https://knews.kathimerini.com.cy/en/news/regling-says-greece-will-remain-linked-to-esm
Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....
https://knews.kathimerini.com.cy/en/business/global-jitters-hit-greek-bonds
Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....
https://knews.kathimerini.com.cy/en/comment/politicsblog-the-imposing-mrs-lute-and-the-moment-of-truth
Onasagoras takes a look at the Lute visit and as always, there's an inside scoop on the usual suspects...
https://knews.kathimerini.com.cy/en/news/anastasiades-unfair-solution-destined-to-fail
President Nicos Anastasiades is sending a message to Ankara and the Turkish Cypriot leadership that a Cyprus solution shouldn’t fail to undo past injustices...
https://knews.kathimerini.com.cy/en/news/alexoui-files-complaint-against-police
Alexis ‘Alexoui’ Mavromichalis is out on bail and his lawyers are filing a complaint against the police, following a heated exchange he reportedly had with Nicosia’s police chief inspector prior to his release...
https://knews.kathimerini.com.cy/en/news/paphos-airport-trespasser-had-‘no-malicious-intent
The passenger, who missed his flight after being arrested for breaching security at Paphos airport, says he was only trying to get to his plane after his wife told him they were closing the gate to the boarding area...
https://knews.kathimerini.com.cy/en/news/cabinet-okays-homeowner-plan-ahead-of-crucial-house-session
The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...
https://knews.kathimerini.com.cy/en/news/government-throws-co-op-ball-in-hellenic-s-court
The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...
https://knews.kathimerini.com.cy/en/business/hellenic-moments-away-from-ccb-offer
The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...
https://knews.kathimerini.com.cy/en/news/denuclearisation-agreement-seen-as-symbolic
US President Donald Trump and North Korean leader Kim Jong Un pledged on Tuesday to work toward complete denuclearization of the Korean peninsula while Washington committed to provide security guarantees for its old enemy...
https://knews.kathimerini.com.cy/en/business/finance-ministry-issues-six-year-bonds-for-natural-persons
Cyprus Finance Ministry issued domestic bonds for natural persons amounting to €6.77 million, Public Debt Management Office (PDMO) announced....
https://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...
https://knews.kathimerini.com.cy/en/business/cyprus-forecasts-high-gdp-growth-of-3-plus-until-2021
High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...
https://knews.kathimerini.com.cy/en/business/russian-dirty-money-flowing-through-london-damages-uk
Russian money hidden in British assets and laundered through City of London financial institutions damages the government’s efforts to take a tough stance against Moscow’s aggressive foreign policy, a committee of lawmakers said...
https://knews.kathimerini.com.cy/en/news/new-british-high-commissioner-wants-to-deepen-special-relationship
On presenting his credential in Nicosia new British High Commissioner in Cyprus Stephen Lillie said there was a great deal for the two countries to celebrate despite the complexities....
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/business/bad-news-for-bitcoin-believers
Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it...
https://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...
https://knews.kathimerini.com.cy/en/news/crunch-year-in-cyprus-bid-to-become-regional-energy-player
Cyprus is ramping up efforts to become a regional energy player with 2018 seen as a critical year in deciding where it stands, Foreign Minister Nicos Christodoulides said in an exclusive interview with Kathimerini...
https://knews.kathimerini.com.cy/en/news/french-frigates-could-be-built-in-greece
Tsipras and Macron discussed the possible use of profits on Greek bonds held by the cental banks of other European countries, such as France, for the construction of frigates...
https://knews.kathimerini.com.cy/en/business/cyprus-is-open-for-business-and-china-s-buying
As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...
https://knews.kathimerini.com.cy/en/news/motive-behind-waffle-house-shooting-eludes-nashville-police
The gunman, who began shooting outside the restaurant and then moved inside, aborted his attack and fled when a customer wrestled the rifle from him...
https://knews.kathimerini.com.cy/en/news/turkey-s-erdogan-declares-early-elections
President Tayyip Erdogan said on Wednesday Turkey’s presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency....
https://knews.kathimerini.com.cy/en/news/celebrating-israel-s-70th-independence-day-in-cyprus
The significant natural gas reserves in the Eastern Mediterranean offer much potential for joint ventures and commercial growth...
https://knews.kathimerini.com.cy/en/comment/russia-is-drifting-away
Michalis Tsikalas says the fact that Russia and Turkey are locked in an embrace, which is getting stronger over time, should not go unnoticed in Cyprus. Taking action on any chosen path remains difficult in the world of energy choices, but don’t have all the luxury in the world to pick and choose. ...
https://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 ...
https://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....
https://knews.kathimerini.com.cy/en/business/government-boosts-ccb-s-hand
The Cyprus government says it is depositing €2.5 billion at the Cooperative Bank of Cyprus, as part of a broader plan to eliminate uncertainty among depositors in the wake of a privatisation bid...
https://knews.kathimerini.com.cy/en/news/father-wins-court-battle-to-stop-child-being-moved-to-north
The man, aged 43, instructed lawyers to go to the Court of Session in Edinburgh after his former partner told him of her wish to relocate...
https://knews.kathimerini.com.cy/en/business/cyprus-central-government-debt-at-€18-3-billion-at-end-2017
Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....