Former MPs face prosecution over passport scandal

Police are requesting the prosecution of former House Speaker Demetris Syllouris and ex-AKEL MP Christakis Giovani implicated in the golden passport scandal, which ended the citizenship for investment scheme. Police have completed

Two Limassol towers post-golden passports

Limassol is still seeing high-rise projects preparing to take off the ground, despite Cyprus’ golden passport scheme’s demise that put some luxury towers on ice. The island’s environmental body has given the


EU assessing golden passports

The EU Commission has received a reply from Nicosia in the ongoing infringement procedure into the Cyprus Investment Programme and is currently assessing it, a spokesperson said. Responding to whether the European Commission


President refutes ‘racism’ in passports row

President Nicos Anastasiades refuted claims that his cabinet’s decision to revoke 14 Cyprus passports held by Turkish Cypriot officials was racist and a violation of human rights. The President was drawn into

Living in a Cyprus kleptocracy

By Panicos Demetriades Soon after the report on the ‘citizenship by investment’ scheme, fellow economist George Koumoullis convincingly made the case that Cyprus is a kleptocracy – a system of government in

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