece as he welcomed Prime Minister Kyriakos Mitsotakis at the White House on Tuesday...

1544. Cyprus under flood watch and wind advisory

A yellow warning has been issued for Cyprus due to very strong winds expected to make landfall on Monday, with chances of showers and thunderstorms throughout Sunday night expected to intensify over the next 24-hour period...

1545. Rainstorms sweep parts of Cyprus

Weather officials issued a yellow warning for Friday citing showers and isolated thunderstorms, with rain accumulation expected to reach high levels in specific areas...

1546. Cypriot-Israeli dispute out in the open

The Republic of Cyprus says development of Aphrodite’s natural gas reservoir will go forward as planned, after reports said a letter from Israel called on energy companies to halt operations until the two countries settled all pending issues...

1547. Leaked Turkey-Libya deal under scrutiny

A copy of a controversial maritime agreement between Turkey and Libya leaked to the press on Thursday after Ankara shared the memorandum with parliament ahead of a vote in the coming days...

1548. Armed patrols begin this weekend

Armed soldiers and police officers will very soon be holding joint patrols in downtown Nicosia, with the justice minister saying the measures are being taken to combat crime, terrorism, and illegal immigration...

1549. CITR Cyprus calls for modern insolvency rules

1550. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

1551. Rain back in the forecast

A low pressure system is affecting Cyprus with clouded skies and rain chances increasing gradually, while temperatures are expected to climb at the start of the weekend...

1552. North says flag burners in the south identified

Authorities in the north have alerted their officers at all checkpoints to be on the lookout for specific individuals in the south who were identified in a video during the burning of a Turkish Cypriot flag...

1553. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

1554. US affirm commitment to eastern Mediterranean

State Secretary Mike Pompeo underlined the commitment of the United States in the Eastern Mediterranean and the deepening of bilateral relations with the Republic of Cyprus on security...

1555. Armenian genocide resolution hits senate wall

A US resolution that would have officially described atrocities against Armenians in 1915 as genocide has stopped dead in its tracks on Wednesday, following a meeting between the Turkish president and a senator...

1556. Mogherini says EU stands with Cyprus

High Representative Federica Mogherini expressed the EU’s full solidarity with Cyprus in her closing statement in the European Parliament plenary discussing Turkey's drilling activities around the island...

1557. Battle of grievances in Akamas fire aftermath

Wednesday’s fires have been put out in Akamas national park, leaving behind an enormous environmental disaster but also allegations against groups ranging from local dissenters to hunters from the east coast...

1558. Remains of soldiers killed during 1964 Turkish bombing discovered in Pachyammos

The remains and personal items, possibly belonging to a number of National Guard soldiers, killed during the 1964 aerial bombardment of the Tylliria area by Turkey, have been discovered at the site of a former makeshift hospital in Pachyammos, Presidential Commissioner Photis Photiou has said....

1559. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

1560. Senator urges Trump to stand Erdogan up

US Senator Bob Menendez has called on President Trump to cancel any invitation to Recep Tayyip Erdogan to the White House until the Turkish President commits himself to upholding democratic values...