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151. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

152. North and south touch base on West Nile virus

Members on the Bicommunal Technical Committee on Health met Wednesday to discuss the West Nile virus, following one death in the north and a number of cases throughout the island...

153. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

154. Three West Nile virus cases in the north

Turkish Cypriot media say authorities in the north have detected three cases of the West Nile virus, while officials in the south are still waiting for tests on one possible case...

155. Moody's warns foreclosure laws increase risk for banks

Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....

156. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

157. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

158. Bank of Cyprus posts profit amid CEO departure

159. MAPFinTech and oneZero announce partnership

MAP Fin Tech and one Zero announce partnership to collaborate in research and development for integration of their systems...

160. Finance Minister to stay on until the end of the year

161. Cooperative Anathema: Dissolution or sale

162. Lead poisoning suspected in flamingo death

A Larnaca city councilor says the death of a flamingo last month in his town was not natural but caused by lead poisoning...

163. Project Helix, Differed tax, prop up Bank of Cyprus results

164. USS McFaul pulls into Limassol harbour

US Navy destroyer USS McFaul has pulled into Limassol harbour while on a regularly-scheduled deployment to conduct maritime security operations in the region...

165. Bank of Cyprus sells NPEs amounting to €34 million to APS Delta

166. Moody's upgrades Bank of Cyprus and Hellenic Bank

167. Hellenic Bank’s Economic Review

168. Fitch Ratings upgrades Cyprus to investment grade

169. Bad loans in Cyprus decline by €3.28 billion since March 2018

170. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....

171. Mandatory disclosure rules: the calm before the storm

It is a well-known fact that a storm is always preceded by a strange calm. This could be the perfect description of what is about to come, as a result of the latest changes adopted on May 25th of this year by the Council of the European Union...

172. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

173. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

174. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

175. Week starts off with yellow weather warning

Weather officials say Monday skies will be mainly clear while a yellow alert goes into effect due to high temperatures expected to reach 41 degrees around the capital...

176. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

177. Odysseas says Harris was being stubborn

The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...

178. Couple of hot days ahead before weekend drop

Officials issued a yellow warning for extreme hot weather on Thursday, with inland temperatures expected to reach 41° Celsius, while overall temperatures will drop slightly over the weekend to reach normal seasonal averages...

179. Cyprus thrust back into furnace

Officials warn of extreme hot weather on Thursday with highs at 41 degrees, while temperatures are expected to drop slightly Saturday but still above the normal average...

180. Yellow weather alert goes into effect

An extreme high temperature alert is in effect until Thursday 6pm, with officials warning the public to take precautions and follow hot weather safety tips...