Elias Hazou

The leaders of the two largest opposition parties met on Tuesday to sound each other out ahead of the 2023 presidential elections, while other such exploratory discussions are scheduled for this ...

A number of Ukraine-based companies have expressed an interest in headquartering their business in Cyprus, according to the Employers and Industrialists Federation (Oev). Speaking to news outlet Stockwatch, Oev’s ...

Cyprus has been named in an internal lending scam and money laundering scandal involving Ukrainian lender Privatbank, nationalised in 2016. In a case filed with the District Court, Southern District of ...

The Financial Ombudsman on Monday complained that the agency will not be able to perform their functions after the government slashed their budget by a considerable margin. Ombudsman Pavlos Ioannou ...

Main opposition Akel have hammered the government over its decision to shutter Tanzania-based FBME bank some seven years ago, following a court ruling here last week that said the decision ...

A squabble broke out in parliament on Thursday over the high cost of electricity in Cyprus that are choking the public, with the opposition blaming the administration for ineptitude and ...

Russian state-owned VTB Bank (PJSC) has transferred all its shares in RCB Bank to Cypriot shareholders, making RCB a 100 per cent Cypriot-owned bank. VTB transferred to the Cypriot shareholders the 46.29 ...

Authorities said Thursday that as a precaution they were taking heightened security measures around embassies and other buildings in Nicosia due to the crisis in Ukraine. Police spokesman Christos Andreou ...

Deputy Minister for Tourism Savvas Perdios has reportedly assured the tourism industry that the government is devising a contingency plan in the event of a flare-up in Ukraine and possible ...

Health Minister Michalis Hadjipantelas on Tuesday announced an action plan to tackle bad practices within the national health system (Gesy), asserting that despite its problems the system is not only ...

Larnaca criminal court on Tuesday imposed a €76,000 fine on WiSpear Systems Limited, a company selling surveillance systems, over the ‘spy van’ affair that broke out in late 2019. The company was ...

Six out of ten businesses have experienced a decline in turnover over the past year, with 68 per cent stating in a survey their dissatisfaction with the extent of government assistance ...

Lawmakers on Monday harangued the military for what they called ongoing discrimination against female personnel, urging the defence ministry to end ‘gender-based’ inequality and immediately abide with recommendations issued by ...

The state-run broadcaster CyBC on Monday conceded it has financial and other problems, but promised to “modernise” so as to keep up with trends in news and infotainment. The corporation’...

As non-urgent surgeries set to resume ‘clinical picture of patients has deteriorated’ With the coming relaxations on Covid-related restrictions, non-urgent surgeries will resume as of February 28 in public and private ...

After four years of back-and-forth, and following a lengthy debate on the House floor, parliament on Thursday passed a law establishing an anti-corruption authority. The five-member authority, selected by the ...

Police on Friday will release without charging two suspects in the case of the murder of 53-year-old Andreas Evangelou that took place in Larnaca last December. According to the Cyprus ...

Gesy contributions will need to go up by 20 to 30 per cent unless procedures change Sparks flew in parliament on Thursday during a debate on the state of Gesy – the national ...

Opposition parties on Monday stayed unsatisfied with tweaks to a government bill regulating the access to borrowers’ data by companies buying loan portfolios and debt administrators. Although the bill will ...

The government and the opposition traded barbs on Monday over whose fault it is that Cyprus has come under the European Commission’s scrutiny over its VAT policy on primary ...

For this year the state-run power corporation estimates it will spend €183 million on purchasing greenhouse gas emissions allowances, while the cost of fuel purchases is projected at €485 million. The numbers ...

Following around four years of discussions, a bill creating an anti-corruption authority will finally go to the plenum this week, with an MP saying the outfit will establish Cyprus’ bona ...

The new sports stadium in Limassol will cost taxpayers almost triple what it was initially priced at, MPs heard on Thursday. At the House watchdog committee, Marios Petrides of the ...

Police on Thursday took one more person in custody in connection with the gangland-related murder of 53-year-old Andreas Evangelou last December. The latest person to be arrested was a 25-year-old ...