Fiscal Council highlights dangers of over-reliance on construction sector
Reliance on construction can backfire on the Cypriot economy in the event of another global downturn, the Fiscal Council has cautioned. “The risk exists that...
Elias Hazou
Data protection fears raised over push to name ‘golden visa’ applicants
Data protection commissioner Irini Loizidou Nicolaidou said on Monday she is opposed to a blanket publication of the names of foreign nationals applying for naturalisation...
Workers at Co-op subsidiary go on strike
Some 250 workers at the Cyprus Asset Management Company (Kedipes) and its affiliate Altamira, a real estate company, staged a 24-hour strike Monday, a shot...
Investigation into Audit Office employees who set up illegal company
A police probe is underway into suspected malfeasance by officials employed at the Audit Office, after the Audit Office itself discovered some of its employees...
Disy completes contacts in Brussels to squash direct trade regulation
A delegation of ruling Disy, led by party leader Averof Neophytou, completed their contacts in Brussels on Thursday in a lobbying drive to keep suppressed...
Cyprus: Eni concerns over warships ‘to be expected’, Ozersay says Turkey’s strategy ‘paying off’ (Update 2)
Government sources on Thursday played down remarks by the CEO of an Italian energy firm who said his company would not drill off Cyprus if...
Attorney-general concerned proposed changes to appointments are unconstitutional
Attorney-general (AG) Costas Clerides said Wednesday he was not in principle opposed to term limits for the position of AG and deputy AG, but opined...
Last-ditch bid to salvage EuroAsia Interconnector
Cypriot officials and energy regulators were said to be in Athens on Tuesday in a last-ditch bid to ‘salvage’ the EuroAsia Interconnector, a planned subsea...
Working together for regional peace
Greece and Egypt lent their support to Cyprus on Tuesday, calling on Turkey to cease its “provocative actions” in the eastern Mediterranean, including prospecting for...
Napa and Polis mayors pressured over illegal extensions to hotels
The mayor of Ayia Napa pledged on Monday that municipal authorities will ensure the bulldozing of illegal extensions made to a local hotel whose owners...
Trickle of applicants for mortgage relief scheme but thousands were expected
Only about 100 fully completed applications have been submitted so far by individuals for the ‘Estia’ mortgage relief scheme, a far cry from the theoretically...
Cutting investment red tape: is it third time lucky?
For years officials have talked of the need to curb red tape standing in the way of investments. But the establishment of a ‘One Stop...
Complex application process stymying mortgage relief scheme
The Estia mortgage-relief scheme appears to be moving at a snail’s pace as most applications filed are incomplete while not a single application has yet...
€3m from citizenship-by-investment scheme expected by end of year
The Land Development Corporation (KOAG) said Tuesday it expects to generate some €3m in funds by the end of the year from the government’s citizenship-by-investment...
Land department denies nefarious goings-on over land valuations
State land is not underestimated, nor is the land registry engaged in some scam to swap state properties for lower-valued private properties for...
‘You don’t give a damn’, MP blasts finance minister
TEMPERS flared in parliament on Thursday after an MP accused finance minister Harris Georgiades of ‘not giving a damn’ about the wave of bank branch...
MPs want health hazard study prior to allowing 5G
LEGISLATORS on Thursday called for an independent study into the potential health hazards of 5G before the cellular network technology is fully rolled out. The...
Parties reach consensus on vacant House seats
Political parties appear to have reached consensus on how a parliamentary seat should be assigned in the event it is vacated or not claimed, either...
‘Dozens of rural communities left without banking services’
MAIN opposition Akel has again highlighted the issue of the ongoing closure of bank branches formerly operated by the Cyprus Cooperative Bank (CCB) and since...
Municipalities squabbling over waste management fees
The ministry of agriculture offered to mediate on Monday in a financial dispute over waste treatment fees pitting the district council of Larnaca and Famagusta...
