The two countries have raised billions of euros by selling thousands of coveted travel documents, even in some cases granting citizenship to foreigners fleeing arrest warrants.
Cyprus luxury industry smiles through the economic slowdown
Gina Agapiou and Andrew Rosenbaum Amidst a global pandemic crisis and almost no tourists in Cyprus this year, demand for luxury products stands strong, sources within the industry told the Cyprus Mail …
Will Cyprus be back in Turkey’s crosshairs soon?
Ankara has tried to cement its military role and occupation of northern Cyprus by calling itself a “guarantor” of the area.
Saudi Arabia Investors to Seek Investments in Cyprus
Bilateral trade and investment between Saudi Arabia and the Republic of Cyprus is expected to bring “sizable benefits” to both countries, the Cyprus Amb …
Greece accuses Turkey of ‘imperialist fantasies’
Greece’s Prime Minister Kyriakos Mitsotakis accused Turkey of “imperialist fantasies” in the eastern Mediterranean during a meeting on Wednesday with the leaders of Cyprus and Egypt.
Cyprus, Greece, Egypt to Turkey: drop the rancor, join us
The leaders of Cyprus, Egypt and Greece on Wednesday renewed an invitation to Turkey to become a partner in reaping the potential benefits of offshore gas deposits, …
Saudi Arabia investors eye Cyprus for investment
Among the sectors that were ripe for investment in Cyprus was the tech industry, said George Campanellas, chief executive of Invest Cyprus …
EU takes action against Malta, Cyprus for ‘golden passports’
The European Commission has launched infringements procedures against Cyprus and Malta over their “golden passport” programs, in which wealthy people can acquire EU citizenship in exchange for an inve …
EU takes legal action against ‘golden passport’ schemes in Cyprus, Malta
The European Union’s executive said on Tuesday it was launching legal action against Cyprus and Malta over their investor citizenship programmes, also known as “golden passport” schemes. The schemes a …
‘Golden passports’: EU launches legal action against Cyprus and Malta
Brussels says schemes selling citizenship to wealthy investors are illegal …