FRONTPAGES.EU
What's happening in Europe?
|
Cyprus
|
|
Wednesday, November 04, 2026
|
|
|
|
A new Audit Service report has revealed that cooperation has cost the state €2 billion, raising significant concerns about financial practices at KEDIPES and Altamira. The report specifically highlighted losses of up to €12 million and the hiring of nine directors at KEDIPES without the necessary qualifications, prompting questions about supervision and valuations.
In ongoing developments related to the Cyprus Issue, discussions are focusing on four specific crossing points, with a potential five-way meeting being considered. Türkiye's Minister of Foreign Affairs, Hakan Fidan, is expected to visit the occupied territories on Friday, further indicating movement on diplomatic fronts.
Separately, police are on high alert following a shooting incident in Ormidia, where shots were fired at the home of a 76-year-old man. The incident is being investigated and is possibly linked to the father of a life-sentenced inmate and a 33-year-old victim of an attempted murder.
|
Top Stories
|
An Audit Service report has revealed that cooperation efforts have cost the Cypriot state €2 billion. The report specifically raises concerns about KEDIPES and Altamira, citing up to €12 million in losses and the hiring of nine unqualified directors, prompting scrutiny over financial practices and oversight.
Politis:
Audit Service: Cooperation cost the state €2 billion - Warning for KEDIPES and…
An Audit Service report indicates that cooperation has cost the state €2 billion, raising concerns about KEDIPES and Altamira regarding supervision, valuations, and personnel costs.
Philenews:
Audit of KEDIPES: Losses Up to €12 Million and Hires Without Qualifications
An audit of KEDIPES reveals losses of up to €12 million and the hiring of nine directors without the necessary qualifications, raising questions about financial practices following the bailout of the cooperative banking sector.
|
|
Discussions regarding the Cyprus Issue are currently focused on four specific crossing points, with the possibility of a five-way meeting being considered. Türkiye's Minister of Foreign Affairs, Hakan Fidan, is anticipated to visit the occupied territories this Friday as part of ongoing diplomatic efforts.
Politis:
Cyprus Issue: These are the four crossings on the table with an eye on a…
Four crossing points are central to discussions regarding the Cyprus Issue, with a potential five-way meeting being considered. Foreign Minister Fidan is expected to visit the occupied territories on Friday.
|
|
Police are investigating a shooting incident in Ormidia where shots were fired at the residence of a 76-year-old man. The incident has placed authorities on high alert and is potentially linked to the father of a life-sentenced inmate and a 33-year-old victim of an attempted murder.
Philenews:
Police Alert: Father of Inmate and 33-Year-Old Victim Targeted in Ormidia…
A shooting incident in Ormidia, targeting the father of a life-sentenced inmate and a 33-year-old victim of an attempted murder, has placed the police on high alert, with the incident possibly linked to the environment of the 48-year-old convicted of a quadruple homicide.
Sigmalive:
Shooting Incident in Ormidia, Cyprus
There is unrest in Ormidia following a shooting incident targeting the home of a 76-year-old man.
Cyprus Mail:
Shots fired at home of pensioner in Ormidia
Police are investigating after shots were fired at the residence of a 76-year-old man in the Ormidia area of Larnaca.
|
|
The organizer of a Halloween party in Limassol has been charged, with authorities actively seeking the property owner. Critical questions persist regarding the police's delayed response to a drift incident related to the event.
Politis:
Limassol: Organizer of Halloween party charged, property owner sought - Why…
The organizer of a Halloween party has been charged in Limassol, while the property owner is being sought. Questions remain about the police's delayed response to a drift incident.
|
|
The Limassol Chamber of Commerce and Industry (EVE) and local mayors are planning significant protests, including the potential closure of a roundabout, due to their dissatisfaction with the exclusion of key infrastructure projects from the 2027 budget.
Politis:
Limassol EVE and Mayors in turmoil: Dynamic mobilizations on the table - 'We…
The Limassol Chamber of Commerce and Industry (EVE) and local mayors are planning strong protests, including a potential roundabout closure, due to dissatisfaction with infrastructure projects not being included in the 2027 budget.
|
|
Cyprus's tourism industry is facing concerns as record aviation fuel prices are anticipated to lead to higher airfares in 2027, potentially hindering efforts to extend the winter tourism season. Concurrently, a broader global diesel crisis with depleted inventories and geopolitical factors threatens a difficult winter for the island.
Cyprus Mail:
Record aviation fuel prices threaten Cyprus' winter tourism
Rising aviation fuel prices and anticipated higher airfares in 2027 are causing concern for Cyprus's tourism industry, especially as it aims to extend its season.
Cyprus Mail:
Diesel crisis looms over Cyprus for winter
The global diesel crisis is intensifying with depleted international inventories, potential Russian refinery attacks, and the possibility of further escalation involving Iran, posing a difficult winter for Cyprus.
|
|
Cypriot newspapers are reporting that, according to a map published in Iranian media, the British air base Akrotiri in Cyprus, alongside military installations in Greece, could be among potential Iranian targets.
Cyprus Mail:
Newspapers suggest Cyprus and Greece could be Iranian targets
According to a map published in Iranian media, potential Iranian targets include the British air base Akrotiri in Cyprus and military installations in Greece.
|
|
|
|
|
Daily news summaries from Cyprus
Part of the frontpages.eu European news digest
Follow us on
Instagram · Facebook
frontpages.eu
·
View Cyprus
·
Unsubscribe
|
|