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Cyprus
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Monday, October 12, 2026
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New revelations from recently released Soviet archives suggest that students from the Progressive Party of Working People (AKEL) were allegedly used as 'couriers' for Russian rubles through the KGB, implying involvement in illicit financial activities connected to Cyprus. This comes as fresh investigations by the BBC and OCCRP have brought to light new details concerning Deloitte Cyprus's purported links with Roman Abramovich, prompting a response from the company.
On the domestic front, a significant development in Larnaca saw a large apartment building declared dangerous, necessitating the evacuation of dozens of residents and businesses. Meanwhile, the Veterinary Services are preparing to cull 3,000 animals following the official recording of Foot-and-Mouth Disease cases identified over the summer. The government has also announced a substantial €1.5 billion allocation in the 2027 state budget for major infrastructure projects, including a new Cypriot Museum and highways.
Political discussions continue within the Democratic Rally (DISY), where Averof Neofytou's handling of internal matters is reportedly causing dissatisfaction, and George Pamporidis's candidacy is gaining traction, with Ioannis Kasoulides expected to offer his support. Annita Demetriou, President of the House of Representatives, has publicly stated that dignity cannot be slandered, in what appears to be a response to ongoing accusations.
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Top Stories
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Newly declassified Soviet archives reveal that students from AKEL were allegedly used as 'couriers' by the KGB for transferring Russian rubles, suggesting illicit financial activities connected to Cyprus. Concurrently, investigations by the BBC and OCCRP have brought to light new details regarding the alleged involvement of Deloitte Cyprus with Roman Abramovich, prompting a statement from the company.
Sigmalive:
New Soviet Archives: AKEL students as KGB couriers
Newly released Soviet archives suggest that AKEL students were used as 'couriers' for Russian rubles via the KGB, implicating them in illicit financial activities linked to Cyprus.
Sigmalive:
BBC-OCCRP: Revelations about Deloitte Cyprus and Abramovich
Investigations by the BBC and OCCRP have uncovered new details regarding Deloitte Cyprus and its alleged involvement with Roman Abramovich, prompting a response from the company.
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The Democratic Rally (DISY) continues to experience internal turmoil following Annita Demetriou's withdrawal from the presidential race. Averof Neofytou's leadership is reportedly causing dissatisfaction, while George Pamporidis is gaining support for his candidacy, with Ioannis Kasoulides expected to back him. Annita Demetriou has issued a public statement asserting that dignity cannot be slandered.
Politis:
DISY: Averof's handling dissatisfaction, the front around Pamporidis and…
The withdrawal of Annita Dimitriou from the presidential race has not brought calm to DISY, with Averof Neofytou's handling causing reactions. Pamporidis's candidacy is gaining support, and Ioannis Kasoulidis is expected to back him. Those supporting Nikos Christodoulides reportedly favor Averof…
Philenews:
Irene Charalambidou: AKEL Must Deny or Confirm Pamporidis Rumors
Irene Charalambidou is reigniting the discussion about George Pamporidis' potential candidacy in the 2023 presidential elections, denying she herself sought to run.
Sigmalive:
Annita: Dignity is not slandered, shame on those who say it
Politician Annita makes a public statement asserting that dignity cannot be slandered and expressing shame towards those making false accusations.
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Authorities have ordered the evacuation of a large apartment building in Larnaca after it was deemed highly dangerous, displacing numerous residents and businesses.
Philenews:
Larnaca Apartment Building Declared Dangerous, Evacuation Underway
A large apartment building in Larnaca has been deemed highly dangerous, prompting authorities to issue an evacuation order for dozens of residents and businesses.
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Veterinary services are preparing to cull 3,000 animals in the coming days after officially recording cases of foot-and-mouth disease that were identified over the summer across five livestock units.
Cyprus Mail:
3,000 Animals to be Culled After FMD Cases Unrecorded
Veterinary services will officially record 3,000 cases of foot-and-mouth disease identified in the summer across five livestock units, with the affected animals scheduled for culling within days.
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Following an incident involving a bear escape, the owner of Melios Zoo has publicly stated that all animals at his facility are captive-bred and none are wild-caught.
Sigmalive:
Melios: I don't have wild animals, they are all born in captivity
The owner of Melios Zoo states that all animals in his facility are captive-bred and not wild-caught, in response to an incident where a bear escaped.
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Daily news summaries from Cyprus
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