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22° Nicosia,
25 May, 2018
 

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Displaying results 1-17 of 17 matches for query Georgiades.

1. Cyprus tightens vetting for investment-for-passport scheme

http://knews.kathimerini.com.cy/en/business/cyprus-tightens-vetting-for-investment-for-passport-scheme

In the wake of criticism that it was operating a "passports-for-cash" scheme, Cyprus has toughened up vetting procedures for those investors looking to get their hands on a European Union passport...

2. Co-op receives two bids in good bank, bad bank scenarios

http://knews.kathimerini.com.cy/en/business/co-op-receives-two-bids-in-good-bank-bad-bank-scenarios

The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...

3. Cyprus pin hopes on show-stopper Eleni Foureira

http://knews.kathimerini.com.cy/en/life/cyprus-pin-hopes-on-show-stopper-eleni-foureira

Perennial makeweight Cyprus hopes to raise its flag over the Eurovision Song Contest on Saturday with Greek singer Eleni Foureira red-hot favourite to wow audiences with her show-stopping song 'Fuego'...

4. US Treasury Assistant Secretary encouraged by meetings in Cyprus

http://knews.kathimerini.com.cy/en/news/us-treasury-assistant-secretary-encouraged-by-meetings-in-cyprus

The United States have been encouraged by the commitments made by Cypriot officials in the framework of meetings US Department of the Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea held on Friday and will continue to work with Cyprus to combat corruption, money laundering, and other financial threats....

5. Cyprus recovery is being recognised by international agencies

http://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

6. Co-op suffered 'nightmare' bank run

http://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march

A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....

7. #PoliticsBlog Loans to Politicians

http://knews.kathimerini.com.cy/en/comment/politcsblog-loans-to-politicians

The Non-Performing Loans (NPL) associated with political public figures reach over €160 million just in the cooperative bank alone. New measures are welcome but can they deliver?...

8. FinMin: Revenue from NPLs management will repay cost of support to Co-op

http://knews.kathimerini.com.cy/en/business/finmin-revenue-from-npls-management-will-repay-cost-of-support-to-co-op

Government moves include establishing an asset – management company, based on conditions that the competent European institutions will set and depending on the finalisation of investment interest in the Co-op...

9. Georgiades makes a “good case” for Co-op sell-off

http://knews.kathimerini.com.cy/en/business/georgiades-makes-the-good-case-for-ccb

Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....

10. Privatisation of Co-op may lead to the creation of a 'bad bank'

http://knews.kathimerini.com.cy/en/business/privatisation-of-co-op-may-lead-to-the-creation-of-a-bad-bank

A process launched by the nationalised Cooperative Cyprus Bank may lead to the creation of an Asset Management Company also known as a bad bank ...

11. Cooperative bank outflow appears to have stopped

http://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped

The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....

12. Speed camera plans move forward

http://knews.kathimerini.com.cy/en/news/speed-camera-plans-move-forward

Just as plans for speed cameras seemed to be going nowhere, an official meeting last week gave the go ahead for the tender process to begin within the next few months. ...

13. US gifts customs equipment to Cyprus

http://knews.kathimerini.com.cy/en/news/us-gifts-customs-equipment-to-cyprus

The US donates detection equipment to the Cyprus Customs Department in a move described as helping combat illicit trade, especially narcotics, and illegal weapons transfer....

14. Cyprus and UK sign new treaty for double taxation avoidance

http://knews.kathimerini.com.cy/en/business/cyprus-and-uk-sign-new-treaty-for-double-taxation-avoidance

For the Cyprus government, the expansion of economic relations with the United Kingdom is a top priority...

15. Hedge funds show interest in Cyprus co-op

http://knews.kathimerini.com.cy/en/business/hedge-funds-show-interest-in-cyprus-co-op

Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...

16. Co-op Bank en route to healthy future

http://knews.kathimerini.com.cy/en/business/co-op-bank-en-route-to-healthy-future

Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....

17. Focus on responsible borrowers

http://knews.kathimerini.com.cy/en/news/finance-minister-wants-focus-on-responsible-borrowers

Finance Minister Harris Georgiades says responsible borrowers deserve help, but draws the line where strategic defaulters take advantage of loopholes and don't repay their loans...