Cyprus Financial News

India and Greece on Friday agreed to elevate their relationship to a ‘Strategic Partnership’ as PM Narendra Modi held wide ranging dialogue with Kyriakos Mitsotakis, Prime Minister of Greece in Athens. The two leaders called for respect of international law, sovereignty and territorial integrity in the backdrop of India’s consistent support on Cyprus issue and Greece’s constant support on the Kashmir issue. The PM level discussions covered various dimensions of the bilateral partnership, including trade and investment, defense and security, technology, infrastructure, digital payments, shipping, pharma, agriculture, migration and mobility, tourism, skill development, culture, education and people to people ties, an official informed. They also discussed regional and multilateral issues, including the EU, Indo-Pacific and the Mediterranean. “Greece expressed its support for the India-EU Trade and Investment Agreement. Over the Ukraine issue, both countries support diplomacy and dialogue.

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cryptocurrency and the utilization of networks of shell companies. As per a ToI report, at the center of one of the largest such networks under investigation stands Parimatch, a Cyprus-based group, that even engages in advertising during local sports leagues on television. The Directorate General of Goods & Services Tax Intelligence (DGGI) in Mumbai has recently managed to uncover and dismantle one such network linked to Parimatch.

Nile Delta to floodgates that protect Venice, projects to keep the sea from swallowing the land are multiplying. Some scientists are beginning to consider ideas once dismissed as crackpot, such as damming the Strait of Gibraltar to keep sea levels in check. Much of the Mediterranean region has been in the grip of a fearsome heat wave in recent weeks, raising mortality rates and putting pressure on overstretched healthcare systems, with the elderly especially at risk.

Greece’s prime minister says his country wants to take full advantage of a developing positive climate with neighboring Turkey in order to improve bilateral relations despite a string of decades-old disputes

A month after the world’s largest crypto exchange Binance faced rejection of its crypto custody license request from the German regulator BaFin, the exchange has reportedly withdrawn its license application.

Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The German Federal Financial Supervisory Authority (BaFin).

By Fedja Grulovic

Spain’s Carlos Alcaraz celebrated beating Serbia’s Novak Djokovic in the Wimbledon men’s singles final as Czech Republic’s Marketa Vondrousova triumphed in the women’s final.

Spain’s Carlos Alcaraz celebrated beating Serbia’s Novak Djokovic in the Wimbledon men’s singles final as Czech Republic’s Marketa Vondrousova triumphed in the women’s final.

Mediterranean destinations on Tuesday to stay indoors during the hottest hours as the second heat wave in as many weeks hits the region and Greece, Spain and Switzerland battled wildfires. In Italy, Red Cross teams checked on the elderly by phone while in Portugal they took to social media to warn people not to leave pets or children in parked cars.

From North America to Europe and Asia, people gulped water and sought shelter from the sweltering heat, with the mercury expected to reach new highs in several places in the next few days. Europe, the globe's fastest-warming continent, was bracing for its hottest-ever temperature this week on Italy's islands of Sicily and Sardinia, where a high of 48 degrees Celsius (118 degrees Fahrenheit) is predicted, according to the European Space Agency.

FTX lawyers have filed a court motion seeking the recovery of $323.5 million from the leadership of FTX Europe, which includes Patrick Gruhn, Robin Matzke, Brandon Williams, and Lorem Ipsum UG.  

According to the legal team of the FTX investors, trying to return their funds through court, a failed crypto exchange spent “nearly $400 million” to acquire Digital Assets DA AG (“DAAG”). Later the Swiss company became known as FTX Europe. Now the plaintiffs are eager to be refunded the money that was spent on it by Sam Bankman-Fried and his associates. 

PTI. "An outreach was conducted through the ministry and meetings and video conferences are being set up with the leadership of these companies," the news agency quoted an official as saying, who added there is also a plan to engage with people of Indian origin (PIO) under the initiative.

Miami Herald on 7 July. As per the report, the Swedish Söderberg expedition was led by University of Gothenburg's archaeology professor Peter Fischer, who had began exploring the area on the south coast of Cyprus in 2010. Among the latest discoveries include the two ancient chamber tombs and their contents, the daily quoted university 6 July release.

Greece’s newly appointed defense minister has welcomed a de-escalation of tensions in the eastern Mediterranean

₹48,895 crore, down from ₹69,945 crore registered in the previous fiscal. FDI from the US stood at ₹48,666 crore, down from ₹78,527 crore in FY22. FDI from the Netherlands declined to ₹ 19,855 crore from ₹34,442 croreand inflows from Caymen Islands declined to ₹6,069 crore from ₹28,383 crore.

On Tuesday, 4 July, Tina Ambani, the wife of indus... moreOn Tuesday, 4 July, Tina Ambani, the wife of industrialist Anil Ambani appeared before the Enforcement Directorate in Mumbai for questioning and to provide her statement regarding an investigation related to the alleged violation of foreign exchange regulations.

Greece’s newly-appointed foreign minister says his country is ready to start talks with Turkey to resolve a long-standing dispute over maritime borders that has repeatedly brought the two neighbors to the brink of armed conflict

Anil Ambani, Chairman of Reliance ADA Group, appeared before the Enforcement Directorate (ED) in Mumbai for questioning and to provide her statement regarding an investigation related to the alleged violation of foreign exchange regulations, according to official sources. Anil Ambani had already given his statement on Monday, 3 July, under sections of the Foreign Exchange Management Act 1999 (FEMA), and he is expected to appear before the ED again later in the week to complete the process.