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12° Nicosia,
27 October, 2021
 

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Displaying results 1-30 of 192 matches for query loans.

1. Thousands of property assets in Greece are up for auction

https://knews.kathimerini.com.cy/en/business/thousands-of-property-assets-in-greece-are-up-for-auction

The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....

2. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-renewed-european-finance-strategy-and-implementation-of-the-action-plan-on-financing-sustainable-growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

3. Hellenic posts 21 million euro profit

https://knews.kathimerini.com.cy/en/business/hellenic-posts-21-million-euro-profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

4. Southern European banks set for climate hit

https://knews.kathimerini.com.cy/en/business/southern-european-banks-set-for-climate-hit

Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires,...

5. Another 85 million by February if Cyprus meets deadline of key reforms

https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

6. Cyprus receives 157 million for Recovery and Resilience Plan

https://knews.kathimerini.com.cy/en/news/cyprus-receives-157-million-for-recovery-and-resilience-plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

7. Cyprus awaits endorsement during Ursula visit

https://knews.kathimerini.com.cy/en/news/cyprus-awaits-rrp-endorsement-during-ursula-visit

European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...

8. ECB tells Cyprus lawmakers to get it right

https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

9. Cyprus hurries to clean up company registry

https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

10. IMF: Withdrawal of support measures should be gradual

https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

11. Reported House website hack was false alarm

https://knews.kathimerini.com.cy/en/news/reported-house-website-hack-was-false-alarm

The website of the House of Representatives in the Republic of Cyprus suffered a technical glitch on Monday, the innovation commissioner says, following reports in Greek Cypriot media that a foreign hacker had targeted the website...

12. Turkish hacker targets Cyprus Parliament website

https://knews.kathimerini.com.cy/en/news/turkish-hacker-targets-cyprus-parliament-website

The Cyprus Parliament’s website was on Monday facing attacks by a Turkish hacker, an announcement by the House of Representatives said....

13. Cabinet approves €250m supplementary pandemic budget

https://knews.kathimerini.com.cy/en/news/cabinet-approves-€250m-supplementary-pandemic-budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

14. Vaccinations 'main economic tool' in managing Covid crisis

https://knews.kathimerini.com.cy/en/news/vaccinations-the-main-economic-tool-in-managing-covid-crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....

15. Property valuations and uncertainty clauses

https://knews.kathimerini.com.cy/en/comment/opinion/property-valuations-and-uncertainty-clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

16. House Speaker says Parliament must 'raise its standards'

https://knews.kathimerini.com.cy/en/news/house-speaker-says-parliament-must-raise-its-standards

House Speaker Adamos Adamou said that Parliament has an obligation to raise its standards and improve its image to the public, who are turning away from politics and politicians and especially Parliament....

17. Anastasiades takes the stand in passports probe

https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

18. MPs approve publication of PEP bad loans list

https://knews.kathimerini.com.cy/en/news/mps-approve-publication-of-pep-bad-loans-list

Parliament on Thursday approved the publication of the list of politically exposed persons (PEP) with non-performing loans, known as the Yiorkadji list....

19. Policy priorities unaffected by pandemic, FinMin says

https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

20. Industrial/Logistics most attractive post COVID-19

https://knews.kathimerini.com.cy/en/business/industrial-logistics-most-attractive-post-covid-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

21. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

https://knews.kathimerini.com.cy/en/news/finmin-confirms-cyprus-won-t-reinstate-‘golden-passports-scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

22. Cat-and-mouse game with Turkey must stop, Michel says

https://knews.kathimerini.com.cy/en/news/cat-and-mouse-game-with-turkey-must-stop-michel-says

A game of “cat-and-mouse” between the European Union and Turkey needs to come to an end, European Council President Charles Michel said on Friday, in reference to a dispute over natural gas resources in the Eastern Mediterranean....

23. Cyprus experiencing excessive macroeconomic imbalances

https://knews.kathimerini.com.cy/en/news/cyprus-experiencing-excessive-macroeconomic-imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

24. Support schemes added to fight lockdown consequences

https://knews.kathimerini.com.cy/en/news/support-schemes-added-to-fight-lockdown-consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

25. Fresh total lockdown out of the question for Cyprus govt

https://knews.kathimerini.com.cy/en/news/fresh-total-lockdown-out-of-the-question-for-cyprus-govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

26. Banks must prepare for a new cycle of NPLs due to Covid-19

https://knews.kathimerini.com.cy/en/news/banks-must-prepare-for-a-new-cycle-of-npls-due-to-covid-19

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) told Cyprus commercial banks to prepare to face a new cycle of non-performing loans in 2021 due to the coronavirus pandemic....

27. KPMG Property Lending Barometer 2020

https://knews.kathimerini.com.cy/en/business/kpmg-property-lending-barometer-2020

28. Apollo CEO investigated over Epstein ties

https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties

The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...

29. 22.3% of Cyprus population at risk of poverty in 2019

https://knews.kathimerini.com.cy/en/news/22-3-of-cyprus-population-at-risk-of-poverty

The most recent European Statistics on Income and Living Conditions (EU-SILC) 2019 survey shows that 22.3% of the Cyprus population, that is 194,400 persons, are living in households that are at risk of poverty or social exclusion....

30. Male Cypriots urged to negotiate postponement of higher fees with UK universities

https://knews.kathimerini.com.cy/en/news/male-cypriots-urged-to-negotiate-postponement-of-higher-fees-with-uk-universities

Male Cyprus high school graduates considering going on to a UK university but who must first complete a 14-month military service, by which time the UK is set to enforce its decision to scrap home fee status for EU students, are urged to directly contact their university of interest to negotiate a postponement of the fee increase, allowing them to enrol next under current fee status....

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