AGP Executive Report
Last update: 13 minutes agoRegional Diplomacy: Cyprus, Greece and Egypt will hold a trilateral summit in El Alamein on Sept. 8, with regional security and the new Mecca defence pact expected on the agenda, as Nicosia seeks to deepen ties with Cairo. Immigration Crackdown: In Nicosia, police arrested 41 third-country nationals for illegal stay; 16 have already been deported and 25 moved to a reception facility, as the government pushes forced and voluntary returns. Presidential Controversy: President Nikos Christodoulides says a leaked planned €595,000 armored limousine purchase was meant to damage him politically ahead of elections, while parliament’s finance committee is set to discuss the matter behind closed doors. CySEC Enforcement: CySEC warned investors about nine unauthorised online investment and crypto platforms operating without required approvals, urging people to verify credentials before trading. EU & Cyprus Issue: EU Council President António Costa reiterated EU commitment to advancing the Cyprus issue under UN resolutions and international law, while also backing Schengen progress. Pension Reform Talks: Labour and finance ministers continue discussions on pension reform, aiming to improve adequacy and protect long-term sustainability. Maritime Tragedy (TRNC): The Kyrenia ferry disaster death toll rose to 14, with 14 still missing, as search-and-rescue continues. Maritime Cooperation: Cyprus and Bahrain signed an MoU expanding maritime safety, training, search and rescue and innovation, with joint working groups planned. Fintech & Jobs: Kraken’s CySEC-regulated presence is highlighted as part of a push to position regulated digital finance as a new pillar of Cyprus’ economy. Remembering Mari: Popi Christoforou, mother of Mari blast twins, died after battling cancer, remembered for years of campaigning for accountability.
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