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1081. Mixed reviews on anti-money laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

1082. Cyprus says it cannot cope with migrant influx

The interior minister of the Republic of Cyprus says the island cannot host more “economic migrants” as another boatload of refugees arrived on Tuesday, clarifying that authorities would not send back those whose lives may be in danger...

1083. Ambitious national tourism strategy already in motion

Cyprus’ national tourism strategy, containing a set of predefined goals for each year until 2030, is already being implemented, Deputy Minister of Tourism, Savvas Perdios, said on Tuesday....

1084. InvestCyprus creates specialized unit to help achieve 2030 tourist targets

InvestCyprus, the island’s organization responsible for attracting foreign direct investment, announced the creation of a specialized unit in a bid to facilitate efforts to achieve Cyprus’ National Tourist Strategy for 2030, which aims at attracting 5 million tourists by 2030....

1085. One in four in Cyprus at risk of poverty

Some 200,000 persons (23.9 per cent of the Cyprus population), or one in four, are at risk of poverty, participants of a two-day discussion in Nicosia organized by Cyprus and EU-wide anti-poverty networks heard....

1086. Shipping Deputy Minister calls for action to maintain competitiveness of European Shipping

Cyprus' Shipping Deputy Minister Natasa Pilides underlined "the need to maintain the competitiveness of European Shipping," during the debate on trade and competitiveness at a conference held within the framework of the European Maritime Week, in Brussels....

1087. Bank of Cyprus 'Best Bank for Private Banking'

Bank of Cyprus has been named as the “Best Bank for Private Banking” in Cyprus by the internationally reputable magazine “Euromoney”, for the 5th consecutive year...

1088. Cyprus Shipping Chamber backs EU Shipping Industry positions on EU Green Deal

The Cyprus Shipping Chamber expressed its fully supports the EU Shipping Industry’s positions on the EU Green Deal, noting that the shipping industry is fully committed to eradicating its GHG emissions completely as soon as possible in this century. ...

1089. Cyprus taps into Europe’s mountain know-how

Cyprus is hosting a European conference on mountain areas of large Mediterranean islands, hoping to gain valuable information and know-how from countries with a long tradition in managing mountain area policies...

1090. Businesses must address digital fatigue and consumer privacy

1091. Bank of Cyprus revises Privacy Statement

Bank of Cyprus has revised its Privacy Statement relating to the processing of personal data of natural persons...

1092. Family businesses should trust next generation leaders

1093. Baker Tilly Cyprus Release New 2020 Tax Guide

1094. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

1095. EastMed bill squeezed through federal budget

US Senator Bob Menendez on Monday applauded a bipartisan deal on federal government spending that is comprised of 12 appropriations bills, including legislation shaping American strategy in the Eastern Mediterranean...

1096. Johnson on course to deliver swift Brexit

Prime Minister Boris Johnson won a resounding election victory on Friday that will allow him to take Britain out of the European Union in matter of weeks...

1097. Uncertainty reigns across international tax landscape

1098. 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....

1099. New EU health commissioner readies plan

Cyprus’ new Commissioner to the European Commission Stella Kyriakides has outlined the goals and priorities for the Health and Food Safety portfolio at a meeting held on Wednesday with Cypriot journalists...

1100. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

1101. Cypriot FM bets on economic diplomacy

Economic diplomacy is indispensable, Minister of Foreign Affairs Nikos Christodoulides said on Wednesday, adding the Foreign Ministry has elevated economic diplomacy to one of its top priorities...

1102. Social determinants undermine the progress of modern medicine

The rise in illnesses caused by our behaviours and the social determinants of health threatens to suffocate budgets in both wealthy and poor countries, while suppressing the power of modern medicine to improve lives...

1103. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

1104. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

1105. Group calls for golden years national plan

A group advocating for better conditions for people in their golden years is calling for a national strategy to combat abuse of senior citizens and improve their lives...

1106. Johnson goads opponents to call election as tempers flare over Brexit

Waving his arms and yelling “come on, come on”, Johnson implored his opponents in a raucous House of Commons session to bring a vote of no-confidence in the government and trigger an election to finally break the Brexit impasse. ...

1107. Turkey disregards international law says Cyprus MFA

In response to the Statement of the Spokesperson of the Ministry of Foreign Affairs of Turkey (19/09/2019) concerning the hydrocarbon–related activities of the Republic of Cyprus in its exclusive economic zone (EEZ) /continental shelf, the Ministry of Foreign Affairs of the Republic of Cyprus notes: ...

1108. Coca-Cola Hellenic buys out Acque Minerali

Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments. ...

1109. US ambassador cautions Nicosia over 5G

Nicosia is feeling the pressure over 5G technology as the Republic is caught in an international tech war between superpowers, only months away from state-owned Cyta making a move to upgrade its network...

1110. Kyriakides up to the task for EU health

Cyprus’ EU Commissioner-designate, Stella Kyriakides, who has been selected as the new EU Health Commissioner, says she is ready for the challenge...