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2461. Co-working spaces and Entrepreneurship

2462. Bank of Cyprus CEO makes the case for Cyprus recovery

2463. We need the new diaspora back

2464. Greek banks to chase borrowers who refused to open their accounts

Banks have firmly focused their attention on debtors who have resorted to the provisions of the so-called Katseli law – named after former economy minister Louka Katseli – for protection now that their bank account secrecy has been lifted....

2465. Cyprus bond achieves best borrowing rate in Euro era

2466. More Turkish Cypriots seek higher wages in the south

Reports in the northern part of the island show the devaluation of the Turkish lira and higher wages in the south are driving more Turkish Cypriots to seek employment in the Republic of Cyprus...

2467. European Central Bank unveils new €100 and €200 banknotes

2468. Sex trafficking suspects released until further notice

All five suspects in a recent sex trafficking case have been released from custody until further notice, as police investigators are pouring over bank accounts and telecommunications data to build the case...

2469. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

2470. Cypriot documentary 'The Ghost of Peter Sellers' wows in Venice and Telluride

2471. Deloitte: 2nd Cyprus Open Data Hackathon

2472. Woman duped in 'Spanish prisoner' scam

Police arrested a 60-year-old Nicosia man Sunday evening on fraud charges in connection with an advance-fee scam, following a complaint filed by a 63-year-old teacher who says she was duped into wiring a total of €117,000...

2473. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

2474. 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...

2475. EU Commissioner for Competition Margrethe Vestager visits Cyprus

2476. Knock it down and rebuild it from scratch

2477. Turkish Lira rallies as central bank raises interest rates to 24%

2478. AG disagrees with former banker’s acquittal

Attorney General Costas Clerides disapproves of the acquittal of former banker Andreas Eliades, saying cases involving the collapse of the credit and financial system are “difficult and complicated...

2479. EBRD investment to rise in FYROM, Greece

The European Bank for Reconstruction and Development (EBRD) expects its investment in the Former Yugoslav Republic of Macedonia and Greece to rise significantly after the two countries manage to solve the dispute regarding FYROM’s name, an EBRD official said....

2480. No paddles go up for Berengaria hotel

Despite a recent spike in interest for the auction of the abandoned Berengaria hotel in Cyprus, the historic building failed to draw bidders who would be willing to meet the minimum asking price of just over €2 million...

2481. 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...

2482. Russia, Iran and Turkey have different visions for Syria but all three face US sanctions

2483. Bank of Cyprus adds 24300 new retail accounts in August

2484. Merkel endorses Euro clearing move from London to Frankfurt

2485. Open Data Hackathon Info Day

On 3 September 2018, the organizers of the 2nd Cyprus Open Data Hackathon held an Info Day for the competition at the premises of ARIS in Limassol...

2486. Hellenic takes on 400,000 new customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

2487. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

2488. Former trustee says Credit Unions were in chaos

Another former trustee of the defunct Cyprus Cooperative Bank speaks out, describing a world of chaos at the financial institution where lack of expertise, political pressure, and wrongdoing ruled the day ...

2489. Turkish Cypriots to touch base with Ankara

Turkish Cypriot officials are reportedly getting ready for a trip to Ankara where they will discuss the Turkish economic crisis and its impact on the northern part of the island...

2490. 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...