https://knews.kathimerini.com.cy/en/news/cyprus-records-deficit-of-€800-million-in-q2-due-to-covid-19-impact
Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....
https://knews.kathimerini.com.cy/en/news/commission-slams-cyprus-over-passports-mulls-infringement-procedures
The European Commission expressed “disbelief” over new revelations concerning Cyprus’ investment for citizenship scheme, saying that the body is looking into infringement procedures for Nicosia.
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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/comment/opinion/the-cypriot-aspect-of-the-eastern-mediterranean-crisis
A few days ago, the leader of the Turkish Cypriot community made an important statement, involving the future of the Cyprus Problem. At a time when Greek-Turkish relations are highly tense, and just before the withdrawal of the Oruc Reis from the waters of the eastern Mediterranean, Mustafa Akinci announced that a new conference on the Cyprus Problem is imminent....
https://knews.kathimerini.com.cy/en/news/politics-turn-ugly-over-cyprus-papers
The main left party opposition in the Republic of Cyprus is firing back at the government, after reports emerged over threats and a confidential letter about Cypriot golden passports a decade earlier...
https://knews.kathimerini.com.cy/en/news/cabinet-throws-ball-in-attorney-general-s-court
Cypriot President Nicos Anastasiades is calling on the state’s attorney general to appoint yet another committee to probe golden passport applications to settle a dispute between the auditor general’s office and the interior ministry over the “Cyprus Papers”...
https://knews.kathimerini.com.cy/en/news/cyprus-golden-passports-under-more-scrutiny
A foreign investigative report says leaked documents from the Republic of Cyprus suggest the island’s government violated its own rules in granting “golden passport” citizenships, with Cypriot officials denying the accusations and raising credibility issues over the report...
https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms
It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...
https://knews.kathimerini.com.cy/en/business/an-arts-corporate-social-responsibility-initiative-by-pafilia
Specifically, Pafilia will create a website onto which artists who wish to participate in this initiative can upload their work, thus creating an easily accessible online exhibition. ...
https://knews.kathimerini.com.cy/en/news/eu-summit-breaks-up-after-all-night-talks-to-resume-later
A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....
https://knews.kathimerini.com.cy/en/news/repair-and-prepare-eu-unveils-€750-bln-plan-for-coronavirus-recovery
The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....
https://knews.kathimerini.com.cy/en/news/greece-pledges-€3m-to-covid-19-vaccine-fundraiser
Greece is among dozens of nations that will help bankroll research into new treatments and a vaccination against the deadly novel coronavirus, pledging 3 million euros to the cause during a fundraising event on Monday....
https://knews.kathimerini.com.cy/en/business/cypriot-food-blogger-drives-passion-home
As we experience these hard times it is difficult to identify, let alone rejoice the blessings COVID-19 will bring with it. One of them is going back to beautiful habits and rituals of home cooking which are all about togetherness...
https://knews.kathimerini.com.cy/en/business/corporate-social-responsibility-and-corporates-response-to-covid19
The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...
https://knews.kathimerini.com.cy/en/news/fourth-italian-dies-from-coronavirus-in-worst-flare-up-outside-asia
A fourth person infected with the coronavirus has died in Italy, officials said on Monday as the government struggled to contain an outbreak of the illness and financial markets slid on fears over the economic impact....
https://knews.kathimerini.com.cy/en/news/greek-pm-meets-with-five-eu-leaders-over-bloc-s-budget
Greek Prime Minister Kyriakos Mitsotakis held talks in Brussels on Friday with the leaders of Germany Angela Merkel, France Emmanuel Macron, Spain Pedro Sanchez, Italy Giuseppe Conte and Portugal Antonio Costa in a bid to break a deadlock in negotiations for the European Union’s 2021-2027 budget....
https://knews.kathimerini.com.cy/en/news/what-was-that-all-about-trump-mocks-oscars-winner-parasite-video
US President Donald Trump has hit out at the Oscars for awarding Best Picture to Parasite, a dark South Korean comedy about class struggle and wealth inequality....
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/president-s-air-travel-under-scrutiny
Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...
https://knews.kathimerini.com.cy/en/news/british-voters-head-to-the-polls
Voters go to the polls on Thursday in an election that will pave the way for Brexit under Prime Minister Boris Johnson or propel Britain toward another referendum that could ultimately reverse the decision to leave the European Union...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/jho-low-movie-gaining-popularity
A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...
https://knews.kathimerini.com.cy/en/news/minister-says-cyprus-has-turned-the-page-on-passports
Cyprus’s finance minister acknowledged on Tuesday that some mistakes were made in offering citizenship for investment after disclosures about beneficiaries triggered uproar on the Mediterranean island...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/protesters-descend-on-london-as-brexit-showdown-unfolds
Anti-Brexit protesters on Saturday used a bizarre array of humor to lampoon Britain’s leaders, casting Prime Minister Boris Johnson’s chief adviser as a manipulating devil behind a divorce that was the work of a privileged few...
https://knews.kathimerini.com.cy/en/news/cambodia-s-elite-exposed-through-cypriot-documents
Golden visas are back in the news following reports that members of the Cambodian elite received or applied for Cypriot passports, with Reuters raising questions over the citizenship by investment programme...
https://knews.kathimerini.com.cy/en/news/pompeo-opts-for-diplomavy-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...
https://knews.kathimerini.com.cy/en/news/uk-deplores-any-drilling-in-the-waters-close-to-cyprus-supports-cyprus-right-to-extract-oils
Britain deplores any drilling in the waters close to Cyprus and supports Cyprus’ right to extract oils in its Exclusive Economic Zone, British Minister for Europe Christopher Pincher, said on Friday, adding at the same time that the oil wealth should be extracted for the benefit of all Cypriots on the island of Cyprus....
https://knews.kathimerini.com.cy/en/news/president-flies-back-amid-criticism
The president of the Republic of Cyprus flew back to Larnaca on Monday following a private plane incident in New York, while political opponents are seeking clarification over his travel arrangements...
https://knews.kathimerini.com.cy/en/news/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.
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