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871. 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...

872. In Paris visit, Greek, French ministers agree to boost investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

873. Driver in head-on crash dies in hospital

A young footballer, who was critically injured last week in a road accident, passed away on Thursday after his parents took the end-of-life decision...

874. Large boat with refugees reaches Cyprus

Over a hundred presumptive refugees from Syria reached the eastern coast of Cyprus on Tuesday, including women and young children...

875. PwC Cyprus tax guide 2020 now available

The practical guide provides general information about Cyprus’ tax system as it is based on current Cyprus legislation and practice and includes the most recent changes in our direct and indirect tax laws...

876. Local man dies in Nicosia suburb crash

A male driver from Nicosia was killed in a road accident after his car collided head on with another vehicle near a road bridge between Nisou and Pera Chorio...

877. Cypriot police zero in on ‘ecstasy warehouse’

Cypriot police were said to be zeroing in on a possible location in Limassol, where 645 kilos of ecstasy are believed to have been stashed inside barbeque grills that were exported and later seized by authorities in Australia...

878. Cars trapped during Troodos snowstorm

Driving conditions were improved in many areas on Friday, while many mountain roads remained slippery a day after many cars were trapped in snow on Boxing Day...

879. Turkey warns US over Cyprus arms embargo

Ankara has warned Washington that an impending lift of a US arms embargo on the Republic of Cyprus is a “dangerous escalation” that would hamper efforts to reach a peace settlement on the divided island...

880. US arms embargo to be lifted on conditions

President Donald Trump will have discretion over a current US arms embargo imposed on Cyprus, as both Senate and House conferees have reached an agreement on the defence budget for next year...

881. CITR Cyprus calls for modern insolvency rules

882. Uncertainty reigns across international tax landscape

883. 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....

884. Large group of refugees reaches Cyprus

A boat carrying over 120 refugees reached Cyprus on Wednesday, with reports saying most were Palestinians from Syria...

885. Man sought by police injured in free fall

A young man who was being sought by police is in critical condition after a free fall from the rooftop of a building in Limassol...

886. 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 ...

887. Chavez daughter got funds through Cyprus

More allegations of money laundering implicate Cyprus with a special report saying a Florida account accessed by the daughter of late Venezuelan president Hugo Chavez had money transfers from a bank on the island...

888. Speed boat intercepted in latest refugee arrival

Coast guard officials arrested two suspects after giving chase to a fleeing speedboat on Monday, in connection with the arrival of another boat that carried 131 undocumented migrants to northwestern Cyprus...

889. Abuse probe in baby skull fracture dropped

A two-week-old infant’s head wound turned out to have been caused by a neonatal condition, with police terminating their investigation into suspected abuse and both parents based in Limassol being cleared of suspicion...

890. Teachers in the north up in arms over hijab

Turkish Cypriot educators in the north are up in arms over the appointment of a teacher who showed up at her school wearing a hijab...

891. Cypriot jihadist taken into US custody

A jihadist terrorist of Cypriot origins was reportedly taken out of Kurdish custody just as Turkey was initiating its ground offensive in Syria, with the US president saying “dangerous ISIS fighters” are in secure locations...

892. Court orders return of girl's body for burial

The funeral of a little girl who went into cardiac arrest during a dental procedure was to go forward Wednesday according o plan following a judge’s decision to reject a police request for a post mortem against her parents’ wishes...

893. State blocks funeral of little girl

The funeral of a four-year-old girl who passed away in hospital on Tuesday has been reportedly blocked by state officials, following a legal request for a post mortem...

894. Security Council to address Varosha

A UN press release is expected on Wednesday in response to the Republic of Cyprus’ resort will resort to the Security Council over Turkey’s moves concerning Varosha...

895. Woman slams Cyprus after mom’s death

A petition online is calling on insurance companies to recognize the north as a legal entity, following a British woman’s death in Cyprus and her daughter’s ordeal trying to cut through red tape between the two divided communities...

896. Cyprus resorts to UN Security Council over Varosha

In statements to the press late on Friday after having completed all his meetings on the sidelines of the UN General Assembly, President Anastasiades expressed his satisfaction about the outcome of his “interesting and extremely important” meeting with the UN Secretary General Antonio Guterres and the understanding with which Cyprus’ positions were received by the five Security Council permanent members. ...

897. Two dead in Greek migrant camp fire

A mother and child died in a fire started by rioting migrants at the identification and reception center of Moria on the southeastern Aegean island of Lesvos on Sunday, the state-run Athens-Macedonian News Agency has reported...

898. Cyprus fiscal surplus at 4.3% of GDP

Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus. ...

899. Trial for doctors in student’s death pushed back

The defence lawyer of one of two doctors accused of gross negligence in the death of a student has asked for time to review evidence, following the completion of a long-drawn medical probe...

900. Anastasiades to address the UN General Assembly

Cyprus President, Nicos Anastasiades, is expected to send on Thursday, during his speech at the 74th session of the UN General Assembly, in New York, messages to the United Nations and the international community about the Greek Cypriot side’s readiness for the resumption of the negotiations on the Cyprus problem, with a view to reach a just, viable and functional settlement, on the basis of a bi-zonal, bi-communal federation. ...