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August 13, 2026

Cyprus: Former president's tax affairs under scrutiny — FrontPages.eu, August 13, 2026

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Thursday, August 13, 2026

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A newly formed committee has initiated an investigation into the tax affairs of individuals allegedly involved with a 'Mafia State,' with former President Nicos Anastasiades, his family members, and associates reportedly at the center of the scrutiny. This comes alongside the uncovering of an Israeli circuit involved in smuggling cigarettes from the occupied territories, highlighting ongoing illicit trade operations. In economic news, the Great Sea Interconnector project has moved into a new phase with Greece's Independent Power Transmission Operator submitting an investment request for the Cyprus-Israel segment. Furthermore, the Council of Ministers has made decisions regarding two major shopping malls in Limassol, and a new bill concerning multinational taxation is under public consultation. The Land Registry is working to resolve issues with stagnant real estate, a move that coincides with a significant increase in building permits for residential apartment blocks, fostering hopes of stabilizing housing prices. Meanwhile, the newly elected parliament is preparing for a busy legislative agenda upon resuming sessions in September.

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A committee has begun scrutinizing the tax affairs of individuals allegedly involved with a 'Mafia State,' with former President Nicos Anastasiades, his family, and associates at the center of the investigation. Separately, an Israeli circuit has been uncovered for smuggling cigarettes from the occupied territories, indicating significant illicit trade.

Politis: Mafia State: Committee Investigates Tax Affairs of Involved Parties

A committee is scrutinizing the tax affairs of individuals allegedly involved with a 'Mafia State', with former President Anastasiades, his family members, and associates at the center of the investigation.

Sigmalive: Smuggling Ring: Israeli Circuit Smuggles Cigarettes from Occupied Territories

An investigation has uncovered an Israeli circuit involved in smuggling cigarettes from the occupied territories, highlighting a significant illicit trade operation.

The Great Sea Interconnector project has entered a new phase with Greece's Independent Power Transmission Operator submitting an investment request for the Cyprus-Israel segment, indicating a significant step forward in the energy infrastructure development.

Cyprus Mail: Great Sea Interconnector Moves Ahead with Cyprus-Israel Investment Request

The Great Sea Interconnector project has advanced with Greece's Independent Power Transmission Operator submitting an investment request for the Cyprus-Israel segment.

Politis: Great Sea Interconnector: Cyprus-Israel Cable Enters New Phase

The Great Sea Interconnector project, involving a cable between Cyprus and Israel, is moving into a new phase with the submission of an investment request.

Sigmalive: GSI: Cyprus-Israel Submitted Request for Investment Approval to Regulators

A request for investment approval related to the GSI project has been submitted to the Cyprus-Israel regulators, indicating a potential energy infrastructure development.

The Land Registry is seeking to unblock 'immovable' properties, while the Council of Ministers has made decisions regarding two major shopping malls in Limassol. A new bill concerning multinational taxation is also under public consultation, and there's a general update on the business landscape covering tourism, banking, and building permits.

Politis: Land Registry Wants to Unblock 'Immovable' Properties

The Land Registry aims to resolve issues with stagnant real estate, with market stakeholders sharing their views on the matter.

Philenews: Explosion in Apartment Construction: Significant Increase in Building Permits…

There has been a substantial increase in building permits for residential apartment blocks, fueling hopes that housing prices might be stabilized due to the increased supply.

Politis: Cabinet Decides on Two Major Limassol Malls

The Council of Ministers has made decisions regarding two large shopping malls in Limassol, with the outcomes to be presented to Parliament.

Sigmalive: Again from the Beginning on Multinational Tax - New Bill Under Consultation

A new bill concerning the taxation of multinational corporations is being introduced, with a public consultation process underway to revise tax policies.

Cyprus Mail: Cyprus Business Now: Tourism, Banks, AI, Crypto, Building Permits

A brief on Cyprus's business landscape, covering tourism, banking sector updates, artificial intelligence, cryptocurrency trends, and building permits, noting hotel occupancy in Paphos.

The son of hero Tasos Markou shared a deeply emotional message, expressing profound grief and longing for his father. Separately, a POLcast episode delves into the pivotal events of 1974, including the coup of July 15th, Operation Attila, and the division of Cyprus.

Sigmalive: 'Father, I missed you my whole life': Son of Hero Tasos Markou Shocks

The son of a hero named Tasos Markou shares a deeply emotional message, expressing profound grief and longing for his father.

Politis: POLcast: Events That Shaped Cyprus in 1974

This POLcast episode delves into the pivotal events of 1974, including the coup of July 15th, Operation Attila, and the division of Cyprus.

The newly elected parliament in Cyprus is set to address a significant legislative agenda when sessions resume in September, with crucial bills awaiting their attention.

Cyprus Mail: New MPs to Roll Sleeves Up Come September

The newly elected parliament in Cyprus faces a significant legislative agenda upon resuming sessions in September, with crucial bills to address.

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